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c <br />f <br />L <br />89.... 1033V <br />3157666 <br />wwwwwwwwwwwwwvrw *rew + cww+rww <br />* FHA CASE N0. <br />* 321- 1330736 -703 <br />wwww *w,kwwwwwarvw *w *wss *wrr* <br />MORTGAGE INSURANCE PREMIUM RIDER <br />This Mortgage Insurance Premium Rider is made this 23rd day of <br />June, 1989 amends. and is incorporated into and shall <br />be does" to include all provisions of the Deed of Trust /Mortgage <br />(the "Security Ixtstrument ") hereinafter referred to except as <br />modified heroka.., of the same date, given by the undersigned (the <br />"TrustQr /Mortgago,c, "I` to secure Trust.or's /Mortgagor's Note to <br />Homestead Savings. a Federal Savings and Loan Association. <br />(the "Lender /Mortgagee "). of the same date: <br />1. Section 2 (a) (I) (11) Delete this subsection in its entirety. <br />2. Section 2 C. (i) Delete this -subsection in its entirety. <br />3. a. Section 3 Delete in lines 19. 20. and 21. the phrase "all <br />payments made under the provisions of (a) of .paragraph 2 hereof <br />w6i,cb the Lender 'has not becomoe obligated to <br />pay to the Secretary of Housing-and Urban Developnent and ". <br />b, "ection 3 Delete in lines 31.'and 32.the phrase. "and shall <br />e�.rtg._aajuat anv navients wtxich shall have been made under <br /><a of paragraph 2." <br />�. paragraph lz is inCOrDOrated herein except that it also shall <br />include the following additional provision: This option may not <br />be ssercised by the mortgagee when the jaeligi.bility for <br />insurance under the National Housing Act is:4UO to the <br />mortgagee's failure to remit the mortgage insurance premium to <br />the Depajptment of Housing and Urban Development. <br />s. 'Poe identity of all sections and subsections affected by the <br />changes in this rider should be re- identified.'.as necessary Ail <br />order to account for tho deletions and changes. <br />IN WITNESS WHEREOF ..Trustor(s) /Hortgagor(s) has (!rave) executed this <br />Mortgage insurance Premium Rider. <br />Signature of rusto s) /Mortgagor(s): t <br />-- - --� �1!'f! -------- - - - - -- DIANE E. NEWTH - - - -- <br />o0#814/6/89 <br />WE HIP RIDER <br />a.. <br />,i <br />