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I <br />89_ 103220 <br />FHA MORTGAGE RIDER <br />(Assumption Rider) <br />(The term "mortgage" shall be deemed to include "Deed of Trust," as applicable.) <br />This Rider, dated the d day of ,tune 19_U-9 <br />amends the Deed of Trust of evert date by and between <br />�ICEL n)3c]tra! a MkRX M .parrSSE , the Borrower(s), and <br />_co •INr^S AND r.[LN •C SM TATION , the Trustee, and <br />CoLplinvt Ban the Lender, <br />as followat <br />One -Time Mortgage Insurance Premium <br />1. Subsectim (a) of Paragraph 2 Is deleted. <br />2. Subsection (c) (1) of Paragraph 2 is deleted. <br />3: In the third sentemca of Paragraph 3, the words "ail payments made under the <br />' provision , of (aA 'et• Paragraph 2 hereof which the Leader has not become <br />obligated to p# •tm the 'Secretary - of Housing and Urban Development and" <br />are deleted. <br />4. The fourth 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 />:. S. Paragraph 12 is amended by the addition of the following: h: <br />"This option may not- be exercised when the inellgibit'ity <br />for insurance under the National Housing Act is: due,lo <br />} the Lender's failure to remit the mortgage insurance i <br />? premium to the Department of Housing and Urban <br />Development," - <br />Assumption Clause <br />The Mortgagee (Trustee) shalt, with the prior approval of the Federal Housing <br />Commissioner, or his designee, decWe all sums secured by this Mortgage (Deed of <br />Trust) to be immediately duty 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 - *q " <br />Mortgagor (Trustor), pursuant to a contract of sale executed not later than 1� <br />months after the date of execution of this mortgage or not later. than " <br />months after the date of prior transfer of the <br />p property subject ��m this Mortgage ea@�,�" ' <br />of Trust), to a purchaser whose credit has not been a proved ut;. accordance with the <br />requirements of the commissioner. y. <br />IN WITNESS WHEREOF, the borrower(s) has set his hand and seal the day aitd 4 <br />year first aforesaid. <br />r wer <br />JOEL D ROUSE <br />56rfrWer ��M ROUSE <br />State of Nebraska . ' ) - <br />County of HALL ) <br />The foregoing instrument was acknowledged before me this 23rd day of <br />Jwraa_ , !9 84- --- -' by _iarz__= n;= r'c'P- -��aRY is 1,N162 <br />wt:crauytn �Nn yr <br />LWitness my hand and notarial seal at GRAND ISLAND <br />in said county, the date aforesaid. <br />My commission expires: 'j "{ {_� �CL, ✓j - - =� C. f (� �✓ <br />JULY 30, 1990 „�•, Not ry f'i,hlir r <br />Eitd,'�i1TA L. RED <br />to ROBF RTA L KFED <br />