|
200304702
<br />2
<br />PREPAYMENT RIDER 0922299MEX
<br />THIS PREPAYMENT RIDER is made this day of ., . IAN. ............... .. 2002,,,,,
<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 />WELLS „FARGO HOME MORTGAGE,, INC :....................... ..I............................
<br />of the same date and covering the Property described in the Security Instrument and
<br />located at: 210 EAST 9TH STREET, GRAND .. ISLAND,,NE... 6880.1,,,,,,,
<br />....
<br />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. However, If within the first
<br />.ay.q...... (A..) year(s) after the execution of the Security Instrument I 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 />Suoprime 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 (nt rate cannot exceed 12 %)
<br />WY (first mtgs Only, in( rate cannot exceed 18 %))
<br />(Page 1 of 2)
<br />EC18OL Rev. 05/11/99
<br />
|