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<br />I <br /> <br />DEED OF TRUST RIDER <br />To FHA Insured Loan <br /> <br />88_1014?7 <br /> <br />l <br /> <br />This Rider, dated the 24th day of March ,1988 , amends the Deed of <br />Trust of even date by and between William M. Stahl & Daw~a L. Stahl <br />the Borrower(s), and Fir-stier Bank. National Association. Omaha. NE <br />the Trustee, and Occidental Nebraska Federal Savin~s Bank <br />the Lender, as follows: <br /> <br />One-Time Mortgage Insurance Premiu~ <br /> <br />1. Subsection (a) of Paragraph 2 is deleted. <br />2. Subsection (c) (I) of Paragraph 2 is deleted. <br />3. In the third sentence of Paragraph 3 t the words "all pay- <br />ments made under the provision of (a) of paragraph 2 hereof <br />which the Lender has not become obligated to pay to the <br />Secretary of Housing and Urban Development andll are deleted. <br />4. The fourth sentence of Paragraph 3 is amended by insertion <br />of a period after II.,. then remain:l.ng unpaid under said <br />Notell and deletion of the remainder of the sentence. <br />5. Paragraph 12 is amended by the addition of the following: <br /> <br />IIThis option may not be exercised when the <br />ineligibility for insurance under the National <br />Housing Act is due to the Lender' s failure to <br />remit the mortgage insurance premium to the <br />Department of Housing and Urban Development." <br /> <br />Assumption Clause <br /> <br />The mortgagee shall: with the prior approval of the Federal Housing Commis- <br />sioner, or his designee, declare all sums secured by this mortgage to be immedi- <br />ately due and payable if all or a part of the property is sold or otherwise <br />transferred (other than by devise, descent or operation of law) by the <br />mortgagor, pursuant to a contract of sale executed not later than 12 months <br />after the date on which the mortgage is endorsed for insurance, to apurchaser <br />whose credit has not been approved in accordance with the requirements of the <br />COJllllllssioner. <br /> <br />IN WITNESS WHEREOF, the borrowe'c(s) has set his hand and seal the day and <br />year first aforesaid. <br /> <br />/-v J Ln--.. GJJ1, A;6kl <br /> <br />Borrower William M. Stahl <br /> <br />lh II >>utn.)~ \3fri JtJ <br /> <br />Borrower Dawnita L, Stahl <br /> <br />County of Hall <br /> <br />) <br />) SS. <br />) <br /> <br />State of Nebraska <br /> <br />The foregoing instrument was acknowledged before me this <br />March , 1988 ,by William M. Stahl & Dawnita L, Stahl <br /> <br />24th day of <br /> <br />Witnes8 my hand and notarial seal at <br />said county, the date afore~aid. <br /> <br />in <br /> <br />,; <br /> <br />~CEIlMlIft.,... II.... <br />DENISE KAV LOWRY <br />. . _ My Comnl [ag ,,"VI 3. IMl <br /> <br />~~~. <br />tary Public" <br /> <br />My commission expires: <br /> <br />4010-.1 9 <br />