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. "�eP�. ��,�/', •�Vyf -Y . ' +NR!�'f� .. � . ' - . . � •�.�rr .. 5' . ,. ... ._ .., . . � � ' . .•.•'>.' , .�:..�:.�,y.�!';�__�- • _...4S�j{;... . ..r„ - �rf L,� �tl�'+�r�°,"-�. " :� � . .. , ! 97""� 106`�`�9 � - � � .. . BfI1kAlIN�ICS COM�TRUCTION LOAN RIDER TO �-:�' BankArnerica Housfng Service� TM�SECURITY INSTRUM�N7 *=::� A Divlelon of Bank of America, FSB (MANUFACTURED HQUSINR UNITS) ..;ti_.:�_� ' TO BE RECORDEO WITHTHE SECURITY IMSTRUM�NT _ � LENDER: BANKAMERICA HOUSING SERVICES, R DIVISZON OF BANK OF AMEP.ICA, FSB tid;:�� °r.: � BORROWER:J1�1M�S E. THORNTON '"�`'�� , ;,:y�' PAULINE THORNTON PFiOPERTY: 431 CHERaKEE AVE ,:•��== � GR11ND ISLAND, NE 6 8 80 3 f;__- �Y LOAN NUMFlER:76 06602 _' � TH13 CONSTRUCTION LOAN RIDER Is incorporated into and shall be deemed to amend and supplement the .,�j�, the "Securi ,i•.: Mottgage, Deed of Trust and 5ecurf�► Deed, and any and all riders or amendments thereto, ( tY _�. Instrument")ot the same date given hy the undersigned (the'Borrower")to secure Borrower's obligatlons under � -= � the Note,Diaclosure and Security Agrenment of the eame drate to Lender and aecured by the Property described ;. - - - - - ii�2tio S..°L'=lrEr,�!!?S��t�w�+t{"PrOPerty")• _ - � �;; � AMENDED ANQ ADOITIONAL COVENANTS.In addition to the covenants and agreemente made in the Security = ' Instrumen�9or►ower and Lender turther covenant and agree as follows: 1. Ayr�emeM. For the purposee of the Securiiy Instrument and this Constructian Loan Ridar, all rsferences to =_ g��ggeementt Wafver of Trial by Jury end AgreeumenA orArbitration or Reference o NTrial by Judgo Alone v of even dat�("Agreement")• - � 2, ConstrucNan Lo�n AyrGen+eM.The prindpal amount of the Agreeme�twhich Borrower promisea to pay is __ ' the lesser of(1)the Unpaid Balance sta►ted in the Itemization of Amount Financed sectfon of the Agreement,or _ ':,� .,";. . — �., �, �.� (2) the aggregate amount advancsd by the Lender under the Construction Loan Agreement sxecuted on the _ ' same date as the Agreement Borrawer agrees to comply with the covenents and conditione of the Agreement _ .� and the Conatruction Loan Agreement between Borrower and Lender, which is incorporated herein by thfs - referenoe and mads a part ot this Security inetrument. The Construction Loan Agreement provides for the � " conaVuctlbn of certaln improvements ('Improvements") on the Property. All advances made by Lende� �_ pursuant to the Agreement or the Construotion Loan Agreement shall be an indebtedness ot Bor�ower secured - ._ by this Security Instrument as amended, and such advances may be obligatory under the terms ot the _ y" Agreament or the Constructlon Loan Agreement. The Security Instrument aecures the payment of all sums �_ '� and the performance of all covenants required by the Lender in the Agreement and the Constructfon Loan = - Agrsement.Upon the faflure ot Borrower to keep and perform ail the covenants,conditions and agreements of = ' the Agreement and the Construction Loan Agreement, the principal sum and all Interest and other charges _ • provided for In the losn documents and secured hereby shall, at the option of the Lender, become due and `,--- payable. �°�=- _ 3. Disburaements to Protect Securlty. AII sums disbursed by Lender prior to completion of the Improvements r:�^�=- � . to protect the socurity of this Securiry Instrument, up to the principal amount of the Agreement and any future �,_;.____ � advances, shall be treated as disbursements pursuant to the Conatruction Loan Agreement. Ali such sums -• +. shall hear interest from the date of disbursement at the rate sicatRb 81 awhei�Which eve�nt sI ch mounits shall :r�f frcm Borrower of interest at such rete would be contrary to app . � bear interest at the highest rate which may be collected from Borrower under applicable latnr and shali be � , • ,. • �i _ — iy �- //Y'/ '_- , --- t �f, t• /. �� PA4EIOF3 [ '_'.-..... �� r,susosoows� � 4 I .. . . . . . .. ' � . . .. .. _ __ .. . -