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200304209
<br />PREPAYMENT RIDER
<br />This Prepayment Rider is made this 4th day of April 1 2003 , and is incorporated into
<br />and shall be dccmcd to amend and supplement the Mortgage, Deed of Trust or the Security Deed (the `Security
<br />Instrument") of the same date given by the undersigned ( the "BormwcC' ) to secure Borrower's Note ( the "Note" )
<br />to
<br />FIRST 7RANKLIN FINANCIAL CORPORATION, a Delaware Corporation
<br />("the Lender") of We same date and covering the property described in the Security Instrument and located aC
<br />411 N GRACE AVENUE, GRAND ISLAND, Nebraska 68801
<br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security
<br />instrument, Borrower and LCadcT further covenant and agree as follows,
<br />Except as provided below, Borrower may make a full prepayment or a partial prepayment of principal at
<br />any time without paying any charge. However, if within the first 2 year(s) after the date Borrower executes the
<br />Note, Borrower makes a full prepayment (including prepayments occurring as a result of the acceleration of the
<br />maturity of the Note), Borrower must, as a condition precedent to a hill prepayment, pay a prepayment charge on
<br />any amount prepaid in any 12 month period in excess of 20% of the unpaid balance. The prepayment charge will
<br />equal the interest that would accrue during a six -month period on the Excess Principal calculated at the rate of
<br />interest in effect under the terms of the Note at the time of the full prepayment.
<br />NOTICE TO BORROWER
<br />Do not sign this loan agreement before you read it. This loan agreement provides fur the
<br />payment of a penalty if you wish to repay the loan prior to the date provided for repayment
<br />in the loan agreement.
<br />By signing below, Borrower accepts and agrees to the terms and covenants contained in this Prepayment
<br />Rideer ® _ L __ ............ (Seal)
<br />................(Seal)
<br />MARSHA J PETERSEN KERN J PETERSEN
<br />(Seal)
<br />(Seal)
<br />(Seal)
<br />Adjustable Rate Prepayment Rider - First Lien - AK, AL, AZ, AR, CA, CO, CT, DC, DE, FL, GA, HI, ID, IA, KS,
<br />LA, MA, MD, MO, MS, MT, NE, NV, NH, NJ, NM, NY, ND, OK, OR, PA, Rl, SC, SD, TN, TX, UT, VA, VT,
<br />WA,WI, WY
<br />Document It L0028
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