Cut the bread into 1 inch slices. Place slices on a large baking sheet.
In a bowl, combine butter, oil, garlic, and seasonings. Spread one side of each piece of bread with butter mixture. Broil for 5 minutes or until golden brown, checking often.
Top with cheese and return to broiler for 2-3 minutes, or until cheese has melted.
Add juice from half of the lime and rice, fry while stirring for 1-2 minutes.
Add water and bring to a boil.
Reduce heat, cover, and cook until water is fully absorbed.
Add juice from the other half of lime and more water if needed. Carefully stir and fluff the rice.
Add cilantro as desired and served warm.