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200213149
<br />BALLOON RIDER
<br />(CONDITIONAL MODIFICATION AND EXTENSION OF LOAN TERMS)
<br />THIS BALLOON RIDER is made this .....25TH,,,,, day of .. OCTOBER, 209 2,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
<br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of
<br />Trost, or Deed to Secure Debt (the "Security Instrument') of the same date given by the
<br />undersigned (the "Borrower ") to secure the Borrower's Note to _9 ?NKA.F,purylP,ryaN.P.O.BOX Z ?4,.04NIpHAN,.
<br />KIM? ................................................................................ ...............................
<br />.. ....... . ................................ _........... ...................... (the "Lender ") of the same date and
<br />covering the property described in the Security Instrument and located at .. AMANKgYWAY,WND...
<br />j4M9NE AMP .......................................................... ...............................
<br />.............................................................................................. ...............................
<br />[Property Addresel
<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 />1. CONDITIONAL MODIFICATION AND EXTENSION OF LOAN TERMS
<br />At the Maturity Date of the Note and Security Instrument (the "Note Maturity Date "), I
<br />will be able to extend the Note Maturity Date to 1:61 2031 (the "Extended
<br />Maturity Date ") and modify the Note Rate to the "Modified Note Rate" determined in
<br />accordance with Section 3 below if all the conditions provided in Sections 2 and 5 below are
<br />met (the "Conditional Modification and Extension Option'). If those conditions are not met, I
<br />understand that the Note Holder is under no obligation to refinance the Note or to modify the
<br />Note, reset the Note Rate or extend the Note Maturity Date, and that I will have to repay the
<br />Note from my own resources or find a lender willing to lend me the money to repay the Note.
<br />2. CONDITIONS TO OPTION
<br />If I want to exercise the Conditional Modification and Extension Option, certain conditions
<br />must be met as of the Note Maturity Date. These conditions are: (a) I must still be the owner
<br />and occupant of the property subject to the Security Instrument (the "Property"); (b) I must be
<br />current in my monthly payments and cannot have been more than 30 days late on any of the 12
<br />scheduled monthly payments immediately preceding the Note Maturity Date; (c) there are no
<br />liens, defects, or encumbrances against the Property, or other adverse matters affecting title to
<br />the Property (except for taxes and special assessments not yet due and payable) arising after the
<br />Security Instrument was recorded; (d) the Modified Note Rate cannot be more than 5
<br />percentage points above the Note Rate; and (e) I must make a written request to the Note
<br />Holder as provided in Section 5 below.
<br />Form 3190 1/01
<br />IN 1111 I N 1 11111 1111 1111
<br />MULTISTATE BALLOON RIDER IMODIFICATION AND E% TENSIONI— S,, 1, F ,mtl)— F,etll,.Mac UNIPoRM INSTRUMENT 0 0 2 0 0
<br />Bankers Systems, Inc, St Qwd MN Fmm MLMC3190 9 11 12WO
<br />Pet FHLMC 32W FHLMC -3291 tpage 1O {3 pages)
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