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MORTGAGE INSURANCE RIDER <br />This Mortgage Insurance Rider is made this 5th day of duly 2002 , <br />and is incorporated into and shall be deemed to amend mid supplement the Mortgage, Deed of Trust, or <br />Security Deed (the "Scomity Instrument") of the same (late given by the undembpred ( "Borrower') to <br />secure Bmroever's ARM <br />[identify type of note, e g. fixed ram] note (the "Note ")to EQUITABLE FEDERAL SAVINGS BANK <br />OF GRAND ISLAND <br />("Lender") of the sane dam and covering the Proper ty <br />described in the Security Instrument and located at <br />308 N 2ND STREET <br />DONIPHAN. NE 68832 <br />Iaceony ndd ... it <br />The Security Instrument is amended by adding the following at the end of Section 10 (if the Secretly <br />lnstmment has a form date at the Iowa right comer of 3/99 or later) or Section S (if the Security <br />InRV'umem has a form date at the lower right corner that is earlier than 3/99): <br />Mortgage Insurance reLnhurscs Lender (or any entity that purdtari the Not) for cerium losses <br />it may incur if Borrower does not repay the Lear as agreed. Borrower is not a party to the <br />Mortgage Insurance <br />Mortgage insurers evaluate their total rusk on all such insurance in force from time to time, and <br />may enter into agreoncnts with other parties that share or modity their risk or reduce losses. <br />These agreements are on terms and conditions that are satisfactory to the mortgage insurer and <br />the other party (or parties) to these agreements. Thcsc agreements may requim the mortgage <br />inquest to make payments using any source of funds that the mortgage insurer may have <br />available (which nary include funds obtaived from Mortgage Insurance premiums). <br />As a r sult of these inamorata, Lender, any purchaser of the Note, another Insurer, any <br />reinsures, any other entity, or any affiliate of any of the foregoing may receive (directly or <br />indirectly) mnounts that derive from (or might be characterized as) a portion of f3onower's <br />payments for Mortgage lam grim, In exchange for sharing or modifying the mortgage insurer's <br />229152 <br />MuMStete Morgame Imurame Rider Single Form aµra me Mae uniform Instomond <br />� 1tR (ROCd) Form 16 4 dr <br />pege1 of Inl star'. <br />VMP MORTOASE FORMS - ,S - 91 <br />