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2003U93gs BALLOON RIDER (CONDITIONAL MODIFICATION AND EXTENSION OF LOAN TERMS) TMS BALLOON RIDERis nude fts 16th dayof July 2003 � and is incocpocaued Ym find shall be deaned to amend and aWplmmit the Mortgage, Deed of Trust, or Deed to Secure Debt (the "Seearity Instritrt>erit') ofthe same daft givta by the undersigned (tiro "Borsovicei to secime the Botm-ces Note to Bank of —D on i khan ( the `Ter dd) of the sans date and covering the property described in the Security Instrument and lecatcd err 455 Sonja Drive Doniphan, NE 68832 [I'roprty Add=] The interest rate stated on the Note is called the `Note Rate." The date of the Notc is called the "Note Date " I widastand tic L mridar may traasfa tin Note, Security Instt t=K and tiffs Rider. The Lender or any= who ml= the Notr, the Severity DMUMC nt and this Rider by u=sfa and wbo is emuded to receive payments under the Note is called the "Note Holder." ADDITIONAL, COVENANTS. In addition to the covenants and agrccm== in the Security Instrument, Borrows and Lender firthcr covenazrtand agt+ee as follows (despite anydiiag to the conazy cortmitied in 13te Security Instrtmiexrt or the Note): L CONDITIONAL MODIFICATION AND EXTENSION OF LOAN TERMS At do mmtaity daze of the Note and Sgctaity2 ( the "Note Mammy Duel, I will be able to extend the Note Mausity Dafo to August (the'(tended qty Duel and modify dw Note Rate to the "Modified Note Rabe" detwrlaed in aocordaace wide Sefton 3 below if all the conditions providod in Soctioas 2 arid 5 below are met (the "Conditional Modification and Fxftsion Option'). If dww coaditiorfs are ntot mt I uodcntmd that the Note Bolder is under taD obligation to rcfm= the Note or to modify the Note, mot the Now Rate or mmend, floe Notc Manarity Date, and that 1 wt71 have to repay the Note from my own resources or find a lender willing to lend me the mosey to repay the Note. 2. CONDmon TO OPTION If I want to exercise the Conditional Modifies and Fay Option, tertian conditions vxist be met as of the Note Mantity Date. These condi ions are: (a) I must stilt be the owties and occupant of the property subjeex to the Security I t>mc' it (tbc "Prcpc*,'A (b) I must be cuom in my wont* pan==t and caralot have been more than 30 days late on any of tine 12 whedidi d morddy paymients brvnediately ptttoedmgtbc Note Manai ty Date (c) there ant no liars, dcfoeW or encumbrances against the Property, or other adverse matters affecting ti lc to the Pmperty (except for nixes and special assesst wa wt yet dire and payable) aaismg after the Seaaity bisfamrest was r=md4 (xi) tie ModifiedNote Rate cannot be more thart 5 pcm=tagc points above floe Note Rate; and (e) I must make a wrium roqucst to the Note Holder as provided in Satins 5 below. 3. CALCULATING THE MODIFLEA NOTE RATE The Modified Note Rata will be a fixed ram of Interest est *W d to the Federal Iivmc Loan Mortgage Corporation's required tat yield for 30 -year Steed mate mortgages subject to a 60.day mandatory delivtry commim>art, piss one -half of ono pe ccre (0.501*1 rctmded to the nearest ono-it of one parent (0.125 %) ( the Modified Now Rate'"). Ile required +tat yield diall be the applicable net yield in effect on flu date and time of day that I notify the Now Bolder of my alomon to exercise the Conditioml Modification and Extension Option. If ft rxxp*cd nct yield is not avwUble, the Note Holder wl7l determine the ModifiodNote Ratc byussiig comparable information. 4. CALCULATLNG THE NEW PAYMENT AMOUNT Provided the Modified Note Raft: as c&Wued is Section 3 above is not g ater than 5 pw=*W points above the Note Raft and all other conditions rexluired in Section 2 above arc satisfied, the Note Holder will deoerrnine the amxxW of the nonlfdy paymcat that will be siifficiett to repay m 1W1(a) the unpaid principal, phis (b) accrued but unpaid u tc% plus (c) all otha mm I wf11 owe tinder the Note and Security lascnimmt tin floc Notc Mdmity, Date (&%mmlog my MOW payments flint arc cunertt, as required under Semm 2 above), over the mnia nwg attended ttxm at the Modified Nobs: Rate in cgval monthly payments. The result of tbis atlailatioa will be the new amotiat of my principal and intercat paym= evoymowh tram the Nose is Silly paid MULTISTATE ULLOON R)Dttt (Medifm ien sad [amden}Sw& Feimly- Freddle Mee UNIFORM lnrROMBNT logs 3110 imi 0W.. 1 af2paserl