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2001004.19 <br />MORTGAGE INSURAtiCE RIDER <br />Tha %lorga_- } nsurance Rider <br />is made this 27th <br />day of December 2000 . and is <br />incorporated into and shall be deemed to amend and suppiement the mortgage, deed of:rust, or <br />securir, deed (the'`Securitt• Instrument') of the same date given by the undersigned ('Borro�yer ") <br />to secure Borrowers f ixed rate note <br />tixed rate] note (the " ote ") to Five Points Bank [ldentif< ripe of note. e.g. <br />same date and covering the propem described in :he Security Instrument �andrlocated <br />at: 812 W. 9th Street, Grand Island Nebraska 68801 <br />r <br />I prope-r, .-address]. <br />The SeCLritN Instrument is amended b% adding the foil, �� ing at the end of Section ; U i if the <br />Security Instrument has a --Orm date at the lo��re right cor er of : "99 or later) or Section S if the <br />Securit% instrument has a ;r,n date at the log%err fight coriser that is earlier than _33. 99): <br />`lorgage Insurance reimburses Lends � Oran en:; <br />•,� • ghat purchases the ) for certain <br />losses it may incur if Be1-o" er does not repay the Loan as agreed. Borrower is not a yam <br />to the.\ Iorgage Insurance. <br />.Mortgage insurers e%aivate theirtot<} risk on all such insurance in force from t},te [Cl time. <br />and may enter into agreements with ot}:er parses :!;at share or modin their risk. cr reduce <br />losses. These agreements are on terms and condi :ions that are satisfactor, to the rncrgage <br />II'Surer and the Other pan' (or arties t, P ) o these reements. These agreemes tai re- <br />quire the mer2sge insurer to take pay tents usirl2 an% source of funds nt that the Ier_a2e <br />insurermay ha%eavai!abie .�hichmay include ` <br />premiums). <br />s obtained from �torgage Insurance <br />As a ,,-suit ofthese agreements. Lender, any purchaser of the Vote. another insurer. any <br />reinsurer, an, other entil , or an% affiliate ofany o the foregoing, may receive (directly or <br />indirectly) amounts that derive from (or might be characterized as) a portion of Borro%� er's <br />payments for ylongage Insurance, in exchange for sharing or modifying the mortgage <br />insurer's risk. or reducing losses. If such agreement provides that an affiliate of Lender <br />sakes a share of the insurers risk in exchange a share Of" the premiums pa :c the <br />insurer. :he armn2tMent is ore t <br />,� ewe,. .aptlye r_.nsLrance. 'Further. <br />Multistate \lortea_e Insurance Ride - ;�_: �^,;,_ <br />-�� Fannie \Iir Cnitorm Instrument Form 3160 4.00 <br />