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200504944
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200504944
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Last modified
10/17/2011 7:04:30 AM
Creation date
10/28/2005 10:53:54 AM
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DEEDS
Inst Number
200504944
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200504044 <br />PREPAYMENT RIDER TO SECURITY INSTRUMENT <br />.I , O W on, I�I�1��•Yilrl•7 <br />Date: MAY 31, 2005 <br />Borrowers: TAM I L. S HR I NER <br />This Rider is made MAY 31, 2 0 0 5 and is incorporated into and deemed to <br />amend and supplement the Security Instrument (deed of trust, warranty deed, mortgage, etc.) of the same <br />date. <br />The property covered by this addendum is described in the security instrument and located at: <br />404 EAST 13TH STREET, GRAND ISLAND, NEBRASKA 68801 <br />AMENDED PROVISIONS <br />In addition to the provisions and agreements made in the Security Instrument, I /we fiu-ther covenant <br />and agree as follows: <br />BORROWER'S RIGHT TO PREPAY <br />I/We have the right to make payments of principal at any time before they are due. A prepayment <br />of the entire unpaid principal is known as a full prepayment. A full prepayment of only part of the unpaid <br />principal is known as a partial prepayment. <br />Except as provided below, I may make a full or partial prepayment at any time. <br />PENALTY UPON FULL OR PARTIAL PREPAYMENT <br />If, within the first 3 6 month(s) of the date of this Note I /we make full or partial prepayment <br />in any 12 month period of more than 2 0 . 0 0 0 % of the original principal loan amount, the Note <br />Holder may collect a penalty. That penalty will be equal to <br />Month Number Percentage of Penalty <br />1 -12 3, <br />13 -24 2%- <br />25 -36 1. <br />of the amount of the prepayment, which is more than 2 0 . 0 0 0 % of the original principal loan <br />amount, unless otherwise prohibited by applicable law or regulation. The penalty will be collected unless <br />otherwise provided by applicable law or regulation. <br />If I make a partial prepayment there will be no change in the due date of my monthly payment unless <br />the Note Holder agrees in writing to such a change. <br />PREPAYMENT RIDER TO SECURITY INSTRUMENT DocMagic eYmum 600-649 -1362 <br />07/01/03 Page 1 of 2 www.docmagic.com <br />Usrp.msc.l.tem <br />
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