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<br />.. <br />. <br /> <br />200511459 <br /> <br />PREPAYMENT RIDER <br /> <br />Loan Number: 0000532600 <br />Date: NOVEMBER 15, 2005 <br /> <br />Borrower(s): ANDRES A. CHAVEZ <br /> <br />THIS PREPAYMENT RIDER (the "Rider") is made this 15th day of NOVEMBER , <br />2005 , and is incorporated into and shall be deemed to amend and supplement <br />the Mortgage, Deed of Trust or Security Deed (the "Security Instrument") of the same date given by the <br />undersigned ("Borrower") to secure repayment of Borrower's promissory note (the "Note") in favor of <br />HAMILTON MORTGAGE CCMPANY, lIN ARIZONA CORPORATION <br /> <br />("Lender"). The Security Instrument encumbers the Property more specifically described in the Security <br />Instrument and located at <br /> <br />704 WEST 16TH STREET, GRAND ISLAND, NEBRASKA 68801 <br />[Property Address] <br /> <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows: <br /> <br />A. PREPA YM ENT CHARGE <br />The Note provides for the payment of a prepayment charge as follows: <br /> <br />5 . BORROWER'S RIGHT TO PREPAY; PREPAYMENT CHARGE <br />I have the right to make payments of Principal at any time before they are due. <br />A payment of Principal only is known as a "Prepayment." When I make a Prepayment, <br />I will tell the Note Holder in writing that I am doing so. I may not designate a payment <br />as a Prepayment if I have not made all the monthly payments due under the Note. <br />The Note Holder will use my Prepayments to reduce the amount of Principal that <br />I owe under the Note. However, the Notc Holder may apply my Prepayment to the <br />accrued and unpaid interest on the Prepayment amount, before applying my Prepayment <br />to reduce the Principal amount of the Note. If I make a partial Prepayment, there will be <br />no changes in the duc dates of my monthly payment unless the Note Holder agrees in <br />writing to those changes. <br />If the Note contains provisions for a variable interest rate, my partial Prepayment <br />may reduce the amount of my monthly payments after the first Change Date following my <br />partial Prepayment. However, any reduction due to my partial Prepayment may be offset <br />by an interest rate increase. If this Note provides for a variable interest rate or finance <br />charge, and the interest rate or finance charge at any time exceeds the legal limit under <br /> <br />MUL TI8T ATE ffiEPA YMS\JT RIDER <br />6/03 <br /> <br />Page 1 of 2 <br /> <br />DocMagic~ 800.049-1362 <br />www.docmafjc.com <br /> <br />UlJl".~1.tem <br />