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<br /> BALLOON RIDER 0004715615
<br /> (CONDITIONAL MODIFICATION AND EXTENSION OF LOAN TERMS)
<br /> THIS BALLOON RIDER is made on this ��st.day of APRIL, 1998,,,,,,,,,,,,,,,,,,,,,,,,,,and is mcorporated
<br /> into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed
<br /> (the "Security Instrument'') of the same date given by the undersigned (the "Bonower') to secure
<br /> Borrower's Note to .,,NORVVEST MORTGAGE INC.
<br /> ........ .......... .... .................. ... . . . ........ .. . ..................... .
<br /> .... . .... .... ..... ....... ..... . .... . . .....
<br /> (the "Lender') of the same date and coverin the property described in the Security Instrument and
<br /> located at: 717 STAGE COACH ROA�
<br /> ..........................................................................................................................................................
<br /> GRAND ISLAND, NE 68801
<br /> .............................................................................................................................................................................
<br /> (Property Address)
<br /> The interest rate stated on the Note is called the "Note Rate." The date of the Note is called the
<br /> "Note Date." I understand the Lender may transfer the Note, Security Instrument and this Rider.
<br /> The Lender or anyone who takes the Note, the Security Instrument and this Rider by transfer and
<br /> who is entitled to receive payments under the Note is called the "Note Holder."
<br /> ADDITIONAL COVENANTS. In addition to the covenants and agreements in the Security
<br /> Instrument, Borrower and Lender further covenant and agree as follows (despite anything to the
<br /> contrary contained in the Security Instrument or the Note):
<br /> 1. Conditional Modification and Extension of Loan Terms. At the maturity date of the Note and
<br /> Security Instrument (the "Maturity Date"), I will be able to extend the Maturity Date to
<br /> .,May„1,.2028,,,,,,,,,,,,,,,,,,,,,,,,, and modify the Note Rate to the "Modified Note Rate" determined in
<br /> accordance with Section 3 below if all the conditions provided in Section 2 and 5 below are met (the
<br /> "Conditional Modification and Extension Option"). If those conditions are not met, I understand that
<br /> the Note Holder is under no obligation to refmance or modify the Note, or to extend the Maturity
<br /> Date, and that I will have to repay the Note from my own resources or fmd a lender willing to lend
<br /> me the money to repay the Note.
<br /> Substantially Similar to MULTISTA7E BALLOON RIDER Form 3160 07/89(Page 1 oi 3)
<br /> Single Family-FNMA Unitorm Instrument EC062L Rev. 01/15/97
<br />
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