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L <br />1 <br />FHA MORTGAGE RIDER <br />(Assumption Rider) <br />89-00- 103908 <br />(The term "mortgage" shall be deemed to include "Deed of Trust," as applicable.) <br />This Rider, dated the 28ti, day of <br />amends the Deed of Trust of even date by and between <br />VIP Raw D imr. 1.+ti* Lg; p� � , the Borrower(s), and <br />'� "" ""' the Trustee, and <br />�p?.Timmla_RL1RaAll UVT NO - , the Lender, <br />SAYJZNU as followsl <br />One -Time MotmaBe insurance Premium <br />l: Subsection (a) of Paragraph 2 is deleted. <br />2. ; Subsections (c) (1) of Paragraph. 2 Is &3 U ted. <br />3. � 1n` the Bird sentence of Pa¢aWaph 3� the words "all payments mace under the <br />provision of (a) of Paragraph 2 hereef which the Lender has not become <br />obligated to pay to the Secretary­� j 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 />51 Paragraph 12 is.'arrtended by the additton of the following. . <br />"This optioh may not be exercised when the ineligiWity .: <br />for insurance under the National' Housing Act is due to <br />the Lender's failure to remit. the mortgage insurance <br />premium to the Department of Housing and Urban <br />Development." <br />Assumption Clause <br />Vie Mortgagee (Trustee) shall, with the' prior approval of. the Federal Housing <br />Commissiow, or his designee, declare all sums secured by this Mortgage (Deed of <br />Trust) to. be immediately d6e , and payable if all or a 'p4,rt of tfi� propeetyn : is sold or <br />otherwlsi � transferred (tither than by devise, descent or operation of law) by the <br />Mortgagor (Trustor); pursuant' to a contract of sale executed not Utrr than <br />months after the date of execution of this mortgage or not, later than <br />months after the date of prior transfer; of the property, iwbject jo this Mortgage Weed <br />of Trust)d, to a purchaser whose credit has not been awed. -in accordance with the <br />requirements of the commissioner. <br />IN WITNESS WHEREOF, the borrower(s) has set ' bis hand .and seal the day and <br />year first aforesaid. <br />State of Nebraska ) <br />5 <br />County of HALL ) <br />rrower All- <br />FR <br />J BROWR <br />A� <br />rrower <br />l JONI. L BROW..R <br />The foregoing instrument was acknowledged before me this 29th day of <br />,1U1X • 19 89 . by 016a ♦tin I 8ii0i�8 <br />HOSUND AUD M 1B __ _• <br />Witness my hand and notarial seal at GRAND ISLAND <br />in said county, the date aforesaid. <br />X <br />My commissson expires: <br />JULY 30. 1990 . ot Y Public <br />- <br />is X T'Gf a4 M w11Y.Ki fi0 1W RTA J. Fit't: t1 <br />ROBERTA L, Rf![Dl <br />-- 1k <br />If- a; f alt J* 3, I <br />.f <br />