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200500825 MORTGAGE INSURANCE RIDER LOAN NO. 54029457 This Mortgage Insurance Rider is made this 24TH day of SEPTEMBER, 2004 , and is incorporated 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 Borrower's FIXED RATE [identify type of note, e.g. fixed rate] note (the "Note ") to Freedom Mortgage Corporation ( "Lender ") of the same date and covering the property described in the Security Instrument and located at: 1103 S PINE ST GRAND ISLAND, NE 68801 [Property Address] The Security Instrument is amended by adding the following at the end of Section 10 (if the Security Instrument has a form date at the lower right corner of 3/99 or later) or Section 8 (if the Security Instrument has a form date at the lower right corner that is earlier than 3/99): Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Borrower does not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter into agreements with other parties that share or modify their risk, or reduce losses. These agreements are on terms and conditions that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the mortgage insurer to make payments using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance premiums). As a result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any other entity, or any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that derive from (or might be characterized as) a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agreement provides that an affiliate of Lender takes a share of the insurer's risk in exchange for a share of the premiums paid to the insurer, the arrangement is often termed "captive reinsurance." Further: MULTISTATE MORTGAGE INSURANCE RIDER - Single Family - Fannie Mae UNIFORM INSTRUMENT FNMA3160 (6/00) Page 1 of 2 FORM 3160 4/00