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7772703 BALR-3180 99 10 � � � 4 BALLOON RIDER (CONDITIONAL RIGHT TO REFINANCE) THIS BALLOON RIDER is made this 6TH day of OCTOBER ,19 9 9 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Deed to Secure Debt (the "Security Instrument") of the same date given by the undersigned (the "Borrower")to secure the Borrower's Note to NORWEST MORTGAGE, INC. (the "Lender") of the same date and covering the Property described in the Security Instrument and located at: 4106 MASON AVB. , GRAND ISLAND, NE 68803 [Property Address] The interest rate stated on the Note is called the "Note Rate." The date of the Note is called the "Note Date." I understand the Lender may transfer the Note, Security Instrument and this Rider. The Lender or anyone who takes the Note, the Security Instrument and this Rider by transfer and who is entitled to receive payments under the Note is called the "Note Holder." ADDITIONAL COVENANTS. In addition to the covenants and agreements in the Security Instrument, Borrower and Lender further covenant and agree as follows (despite anything to the contrary contained in the Security Instrument or the Note): 1. CONDITIONAL RIGHT TO REFINANCE At the Maturity Date of the Note and Security Instrument (the "Maturity Date"), I will be able to obtain a new loan ("New Loan")with a new Maturity Date of oCTOBER O1, 2029 and with an interest rate equal to the "New Note Rate" deternuned in accordance with Section 3 below if all the conditions provided in Sections 2 and 5 below are met (the "Conditional Refinancing Option"). If those conditions are not met, I understand that the Note Holder is under no obligation to refinance or modify the Note, or to extend the Maturity Date, and that I wili have to repay the Note from my own resources or find a lender willing to lend me the money to repay the Note. MULTISTATE BALLOON RIDER- Single Family- Fannie Mae Uniform instrument Form 3180 12/89 �875U 19705) Amended 3/92 Page 1 of 3 Initials: �1L � I IIIIIIII IIIII III IIIIII IIII IIII IIII VMP MORTGAGE FORMS - (800►521-7291 i