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<br /> FHA MOItTGAGE RIDER �" � 1 O O���
<br /> (Assurnptior. Rider)
<br /> r
<br /> � (The term "mortgage" shait be deemed to includ� "Deed oi T�ust;' as applicabte) ,
<br /> This Rider, dated the 31st day of JanuarY 19 9_� amends
<br /> the Oeed oi Trust of even date y an etween .� . ,
<br /> LARRY B RLMIGE AND VELDA R RUNGE the Borrower(s),. .a.�: ,
<br /> UMBUS F DERAL AVIN6S 8 • � �'��°i�•``�
<br /> COL U F AL. r �. .� . ! r
<br /> _ as ollows: '
<br /> � .
<br /> . . One-Tir�i:: t��or���� Insus=.��e Prerrrtt�rttr: � . _ . .
<br /> . : .t: ..�;�.�tia� F�ta�•nf Paragraph Z is ch;�.tted. � . � . �- �
<br /> �.. ��:.i�;.�ctien ;c} (1) of Parag�ap��, ,� is delete�. _ � � � ,
<br /> � ;. �i� s�ze third sentence �f Fa���-�:�� �t rJaa words "at! pa�!�r;.e��rts made undee �tie - . �
<br /> � provision af ��? of �ar¢�ra�ph � t�.u��af v�Ericn thz �.�r.der t�����sL becerr�e obligated .
<br /> � . to pay to t3i��:cr_��:�r cf t-Ia�cn,� and Us6an Deve�u;�sn.�nt �er.,��' are de:eted. ,
<br /> � 4. The fourth ��.�P�� af Parag�ap�i 3 is amcnded by insertian a� a ger3ad after ".. .. �
<br /> . . then remaining ursF:r";d under said Not�" and delation mi t1�e remaindec af th�
<br /> sentence. '
<br /> 5. pa�ag�aph 12 is amendsd by tha additimn oi tha €ollowings
<br /> � �
<br /> "This option may not be exercised when the ineligibility
<br /> for insurance under the Plationa! Housing Act is due to
<br /> thc Lender's failure to remi� the mortgage insurance ,
<br /> premium to the Department of Housing and Urban
<br /> "� Devetopment." _ --
<br /> t ;..
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<br /> � Transier oi Property Clause �
<br /> The mortgagea sh��l, if permitted by applicable law and with the prior approval of thc
<br /> Federal Housing Commissioner� or his or her desi�n�e, declare all sums secuced by this �►�:
<br /> mortgage to b� immediatcly due and payable if all a� part oi the property is sold or otherwise �
<br /> transferred {other than by devise or descent� to a pucct+aser or grentee who doe9 not occupy the
<br /> � pro�eE-�y as his or her principal or secortd��y. �eside��e� or to a purchaser or grantee who does ,
<br /> so c;.Lupy the property but whose credit has not been approved in aceordance wlth the
<br /> requirements of the Commissioner.
<br /> � lN W1TNE55 WHEREOF, thc bor�vwer(s) has set his hand,and sea) the day and year iirst
<br /> �:.. aforesaid. �
<br /> �t c ..�n
<br /> eorrower -
<br /> `�`�-
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<br /> BCY'IOWCr`������R�F�i�~ � ,
<br /> Stat� of Nebraska )
<br /> � � .
<br /> County of �"� } � �
<br /> ! The ioregoing instrument was aeknowle d b to e a t s ��`'t day o! Y
<br /> L �ani�ary , t9 �o � by ���Y e �tU��� a��v��.o
<br /> �a��ivllt� �iAl� iil� � R
<br /> Witness my hand �nd notarial seal ut __rc,e�r, i�, �v,�n , ��t
<br /> sn sacd ceur�ty, the date �torts�id. _ ,�
<br /> ��. , ,� �� _ ,; �. .,
<br /> '1y Cpmrnis5tor� expittsi __ _- 'f � { f ' '
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