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u +W.r� I 89-.. 101610 FHA MORTGAGE RIDEW (Assumption Rider)- (The term "mortgage° shall be deemed to include "Deed of Trust," as applicable.) This Rider, dated the 31st day of March 1984 : amends the Deed of Trust of even date by and berueen DEMIS W STOTTS AND 1ETR G . STOTTS , , .tfte Borrower(s), and COLUMBUS FEDERAL SAVINGS BAhIiL ,. the Trustee, and COL MEUS FED61;tA.L SAVINGS MLNK the Lender, as lollowV. One -Time Mortgage Insurance (Premium 1. Subsection (a) of Paragraph 2 is del; 4"a"N"' 2.. Subsection (c) (1) of Paragraph 2 is if ked. 3. In the third sentence of Paragta�ph.r, '. ?e words ,all payiiits fti4t%. under the provision of (a) of Paragca{;tfi;`:T �,r.�.x�f .whi�li::'the Lender has not become -obligated• to pay to the SeC're -t 'ry'.-1'Q tousiijj-... iiind Urban Development and" :I ,are deleted. E fourth sentence of Paragraph 3`is:4amended by insertion of a period after ° :.. then remaining unpaid-under said Note°! =.-Abd deletion of the remainder of the sentence. 5...Paragraph 12 is amended by the addition of the following: "This option may not be exercised when the ineligibility for insurance under. the National Housing • Act is due to the Lender's faiiuro '6 remit the mr* %age insurance premium to the , Department, of Hdxja iuhg and Urban Development." Assumption Clause The Mortgagee (Trustee) shall, with the prior approval of the Federal Housing Commissioner, or his designee, declare all sums secured by this Mortgage (Deed of Trust) to be immediately due and payable if all or a part of the property is sold or otherwise transferred (other than by devise, descent or operation of law) by the Mortgagor (Trustor), pursuant to a contract of sale executed not later than 12 months after the date of execution of this rnortgs-tge or not later than months after the date of prior transfer . of the. ,property subject to this Mortgage Deed of Trust), to a purchaser whcrv— credit has not been approved in accordance with the . requirements of the commisz4o.co -c. IN WITNESS WHEREOF, the borrower(s) has set his hand and seal the day and year first aforesaid. ell rroweri'j0 N1S W STOTTS Az�e, Borrower BETH C STOTTS State of Nebraska ) County of HALL ) The foregoing instrument was acknowledged before me this 319t day of Etsrctf , 1989 , byuEWHIS W ST tIS AND fSEiii C STO'TS • flUSIAND AND WIFE Witness my hand and notarial seal at GRAND 1Sf.AND in said county, the date aforesaid. My commission expires: ~f�K11�NRX f- sultN1"U I '� Et08EifTA L. REED Not ry Public. Etta E R TA L RU D