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200205019
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Last modified
10/14/2011 10:07:17 PM
Creation date
10/22/2005 8:02:43 PM
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DEEDS
Inst Number
200205019
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2002050.9 <br />BALLOON RIDER 0000838325 <br />(CONDITIONAL RIGHT TO REFINANCE) <br />THIS BALLOON RIDER is made this 2nd day of MAY,. 2002 ................ and is incorporated <br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed <br />(the "Security Instrument' of the same date given b the undersigned ( "Borrower') to secure <br />y <br />Borrower's Note to .. WELL FARGO HOME MORTGAGE, INC. <br />............................................................................................ ............................... <br />( "Lender's of the same date and covering the property described in the Security Instrument and <br />located ............ ..... <br />at• . ............ 4221 NORDIC RD <br />... ...... ..... ........ ...: . .... ..... ...... <br />................................................................ ............................... <br />GRAND ISLAND NE 68803 <br />........................................................................................................ ............................... <br />(Property Address) <br />The interest rate stated on the Note is called the "Note Rate." The date of the Note is called the <br />"Note Date." I understand the Lender may transfer the Note, Security Instrument and this Rider. <br />The Lender or anyone who takes the Note, the Security Instrument and this Rider by transfer and <br />who is entitled to receive payments under the Note is called the "Note Holder." <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows (despite anything to the <br />contrary contained in the Security Instrument or the Note): <br />I. CONDITIONAL RIGHT TO REFINANCE. At the Maturity Date of the Note and Security <br />Instrument (the "Maturity ate'j, I will be able to obtain a new loan ( "New Loan'I with a new <br />Maturity Date of June 1Y 2032 ....... and with an interest rate equal to the "New Note Rate" <br />.............:. ................... <br />determined in accordance with Section 3 below if all the conditions provided in Sections 2 and 5 below <br />are met (the "Conditional Refinancing Option'j. If those conditions are not met, I understand that <br />the Note Holder is under no obligation to refinance or modify the Note, or to extend the Maturity <br />Date, and that I will have to repay the Note from my own resources or find a lender willing to lend <br />me the money to repay the Note. <br />Multistate Balloon Rider - Form 3180 01/01 (Page 1 of 3) <br />Single Family - FNMA Uniform Instrument EC062L Rev. 11/20/00 <br />
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