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17 200305001 BALLOON RIDER (CONDITIONAL MODIFICATION AND EXTENSION OI?'-LOAN TERMS) THIS BALLOON RIDER is made this i6th day of April 2003 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt (the "Security Instrument ") of the same date given by the undersigned (the "Borrower") to secure the Borrower's Note to Hose Federal Savings and Joan Association of grand reland (the "Lender ") of the same date and covering the property dcsaribed in the Security Instrument and located at:245 NORTH CusTmR AVENUE GRAND ISLAND, NS 68803 (Property Address) The interest rate stated on. the Note is called the "Note Rate_" The data of the Nota is called the "Note Date." I understand the Lender may transfer the Note, Security Instrument and this Rider. The Lender or anyone who takes the Note, the Security Instrument and this Rider by transfer and who is entitled to receive payments under the Note is called the "Note Holder." ADDITIONAL COVENANTS. In addition to the covenants and agreements in the Sectrity Instrument, Borrower and Lender further covenant and agree as follows (despite anything to the contrary contained in the Security Instrument or the Note)- 1. CONDITIONAL MODIFICATION AND EXTENSION OF LOAN TERMS At the maturity date_ of the Note and Security Instrumtent. (the "Note Maturity Date "), I wilt be able to extend the Note Maturity Date to May 01, 2023 (the - &tended Maturity Date ") and modify the Note Rate to the "Modified Note. Rate" determined in accordance with Section 3 below if all the conditions provided in Sections 2 and 5 below are met (the "Conditional Modification and Extension Option "). if those conditions am not mat. I undetstmtd that the Note Holder is tinder no obligation to refinance the Note or to modify the Note, reset the Note Rate or extend the Note Maturity Date, and that I will have to repay the Note from my own resources or find a_leader willing to lend me the money to repay the Note. 2. CONDITIONS TO OPTION If I want to exercise the Conditional Modification and Extension Option, certain conditions must be met as of the Note Maturity Date. These conditions are (a) I must still be the owner and occupant of the MULTISTATE BALLOON RIDER (Medltteatlon and Ekteralon! - Single Family - Freddie Mac UNIFORM INSTRUMENT 477R (0008) Form 3180 1101 Page 1 of 3 Initlaw VMP MORTGAGE FORMS - f800)621 -7291