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F FHA MORTGAGE RIDER 89---t 10.31 g o (Assumption Rider) (The term "mortgage" shall be deemed to include "Deed of Trust," as applicable.) This Rider, dated the 23rd day of June 19 89 am Wnediss the d of Trust of even date by and between �Oit1t D H NKLE AND BONNIE M KURZ , the Borrower(s), and the Trustee, and the Lender, as follows: One -Time Mor. tga&e Insurance Premium 1. Subsection (a) of Paragraph 2 "is 'deleted. : .2. Subsection (c) (1) of Paragraprr 2 is deleted. 3. In the third sentence of P'zc rapit, 3, the words "all payments miWe under the provision of (a) of Paeai lAf .2. hereof which the Lender has „not become obligated to pay to the Set~rry of Housing and Urban Development and” are deleted. 4. The fcksrth sen.teiice of ' Paragraph 3 is amended by insertion of a period after : "... then Him' wining unpaid under said Note" and deletion of the remainder of the sentence. S. "Paragraph 12 is amended-by the addition of the following: "This option may not be exercised when the ineligibility for insurance under the National Housing Act is due to the Lender's failure to -the mortgage insurance premium to the Departmeft : -o€ Mousing and Urban Development." Assumption Clause .The Mortgagee (Trustee) shall, with the prior approval of the Federal Housing Commissia er, or his designee, declare all sums secured by this Mortgage (Heed of Trust) to'. be immediately due and payable if all or a part of the property is sold or otherwise tractsterred (other than by devise, descent or operation of law) by the Mortgagor (Trustor), pursuant to a contract of sale executed not later than 12 months after the date of execution of this mortgage or not later than ;Z r 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 requirements of the commissioner. - 1N WITNESS WHEREOF, the borrower(s) has set his hand and seal the day and year first aforesaid. Borr eV JOHN D HINKLE Borrower BONNIE M KURZ State: of Nebr ) Lour iC , of HALL ) : The foregoing instrument:...'" acknowlpdged- bgfore me this 23rd day of Je► 19 89 ;: by JOHN ,, D SINGLE. PERSON t I N67. r-PERSI* Witness my hand and fiolariak seal at in said county, the date aforesaid':: Myy cor orritssion ex Tres: 3ULY 30, 1990 ,...u�.R. -..� >...:. _ ..... #' ROBERTA L. REED • ;�:"� VY Cana►. fry h� 31 105 GRAND ISLAND aYle t&_ _ f lublic ROBE RTA L Rtiff D