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200110005 <br />WHEN RECORDED MAIL TO: <br />NORTH AMERICAN MORTGAGE COMPANY <br />P. O. BOX 808031 <br />PETALUMA, CA 94975 -8031 <br />FINAL REVIEW AU 052 <br />[Space Above This Line For Recording Data] <br />RDP2 174 <br />Loan #: 4881854 -847 <br />PREPAYMENT RIDER <br />THIS PREPAYMENT RIDER is made this 27TH day of SEPTEMBER , <br />2001 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, <br />Deed of Trust, Security Deed, Loan Security Agreement, Consolidation, Extension and Modification <br />Agreement, or Extension and Modification Agreement (individually or collectively, the "Security <br />Instrument "), as applicable, of the same date given by the undersigned (the "Borrower ") to secure <br />the Borrower's Note (the "Note ") to NORTH AMER I CAN MORTGAGE COMPANY <br />(the "Lender) of the same date and covering the property <br />described in the Security Instrument and located at: <br />2228 -2232 SOUTH CHANTICLEER <br />GRAND ISLAND, NEBRASKA 68801 <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made <br />in the Security Instrument, Borrower and Lender further covenant and agree as follows: <br />Except as provided below, Borrower may make a full prepayment or a partial prepayment of <br />principal at any time without paying any charge. However, if within the first 5 years after the <br />date Borrower executes the Note, Borrower will pay a prepayment penalty as stated herein: <br />BORROWER MUST AS A CONDITION PRECEDENT TO A FULL PREPAYMENT, PAY <br />APREPAYMENT PENALTY IN THE AMOUNT OF SIX MONTHS' ADVANCE INTEREST ON <br />THEAMOUNT BY WHICH THE AGGREGATE PREPAYMENTS (INCLUDING PREPAYMENTS <br />OCCURRING ASA RESULT OF THE ACCELERATION OF THE MATURITY OF THE NOTE) <br />MADE WITHIN ANYCONSECUTIVE TWELVE MONTH PERIOD EXCEED TWENTY PERCENT <br />(20 %) OF THE ORIGINALPRINCIPAL AMOUNT. <br />No prepayment penalty will be assessed for any prepayment made after the Penalty Period or if <br />the prepayment is concurrent with the sale of the property securing this Note. <br />The Note Holder's failure to collect a prepayment penalty at the time a prepayment is received <br />shall not be deemed a waiver of such penalty and any such penalty calculated in accordance with this <br />section shall be payable on demand. <br />II�IIIIIIIN�IIIIIIWIIIIII <br />Version 2.0 (11/18/99) Page I of 2 Initials,/ 1?e LRI89USA <br />