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MORTGAGE INSURANCE RIDER This Mortgage Insurance Rider is made this 1 8 t h day of D e c e m b e r , 2 0 0 0, and is incorporated into and shall be deemed to amend and supplement the mortgage, deed of trust, or security deed (the "Security Instrument ") of the same date given by the undersigned ( "Borrower ") to secure Borrower's CONVENTIONAL 30 Y R FIXED note (the "Note ") to Taylor. Bean & Whitaker Mortgage C o rp ("Lender") of the same date and covering the property described in the Security Instrument and located at: 1004 E. 0kIahoma.Grand IsIand,NE 68801 The Security Instrument is amended by adding the following at the end of Section 10 (if the Security Instrument has a form date at the lower right corner of 399 or later) or Section 8 (if the Security Instrument) has a form date at the lower right corner that is earlier than 3/99): Mortgage Insurance protects Lender against the risk that Borrower may not repay the Loan as agreed. The mortgage insurer's risk is that there may be a Loan default that requires it to pay an insurance claim to Lender (or any entity that has purchased the Note from Lender). Mortgage insurers evaluate their total risk on all such insurance in force and may, from time to time, enter into agreements with other parties that modify their risk. These agreements are on terms and conditions that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the mortgage insurer to make payments using any source of funds that the mortgage Insurer may have available (which may include funds obtained from Mortgage Insurance permiums). Thus, these agreements could result in Lender (or any affiliate of Lender), any purchaser of the Note (or any affiliate of a Note purchser), another insurer, any reinsurer, or any other entity receiving, directly or indirectly, amounts that derive from (or might be characterized as) as portion of Borrower's payments for Mortgage Insurance in exchange for sharing or reducing the mortgage insurer's risk or mitigating its losses. Further: (A) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage Insurance. Such agreements will not increase the amount Borrower will owe for Mortgage Insurance, and they will not entitle Borrower to any refund. (B) Any such agreements will not affect the rights Borrower has - if any with respect to the Mortgage Insurance under the Homeowners Protection Act of 1998 or any other law. These rights may include the right to receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance terminated automatically, and /or to receive a refund of any Mortgage Insurance premiums that were unearned at the time of such cancellation or termination. By signing below, Borrower accepts and agrees to the terms and conditions contained in this Mortgage Insurance Rider. W. Eric Eaves c101,0k -tip, Vn n i if e r S . Eaves