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. _ � � <br /> ,90��.OQ34� <br /> FHA MORTGAGE R1DER <br /> � (Assumption Rlder) <br /> (The term "mortgage" shall be deemed to include "Deed of Trust," as applicsble) <br /> This Rider, dated the 19th �ay oi Januarr 19 9�� amends <br /> the Deed of T�ust of eve� date y an etw•ee� <br /> KURT 0 FRANKLIN AND SHANNAN K FRANKLIN � the Bo��owe�(S�, and <br /> � tF�e Tirustee�and <br /> � the l.ende�, <br /> as ol ows: <br /> One-Time Mo�tstaAe Insurance Prcmium <br /> 1. Subseciion (a) oi Paragraph 2 is dcleted. <br /> 2. Subsection (c) U) oi Paragraph 2 is deleted. <br /> 3. In the third sentence of Pa�agraph 3, the words "all payment� made unde� the <br /> . p�ovision of (a) of Parag�aph 2 hereof which the Lende� has �ot become abligated <br /> to pay to the Secretary of Housing and Urban Oevelopment a�d" are deleied. <br /> 4. The fourth sentence o: Paragraph 3 is ame�ded by insertion of a period after ". . <br /> . . then remain;ng unpaid unde� said N�tt" and deletion of the remainder of the � • ," <br /> sentence. <br /> 5. Parag�aph 12 is amended by the addition ai tha following: <br /> "This option maY not be exercised when the ineli¢ibiliiv i_ :� � <br /> . for insurance under the Natianal Housing Act is due to +�m,-_ <br /> the Lender's failure to remit the mortgage insucanee � ._-' <br /> premium to the Department of Housing and Urban ----- _ <br /> � Oevelopment." <br /> � <br /> . . � <br /> Transfer of Property Clause ;� - <br /> } The mortgagee shall, if permitted by applicabJe law and with the prior approval oi the � <br /> � Federal Housing Commissioner, or his or her designee, declare all sums securcd by this '�� <br /> . ;—. <br /> � mort a e to be immediatel due and a able if a!1 or art of the ro ert is sold o� otherwise ��3t`=- <br /> $ 8 Y P Y P p P Y , �e;, <br /> transfer�td (other than by devise or descent) to a purchaser ar grantee who does not occupy the ; <br /> property as his or her principal or secondary residence, o� to a purchaser or g�antee who does . � <br /> so occupy the propecty but whose credit has not been approved in aCCOrdance with the _._, <br /> requirements of the Commissior+e�. <br /> IN W1TNE55 WHEREOF, the borrower(s) has set his hand and seal the day and year Sirst <br /> aforesaid. <br /> `��..���.�--�-� <br /> Bor�ower <br /> C' . <br /> � <br /> :_ _-___- <br /> Barrower SHANNAN K FRANKLIN � <br /> S:ate of Nebraska ) � . <br /> � § ' � <br /> County of HALL � � ' <br /> L The foregoing instrument was acknowledged betore me this 19t h day oi Y � <br /> January , !9 90 � by KURT D FRANKLIN AND SHA A - A KLIN <br /> �IllSBAND AND W1FE . <br /> � <br /> ��Jitness my hand and nata�ial seal at 6RpND ISLANt� �� <br /> �n said county, the date aioresaid. , _,�,� <br /> � ' � ) : ., <br /> �. / /. <br />. My comm,ss,on expires: ,,i�'��C�{,�G �/�- ✓ ��c l �� <br /> JUl Y :�0, 1 q9U . , ; � No ary u ic <br /> . .. �,� ,._ t�'era i.15.� �.e�, ROF1f'RtA 1 F1FF{) <br /> :.�. . �. t.�' � '- .. � ` � <br />