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FHA MORTGAGE RinER <br />��� <br />(Assumption Rider) 17-/o <br />(The term "mortgage" shall be deemed to include "Deed of Trust," as applicable.) <br />This Rider, dated the 25th day of AuQust 19 <br />amends, the Deed of, Trust of even date by and between <br />"ARK A SPANGLER AM SHMM K NO~ the lkwirower(s), And <br />-00HWRCjAL-FEQERAL-SMIWS AND LOM ASSOCIATION the Trimee, and <br />FERflft -SWINGS SAW the Under, <br />as follows: <br />One-Time Mortgage Insurance Premium <br />11.- -Subsection (a.) of Paragraph 2 is deleted. <br />2. 'Sub <br />section (c) (1) of Paragraph 2 is deleted. <br />3.'-. In the third sentc--oce of'Paragraph 3, the words !'all pay.!qcnts made under the <br />provision of (alk- Paragraph 2 hereof which the L r ha's not become <br />obligated fo.-rz�r,* 1,40 the Secretary of Housing and Q-Tbain Development and" <br />are dettie,(L" . <br />4. The f6Lgth sentence of Paragraph 3 is ametidAr4i., 4sy insertion of a period after <br />'then remaining unpaid tinder said Not-:,7-.,-and deletion of the remainder <br />of the sentence. <br />5. Paragraph 12 is amended by the addition of ti ift' following: <br />L <br />"This option may not be exercised whrl�:Jhe ineligibility <br />for insurar►ce under the National Hoijs4ng Act is'.•Oue to <br />the Lenda-F'-f ..failure to rcinit the mortgage fo4vrance <br />Prelflitirn ta., the Department of Housing and' Urban <br />M,velopment." <br />Assumption Clause <br />vog <br />The Mortgagee (Trustee) -,hall, with the prior approval of the Fede.nat', Hq 4 <br />Conunissionero or I►i% designee. declare all sums secured by this Mortgag-. ,I(Xn(# of <br />Trust) to be immediately ilQo4 and payable if all or a part of the. property is sold, or <br />otherwise transferred (oll;Mr.- than by devise, descent or operqtion of law) by' the <br />Mortgagor (Trustor). pursuirat to a contract of sale exerioted not later than --f7 12 <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 subject to this Wrtgaje- need <br />of Tmmf), to a purchaser whose credit has not been approved in accordance with th*-- <br />require. pwnts of the commissioner. <br />V64 WITNESS WIIER17.01', the borrower(!!) has set his haitd,,wid seal the day and <br />year fi.4t.'aloresaid. <br />B&relvi!r MARK A SPADE F.0 <br />1-2 <br />k4girrower S14AWNA K NORMAN <br />State of Nebraska <br />Could of W L <br />The foregoiiig ii►strWvient was ?5th <br />da ot <br />soft" K 14 NQ F , P.WMAY <br />witrw%4 "ly hand 'IFI(I fintarial seat at GRAND I St AM) <br />Ill Said COUP1114y, the dote i►fOfeSald. <br />F <br />1'mw tv JA V <br />