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--_ - .,.�.�___ I � <br /> RH•RECOROED <br /> -- � <br /> ��"-" 1 V��V Q <br /> F'HA MORTGAGf_ RInCR ♦ <br /> (Assumptian Ridcr) �4'� .i,Q��Q� <br /> � (7hc term "mori�a�c" shail bc d�cmed to inelude "l]ecd at Trust�" as ap�licable.) <br /> � l'his Ride�, daMci the 26th ciay ot rta,y___ i$y • <br /> amends the Decd of 7'rutit ot even date by and betweeai <br /> � J�S A SWANSON AND ffiNERLY J SidAHSON , the Borra�vcr{s), and <br /> �W,, �,, �y���p��qp���c Trust�c, and <br /> COLUMBUS FBDERAL SAVINGS BANK , the L.ender, <br /> � ; as ioUows: . <br /> i <br /> i <br /> i <br /> i One-Time Mo�tgage insurance Premium <br /> , 1. Subsection (a) oi Para�raph 2 is deleted. <br /> ; 2. Subsection (c) (q of Parag�aph 2 is deleted. <br /> ! 3. In the third sentence af Pa�agraph 3, the words "all payments made under the <br /> i provision of (a) of Parag�aph 2 hereoi which the l.ender has not becom� <br /> obligated to pay to the Sec�etary of Housing and Urban Development and" <br /> � are deleted. <br /> 4. The fourth sentence o! Paragraph 3 is amended by insertion of a period afte� <br /> " . . then remaining unpaid under said Note" and deletian of the remainder <br /> of the sentence. <br /> � 5. Pa�agraph 12 is amended by the additio� of the followi�g: <br /> "This option may not be exe�cised whe� the ineli�ibility � ' <br /> '. ." for insurance under the National Housinp Act is due to ; ' <br /> � the Lende�'s failure to remit�'tHe mort�age insurance � .�- <br /> premium to the Department:° of Housing a�d U�ban �, ' <br /> - ---• Develonment." � - - - �� � - ° <br /> - - --. . _ . - - - - - - - - -- -.. _ __ <br /> . . � _. <br /> I , ' :' <br /> 1 Assumption Ctause • � .i <br /> ; ; - - <br /> , .. <br /> The Mortgagee (Trustee) shall, with the prior approval of the Federal Housin� s <br /> ' Commissioner, or his desi�nee, declare all sur�s secured by this ;Mortgage (Deed of <br /> 1 Trust) to be immediately due and payable if a�l or a p�rt of thei prbperty is sold or <br /> otherwise transferred (athe� than by devise, descent or operatibn �of taw) by the . • _ <br /> Mortgagor (Trustor), pu�suant to a contract oi sale exeEuted not later tltan 12 � <br /> ; months after the date of execution of this mortgage or not later than 12 � <br /> ; months after the date of prior transfer of the property subject to this Mortgage Deed z— <br /> of Trust), to a purchaser whose c�edit has not been approved in accordance with the :., <br /> requirements of the commissioner. �_ <br /> - , <br /> 1N V�ITNESS WHEt2EOF, the borrower(s) has set his hand and seal the day and . <br /> year first aforesaid. � <br /> � ' . .. <br /> � _ ,` . <br /> % 1 <br /> / !. <br /> '�flCto � � �,.�Y•������ L� <br /> Borrowe��g A SWANSON <br /> . �. <br /> � 1 <br /> � ' . orrowe y J SWANSON <br /> State of Nebraska ) <br /> � § �-:- -_---- <br /> ' County ofHAI'L ) i <br /> The foreRoinK instrumcnt was acknowlec! ed before me this 26th day of { <br /> May � ��9 � b�At�E S A SWAN�ON ANA B�VERLY J S�R�A— � ,�•, <br /> - �• - -- - - —-- - <br /> L1Vitness my hand and notarial sral at GRAND ISLAND ` <br /> in said cvunty, the d�tc aforesaid: ^ <br /> 9 <br /> 9 �/ ,�-/ � <br /> ---- ' r . <br /> ��� My rarnrni�,sion cxpirc�5: CV ,�1. tT � �. <br /> .,"`'°`�,." r . . Not� rY t���blic ------ - <br /> — �r,GINEt�AI KUrAr,Y-srare�;f F�:��� ca i RUBF.RTA L RF.ED <br /> � RQHER7h l.4iscti <br /> "'�:t�' �'i G��'� tix� Irty 30 ��r�. ► <br /> «���..—.::r:._x =:-•- � <br /> - � . <br /> ,,1��r f, <br /> `£ <br /> r f � <br /> :r�'p, <br /> �'.{] <br /> _ <br />