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�Q�2Q7��� <br />CONSTRUCTION LOAN RIDER TO SECURITY INSTRUMENT <br />(INCLUDING SECURITY AGREEMEN'1� <br />(To Be Recorded With The Security Instrument) <br />LENDER: Ezchange Bank <br />BORROWER: Gerald P Carkosld <br />Suzanne R Carkosld <br />PROPERTI': 5181 S Engleman Rd <br />Grand Island, NEBRASKA 68801 <br />THIS CONSTRUCTION LOAN RIDER TO SECURITY INSTRiJMENT (the "Rider") shall be deeme� to amend <br />and supplement the Mortgage, Open-End Mortgage, Deed of Trust, Credit Line Deed of Trust, and any and all riders or <br />amendments thereto (the "Security Instrument") of the same da.te, to wluch this Rider is attached, given by the <br />undersigned (the `Borrower") to secure Borrower's Promissory Note to Lender of the same date (the "Note") and <br />covering the properiy (the "Property") described in this S�urity Instrument. All terms defined in the Note and <br />elsewhere in this Security Instrument sha11 have the same meaning itt this Rider. <br />AMENDED AND ADDITIONAL COVFNANTS. In addition to the covenants and agreements made in this <br />Security Instrument; Borrower and Lender further covenant and agree as follows: <br />1. Construction Loan Agreemen� Borrower's Note evidences Borrower's promise to pay Lender the <br />aggregate amount of a11 advances made and distributed by Lender under the terms and conditions of a <br />Construcrion Loan Agreement between Lender and Borrower dated the same da.te as the Note (the "Loan <br />AgreemenY'). The Loan Agreement provides for construction of certain improvements (the "Improvements") <br />on the Properiy. Borrower agrees to comply with the covenants and conditions of the Loan Agreement. This <br />Security Instrument secures to Lender (a) the repayment of the debt evidenced by the Note, including the <br />aggregate amount of all advances made by Lender from time to dme under the terms of the Loan Agreement, <br />with interest at the Construction Phase Note Rate, and a11 Tenewals, extensions, and modifications of the Note, <br />(b) the performance of a11 of Borrower's covenants and agreements under the Note, this Security Instrument, <br />and the Loan Agreement (the "Loan Documents"), and (c) the payment of all other sums, with interest at the <br />Note Rate, advanced by Lender to protect the security of this Security Instrument, or to perform any of <br />MULTISTATE CONSTRUCCION LOAN RIDER TO SECURITY INSTRUMENT - Single Family - Fannie Mae Form 373711/01 <br />�Qge� BorroweKs) Infialg� <br />