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200107892 Corrected BALLOON RIDER (CONDITIONAL MODIFICATION AND EXTENSION OF LOAN T.U, F.W THIS BALLM%; Ramm is made this 1 s t �, of August �� and is iacorpotmd into and shall be deemed m amend sod a ffkmol the Mortgage, Deed of Trust; or Deed to Serum: Debt (the "Security Instr� of the same date given by the undersigned (tiro Sma. el to sector die BOet+owa's Note to Rank ,f D o n i D h a n (the 1ADdW) of the same date and covering the property desalted in the Security Instrument and leeamd at 3104 Kennedy Way, Grand Island, NE 6880 (Prvpesty Address) The mtc= i'atE sCdt ed on the Note )s Called dc "\rte Rate." The date of the NOW >s Called the "Note Date." I undastsnd the L Kkr may transfer the Nar, Security IastroroMt and this Rids The Lender or zV one who talws the Note, the Security bts utneot and this Rider by Uansft and who is catided to xeceive paymeats under rite Now is called the `Note Holder:,, AMMOvA,L COVENANTS. In adehhoe to the covemm and agt==rrs in the Seauity Insaurttatt, Borrower and Lender fmd= coven=t and agree as follows (despite anydnag m er eaoazy conmvud M the Seettrity bstrt nm= or the Note): L CONDTIZONAL MODIFICATION A-.No ER7E MON OF LOAN TERMS At the merargy date of the Note and Seeunty I ( the `Note Maturity Datj I will be able to extend the Note Mauaity Date to A u g u s t L,--2 0 1 1 (the 'Ttteaded Mattaity Date'l and modify the Note Rate to tize "Modified Note Rate" demo m amordance with Seexion 3 below if all the con&tionLs prOldod in Sections 2 and 5 below are met ( the Txroditiooal Nodisrdtion and Ev emion Option"). If those aonthas are ant Met I uademcad that the Note Holder is under to obligation to refinance the Note or to modify the Note, regot the Note Race or expend the Note Maturity Dat and that I will have to May the Noon from my own resources or find a larder willing to lend sne rite luny to repay the Noes 2. COMMONS TO OPTION If I want to earercm the Condiconal Modification and Exu=m n Option, oermm cwAnons must be met as of the Note Mmuctry Date. These conditions arm (a) I move still be the owner and ocurant of the property subject to the Security bgew of (the Txo xW)', (b) I mut be cu r= in my montbly payments and c=wt have been more dwa 30 days We on any oftbe 12 =h9d1r1odmorahlypryrn = vrrMdW*pteoO&gd c Note,y =itl,Date; (c) dime are no liettc, dcfccts, or er CUMbtanCCI agwast the Property, or other adverse raamera affoaiag title m the Property (except for nixes and special assessatttass trot yet duc and payable) arising mars the Seaa+ty btstxumeae was recorded; (d) the ModifiedNooe Rate cannot be more than 5 paeentagc points abavt the Now Rate; and (e) I must make a wdm m request to the Note Holder as ptoeided m Section. 5 below 3. CALCULATM G THE MODIFIED NOTE RAZE T'he Modiftod Note Rate will be a fntod ram of' st equal to the Federal Home Loan Mortgage Corporation's rerp red net yield for 30-yew foucd rate mm %ages sobje d to a &Wy m2ndmory defivary conmitrocnit, plat ane -half of one per (030AI rounded to the nearest on"iAth of oar pasart (0.1250 %) ( the `Modified Note Rate'). Mw required as yield sbath be the applicable net yield in effect on the date asd time of daytbat I notify the Now Holder of my election to e MMW the CaOditional Modification. and Extension Option VOtis rixlufrcd net yield is not available, the Note Holder well deonmirte the Modified Note Rats: byusing comparable inin— on. d. CALCUI.AMNG THE NEW PAY.MMAMOUNT Provided the MoMed Now Rate as cakulated in Section 3 above is not g a than 5 perem age ponts above the Note Rate and all othe cote ons regmred M Section 2 above arc amtisfred, the Note Holder will determine the amount of rate monthly payment that will be sufficient to repay m hill (a) lice unpaid primcipal, phas (b) accrued btu unpaid mtarst, plus (C) all other MM I will owe under the Now and Security Iasa tnent on the Note M dur&f Date (assn ning orb mondtty paYmcrtty then arc mmit, as tegwnd under Sumer 2 abovee over the tratninmg extended term at the Modified Nose Rate m equal monthly payments. The MR* of this eakuhum will be the new amotmt of my principal and ina;rest paynxrot evaymoxuh imttl the Note is IzUy paid. MMTWATE IALLOOK R)DB[A (MMiatmos and L,umvs)..iieare Fawl} -C,dme Mos VNtFOR1M 1tVyMUMLNT toes 3 IN vol (pyre' q/s pal