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�r <br />1 <br />FHA MORTGAGE RIDER <br />(Assumption Rider) 89--m102518 <br />(The term "mortgage" shall be deemed to include "Deed of Trust," as applicable..) <br />This Rider, dated the 12th day of May 1$9 , <br />amends the Deed of Trust of even date-by and between <br />CAROL L HERVERT the Borrower (5)'. au(C <br />COLUMBUS FEDERAL SAVINGS BANK the Trustee, and' <br />- - COLUMBUS FMIXEAL SAVINGS -BANK , -- the Lender, <br />as follows: <br />One -Time Morteaee Insurance Premium <br />1. 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 payrnents made_ under the <br />provision of.- (a) of Paragraph 2 hereof which the Leader has not become <br />obligated to pay to the Secretary of Housing and Urban Development and" <br />are deleted. <br />4. The feurtii. 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 />premnum to the Department of Housing; and Urban <br />De'velopment." <br />Assumption Ciause <br />The Mortgagee (Trustee) shall, with the prior approval. of the Federal Housing <br />Commissioner, or his designer, declare all sums secur..2& by this Mortgage (Deed of =- <br />T'rust) to be immediately due and payable if all or a part of the property is sold or <br />otherwise transferred (other than by devise, descent or operation of law) by tale <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 1? <br />months after the date of prior transfer of the property subject to this Mortgage Deed <br />o' Trust), to a purchaser whose credit has not been approved in accordance with the 15 <br />requirements of the commissioner. <br />IN WITNESS WHEREOF, the borrowers) has set his hand and seal the day and <br />year first aforesaid. <br />f3o owe° <br />CAROL L IERVERT <br />Borrower <br />St,te of N ^braska ) <br />County Of HALL ) <br />The foregoing; instrument was acknowledged before me this 12th day of <br />May-- - • I V J bX;AKUL L W KVL. K'1' <br />A SINGLE PERSON <br />Witness my hand awl notarial sea) at GRAND ISLAND <br />in said county, the ddtc• aforesaid. <br />;gay c ornin?s"16n explucs: <br />!i ftMERTA L. ILEW a- RULU- tUA 11 HELD <br />nolvi <br />ll�t <br />CCU, <br />I <br />