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200000459
<br /> PREPAYMENT RIDER 5118887MEX
<br /> THIS PREPAYMENT RIDER is made this ...Zth........ day of ..JANUARY 2000
<br /> ....... ................ .
<br /> and is incorporated into and shall be deemed to amend and supplement the Mortgage,
<br /> Deed of Trust or Security Deed (the "Security InstrumenY') of the same date given by the
<br /> undersigned (the "Borrower") to secure Borrower's Note to ................................................
<br /> ,,,,,,,,,,,,,,,,,,,,,,, IVORWES;f,MORTGAGE INC. DBA DIRECTORS,ACCEPTANCE
<br /> .................................... ...................................
<br /> of the same date and covering the Property described in the Security Instrument and
<br /> located at: .4042,ROTH ROAD GRAND ISLAND NE 68803
<br /> .................�............................;...............................................................
<br /> (Property Address)
<br /> PREPAYMENT COVENANTS. In addition to the covenants and agreements
<br /> made in the Security Instrument, Borrower and Lender further covenant and agree as
<br /> follows:
<br /> I have the right to make payments of principal at any time before they are due.
<br /> A prepayment of all of the unpaid principal is known as a "full prepayment." A
<br /> prepayment of only part of the unpaid principal is known as a "partial prepayment."
<br /> Except as provided below, I may make a full prepayment or a partial
<br /> prepayment at any tirne without paying any penalty. However, if within the first
<br /> ,thrge,,, („3„� year(s) after the execution of the Security Instrument I make full
<br /> prepayment, I will pay a prepayment charge in an amount equal to the payment of six
<br /> (6) months' advance interest, at the interest rate provided for under the Note, on the
<br /> amount prepaid which is in excess of twenty percent (20%) of the original principal
<br /> amount.
<br /> Subprime Prepayment(1-5 yrs) Rfder
<br /> Parity Act-AK, AL,AR,CA,CO,CT, DE, DC, FL,GA, HI,
<br /> ID, IL, IN, IA, KS, KY, LA, MD, MS, MO, MT, NE, NV, NH,
<br /> NJ, NM, NC, ND,OK, PA, RI, SD,TN, UT,VT,WA,WY
<br /> (Page 1 of 2)
<br /> EC200L Rev. 07i28i99
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