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99108948
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99108948
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Last modified
3/13/2012 7:17:11 PM
Creation date
10/21/2005 12:40:03 AM
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DEEDS
Inst Number
99108948
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99 1U8948 <br /> R F F S PREPAYlV1ENT RIDER <br /> n54 5767858-847 <br /> This Prepayment Rider is macie this �T� day of SEPTEMBER � 1999 9 <br /> and is incorporated into and shall be deemed to amend and supplement the,Mortgage, Deed <br /> of Trust or the Security Deed (the °'Security Instrument") of the same date given by the <br /> undersigned (the "Borrower°') to secure Borrower°s Note (the "Note") to NORTH AMER I CAN <br /> MORTGAGE COMPANY , ('�the Lender") of the same date and covering the <br /> property described in the Security Instrument and located at: <br /> 827 SOUTH CHERRY <br /> GRAND ISLAND, NEBRASKA 68801 <br /> ADDITIONAL COVENANTS. In addition to the covenants and agreements made in <br /> 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 <br /> prepayment of principal at any time without paying any charge. However, if within the first <br /> 3 years after the date Borrower executes the Note, Borrower makes a full <br /> prepayment (including prepayments occurring as a result of the acceleration of the maturity <br /> of the Note), Borrower must, as a condition precedent to a full prepayment, pay a <br /> prepayment charge on the prepayment of that amount of principal which exceeds 20% of the <br /> principal amount stated in the Note (the "Excess Principal"). The prepayment charge will <br /> equal the interest that would accrue during a six-month period on the Excess Principal <br /> calculated at the rate of interest in effect under the terms of the Note at the time of the full <br /> prepayment. <br /> Prepayment Rider ' Multistate <br /> Versfon 3.0 (10/15198) Page 1 of B LR173USA <br /> � �. � � ��. <br /> � _ �.c-� . � �.�.c-�- <br /> ; <br />
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