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200600553 PREPAYMENT RIDER Loan Number: 0000532913 Dme: JANUARY 11, 2006 Borrower(s): JEREMY R. CARLSON, KELLY L. CARLSON THIS PREPAYMENT RIDER (the "Rider") is made this 11th day of JANUARY , 2006 , and is incorpormed 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 ("Borrower") to secure repayment of Borrower's promissory note (the "Note") in favor of HAMILTON MORTGAGE CCMPANY, AN ARIZONA CORPOPATION ("Lender"). The Security Instrument encumbers the Property more specifically described in the Security Instrument and located at 3609 ARABIAN CIRCLE, GRAND ISLAND, NEBRASKA 68801 [Property Address] ADDITIONAL COVENANTS. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: A. PREPAYMENT CHARGE The Note provides for the payment of a prepayment charge as follows: 6 . BORROWER'S RIGHT TO PREPAY; PREPAYMENT CHARGE 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." \Vhen I make a Prepayment, I will tell the Note Holder in writing thm I am doing so. I may not designate a payment as a Prepayment if I have not made all the montWy payments due under the Note. The Note Holder will use my Prepayments to reduce the amount of Principal thm I owe under the Note. However, the Nole Holder may apply my Prepayment to the accrued and unpaid interest on the Prepayment amount, before applying my Prepayment to reduce the Principal amount of the Nole. If I make a partial Prepayment, there will be no changes in the due dmes of my monthly payment unless the Note Holder agrees in writing to those changes. If the Note contains provisions for a variable interest rate, my partial Prepayment may reduce the amount of my monthly payments after the first Change Date following my partial Prepayment. However, any reduction due to my partial Prepayment may be offset by an interest rate increase. If this Note provides for a variable interest rme or finance charge, and the interest rme or finance charge at any time exceeds the legal limit tmder MULTISTATEffiEPAYMENT RIDER 6/03 Page 1 of 2 DocMagicBMm!P!l 800~49-1362 www.cJocrnagc.com lllJr.Rf 1.l<rn