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RECORDING REQUESTED BY, AND <br />WHEN RECORDED MAIL TO: <br />COLLATERAL CONTROL <br />350 SOUTH GRAND AVENUE, <br />42ND FLOOR <br />LOS ANGELES, CALIFORNIA <br />90071 <br />Loan No.: NE 0115 2 4 <br />Application No.: 9 8 6 3 3 8 9 <br />x.1046 <br />(Space above this line for Recorder's use) <br />ASSUMPTION RIDER <br />NOTICE: THIS LOAN IS NOT ASSUMABLE WITHOUT THE LENDER'S PRIOR APPROVAL. <br />THIS ASSUMPTION RIDER (the "Assumption Rider ") is made this 29th day of <br />DECEMBER 2000 , and is incorporated into and shall be deemed to <br />amend and supplement the Mortgage, Deed of Trust or Security Deed (the "Security Instrument ") of <br />the same date given by LEVI L. LOEFFELHOLZ, ORENA K. CROW <br />( "Borrower "), <br />in favor of AAMES FUNDING CORPORATION, A CALIFORNIA CORPORATION, <br />DBA AAMES HOME LOAN ( "Lender "), <br />to secure repayment of that certain promissory note (the "Note ") of the same date executed by <br />Borrower in favor of Lender and covering the property described in the Security Instrument and <br />located at:�,� <br />68803 <br />234 NORTH WHITE, GRAND ISLAND, NEBRASKA ¢,8/W(JJ <br />[Property Address] <br />To the extent that the provisions of this Assumption Rider are inconsistent with the provisions <br />of the Security Instrument, the provisions of this Assumption Rider shall prevail over and shall <br />supersede any such inconsistent provisions of the Security Instrument. Capitalized terms used herein <br />and not otherwise defined herein shall have the meanings specified in the Security Instrument. <br />ADDITIONAL COVENANTS. For value received, the receipt and sufficiency of which are <br />hereby acknowledged, Borrower and Lender, in addition to the covenants and agreements made in the <br />Security Instrument, further covenant and agree as follows: <br />ASSUMPTION. Notwithstanding anything in the Security Instrument to the contrary, Lender <br />shall permit the one -time assumption of all of Borrower's liabilities and obligations under the Security <br />Instrument, the Note and all of the other Loan Documents in connection with Borrower's sale or <br />other transfer of the Property to a purchaser or other transferee (the "Transferee "), subject to the <br />fulfillment of each of the following conditions: <br />(a) Borrower is not in default under the terns of the Security Instrument, the Note or any of <br />the other Loan Documents at the time of the assumption; <br />ASSUMPTION RIDER <br />Document Systems, Inc. (800) 649 -1362 Page I of 2 <br />Borrower Initials <br />ASSRDRI.OS <br />