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99 110� 22
<br /> PREPAYMENT RIDER 5095598MEX
<br /> THIS PREPAYMENT RIDER is made this ...3rd_,_.,,,, day of ...NOVEMBER 1999
<br /> .... ................ .
<br /> and is incorporated into and shall be deemed to amend and supplement the Mortgage,
<br /> Deed of Trust or Security Deed (the "Security InstrumenY') of the same date given by the
<br /> undersigned (the "Borrower") to secure Borrower's Note to ................................................
<br /> _,,,,,_.,,,,,,,,,,,,,,,NORWEST MORTGAGE INC. DBA DIRECTORS,ACCEPTANCE
<br /> ................................................. ........................................
<br /> of the same date and covering the Property described in the Security Instrument and
<br /> located at: .��.NORTH ELM,STREET ALDA NE 68810,,,,,,,..._„,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
<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 principal at any time before they are due.
<br /> A prepayment of all of 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. Nowever, ii within the first
<br /> ,thrgg,,, („3„� year(s) after the execution of the Security Instrument I maks 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 /> Subprime 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 /> WY(first mtgs only,int rate cannot exceed 18%)) (Page 1 of 2)
<br /> EC180L Rev. OS/11/99
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