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89102757
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Last modified
10/20/2011 1:38:40 AM
Creation date
10/20/2005 9:36:00 PM
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DEEDS
Inst Number
89102757
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`1 <br />r- <br />FHA MORTGAGE RlDr:R <br />(A %sumption Rider) <br />$9-°-102757 <br />(The term "mortgage" %hall be dedmed to include "Deem of Trust," as applicable.) <br />This Rider, dated the 300% day of May 109 - <br />amends the feed of Trust of even (late by and between ' <br />JOHN B 1EAKLAND AND JAMT L SCHNEIDER _ the Borrower(s). and <br />COLUMBW the Trusted, and <br />COLUM S tVaVTWW_ A9R _.....___ * the Lender. <br />as follows: <br />One -Time MortKage lresuranc•e Premium <br />t. Subsect6oit (a) of Paragraph 2 is del(*ted, <br />2. Subsecv%on (c) (0 ,14 Paragraph 2 is delvied. <br />3. in the third semence of Paragraph 3, the worcls "all payments madt- Onder the <br />provis:c�+: of (a) of Paragraph 2 hereof whiOA the Lender has, fit• become <br />obligat& to pay to the 5i %Ietary of Housing and Urban Dev6topiivnt and "• <br />are deleted. <br />4.. The fourth sentence of Paragraph 3 is amended by insertion of a period aUte, <br />. . then retraining unpaid under said Note" and deletion of the i emaincler <br />of the sentence. <br />35... Paragraph 12 is atnene Qd by the addition of the following: <br />7 <br />` "This option may not be exercised when the ineligibility <br />, <br />for msurartce tinder. the National Housing Act is due to <br />t�tc^_ Lender'% failuri► to remit the mortgage insurance - <br />he <br />premium to the Department of Housing and Urban <br />Development." <br />• Assumption C'lau%e• <br />The Mortgagee (Trustee) shall. with the prior approval ixl' "the Federal Housing, <br />Commissioner, or his designee, declare all sums secured by t'i,es Mortgage (Deed of <br />Trust) to be immediately due and payable if all or a p t of the property is sold or <br />otherwise transferred (other than by devise, descent or operation of `law) by the <br />Mortgagor (Trustor). pur%uarit to a contract of sale executed not later than 12 <br />.m" onths 4fter the date of execution of this mart:9;1ge or not later than 12 <br />rnonths after the date of prior transfer, of the property subject to this Mortgage Deod <br />�. <br />"al Trust), to a purcha%er whose credi.l; has not been approved in accordance with the <br />requirements of the comnroissioiter. <br />IN WITNESS WHEREOF, the.i¢orrower(s) has set his hand and %Cal the day and <br />,y6ar. first aforesauL . <br />J <br />dorm .JOHN B VEAKLAND.::,.. <br />Dorro 65ANFT L SCHNEIDER <br />State of Nebraska ) <br />) 6 <br />County of HALL <br />The foregoing in %trument was acknowledged before me till% 30th day „f <br />_ <br />199 9 b OH N B W AKLAND A SINGLE PF. RSONJ <br />� - -- - — - - - -- -- - <br />— -- -- <br />Ate: T L 3`iC�tW. A SI 9dI"MON <br />- �- <br />t %Vitne %% my hand oiid notarial %pal at GRAND ISLAND <br />- - - - -^ <br />t... to %gift i minty. the- daty afore-'aid. <br />Lit; VI y',lf "I sl't of R cihl• ATA 1. RFF:D <br />AWE 0TA L. Wf,t: <br />1 <br />
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