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06/21/99 MON 12:34 FAX 704 679 4500 EQUIFIRST 11017 <br />00 106486 <br />Prepayment Penalty Rider to Security Instrument <br />(To Be Recorded Together with Security instrument) RE'f?i,l <br />200002729 <br />This PREPAYMENT PENAL'T'Y RIDER (the "Rider ") is made this 21st day of June _ 1999 <br />and amends the Mortgage, Deed of Trust or Security Decd ('the "Security Instrument ") dated the same date and given <br />by the person(s) who sign below (the "Borrower(s) ") to EquiFirst Corporation (the "Lender") to secure <br />rcpayrttcnt of a Note in the amount of U,S $ .. 80,750 <br />In addition to the Agreements and provisions made in the Note and the Security Instrument, both the Borrower(s) and <br />and the Lcndcr further agree as follows: <br />PREPAYMENT PENALTY <br />IF I PREPAY THIS LOAN IN FULL WITHIN 3 YEAR(S) FROM TI I DATE OF THIS LOAN, I <br />AGREE TO PAY A PREPAYMENT PENALTY TO THE NOTE HOLDER. THE AMOUNT OF THE PREPAYMENT <br />PK'NAIA'Y WILL BE THE AMOUNT EQUAL TO SIX (6) MONTHS INTEREST AT THE INTEREST <br />RATE SHOWN IN SECTION 2 OF THIS NOTE ON THE UNPAID PRINCIPAL BALANCE OF THE LOAN <br />OUTSTANDING ON THE DATE OF PREPAYMENT. THIS AMOUNT WILL BE IN ADDITION TO ANY <br />OTHER AMOUNTS I MAY OWE UNDER THE PROVISIONS OF THIS NOTE OR THE SFCURI'rY <br />INSTRUMENT THAT SECURES THIS NOTE. IF I MAKE T11F. PRIsPAYMI,N'r IN FULL ON OR AFTER THE <br />1"PiRD ANNIVERSARY OF THE DATE OF THIS NOTE, THE NOTE HOLDER WILL IMPOSE NO PREPAYMENT <br />PENALTY, <br />/ i <br />Larry J. I✓ � on, r. <br />Debra R. Erickson <br />Norlax <br />Witni <br />Witnc <br />witness <br />Witness <br />RCriukd! 05dMM -99 <br />Ell <br />