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I <br />aE•RE001togo FHA MORTGAGE RInER <br />$9--- 103488 (As,urnptian Rider) 89 ' 103088 <br />(The term "mortgage" shall br dvemed to include "meet! of Trust," as applicable..) <br />Tails Rider, dated the 16th day of June 19 89 , <br />amends the Deed of Trust of even date by and between <br />Lee 0 r and Susan M Wagner, Husband and Wife the Borrower(s), and <br />Commercial a ra vi s and oan ssoc at on , the Trustee, and <br />Columbus Federal Savings Uank the Lender, <br />as follows: <br />One -Time Mortgage Insurance Premium <br />1. Subsection (a) of Paragraph 2 is deleted. <br />2. Subsection (c) (1) of Paragraph 2 is deleted. <br />3. In the third sentence of Paragraph 3, the words "all payments made Bender the <br />provision of (a) of Paragraph 2 hereof which the Lender has not become <br />obligated to pay to 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 />af the sentence. <br />S.: Pwagiaph 12 is amended by the adcli-tiaft of tim following: <br />" "This option rnay not be~.exercised when-. the ineligibility <br />fer.- insurance under the National Housing- Act is due to <br />the Lender's failure to remit the mortgage insurance <br />aremium to the Department of- Housing- and Urban <br />Development." _ . _ . <br />zn <br />.r /Assumption Cause <br />The Moitgagee (Trustee) shall,. wiih the prior approval of tiie Federal Housirijt``. <br />C.6mmissioper, or -f is designee, decfAre. all hums secured by this Mortgage.:. (Deed of <br />Rust) to` be imn fiately due and payab* it oil ox 4: part of the property:'Is sold .qt <br />otherwise transferred (other than by, de'!vise,1,," "de c:e0t or operation of law) by . •tl:t+o <br />'Mortgagor (Trustor). pursuant to a contract: 064e t: exee:'uted not later than 12 <br />months after the date of execution of this trx�tigage or Riot later than <br />months after the date of prior transfer of thin ,pr- operty subject to this 6rtgager Bed <br />of Trust), to a purchaser whose credit has mt. be#n approved in accordance with <br />require live its of the commissioner. <br />IN WITNESS WHEREOF, the borrower(p) had. set his hand and seal the day and <br />year first aforesaid. <br />State of Nebraska 3 <br />Comity of Hall ) ; <br />The foregoing instrument was acknowledged before me this 16th day of ' <br />June 19 89_ by Lee D- Wagner and Susan M Wagner, <br />liusbsnd aril infer - - <br />Witness my hand and notarial seal at � Grand Island <br />in said county, the elate aforesaid. <br />My c caner +r5ssuk, eYpr::•s: �)�( <br />ho ziry ['ui�lrr• -- - - <br />il:wl:ii <br />