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to ;,yf. <br />r <br />L <br />r- --1 <br />FIIA MORTGAGE RIDER ♦♦ <br />(Assumptuin Rider) 89.,.,. 102 `t»�.l♦ <br />-V <br />(The term "mortgage" shall be devilled to Include "herd of Trust," is applicable.) <br />This Rider, dated the 26th day of May <br />amends the Deed of Trust of r•vi:n cfatc by and between <br />NOM&N A KOCHICK AND SUSAN G KOCMICK , the ftorrower(s). ,n td <br />CUE —U JJUS FEDERAL SAVINGS BANK , the Truster, ,roil <br />COLUMBUS FEDERAL SAVINGS BANK �- " ____. _ __ the Lrndta, <br />Ws follows: - -_ <br />One-Time Mortgage Insurance I'rernmin <br />I. Subsection (a) of Iaragraph 2 rs deleted. <br />2. Subsertion (c:) (1) of Paragraph 2 is deleted. <br />3. In the third sritle rive of Paragraph 3, the words "all payments made under the <br />provision of .,u), of Paragraph 2 hereof which the Lender has not become <br />obligated to pay to the Secretary of Housing arid Urban Development arid" <br />are deleted. <br />�. The fourth sentence of Paragraph 3 is amended by insertion of a period after <br />. then remaining unpaid under said Note" and deletion of than remainder <br />of the sentencei <br />S. Paragraph 12 is amended by the addition of the following: <br />"This option may not be exercised when the ineligibility <br />for insurance tinder the National Housing Act is due to <br />the Lender's failure to remit the mortgage insurance <br />Ixenuurn to the Department of Housing and Urban <br />Assutnntton Clatase <br />The Mortk,agc•e (Trustee) shall, with the prior approval of the Federal Housing <br />t'ommissioner, or tics designee, declare all sums secured by this Mortgage (Deed of <br />Truest) 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 the <br />-Mortgagor (T'rustor). pursuant to a contract of sale executed not later than 12 <br />r>s oriths.after: the date of execution of this mortgage or not later than iz <br />months after the date of prior transfer of the property subject to this Mortgage Deed <br />of. Tirusi).. 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 />BorroweNORMAN A KOCMICK���'�- <br />. i <br />fiorr0wC%1JSAN G KOCMICK <br />Stste of ,Ke br'aska <br />County ofH"f' : ) <br />The faire p.jn •' - lbth <br />g.' �; tr-arnent w �Ckkn w11���t)i t, •ff re I , t us I,.y ,.1 <br />Hay 9 lttwtN RZ7C�I �K N� St1 N c: KUF;lt�E;K <br />b <br />Hd'.Ffllk#@ <br />WItncm r11ry $cvid .jo(l notarial seat at GRAND ISLAND <br />In %,.uef euutdt:grY t�Ir- r;a'CC•,siirJ.r.'tk,,iiel. - - -- t• <br />E,rt?F�4d. i'trr.r �'i of tl.'re.As 31 ittfA• �tltil r 1� <br />W�IE iTA,L..ACkD <br />.Ii t??J <br />• n.yii.rr,x <br />