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2� 1 ��8797 <br /> R�habilitati�n Loan Ri��r <br /> � . FHA Case No. <br /> 3�1�35235�7-7�2 <br /> THIS REHABILITAT��N LQAN RIDER is made an December 22,2�15, and is incorpvrated into and <br /> shall be deemed ta amend and supplement the 1Vlo�tgage,Deed�f�'rust or S'eeurity Deed�"Security <br /> Instrum�nt"}of the same date gi�en by�he und�rsigned�"BorroweY"�to secure B orrov�er's Note <br /> �"No�e"�to�?Ve11s Fargo Bank,N.A. �r`�ender"�of the same da�e and co�ering the Property described <br /> in the Security Instrument an�i lo�ated at: <br /> 6��'L�V 11TH ST, �RAND ISLAND,NE 6884I-3739 <br /> jPro�e�ty�4dd�ess] <br /> Additional Cor►enants. In addition to the ca�enants and agreemen�s in the 5�curit��ns�rument, <br /> BorrovW�r and Lender further cv�enant and agree as follov�s: <br /> 1.Loan proceeds are to be advanced far the premises in accordance vWith the Rehcrbilitation <br /> Loar�14gYeement dated D�cember 22,2�16,between Borrower and Lender. This agreement is <br /> incarp�rated by reference and made a par�of this Securit�Instrument.No advances sha1�be made <br /> unless appra�ed�y the 5ecr�tary of Hvusing and Ur�an Develapment or a Direct Endorsement <br /> Underwriter. <br /> 2.If the rehabilitation is not praperly completed,p�rformed vWith reasanable diligence,�r is <br /> discontinued at any time except for strikes or lockouts,the Lender is vested v�ith full au�hority <br /> t�take the necessary steps to pratect the rehabilitation impravements and property from harm, <br /> continue existing cantracts or enter into necessary con�racts to�omp�ete the rehabilitation.AlI <br /> sums expended for such protection, ex�lusive�f the advan�e�of�he principal indebtedness, shali � <br /> be added to the principal indebtedness, and secured by the Security Ins�rument and be due and <br /> payable on demand v�ith interest as set out in�he N�te. <br /> 3.If Borro�er fails tv perform any obligatian under the loan, including the commencement,progress <br /> and c�rnpleti�n provisions af the Rehabirita�ion�oan�gr�ement, and such failure continues for a <br /> periad of 3�days,the loan sha�I, at the option af Lender,be in defaul�. <br /> 4.The Property cv�ered by this Security Ins�rument shall�nclude all of Borrov�er's interest in funds <br /> held by Lender in escrow under the Rehabili�a�ion Loa��4greement. <br /> HCF�-�o8�� �4�8825G�62'I 3 <br /> FHA Multistate Rehabilitatian Laan Rider 491301�a14 <br /> VMP� ' a412�15 <br /> Wolters Kluwer Financiai Servicss 201612�995.3.2.35a9-J�0"Ifi0721Y Pags'i af 2 <br />