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99110416
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Last modified
3/13/2012 7:51:25 PM
Creation date
10/21/2005 1:11:58 AM
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DEEDS
Inst Number
99110416
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�� i10416 <br /> � <br /> PREPAYMENT RIDER 5110618MEX <br /> 21st OCTOBER 1999 <br /> THIS PREPAYMENT RIDER is made this ................ day of .......................... ................ , <br /> and is incorporated into and shall be deemed to amend and supplement the Mortgage, : <br /> Deed of Trust or Security Deed (the "Security Instrument") of the same date given by the : <br /> undersigned (the "Borrower") to secure Borrower's Note to <br /> ................................................ <br /> NORWEST MORTGAGE INC. DBA DIRECTORS ACCEPTANCE <br /> ............................... ..........................L.................................................................................. <br /> of the same date and covering the Property described in the Security Instrument and : <br /> located at: 907 W 5TH ST GRAND ISLAND NE 68801 <br /> .........................�............................�...................................................................... <br /> (Property Address) : <br /> PREPAYMENT COVENANTS. In addition to the covenants and agreements : <br /> made in the Security Instrument, Borrower and Lender further covenant and agree as : <br /> follows: <br /> I have the right to make payments of principai at any time before they are due. <br /> A prepayment of all oi the unpaid principal is known as a "full prepayment." A : <br /> prepayment of only part of the unpaid principal is known as a "partial prepayment." <br /> Except as provided below, I may make a full prepayment or a partial : <br /> prepayment at any time without paying any penalty. However, if within the first <br /> ,thrgg,,, („3„� year(s) after the execution of the Security Instrument 1 make full <br /> prepayment, I will pay a prepayment charge in an amount equal to the payment of six <br /> (6) months' advance interest, at the interest rate provided for under the Note, on the <br /> amount prepaid which is in excess of twenty percent (20%) of the original principal : <br /> amount. <br /> Subpnme Prepayment (1-5 yrs) Rider- Fixed Rate <br /> (AL,AR,AZ, CA,CO, CT, DE, FL, GA, HI, IN, KY, <br /> ME, MT, ND, NE, NH, NV,OK, SD,TN, UT,WA, <br /> MA(N/O/O properties) <br /> TX(int rate cannot exceed 12%) <br /> (Page 1 of 2) <br /> WY(first mtgs only, int rate cannot exceed 18%)) EC180L Rev. 0.5/11/99 <br />
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