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<br /> FHA MORTGAGE RIOER ' �`°
<br /> � (Assumptian Ride�} �
<br /> �Tbe term "mottgage" shall be daemed to include "Daed of Tr��t," as apptl�able)
<br /> This Ridet, dated the 26th day of Februarr I9. �'sa � amends `
<br /> the Deed of Trust of even date�and�etween
<br />- TIMOTHY M NAEVE At1D GRACE E NAEVE � thet: 8orroar�al�. a,�t�
<br /> COLUhBiJS FEDERAf. SA Ifv S BANK � ' � � t11e�-'.�i:�.��;�`1'dl ' ,-'
<br /> � � ��L�i�.S FE�EF�.=.sL".��±�'sl±�l.���BA.�. ,,:� `. . ::�9J9� �,alder,
<br /> ' . .. � f�i��'�� . . . .•
<br /> ' • ,
<br /> One-Timc tilortgaRe [nsuran�e Premiurn
<br /> t. Subsection (a) ut Paragraph 2 is deleted. "
<br /> - 2. Subsectinn (cI (1? of Pa�ag�aph 2 is delcted. .:
<br /> 3. In thc third sentence oi Paragraph 3, thc wo�ds "all pa��m�ant� made under the
<br /> provision of (a� oi Parag�aph Z hercoi which the Lend�r fi�� �ot become obligased
<br /> - ta pay to the Secretary oi Housing and Urban DevelopmeM and" are deleted.
<br /> � 4. Tha fourth sentence of Paragraph 3 is amended by inserti�n:o4 a period aiter ". .
<br />_ . . then ramaining unpaid under said Note".and deletion of.�tha remai�dar oi the �
<br /> sent�nce. . ,
<br /> S. Pacagraph 12 is amendcd by the addition of the followinEs,
<br /> "This option may not be exercised when the ine►ligibility +
<br /> for insurance under the Nationat Housing AGt is due to
<br /> , the Lender's faelu�c to remit the mflrt�age ichsurae��� ;:.,,:
<br />_ premium to the Department of Housing and Urt��� �`'``-
<br /> Devetst�rnent."
<br /> :.;..
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<br /> Transier of Property Clause ��
<br /> Tti�e mortgagee shall, if permitted by applicable !�w and �u�oth the prior a����wal ot t�e
<br /> , Feder�: Housin� Commissioner, oc his o� her designre, declare all sums seca���d by t�rs
<br /> � mortgage to ba �m�mediately due ac�� payable ii aU o�• p.�rt'o! the propes�� is sold c� othersav�s� ��'�.
<br /> transf�r;ed (other than by devise or ��scent) to a p;:r c!����er or gcantea w3�� a:�es r�S oCCUpy the
<br /> - � prope�t��r as his or her principal or se�ondary resicicn�r,.or to a pur�haser or grar�:.t who does
<br /> so occ��y the property but whose credit has not besn approved in accordance with the
<br /> requirements of the Commissioner.
<br /> _ ;N w1TNES5 WHBREOF, the bor�ower(s) has set his hand and seal the day and year iirst
<br /> aforesaid.
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<br /> Ctat� �� Nebraska � . ,
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<br /> r..�,�.J 81 t;r�LL 3 �'' i •
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<br /> rhe foregoing instrument was acicnowled�ed before me this ?�tr' day oi
<br /> LFPhruary , ►q 9�J � by 1 tMOTHY M NAFUF AND �FtA['.�NAF�:'
<br /> H►1SFZANfI ANfy 4JI�F . <t
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<br /> — Witness my hand and notarial seal at t`�RaNC� I�! ���(r �
<br /> -,...- �n said county� the date atoresaid. ,
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<br /> � fJiy commissean expirt5: ' ��.:;{r�'� .��: 1 . � � r' i
<br /> � JI IF Y "��i. t y`II e NbtO Y U IC
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