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200213362 <br />MORTGAGE INSURANCE RIDER <br />This Mortgage Insurance Rider is made this 29th day of November 2002 , <br />and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or <br />Security Deed (the "Security Instrument ") of the same date given by the undersigned ( "Borrower ") to <br />secure Borrower's ARM <br />[identify type of note, e.g. fixed rate] note (the "Note ") to EQUITABLE FEDERAL SAVINGS BANK <br />OF GRAND ISLAND <br />( "Lender ") of the same date and covering the Property <br />described in the Security Instrument and located at <br />319 E 21ST ST <br />GRAND ISLAND, NE 68801 -2492 <br />[Property Address] <br />The Security Instrument is amended by adding the following at the end of Section 10 (if the Security <br />Instrument has a form date at the lower right comer of 3/99 or later) or Section S (if the Security <br />Instrument has a form date at the lower right corner that is earlier than 3/99): <br />Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses <br />it may incur if Borrower does not repay the Loan as agreed. Borrower is not a party to the <br />Mortgage Insurance. <br />Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and <br />may enter into agreements with other parties that share or modify their risk, or reduce losses. <br />These agreements we on terms and conditions that are satisfactory to the mortgage insurer and <br />the other party (or parties) to these agreements. These agreements may require the mortgage <br />insurer to make payments using any source of funds that the mortgage insurer may have <br />available (which may include funds obtained from Mortgage Insurance premiums). <br />As a result of these agreements, Lender, any purchaser of the Note, another insurer, any <br />reinmrer, any other entity, or any affiliate of any of the foregoing, may receive (directly or <br />indirectly) amounts that derive from (or might be characterized as) a portion of Borrower's <br />payments for Mortgage Insurance, in exchange for sharing or modifying the mortgage insurer's <br />Multistate Mortgage Insurance Rider ingle Fomily-Fannie Mae Uniform Instrument <br />(=I I (0004) Form 316q 8100 <br />® 4(sl1 <br />page' Init of <br />VMF WORT ORT ORi GAGE FQRMO - (0080 <br />0)521 -7291 <br />229290 <br />