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. 98— ic►2�7�72 FIXED/ADJUSTABLE RATE RIDER (1 YEAR TREASURY WDEX-RATE CAPS) THIS FIXED/ADJUSTABLE RATE RIDER is made this 19th day of Mazch, 1998 and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (the "Security Instrument") of the same date given by the undersigned (the "Bonower") to secure Bonower's Fixed/Adjustable Rate Note(the "Note")to Merrill Lynch Credit Corporation, a Delawaze corporation, whose street address is 4802 Deer Lake Drive East, Jacksonville, Florida 32246-6484, (the "Lender") of the same date and covering the property described in the Security Instrument and located at: 3015 Brentwood Boulevud Grand Island, Nebraska 68801. THE NOTE PROVIDES FOR A CHANGE IN THE BORROWER'S FIXED INTEREST RATE TO AN ADJUSTABLE INTEREST RATE. THE NOTE LIMITS THE AMOUNT THE BORROWER'S ADJUSTABLE INTEREST RATE CAN CHANGE AT ANY ONE TIME AND THE MAXIMUM RATE THE BORROWER MUST PAY. ADDITIONAL COVENANTS.In addition to the covenants and agreements made in the Security Instrument, Bonower and Lender further covenant and agree as follows: A. ADJUSTABLE RATE AND MONTHLY PAYMENT CHANGES The Note provides for an initial fixed interest rate of 7.625%. The Note also provides for a change in the initial fixed rate to an adjustable interest rate, as follows: 4. ADJUSTABLE INTEREST RATE AND MONTHLY PAYMENT CHANGES (A) Change Dates The initial fixed interest rate I will pay will change to an adjustable interest rate on the first day of April 1,2003, and the adjustable interest rate I will pay may change on that day every 12th month thereafter. The date on which my initial fixed interest rate changes to an adjustable interest rate, and each date on which my adjustable interest rate could change, is called a "Change Date." (B) The Index Beginning with the first Change Date, my adjustable interest rate will be based on an Index. The "Index" is the weekly average yield on United States Treasury securities adjusted to a constant maturity of 1 yeaz, as made available by the Federal Reserve Boazd. The most recent Indez figure available as of the date 45 days before each Change Date is called the "Cunent Index." If the Indez is no longer available, the Note Holder will choose a new index that is based upon wmpazable information. The Note Holder will give me notice of this choice. MUI.TISTATE FIXED/ADJUSTABLE RA1'E RIDER-1 YEAR TREASURY WDEX—Single Family--Fannie Mae Uniform Instnunent ARM SI'ANDARD RIDER (08-21-96)ARMSTR Form 3182 5/94 (page 1 of 4 pages) ,� i, .. � .. .Y.,