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200103932 EXHIBIT B MODIFICATIONS TO INSTRUMENT The following modifications are made to the text of the Instrument that precedes this Exhibit: 1. Section 21(b) is modified to delete the period at the end of Section 21(b)(6) and substitute "; and" therefor and to add a new Section 21(b)(7): "(7) a Transfer of ownership interests held by the Key Principal or the original limited partners in Borrower as of the date of the Instrument ( "Original Partners "), or in any other entity which owns, directly or indirectly through one or more intermediate entities, an ownership interest in Borrower, to (1) other Key Principals or Original Partners; (ii) non -minor immediate family members; or (iii) trusts established for the benefit of the transferor and/or immediate family members; provided, however, that (A) such Transfer of ownership interests will not cause a change in the management and control of Borrower (or other intermediate entity) except to the extent that an Original Partner becomes a general partner, and after which Transfer, Key Principal or such Original Partner shall maintain the same right and ability to manage and control Borrower (or other intermediate entity) as existed in Key Principal or such Original Partner prior to the Transfer and (B) Lender shall be provided with written notice of all such Transfers permitted under this Section 21(b)(7) no later than 5 days after the date of the Transfer." 2. All capitalized terms used in this Exhibit not specifically defined herein shall have the meanings set forth in the text of the Instrument that precedes this Exhibit. BORROWER'S INITIALS 01- 327514. 01 FANNIE MAE MULTIFAMILY SECURITY INSTRUMENT - Form 4028 4/98 Page B -1 NEBRASKA