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200108271 corrected BALLOON RIDER (CONDITIONAL MODIFICATION AND EXTENSION OF LOAN TE&MS) THIS BALLOON RIDFR is mo& this 26 day of J U 1 y 2001 iaoQporawd into and sW be leaned to ammd and and u D of the s B date ' ea r the Mortgage Deed of Tnsst or Deed to 5 Debt (the " Seartyy, oniphan, o �' {�� 'a Note to Ban of D oonn, ii D11 `ovennS tM per, dc�bed in the Security bIstrtment and located 604 Linden, Grand Island, NE 68801 II't'opeslY Address] The in:cxc A race stated on the Noce is taikd the 'Note Rate." The dace of the Now is called. the `Note Date." I tmdt=staad the Lender may tzass£cr the Nacre, Security Itssautnont and this Rider. The Lender or mWom who W= tht: Note, the Secvcity Insatttzm and this Rider by traasftx and who is coiled to re=ve payrnem under the Nude is called the "Note hotdR ,. 1111L COVENAII I In addmm to the oovw= and agicoanr = in the Socueity Izsaulltetu, Borrower and Leader fittha wvaImtqd agree as foflows (deVite WA Mg to the CMftW conuwted m the Security Im� or the Note)_ L CONDMONAL MODMCAMN AND EX71MON OF LOAN TERMS At the Matimity date of the Note and Security I ( the "Nome Maturity Imo'), I win be able to extend the Noce Maoaity Dmc to _ 08/01 2031 (the 'Txtmded maturity Dew, and modify the Noce Rate to rise `Modified Note Rabe" dg=mzzd is =Or&= with Section 3 below if all the cmditioas provided in Sccd= 2 and 5 below are met ( the -Condjitionalx1odificatton and Extension Option.). If thow editions are TO user I undCMmd that the Now Holder is under to obligation to rsfinance the Note or to modify the Note, asset the Note Rine or msend the Note Maturity Date, and that I will have to repay tlsc Notc from my own resources or fund a Ictxkr wilting to land am the money to r cM*c Note. 2. COMMONS Y6 OPTION If I waot to Cm== the Conditional Modiireapm and Emmm Opwa, o,Um orm imm tsxnst be am as of the Nose Mamrity Date Them c0r40oas nee; (a) I mast AM be the own and occur of the property subjom to the Smtaity (the " taperW" (b) I east be cu= in MY m6ndsly payrzieasss and ca mot have been none than 30 days ktc n any ofthe 12 xbe+dulodnwntWyPr:ymeras i v!> Wy peeeft dc Note MatmtyDate, (c) there art: no Bets, dcSectit, or against the Property, or other adverse maters afficctiag title to the Psopezty (octopi for taxes and tpCCial not yet due and payable) m mg a* the Seauity btserttmcsu was r=Ird4 (d) the Modified Note Rate t- w ' be more t!>;srt 5 p pou& abrnz the Now Rate; and (e) I must make a wtitbas mqucst to the Note Holder as provided in Section 5 below 3. CW-tU .ATM THE MODIFIED NOTE RATE The Modifimd NOW Rate *X be a faed rate of irmmmt equal to the Fodetal Ho= Loan Mortgage Cmpomion's z q=cd net yield for 30-year fixed race mnt4Fgas mbjed to a 60.day nwidatory delivery ems, pba me4mTof mr: p¢tccat (0-PA , mmded to die nearest Ono-CighW of Cnc pCtcast (0.125 %) ( the " Modifed NotC Ratc'j The required rot yield shall be the applicable mt yield in effect on the date and brae of day d= I notify the Now Holder of my election to exetase the Conditional MoMiaeon gird Elmo osim Option. tf this required nct yield is not available, the Note Holder wql detem im the Mod iodNotc Ratc byumg campaabk idonna mL it 4- CALCULAMG THE NEW PAY.MM AMOUNT Provided the: Modified Note Rate as ob listed is Section 3 above is not greater than 5 Mcmtggg pmts above the Note Rex and an other Iegtsaed is Setxm 2 above arc satisfiexl, the Noce Holder will dexrr m the amount of the motffily paymmt that will be affkmn to ngsay m M (a) the unpaid principal, phis (b) accrued but unpaid mt=s t, plus (e) alt 00W nurser I will owe under the Now and Security IoW== on the Notc MatutSty Date (assurnmg M monthly pa)m= dWn arc taaresit, as reTmted under Section 2 above), over the teartainmg attended tmm at the Motiibted Note Rate in GTJ9 mmddy prpm ter. The result of this QkWamn will be the new amount of rrgr princglal and intasst payinmt CmY month haul the Note is Wypm& MULTISTATE ttAELOON R)I)n 01"AraYwra err ice) Sim& VmdY__Prs"k Me$ UNITO)tM IN"RUMENT YOM 31M L41 (pajr ! q(I patu)