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8258466 <br />RLNR -3493 <br />20000'7494 <br />REHABILITATION LOAN RIDER <br />FHA Case No. <br />321 - 2079613 702 <br />THIS REHABILITATION LOAN RIDER is made this 8TH day of SEPTEMBER , <br />2000 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, <br />Deed of Trust or Security Deed ( "Security Instrument ") of the same date given by the undersigned <br />( "Borrower ") to secure Borrower's Note ( "Note ") to WELLS FARGO HOME MORTGAGE, INC. <br />( "Lender ") of the same date and covering the Property described in the Security Instrument and located at: <br />310 CHEROKEE AVENUE, OAMO ISLAND, NE 68803 <br />GRAND <br />[Property Address] <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows: <br />A. Loan proceeds are to be advanced for the premises in accordance with the Rehabilitation Loan <br />Agreement dated September 8, 2000 , between Borrower and Lender. This <br />agreement is incorporated by reference and made a part of this Security Instrument. No advances <br />shall be made unless approved by the Secretary of Housing and Urban Development or a Direct <br />Endorsement Underwriter. <br />B. If the rehabilitation is not properly completed, performed with reasonable diligence, or is <br />discontinued at any time except for strikes or lockouts, the Lender is vested with full authority <br />to take the necessary steps to protect the rehabilitation improvements and property from harm, <br />continue existing contracts or enter into necessary contracts to complete the rehabilitation. All <br />FHA Multistate Rehabilitation Loan Rider - 10/95 <br />(M-5881) (9705) <br />Page 1 of 2 Ini *IIs- <br />VMP MORTGAGE FORMS - (13001521 -7291 <br />