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88-103557 DEED OF TRUST RIDER To FHA Insured Loan This Rider, dated the ~ day of July , 19~, amends the Deed of Trust of even date by and between John L. Schrier and Lori S. Schrier the Borrower(s)" and Firstier Bank, National Association, Omaha. NE the Trustee. and Occidental/Nebraska Federal Savings Bank the Lender, aD follows: One-Time Mortgage Insuranee Premium 1. Subsection (a) of Paragraph 2 is deleted. 2. Subsection (c) (I) of Paragraph 2 is deleted. 3. In the third sentence of Paragraph 3. the words "all pay- ments made under the provision of (a) of paragrapb 2 bereof whicb tbe I.cnder has not become obligated to pay to the Secretary of Housing and Urban Development and" are deleted. 4. 'The fourtb sentence of Paragrapb 3 is amended by insertion of a period after ".,. then remaining unpaid under said Note" and deletion of the remainder of tbe sentence. s. Paragraph 12 is amended by the addition of the following: "Tbis option may not be exercised when the ineligibility for insurance under the National Housing Act is due to the Lender's failure to remit the mortgage insurance premium to the Department of Housing and Urban Development." Assumption Clause 'The mortgagee shall, with the prior approval of the Federal Housing Commis- sioner. or hls designee, declare all sums secured by this mortgage to be tm.edi- -ately due and payable if all or a part of tbe property is sold or otherwise transferred (other than by devise, descent or operation of law) by the mortgagor. pursuant to a contract of sale executed not later than 12 months after the date on which the mortgage is endorsed for insurance. to a purchaser Who.e credit has not been approved in accordance with the requirements of tbe COBIis.ioner. IN WITNESS WHEREOF, the borrower(s) has set his band and seal tbe day and year first aforesaid. J .::::::::: /J ~ -:)~ L. ~~ Borrower John L. Schrier '-~~~ 9c1J~~~ Borrower Lori S. Schrier County of 1:1,',111 ) ) ss. ) State of Nebraska The foregoing instrument was acknowledged before me this 1st July , 19~, by John L. Schrier and Lori S. Schrier day of Witne.. .y hand and notarial seal at ..id county, the date aforesaid. ("~Lf ZrlJ . in My c~18.ion expires: ~ '. ..._'.."- '" ttL,;r:.l.' LJr.iiiY.Sw. 0/ .... , -fJ OtNlst KAY LOWRY ~, M, eo..." lop Aut IS, 1"1 ~~~ ~lY" 4010-l9