Laserfiche WebLink
FHA MORTGAGE RIIDER <br />(Assumption Rider) <br />89- 104Sa2. <br />(The term "mortgage" shall be deemed to inchtde "Deed of Trust," as applicable.) <br />This Rider, dated (lie 25th day of Auqust 19, 89' , <br />amends the Deed of Trust of even date by and between <br />VEt_D014 0 BOWERS AND fIONIM t_ BOILERS . , the Nwrower(s,), and <br />r-INW111Ct&A FEDEM SlilJflltsc —! no "St CTAI.TCt r the Truster, and <br />the Lender,. <br />as ws: <br />One -Time Mortgage Insurance Premium <br />I.: lobseetion (a) of Paragraph 2 is deleted. <br />Z,.!Wbsection (c) (1) of Paragraph 2 is delisted. <br />the third sentence of Paragraph 3, the words "all payments made under 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 91 Paragraph 3 is amended by insertiorn. of a period after, <br />" .. then remaining,,, unpaid under said Note" and deletion of the remairder" <br />of the sentence. <br />S. Paragraph 12 is amended bY`_ffi'e. additign of the fallowing: <br />"This option may not be exercl, *-.when the ineligibility <br />for insurance under the National Housing: Act is thie to <br />the Lenders failure to remit the rr►ortgtr(;e insurance <br />preinium to the Department of Housing; and Urban <br />Development.•;!' . <br />As' utit jstion Clause <br />The i4for'agagee (Trust.). shall, with thr'Prior approval of the Federal Housing; <br />Commissioner, ve i :. s design, declare all stxii%, gecured by this Mortgage (Deed of <br />Trust) to be immediately due''and pay,ible if all or a part of the property is sold or <br />otherwise transferred (other than by -devise, descent or, operation of law) by the <br />Mortgagor (Trustoi ), pursuant to a contract of sale rxeci'Aoi l'ot later than 12 <br />months after the date of cxm4't.on of this mortgd4;p, «•'.ti ►,.it..ater than <br />months after the date of prior transfer of the praixity 110biect to this Mortgage 413ced <br />of Trust), to a purchaser whose credit has not been eppro4ed in accordance. with the <br />requirements of the commissioner. <br />IN WITNESS WHEREOP, the borrower(s) has set his hand and seal the day and <br />year first aforesaid. <br />Borrower VELOON D BOWERS <br />Borrower <br />GONNA l B[NdER5 <br />State of Nebraska ) <br />County of ) <br />e 1 <br />The foregoing instrument was acknowledged before me this 25th day of ! <br />- Auqust 19 e9 u, by %WLjrx7i�i r, % AW 00WdA L <br />f Witness my hand aml notarial seal at GRAW ISLAM) <br />in said comity, the date aforesaid. <br />r <br />M� <br />�' _ ,.t�i : :;�. :3 Not Vp�t ■Ca�{`A 4 <br />U <br />tL�1, <br />rq. :!►:' _• _ fir. S . •Ci- R 1 •f' C kf F <br />��r � Cam;. E�f sw•� 3G �� <br />