89104661 - Laserfiche WebLink

Browse

FHA MORTGAGE RIDER (Assumption Rider) 89-- 104881 (The term "mortgage" shall be deemed to include "Deed of Trust,`as.avoicable.) This Rider, dated, the 31st day of Auauet 19 39 amends the Deed of Trust of even date by and between ttie Ilorrnwer(s), ant! the Truster, acid the Lender,, i a3 . �.7 lgWS:• � . t One -Time Mor tgage :Insurance Premium !. Subsection (a) of Paragraph 2`.is deleted. 2:. Subsection (c) (t) of Paragraph 2 is defected. 3e .1h the third sentence of Paragraph 3, Oe words "all paytnrirr<t made under the ;provision of (a) of Paragraph 2 he which the LervSO, has not become. obligated to pay to the Secretary of Housing and Urban Development and" .are deleted. 14... .The fourth sentence. of Paragraph 3 is amended by insertion. of a period after ". then remaining unpaid under said Note" and defetgaan of the remainder of the sentence. ..' Paragraph 1.2 is amended''YW. °_life addition of the hallowing: "This optiosn,nr—tay not be exercised when the inefigibility for insurance Binder the National Housing; Act is -Aue to the Lender's failure to rernit the mortgage insurance premium to the Department of Housing and Urban Development.* Assumption Clause The Mortgagee (Trustee) shall, with the prior ^S. the Federal Housl,1 Commissjoi*r, or his designee, declare all s +;!. ;ws secured byr;-•t3t`i��.. �,1ortgage (Deed ',af, Trust) to. be immediately due and payable if. a0 or a part of the property is sold or a�uiiyrrwise transferred (other than bw; devise, . descent or operation of law) by the 'Mortgagor ( Trustor), pursuant to a corit'r&ct of ale executed not later than 12 months after the date of execution of this mortgage or not later than 12 months after the date of prier transfer of the property subject to this Mortgage Deed of Trust), to a purc�i3ser whose cred -.4. has not been approved in accordance with the requirements of the rc;r71missioner. IN WITNESS wr:tl~itear -, the borrower(s) has set his hand and seal the day and year first aforesaid. Borrower DAVID P FAKER Borrower GINA ANN BAKER State of Nebraska ) • ) S County of HALL ) The foregoing instrument was acknowledged before me this 325t clay of August , 19 89 , by DAVID P OMER AND GINA ANN 9&E - son witr —ess my hand and nntariat seat at _ GRAND ISLAND -- in said city, the date aforesaid. MXt�,9r"3Fii: s��xpir�ss: 1 f- �tt..,�_L•� ��'c s_"� - - -- - - - frillitS?1li11.' {S'ateat+3 Not flftAjsl ttEkU HOIEATA L REED s No rAw. bo. *A V_ 1 ;90 6 U!