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201206876
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201206876
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Last modified
9/10/2012 2:53:43 PM
Creation date
8/21/2012 8:52:44 AM
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DEEDS
Inst Number
201206876
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2o�2os��� <br />BALLOON RIDER <br />THIS BALLOON RIDER is made this 8th day of August, 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 ("Borrowe�") to secure Borrower's Note to <br />Exchange Bank ("Lender") of the same date and covering the properiy described in the Security Insinunent <br />and located at: <br />4215 Arizona Ave <br />Grand Island, NEBRASKA 68803 <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 Lender may tcansfer the Note, Security Instrument and this Rider. The Lender or <br />anyone who takes the Note, the Security Instrument and this Rider by hansfer and who is entitled to receive <br />payments under the Note is called the "Note Holder." � <br />ADDITIONAL COVENANTS. In addition to the covenants and agneements in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows (despite anything to the contr�ty <br />contained in the Security Instrument or the Note): <br />1"HIS LOAN IS PAYABLE IN FULL AT MATURITY. YOU MUST REPAY THE <br />ENTIRE PRINCIPAL BALANCE OF THE LOAN AND UNPAID INTEREST THEN DUE. THE <br />LENDER IS UNDER NO OBLIGATION TO REFINANCE THE LOAN AT THAT TIlVIE. YOU <br />WII.L, THEREFORE, BE REQUIRED TO MAKE PAYMENT OUT OF OTHER ASSETS THAT <br />YOU MAY OWN, OR YOU WILL HAVE TO FIND A LENDER, WHICH MAY BE THE <br />LENDER YOU HAVE THIS LOAN WITH, WII,LING TO LEND YOU THE MONEY. IF YOU <br />REFINANCE 1'HIS 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 SIGNII�TG BELOW, Borrower accepts and agrees to the terms and covenants contained in this <br />Balloon Rider. <br />� s� ��G�� ����'"� S�.l <br />Lucas L owrey -Borrower Nicole L Mowrey -Borrower <br />(Sign Original Only) <br />MULTISTATE BALLOON RIDER <br />Page 1 of 1 <br />ios, u�. <br />
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