This file is indexed.

/usr/sbin/update-motd is in update-motd 3.6-0ubuntu1.

This file is owned by root:root, with mode 0o755.

The actual contents of the file can be viewed below.

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#!/bin/sh
#
#    update-motd - update the dynamic MOTD immediately
#
#    Copyright (C) 2008-2014 Dustin Kirkland <dustin.kirkland@gmail.com>
#
#    Authors: Dustin Kirkland <dustin.kirkland@gmail.com>
#
#    This program is free software: you can redistribute it and/or modify
#    it under the terms of the GNU General Public License as published by
#    the Free Software Foundation, version 3 of the License.
#
#    This program is distributed in the hope that it will be useful,
#    but WITHOUT ANY WARRANTY; without even the implied warranty of
#    MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
#    GNU General Public License for more details.
#
#    You should have received a copy of the GNU General Public License
#    along with this program.  If not, see <http://www.gnu.org/licenses/>.

set -e

if ! touch /var/run/motd.new 2>/dev/null; then
	echo "ERROR: Permission denied, try:" 1>&2
	echo "  sudo $0" 1>&2
	exit 1
fi

if run-parts --lsbsysinit /etc/update-motd.d > /var/run/motd.new; then
	if mv -f /var/run/motd.new /var/run/motd; then
		cat /var/run/motd
		exit 0
	else
		echo "ERROR: could not install new MOTD" 1>&2
		exit 1
	fi
fi
echo "ERROR: could not generate new MOTD" 1>&2
exit 2