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FHA MORTGAGE RIDER 89..,. 103819,6 (Assumption Rider) (The term "mortgage" shall be deemed to include "Deed of Trust," as applicable.) This Rider, dated the 26th day of July 19 89 amends the Deed of Trust of even, By. sand between 9 IN g F2HIN n PAMLA a FRUIN the Borrower(s), and ,,,�„,SwBUS ��. s►vig,M)11L_ _..,_._. , the Trustee, and . the Lender, as follows: One -Time Mortgage insurance Premium 1. Subsection la) of Paitagaraoh 2. is deleted. 2. Subsection kl (W of Piragre04 2 is deleted. 3. In the third sentence of; Paragraph 3, the words "all payments made under the provision of (a) of :Paragraph 2 hereof which the Lender has not become obligated to pay to, the Secretary of Housing and Urban Development and" are deleted. 4. The fourth sentence of Paragraph 3 is amended by insertion of a period after ". . . then remaining unpaid under said Note" and deletion of the remainder of the sentence. S. Paragraph 12 is amended by the addition of the following: t "This option may not be exercised when the ineligibility for insurance ui•eder the National Housing Act is due to the Lender's fa lure to remit the mortgage insurance premium to -. Department of Housing and Urban -- Development.- t Assumption Clause The Mortgagee (Trustee) shall, with the prior approval of the Federal Housing g6it missioner, or his designee, declare all sums secured by this Mortgage (Deed of Trust) to be immediately due '.and payable if all or a part of the p.FQperty is sold or otherwise transferred (other than by devise, descent or operati&i , 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 12 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. IN WITNESS WHEREOF, the borrower(s) has set his hand and seal the day and i year first aforesaid. Borrower KEVIN R FRUIN Borrower PAMELA A FRUIN State of Nebraska ) S County of HALL ) The foregoing instrument was acknowledged before me this 26th day of 1 _Julg r1 , 19 89 , by KEVIN R AND PAMELA A' FRUIN Ju i... y GRAND ISLAND Witness m hand and notarial seal at in said county, the date aforesaid. My comrmssion expires: ' ,# JULY 30 19,+' + 90 k'JIPf Yi:e of Nt! . °a Nota y Public RO ULATA L. REED K BE RTA L WF D My Grm,^f E4 J* T. to ra i n �• f