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<br />In addition to the provISions contained in the Rid..., t"iSA~a.~~~',~~!
<br />permit the Borrower to convert the adjustablerate.laan intoClil:x~d:rllt.il."eF
<br />payment, fully amortizing loan.
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<br />THIS ADDENDUM TO' A[)JUSTABL~/ATE' RlDEROR. GR.ADUATEf)eJ\~M~~Y
<br />made thi, ...2."A<L day"r Hl\.U.~,t:"H""" 19H,,,"..di>1I1(:()rr~ifatedjni,,anli';liaU/ ...... ...... ....
<br />suppkment IhcAdjustable RaleRider urGradualedl'aymentR,der(theHRider'TlOt' .'
<br />Deed IO.Secure Debt (the "Security Instrument"), c'aeh or which bear~lh".;am.' .
<br />undersigned (Ihe" 8("ru,,:"''') tn ,ecureBnrrojy{J"sAdju'table R"le Note orGraduatedP
<br />H'''..'........"..,......,~1.-c:>r:..~:r:t:9.'i~E!'...,.,c.......,..,.. .,......,....,',........,...".",....,....',.".,..',..,.;,;,...,;.;,~fdJ~
<br />oft he same dale (I he "Nole") and cOI'eri ng Ihe prop",1 y ,bc.nbcd i nl he Sc'Curity I/litn.tm<mk~jl!ll~~~,l!t; ",,,.
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<br />2009 Stagecoach Road... (;randIsland"NE 68801 ......,' .... ..,., ... .'.... ..."...,..........
<br />............,.........'.n................ ... ['P;oP;;~ty' -Add~~;~) '.h.... ....,..., ..... ....-... :,~ ~~',~~' ", .~:: :~.L,._~.~_:._:;.:~,:~~~_._~~,~:.~~::'-7~,.._~_~_~u~~<o
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<br />ADDITIOSAL COVENANTS. In addition 10 the covenants and agreements made in-:tbe:--Security"bls_tiQ~~,..-~d:~i~~~<
<br />Rider, Borr()w~r and Lt:nder further <.:ovcnant and agree as follows:
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<br />A, OPTION TO CONVERT TO FIXED RATE; CONDITIONS TO OPTION
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<br />L Except as provided in Section A 1 belo~ and notwithsta1Hiing anything i-0 t;.-' :ontrary inthe Note_-qr:lh~_~dC;~'-"Y~Y;.,
<br />choos~ to convert my ..ldjustabie fall: IIltcrl:S~ p3~ments to fixed ,it i~.\erest payments,_ -3S- of ,tl)e:~~nt_,,;~y,::,--;of..~
<br />.Septe:nher............ 19..a7. or a" ofrhar di.;'y \)ftht,> $-rlme !ll1)rHh of each ofr-he foJlnwing ......?mnm caJendar,y~~':~clt,.:
<br />date as ofwhi~h 1 (':an dwosc to (':OIlycrl mv intcrt.:'sl payments. is called a "Conversion Date'" The last possib:le'COnv~'\
<br />Dateis...~~...........,l9..~~" , .
<br />[f I chuose ro make this convt'1'sion. J mus.t give tht..' Lender notice that I am_ doing' s.o at least 30 days before"thc-"next
<br />Conve""on Dale (Ihe "ElfeCl1ve Conversion Dale"). I alscl mU'l SIgn 'llld give to the Lender a documenl, in any form that
<br />the LcndC'r may require. ,:hanging the term!>> of the NOle as ncl't;s~ary to give effect to the conversion. Beginning with>the
<br />Effective Ci)nver~iun Date, if -such ~onvcrsion ha~ been cho~L'n. my interest rate will be equal to the--Federal-'NationaJ:
<br />Mortgage A~~()~iatlOn's publish.:u fl.-"quin:d ~el Yield for JO-Yr~J.r, fixed_ rate mortgages covered_ by 6Q..day, mandat9ry,.
<br />delivery commitments that Wa!lo in dfcCl a'::o of the date 4S days before the Effective Conversion' Oate, :'plus
<br />........:31~.................. or <>lIe percent (. _ 3I? 'H. Ifsuch rcquJredNet Yield is not available. Lender will determine my
<br />new, fixed interest rate by u~ng a l.:omparab1c tlgurc.
<br />:!. If the unpaid printIpal balance or my loan on Ihe Effectl\'e (\lIlverslIln Dale wii! be greater than Iheoriginal principal
<br />amount Df my luiom. the Lender may req,uee that a 4uahhn.l r~al C:)t;'ltC appraiser. chosen by the Lender;. prepare_'an
<br />appraisal report on the value of the ~t:~urc\J,.propt':ny. I wilJ paj tht' Lender a reasonable fee for thisappraisaI report. If the
<br />unpaid prilh.:ipai bal:Hl;,':~ of my loan ,Ill IlK ElkLUvc; CnnvL'r:"IlH\_Date will be an amount greater than 9So/Q_ofrM-V,,"ucQf
<br />the property sceufing illY luan, as est;tbll>hed by the appralSa' report, I will not have the option to convert myadjuslable
<br />faie *llit.:iOl }J<Sym-cni.... Jt:")l.:nb~J in Sct'lh\ll A 1 "om:.: LIllie...,,, i pay the Lender an amount sufficient to reduce the unpaid
<br />principal ba.Ian-":t: to lhat .U110UI'li
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<br />8, DETER:\<IIl"ATIO:" OF :"oEW PA Y\IP';T A:\IOW'J'
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<br />If I choose: to L'OIl\"cH h) a fi",-,.J f.Hc (tf nHl.:f6t a~ p1'O\ ld<:;:J III SC';.'{[~H1 A above, the Lender will then determine the amount
<br />Ofi.llhtHllhly payment tJut \~\n1!d be .,u!1i\:a:1I1 to tt.'pJ} :ll\.' tlllpitld PlHH.:ipal hulancc i)fmy loz-ml am expected to owe on the
<br />Effective ('\'U\l'i''\llm D.Ht.: lit full.)fl Ih\: 1ll<.llUrJt)- d,'I~ i.ll mj tlcv.. mlcn:sl rate in sutThlantlally t.'4ual payments. The result of
<br />thisc~lculall,-Hl 'Will he th~ He\\. :.11l1i..HHH ofms iIlUlilhl) p.1YIll~1l1 ((ht' "New Payment Amount").
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<br />c'I'AYME:"r OJ' :"EW PA Y:\IE-"'T A:\IOlSI; CO;o..Tli'\h\ nON OF FIXJ::D RATE
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<br />Beginning with my fir',a monlhl) p:.1)UH:m after lh1.' Ul":'.'l,.'li\l' Con\cr:::.ion l)atc, I will, if 1 have chosen the forgoing
<br />(,:\.JII',,'ersiofl. pay the St;" Paym;:m AnhJUll( ,!, my IlH.'ilHhl) p..1ynH:nt. and the intt:r~s( rat~ 1 pay will not change from the
<br />fixed rate t.."Stabli~h('d a~ ~~fthc EffL"\.'ll\C t \mva:iJ0ll D~ttt'.
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<br />D, PA YME1'\l' OF CO!'. VERSIOi'\ FEE
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<br />For dl{:x)sing It) t.:OU\crl Hi) ~,JJu~lablc mtefc:-il ralc pa) l1I~Hb. hI ti....cJ I J.lt: paymCH[~, ilS provided above, I will pay the
<br />lendt:f a I:.:ou\!crslou fee equal to ~.~.?_. pCJ'I.:ClH i' ..~~.?_ i;:{:J uf that part of priu':lpal that, as of the Effective
<br />Conwt>ion Dale, Ii., not been paid plu, l'S. ]; . 00,00 ...(nol 10 "'teed SIOO,oo). I will pay Ihe
<br />conversion fee on or before thcdalC ufmy t'r~t Hh)lllhi) p,-\ymr:llt ~Ifla tht Eflecti.....e Conversion Date.
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<br />Ii:. NOTICE BY LENDER
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<br />8.efore the: date-of my firsl monthly payment after the Elkl..'lli,-.- t:nJlu:r:"H,lll Date. (he 1.t~nJcr \\'111 mall or deliver to me: a
<br />notice of m) nr:w infect. os. rate as of till: E!1tx:ti\'C' (\JU\'l,"r~HHl n;J.l\.;~ lhe amount of my N~w Monthly Payment; the amount
<br />oftne conversion lee; and a dale {not latt:r than 1:\ Ja) \ fW1l1 tilt: d.ill.' (hc l.t'fh.ier ~i, l"S HIt..' the noticl~) by which I must sign
<br />und,give the tender 3_d04.'uln\:liI malollg thl.' ~hi.lHgt:' h. [ht..' NtH~ (hat un.: He.;~sS,J.r) {o pfO\'H.JC the new fixed int~rest rate,
<br />The nutlee wdllHduJl' all mforl1l..-l1WH h.:411lfl..:d b) la\\ bl\>': ~tt~1.'H me and abo th~ lItk awl tck-phollc number ora person
<br />who_will all:\wc:r any 4uc:-.liou f Ulay hu\'\' regarditl~ Ih... llnth:~'
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<br />ADDliHllUM TO AOJUSTA8U RAUtGUOUAHD PAYMENT ItlllER
<br />l_ht tnof, 'oIr.;h. f.NMA /<KM, i.,;PAkM _ilil:ora I<. i A '2 _ A,_J \,if"! j
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<br />.'oJ! jfeo.-~l.Tt Hlul.'.1, ,,,,rh CQ-n~~r:i;'Hl OphOi'l-"--lO/43
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