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89102145
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Last modified
10/19/2011 11:28:47 PM
Creation date
10/20/2005 9:29:32 PM
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DEEDS
Inst Number
89102145
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:` , -• _..�. ,.r ,- <br />FHA MORTGAGE.RIDER <br />(Assumption Rider) - <br />(The term "mortgage" shall be deemed to include "Deed of Trust," as applicable.) <br />This Rider, dated the 27th day of April 199 <br />dEgj�j �h�iRof f v by and between <br />!� 'A�SEFt <br />- r the Borrower(s), and FED6 h SAVINGS • NB �43- &GSOG�63 the Trustee, <br />and <br />COLUMBUS FEDERAL SA , the Lender, <br />as follows: <br />One -Time Mortgage Insurance Premium <br />I. Subsection 'a) of Paragraph 2 is deleted. <br />2. Subsection (c) (1) of Paragraph 2 is deleted. <br />3. In the third sentence of Paragraph 3, the words "all payments made under the <br />i provision of (a) of Paragraph 2 hereof which the Lender has not become <br />3 obligated to pay to the Secretary of Housing and Urban Development and" <br />are deleted. <br />4. The fourth sentence of Paragraph 3 is amended by insertion of a period after <br />". then remaining unpaid under said Note" and deletion of the remainder <br />of the sentence. <br />5. Paragraph 12 is amended by the addition of the following: <br />"This option may not be exercised when the ineligibility <br />for insurance under the National Housing Act is due to <br />the Lender's failure to remit the mortgage insurance <br />premium to the Department of Housing and Urban <br />Development." <br />Assumption Clause <br />The Mortgagee (Trustee) shall, with the prior approval of the federal Housing <br />Commissioner, or his designee, declare all sums secured by this Mortgage (Deed of <br />Trust) to be immediately due and payable if all or a part of the property is sold or <br />otherwise transferred (other t )an by devise, descent or operation of ;a%y by the <br />Mortgagor (Trustor), pursuant to a contract of sale executed not later 'than <br />months after the date of execution of this mortgage or not later than i2 <br />months after the date of prior transfer of the property subject to this MortgaFc-(Decd <br />of Trust), to a purchaser whose credit has not been approved in accordance with the <br />requirements of the commissioner. <br />IN WITNESS WHEREOF, the borrower(s) has set his hand and seal the day and <br />year first aforesaid. <br />BorroweltlCHARD L GLASSER <br />BorroweTINA M CLASSER T <br />iState of Nebraska ) <br />County ofHALL ) <br />The foregoing nstrurncnt was a k owl d before m this 27th day of <br />April 1 9 b1tiCtiARD L.�L ER AND TI�A M GLh93L'R -- <br />H H 6MND -rkNB- iii f'6-- -' Y <br />Witness my hand and notarial seal at GRAND ISLAND <br />in said county, the dote aforesaid. <br />My cornrnrssion ex >ir <br />GEwk WARY•StAt of p `1� U� <br />ROBERTA L. REED U li 3 Lb�2EED <br />MY Comm. E4. Joly 30. 1%0 <br />
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