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ei ate' r}'.tg'.0 ra- 'Mzr�x'S, mK-'�'"�e �. � y�`` s` t Z ,�,.. FHA MORTGAGE RIl7ER t� Assumption: Wer)- (The term "mortgage" shall be deemed to include "Deed of Trust," as applicable.) This Rider, dated the 28th day of April 109 amends the Deed of Trust of even date by and between GARY Z HIPKE AND PAMELA S HIPKE the Borrower(s), and the Trustee, and COLUMBUS FELMI= SAVINGS BANK the Lender, as totlows: One -Time Mortgage Insurance Premium .- i 1. Subsection (a) of Paragraph 2 is deleted. 2. Subsection (c) (I) of Paragraph 2 is deleted. 3. In the third sentence of Paragraph 3, the words "all payments made 'tinder the provision of (a) of Paragraph 2 hereof which the Lender has not, become obligated to pay to the Secretary of Housing and Urban Developm and" are deleted. - 4. The fourth sentence of Paragraph 3 is amended by insertion of a period after . . then remaining unpaid under said Note" and 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 tinder the rational Housing Act is due to the Lender's failure to remit the mortgage insurance premium to the Department of Housing and Urban Development." Assurnotion Clause The tMortgagee (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 saie executed not later than 12 months after the ct-ttc of cxccution of this mortgage or not later than 12 months after the date of prior transfer of the property subject to this Mortgage Deed of Trust), to a purchaser whose credit has not been approved in accordance with the requi- ements of the c ^mrnissioner. IN WITNESS WHEREOF, the borrower(s) has set iris hand and seal the day and year first aforesaid. _ v` Borrowerg,W Z HIPKE 7 BorrowerpAMELA S HIPKE State of Nebraska ) HALL ) 6 County of ) 28th The foregoing instrument was acknowledged before m tthis, day of April _ 1989 b�ARY Z HIPKE AND PAME LA H IPKE- --- WitncSS my hand and notarial seal at in said county, the date aforesaid. My commission expires: ERAI N Ry-S ul 1k5 ROB ERTA L. REED My Comm, EXP, Nly 30, 11A GRAND ISLAND No it y Public RO 'R . TA L REED