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20030801'7
<br />PREPAYMENT RIDER 0130637689
<br />THIS PREPAYMENT RIDER is made this ...24th,,,,,, day of ..JUNE,,,,,,,,,,,,,, ,,,,2003
<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 />........................ ELLS,FARGO,HOME,MORTGAGE INC.
<br />............. 4............................... ...............................
<br />of the same date and covering the Property described in the Security Instrument and
<br />located at: 1721. N jjW§: ON GRAND ISLAND NE 68803
<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. However, if within the first
<br />.!o...... (..2..) 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 />Subprime Prepayment (1-5 yrs) Rider
<br />Parity Act - AK, AL, AR, CA, CO, CT, DE, DC, FL, GA, HI,
<br />ID, IN, IA, KS, KY, LA, MID, MS, MO, MT, NE, NV, NH,
<br />NJ, NM, ND, OK, PA, RI, SD, TN, TX, UT, VT, WA, WY
<br />OCC - NY
<br />(Page 1 of 2)
<br />EC200L Rev. 12/26/01
<br />W�c
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