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200601466
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200601466
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Last modified
2/17/2006 4:04:36 PM
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2/17/2006 4:04:36 PM
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DEEDS
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200601466
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<br />Usbl.rdr.1.lem <br /> <br />200601466 <br /> <br />[Space Above This Line For Recording Data] <br /> <br />Loan Number: 490001812 <br /> <br />BALLOON RIDER <br /> <br />THIS BALLOON RIDER is made this 10th day of FEBRUARY 2006 . and <br />is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security <br />Deed (the "Security Instrument") of the same dale given by the undersigned ("Borrower") to secure <br />Borrower's Note (the "Note") to OWNIT MORTGAGE SOLUTIONS r INC., A <br />CALIFORNIA CORPORATION <br />(the "Lender") oftbe same date and covering the property described in the Security Instrument and located at: <br /> <br />2122 ATLANTA STREET, GRAND ISLANDr NEBRASKA 68803 <br />[Property Addres,] <br /> <br />The Interest rate stated on the Note Is called the "Note Rate." The date of the Note Is called the "Note <br />Date." I understand the Lender may transfer the Note, Security Instrument and this Rider. The Lender or <br />anyone who takes the Note, the Security Instrument and this Rider by transfer and who is entitled to receive <br />payments under the Note is called the "Note Holder." <br /> <br />ADDITIONAL COVENANTS. In addition to the covenants and agreements in the Security <br />Instrument. Borrower and Lender further covenant and agree as follows (despite anything to the contrary <br />contained in the Security Instrument or the Note): <br /> <br />THIS LOAN IS PAYABLE IN FULL AT MATURITY. YOU MUST REPAY THE ENTIRE <br />PRINCIPAL BALANCE OF THE LOAN AND UNPAID INTEREST THEN DUE. THE LENDER IS <br />UNDER NO OBLIGATION TO REFINANCE THE LOAN AT THAT TIME. YOU WILL, <br />THEREFORE, BE REQUIRED TO MAKE PAYMENT OUT OF OTHER ASSETS THAT YOU MAY <br />OWN, OR YOU WILL HAVE TO FIND A LENDER, WHICH MAY BE THE LENDER YOU HAVE <br />THIS LOAN WITH, WILLING TO LEND YOU THE MONEY. IF YOU REFINANCE THIS LOAN <br />AT MATURITY, YOU MAY HAVE TO PAY SOME OR ALL OF THE CLOSING COSTS <br />NORMALLY ASSOCIATED WITH A NEW LOAN EVEN IF YOU OBTAIN REFINANCING FROM <br />THE SAME LENDER. <br /> <br />MULTISTATE BALLOON RIDER <br />04/26/04 <br /> <br />Page 1 of 2 <br /> <br />DocMtJglc~ 800-649.1352 <br />www.docmag/c.cam <br /> <br />~ <br />
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