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FHA MORTGAGE RIDER 89-- 103967 (Assumption Rider) (The term "mortgage" shall be deemed to include "tweed of Trust;' as applicable.) This [firer, dated the 2§1H day of JULY 19__9 amends the Deed of Trust of even date byand between DENNIS W B MJ. W_ ANN ..E BRUN5, HUSBAND AND WIFE the Borrower(s), and _ COLUMBUS FEDERAL SAIIINBS " BANK , the Trustee, and CDLON FEDERAL SAYINGS BANK , the Lender, as follows; j { One -Time MortRaRe Insurance Premium i t j 1. Subsection (a) of Paragraph 2 is deleted. 2. Subsection (c) (1) of Paragraph 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 an=d" are deleted. 4. The fourth sentence of Paragraph 3 is amended by insertion of a period •a #ter ... then remaining unpaid under said Note" and deletion of the remainder j of the sentence. S. Paragraph 12 is amended by the addition of the folIo.W: 41ig: ` "This option may not be' exercised' when the inellgibil q-:.' for insurance under the National Housing Act is due `.;o _t the Lender's failure to remit the mortgage imsurakt ` premium to the Department of Housing wt4-` Urban Development." Assumption Clause The Mortgagee (Trustee) shall, with the prior approval of the -Federal Housing Commissioner, or his designee, declare all sums secured by this Mot ge (Deed of Trust) to be immediately due and payable if all or a part of the property is sold or otherwise transferred (other than by deVr1", descent or operation dlt _ law) hy:• the { Mortgagor (Trustor), pursuant to a contract df sale executed not later than 12 months after the date of execution of this mortgage or not later than '�� 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. i IN WITNESS WHEREOF, the borrower(s) has set his hand and seal the day and year ,first aforesaid. mower. DENNIS W BRUNS RIO `y t Grower ANN E BRUNS State of Nebraska ) County of BALL ) The foregoing instrument was acknowledged before me this pJN day of JULY ,19 Bg , by _ DENNIS W BRUNS AND ANN E BRUNS HUSBAND AND WIFE Witness my hand and notarial seal at GRAND ISLAND in said county, the date aforesaid. .) I -J �- My commission expires: ...,.�..,..,.,.�... � Not airy Public T G(1kL$a1 i1pTA'A75U;of NM;',z� ROBERTA L. REED MY Wo Do 1�Y � 19W 7 1. . �_