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89102416
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Last modified
10/20/2011 12:28:38 AM
Creation date
10/20/2005 9:32:27 PM
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DEEDS
Inst Number
89102416
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102418 <br />FHA MORTGAGE RIDER <br />(Assumption Rider) <br />(The term "mortgage" shall be deemed to include 111)eed of Trust," as applicable.) <br />This Rider, dated the 10th day of May 109 <br />amends hep� ed of Trust of even date by and between !? <br />PAUL R EFIELD , the Borrower(s), and <br />the Trustee, and <br />L. the Lender, <br />as follows: <br />Ore -Time Mortgage insurance Premium <br />1. Subsection (a) of Paragraph 2 is deleted. <br />2. Subsectian (c) (1) of Paragraph 2 is deleted. <br />3. In the third sentence of Paragraph 3, the wo,�dx "all ,payments made under the <br />provision of (a) of Paragraph 2 hereof. whic#t the Lender has not become <br />obligated to pay to the Secretary of. ;ijousing and i3rban Development atnd" <br />are deleted. <br />4. The feurth sentence of Paragraph 3 is amended by insertion of a period after <br />" then remaining unpaid under said Note" and &7viion of th. remainder <br />of the sentenCQ. <br />5. Paragraph 12 is amended by the addition of .the follozi- ng: <br />"This option may nm be exercised )theca:. the ineligibiliv/ <br />for insurance under Whe National Housing Act is'C-ic.tO <br />the Leni{er` s failure to re7r,LLt the mortgage M5L;. ance <br />premium to the Di4artment of Housing and Urban <br />nevelopment." <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) io be immediately due and payable if all or a part of the property is sold or <br />otherwir�e transferred (other than by devise, descent or operation of law) by the <br />Mortgagor (Trustor), pursuant to a contract of sale executed not later than) 12 <br />months after the date of execution of this mortgage or not later than <br />month) after the date of prior trarTrter of the property subject to t1'.ii5 Mortgage Deed <br />of 'Fr'u`it), to a purchaser whose credit has not been approved in a•1cordance with the <br />requ;rem -Ints of the commissioner. <br />IN WITNESS WHEREOF, the borrower(s) has set his hand and seal the day and <br />year f+r!st aforesaid. <br />BorrowcgpAUL G.. E1PFIEL <br />Borrower <br />State of Nebraska ) <br />County of HALL ) <br />The foregomg instrument was acknowledged before me this loth day of <br />. 1 %9 + fi}PtYiiL R St F1L%IT <br />A S NG U P RSON � <br />L Witness my hind and notartal seal at GRAND ISLAND <br />in said county, the date aforesaid. <br />'t1y cotpi i -,Yon c'xl�trc•,: <br />i:t� ?ii Lu�tO.Eit•;,iZ'! a! M� ;;:» � <br />L <br />r <br />i�Ut<l y' i'ett�hr <br />kGi -;R7A 1. W-FD <br />.Y', <br />. <br />
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