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9 � 106 � 20 <br /> BALLOON RIDER <br /> (CONDIT'IONAL RIGHT TO REFINANCE) <br /> THIS BALLOON RIDER is made this 21St day of June � 1999 , <br /> and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or <br /> Deed to Secure Debt (the "Security Instrument") of the same date given by the undersigned (the <br /> "Borrower")to secure the Borrower's Note to �A Mortgaga corporation <br /> (the "Lender") of the same date and covering the Property described in the Security Instrument and located <br /> at: 4054 RSGAL DRivS, GRAND ISLAND, NE 68803 <br /> [Property Address] <br /> The interest rate stated on the Note is called the "Note Rate." The date of the Note is called the "Note <br /> Date." I understand the Lender may transfer the Note, Security Instnunent and this Rider. The Lender or <br /> anyone who takes the Note, the Security Instrument and this Rider by transfer and who is entitled to <br /> receive payments under the Note is called the "Note Holder." <br /> ADDITIONAL COVENANTS. In addition to the covenants and agreements in the Security <br /> Instrument, Bonower and Lender further covenant and agree as follows (despite anything to the contrary <br /> contained in the Security Instrument or the Note): <br /> 1. CONDITIONAL RIGAT TO REFINANCE <br /> At the Maturity Date of the Note and Security Instrument (the "Maturity Date"), I will be able to <br /> obtain a new loan("New Loan")with a new Maturity Date of July o 1, 2 0 2 9 <br /> > <br /> and with an interest rate equal to the "New Note Rate" deternuned in accordance with Section 3 below if <br /> all the conditions provided in Sections 2 and 5 below are met (the "Conditional Refinancing Option"). If <br /> those conditions are not met, I understand that the Note Holder is under no obligation to refinance or <br /> modify the Note, or to extend the Maturity Date, and that I will have to repay the Note from my own <br /> resources or find a lender willing to lend me the money to repay the Note. <br /> MULTISTATE BALLOON RIDER-Single Family-Fannie Mae Uniform Instrument Form 3180 12/89 <br /> �872U (9705).02 � <br /> Page 1 of 3 Initials:� �•� � <br /> VMP MORTGAGE FORMS- (800►521-7291 �� <br /> MFCD2043 Ap#:0002060763 <br />