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RECORDING REQUESTED BY, AND WHEN RECORDED MAIL TO: COLLATERAL CONTROL CALIFORNIA PLAZA 2, 350 SOUTH GRAND AVE., 42ND FLOOR LOS ANGELES, CALIFORNIA 90071 Loan No.: NE 0114 7 3 Application No.: 9660674 200003241 (Space above this line for Recorder's use) ASSUMPTION RIDER NOTICE: THIS LOAN IS NOT ASSUMABLE WITHOUT THE LENDER'S PRIOR APPROVAL. THIS ASSUMPTION RIDER (the "Assumption Rider ") is made this 20th day of APRIL 2000 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (the "Security Instrument ") of the same date given by JAMES R. BIXENMANN, CATHERINE A. BIXENMANN ( "Borrower "), in favor of AAMES FUNDING CORPORATION, A CALIFORNIA CORPORATION, DBA AAMES HOME LOAN ( "Lender "), to secure repayment of that certain promissory note (the "Note ") of the same date executed by Borrower in favor of Lender and covering the property described in the Security Instrument and located at: 710 SOUTH KIMBALL STREET, GRAND ISLAND, NEBRASKA 68801 [Property Address] To the extent that the provisions of this Assumption Rider are inconsistent with the provisions of the Security Instrument, the provisions of this Assumption Rider shall prevail over and shall supersede any such inconsistent provisions of the Security Instrument. Capitalized terms used herein and not otherwise defined herein shall have the meanings specified in the Security Instrument. ADDITIONAL COVENANTS. For value received, the receipt and sufficiency of which are hereby acknowledged, Borrower and Lender, in addition to the covenants and agreements made in the Security Instrument, further covenant and agree as follows: ASSUMPTION. Notwithstanding anything in the Security Instrument to the contrary, Lender shall permit the one -time assumption of all of Borrower's liabilities and obligations under the Security Instrument, the Note and all of the other Loan Documents in connection with Borrower's sale or other transfer of the Property to a purchaser or other transferee (the "Transferee "), subject to the fulfillment of each of the following conditions: (a) Borrower is not in default under the terns of the Security Instrument, the Note or any of the other Loan Documents at the time of the assumption; ASSUMPTION RIDER Document Systems, Inc. (800) 649 -1362 ASSRDRI.OS Page 1 of 2 Borrower Initials