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200303005 MORTGAGE INSURANCE RIDER This Mortgage Insurance Rider is made this 14th day of March 2003 , mid is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security Instrument ") of the same date given by the undersigned ( "Borrower ") to secure Borrower's ARM [identify type of note, e.g. fixed rate] note (the "Note") to EQUITABLE FEDERAL SAVINGS BANK OF GRAND ISLAND ( "Lender ") of the same date and covering the Property described in the Security Instrument and located at 809 W KOENIG ST GRAND ISLAND. NE 68801 -6557 [Property Addressl The Security Instrument is amended by adding the following at the and of Section 10 (if the Security Instnnnent has a form date at the lower right corner of 3/99 or later) or Section S (if the Security Instrument has a form date at the lower right comer that is earlier than 3/99): Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does not repay the i.oan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter into agreements with other parties that share or modify their risk, or reduce losses. These agreements are on terms and conditions that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the mortgage insurer to make payments using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance premiums). As a result of these agreements, Lander, any purchaser of the Note, another insurer, any reinsurer, any other entity, or any affiliate of any of the foregoing, tray receive (directly or indirectly) amounts that derive from (or might be characterized as) a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying the mortgage insurer's 229373 Multistate Mart6age Insurance Rider 5Ingle Family- Fannie Mae unHorm Instrument ®4 t H (0004) Form 3160 6100 Page I of 3 Inititls:2--V� VMP MORi GAGE FORMS - (800)521 -]291 1