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200214007 PREPAYMENT PENALTY RIDER TO SECURITY INSTRUMENT THIS LOAN IS AN ALTERNATIVE MORTGAGE TRANSACTION WITHIN THE MEANING OF THE ALTERNATIVE MORTGAGE TRANSACTIONS PARITY ACT OF 1982, 12 UNITED STATES CODE SECTION 3800 AND FOLLOWING, AS AMENDED, AND THE APPLICABLE FEDERAL REGULATIONS ADOPTED PURSUANT THERETO, AS AMENDED. This Prepayment Penalty Rider is made on the 13TH day of DECEMBER, 2002 and is incorporated into and made a part and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed of even date herewith (the "Security Instrument'), made by the undersigned borrower(s) in favor of CHERRY CREEK MORTGAGE CO., INC. (the Lender) and dated as of even date herewith (Security Instrument). I, (the Burrower) understand the Lender may transfer the Note, related Mortgage, Deed of Trust, Deed to Secure Debt or other security instrument (the Security Instrument) and this Rider. The Lender or anyone who takes and holds the Note, Security Agreement and this Rider by transfer and who is entitled to receive payments under the Note is called the Note Holder. ADDITIONAL COVENANTS: In addition to the covenants and agreements in the Note and in the Security Agreement, Borrower and Lender further covenant and agree as follows (despite anything stated to the contrary which is contained in the Note or Security Agreement). BORROWER'S RIGHT TO PREPAY: I have the right to make payments of principal at any time before they are due. A payment of principal only is known as a prepayment. When I make a prepayment, I will tell the Note Holder in writing that I am doing so. 1 may make a full prepayment or partial prepayments. However, if the aggregate amount of the prepayments made during any twelve (12) month period within ONE years of the date of execution of the Note exceeds twenty percent (20 %) of the original principal amount of the Note, then as consideration for the acceptance of such prepayment(s), and unless otherwise prohibited by state law, I agree to pay the Note Holder a sum equal to six (6) months interest on the amount by which such prepayment(s) exceed twenty percent (20 %) of the original principal amount of the Note. Any prepayments made after said initial ONE year period shall not be subject to any prepayment charges. The Note Holder will use all of my prepayments to reduce the amount of the principal that 1 owe under the Note. If I make a partial prepayment, there will be no changes in the due dates or in the amount of my monthly payments unless the Note Holder agrees in writing to those changes. I'egc I oft