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0703356 RENOVATION LOAN RIDER THIS RENOVATION LOAN RIDER is made this30TH day of AUGUST 2002 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed ("Security Instrument ") of the same date given by the undersigned ( "Borrower ") to secure Borrower's Note ( "Note ") to WELLS PARGO HOME MORTGAGE, INC. ( "Lender ") of the same date and covering the Property described in the Security Instrument and located at: 3220 N. NORTH ROAD, GRAND ISLAND, NE 68803 [Property Address] ADDITIONAL COVENANTS. In addition to the covenants and agreements in the Security Instrument, Borrower and Lender further covenant and agree as follows: A. Loan proceeds are to be advanced for the premises in accordance with the Renovation Loan Agreement dated AUGUST 30, 2002 between Borrower and Lender. This agreement is incorporated by reference and made a part of this Security Instrument. No advances shall be made unless approved by the Lender. B. If the renovation is not properly completed, performed with reasonable diligence, or is discontinued at any time except for strikes or lockouts, the Lender is vested with full authority to take the necessary steps to protect the renovation improvements and property from harm, continue existing contracts or enter into necessary contracts to complete the renovation. All sums expended for such protection, exclusive of the advances of the principal indebtedness, shall be added to the principal indebtedness, and secured by the Security Instrument and be due and payable on demand with interest as set out in the Note. C. If Borrower fails to perform any obligation under the loan, including the commencement, progress and completion provisions of the Renovation Loan Agreement, and such failure continues for a period of 30 days, the loan shall, at the option of Lender, be in default. NMFLN 4543 07/99 Page 1 of 2 t.