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<br />200611588 <br /> <br />~IN: 100488910115406653 <br /> <br />PREPAYMENT RIDER <br />FIXED RATE 2ND LIEN <br /> <br />This prepayment Rider is made this 28th day of December 2006 , and is incorporated <br />into and shall be deemed to amend and supplement the Promissory Note (the "Note") and Mortgage, Deed of <br />Trust or Security Deed (the "Security Instrument") of the same date given by the undersigned (the <br />"Borrower") to secure repayment of Borrower's Note to <br />New Century Mortgage Corporation (the "Lender"). <br /> <br />To the extent that the provisions of this Prepayment Rider are inconsistent with the provisions of the Note <br />and/or Security Instrument, the provisions of this Rider shall prevail over and shall supersede any such <br />inconsistent provisions of the Note and/or Security Instrument. <br /> <br />In addition to the covenants and agreements made in the Note and Security Instrument, the Borrower and <br />Lender further covenant and agree as follows: <br /> <br />6. BORROWER'S RIGHT TO PREPAY <br />I have the right to make payments of principal any time before they are due. A prepayment of all <br />the unpaid principal is known as a "full prepayment". A prepayment of only part of the unpaid <br />principal is known as a "partial prepayment". <br /> <br />Except as provided below, I may make a full or partial prepayment at any time. If I make a <br />partial prepayment equal to one or more of my monthly payments, my due date may be advanced no <br />more than one month. If I make any other partial prepayments, I must still make each later payment <br />as it becomes due and in the same amount. I may make a full prepayment at any time. However, if <br />within the first 2 year(s) after the execution of the Security Instrument, I make any prepayment(s) <br />within any 12-month period the total amount of which exceeds TWENTY PERCENT (20%) of the <br />original principal amount of this loan, I will pay a prepayment charge in an amount equal to the <br />payment of six ( 6 ) months' advance interest on the amount by which the total of my prepayment(s) <br />within that 12-month period exceeds twenty percent (20%) of the original principal amount of this <br />loan. <br /> <br /> <br />Borrower accepts and agrees to the terms and covenants contained in this <br /> <br />ti Lt. ~ tJd/AU Cff1~ <br /> <br />Alice E. Schune~an <br /> <br />NCMC <br />Prepay Rider - Fixed 2nd (Multi state) <br />RE-119 (012197) <br /> <br />1011540665 <br /> <br />Page I of 1 <br />