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201202246
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201202246
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Last modified
6/5/2012 4:28:50 PM
Creation date
3/26/2012 9:38:04 AM
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DEEDS
Inst Number
201202246
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�fl12022 <br />BALLOON RIDER <br />THIS BALLOON RIDER is made this 22nd day of March, 2012, and is incorporated into and sha11 <br />be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (the "Security <br />Instrument") of the same date given by the undersigned ("Borrower") to secure Borrower's Note to <br />Exchange Bank ("Lender") of the same date and covering the property described in the Security Instrument <br />and located at: <br />516 S Monroe St <br />Grand Island, NEBRASKA 68801 <br />(Properiy 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 Lender may transfer the Note, Security Instrument and this Rider. The Lender or <br />anyone who ta.kes the Note, the Security Instrument and this Rider by tc�ansfer and who is entitled to receive <br />payments under the Note is called the "Note Holder." <br />ADDTI'IONAL COVENANTS. In addition to the covenants and agreements in the Security <br />Instrument, Bonower and Lender further covenant and agree as follows (despite anything to the contrary <br />contained in the Security InstYVment or the Note): <br />THIS LOAN IS PAYABLE IN FULL AT MATURITY. YOU MUST REPAY THE ENTIRE <br />PRINCIPAL BALANCE OF THE LOAN AND UNPAID INTEREST THEN DUE. THE LENDER <br />IS UNDER NO OBLIGATION TO REFINANCE THE LOAN AT THAT TIME. YOU WILL, <br />THEREFORE, BE REQUIRED TO MAKE PAYMENT OUT OF OTHER ASSETS THAT YOU <br />MAY OWN, OR YOU WII�L HAVE TO FIND A LENDER, WHICH MAY BE THE LENDER <br />YOU HAVE THIS LOAN WITH, WILLING TO LEND YOU THE MONEY. IF YOU <br />REFINANCE THIS LOAN AT MATURITY, YOU MAY HAVE TO PAY SOME OR ALL OF <br />THE CLOSING COSTS NORMALLY ASSOCIATED WITH A NEW LOAN EVEN IF YOU <br />OBTAIN REFINANCING FROM THE SAME LENDER <br />BY SIGNING BELOW, Borrower accepts and agees to the terms and covenants contaiued in this <br />Balloon Rider. <br />�O.S�C� � �.G'��Q�" D SSea11 <br />Jose E Mellado -Borrower <br />e' /A�� c• �2 ��Clc� (Sea1) <br />Mabel C Mellado -Borrower <br />(Sign Original Only) <br />MULTISTATE BALLOON RIDER <br />IDS, Inc. <br />
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