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FHA Multistate Rehab1 nation Loan Rider -10/95 <br />Clit (9705) <br />Page 1 of 2 Initials. <br />VMP MORTGAGE FORMS - (800)821-7291 <br />REHABILITATION LOAN RIDER <br />THIS REHABILITATION LOAN RIDER is made this 18TH day of JULY <br />2014 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, <br />Deed of Trust or Security Deed ( "Security Instrument ") of the same date given by the undersigned <br />( "Borrower ") to secure Borrower's Note ( "Note ") to HOMESERVICES LENDING, LLC <br />( "Lender ") of the same date and covering the Property described in the Security Instrument and located at: <br />2508 W PHOENIX AVE, GRAND ISLAND, NE 68803 <br />[Property Address] <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows: <br />A. Loan proceeds are to be advanced for the premises in accordance with the Rehabilitation Loan <br />Agreement dated .\ �\ 1 (% I d .. , between Borrower and Lender. This <br />agreement is incorporated oN reference and made a part of this Security Instrument. No advances <br />shall be made unless approved by the Secretary of Housing and Urban Development or a Direct <br />Endorsement Underwriter. <br />B. If the rehabilitation is not properly completed, performed with reasonable diligence, or is <br />discontinued at any time except for strikes or lockouts, the Lender is vested with full authority <br />to take the necessary steps to protect the rehabilitation improvements and property from harm, <br />continue existing contracts or enter into necessary contracts to complete the rehabilitation. All <br />NI <br />111 <br />201404458 <br />FHA case No. <br />321 - 3323636 702 <br />