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DEC -11 -02 03:13PM FROM- T -019 P. 021/030 F -023 ARBITRATION RIDER 200214105 THIS ARBITRATION RIDER is made this 11th day of December 1 2002 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (the - Security Instrument ") of the same date given by the undersigned (the "Borrower ") to secure Borrower's Note or Adjustable Rate Note (the "Note ") to Accredited Home Lenders, Inc., A California Corporation (together with its successors and assigns, the "Lender "), of the same date and covering the Property described in the Security Instrument and located at: 515 E. STOLLEY PARK ROAD GRAND ISLAND, NE 68801 [Property Addressl A- Agreement to Arbitrate- By signing this Arbitration Rider, you agree that either Lender or you may request that any claim, dispute, or controversy (whether based upon contract; tort, intentional or otherwise; constitution; statute; common law; or equity; and whether pre- existing, present or future), including initia'' claims, counter- claims, and third -party claims, arising from or relating to the Note or the Security Instrument or the relationships which result from the Note or the security instrument, including the validity or enforceability of this Arbitration Rider, any part hereof or the Note or the Security Instrument (a "Claim "), shall be resolved, upon the election of you or us, by binding arbitration pursuant to this Arbitration Rider and the applicable rules or procedures of the arbitration administrator selected at the time the Claim in filled. The party initiating the arbitration proceeding shall have the right to select are of the following three arbitration administrators: the National Arbitration Forum [ "NAF "), the American Arbitration Association ( "AAA") or JAMS /Endiepute ("JAMS")- The arbitrator shall be independent and /or unrelated to you or Lender. The rules and forms of the NAP, AAA, and JAMS may be obtained by writing to or calling these organizations at the addresses and /or telephone numbers listed below. B. Location of Arbitration. Any participatory hearing that you attend will take place in the city nearest to your residence where a federal district court is located or at such other location as agreed by the parties. C. Costs of Arbitration. If Lender files a claim, Lender shall pay all filling costs. If you file a Claim, the filling costs shall be Paid as follows' (a) Lender agrees to pay far the initial cost at the filing the Claim up to the maximum amount of $100.00; (b) for the filing costs over $100.00, such additional cost shall he divided equally between you and the Lender up to the amount charged by the arbitration administrator for a Claim equal to your loan amount; and (c) all costs over the amount charged by the arbitration administrator for a Claim equal to your loan amount shall be paid by you- The cost of up to one full day of arbitration hearings will be shared equally between you and the Lender. Fees for hearings that exceed one day will he paid by the requesting party. You and the Lender shall each bear the expense of their respective attorneys' 3001]6102120fi 13153 Paso 1 of 3 SASTW000 0212061315 11.1-1 off