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. <br />pNA MORTGAGE RlnER . <br />' <br />(Assutnption Rider) <br />' (The term "mortgage" shall be deemed to include "tked of Trust" as a "` licable.) <br />- <br />amends the Deed of. Trtnt of even t a tTaixi betweeir <br />-g the Wwrower(s), and. <br />- PAIR irx _ x�rr= —��3E' R <br />GILL!lBt15 fEOERAL SAYTN& _ BAW , tl:c►. Trttster, 1111d <br />CM, UM81.6 FEM8& SOW I"as BAW , the Lender, <br />`c <br />is follows. : <br />1' <br />(tie -Titim Mortgage Insurance Premium <br />I . Subsection' (a)'of Paragraph 2 is deleted. <br />2. Subsection (c) (1) of ;!aragrapW2 is deleted. <br />i 3. M the-third sentence of Paragraph 3, the words "ail 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, Th4:,lourth 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 />1 of the sentence. <br />S. Paragraph .1,2, is amended by the addition of the following: <br />" "This option may not be exercised when the ineligibility <br />>j <br />? for insurance under the National Housing Act is due to <br />the tender's failure to reinit the mortgagO.. insurance <br />premium to the Department Of Housing rind Urban <br />_ <br />Development:' <br />Assumption Clause <br />• <br />The Mdrigagee (Trustee)' s fall, ' with the prior'Approval of the Federal Housing <br />= <br />Commissioner, or his designee, declare 0 sums secured by; this Mortgage (Deed of <br />Trus+tY, to be immediately due and payab:e .9f all or a part4a the property is sold or, <br />— <br />oth" wise transferred (other than by devise, descent or operation of law) by the <br />i Mortgagor (Trustor), pursuant to a contract of sale executed not later than 12 <br />months after the date of execution of this mortgage or not later than 12 <br />[ <br />ff"MOAs after the date of prior transfer of the property subject- to- this Mortgage (Ned <br />of ,T Uslk to a purchaser whose credit Imis not been approv0d in accordance with the <br />i <br />requirements of the commissioner. <br />IN WITNESS wi~(EREOF, the borrower(s) has set his N3nd and seal live daiy and <br />year' .!'first aforesaid. <br />- <br />Borrower PATRICK A fil_ <br />_ S�f7G <br />rrower <br />SHELLY GLYNN <br />State of Nebraska ) <br />HALL ) 5 <br />County of ) <br />29th <br />tCI CTa•F =no n histripent MYe S � �T�LR��w� �1Rrr�lllllJ� tlLei a rA XjW ttay OI <br />i <br />' 19_ + by - - -- <br />ttll�HAt� AND MIEE <br />- Witness my hand and notarial seal at BRAND ISLAND <br />in said county, the date aforesaid. <br />1 r 1 I? <br />My c(Hiunisslon expires: <br />,It fr. r .in 1 t WO fvr`►ia y t'iri�ir��` <br />A GiI�M1 Z61 iA f "s "i G� r1�(E.iD Nisi ft i n i 4:: i <br />ROSENTAi l.. RICO <br />orEwn to; Mi311V. <br />It <br />