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86102071
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Last modified
10/18/2011 9:52:06 AM
Creation date
3/31/2008 2:20:52 PM
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DEEDS
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86102071
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$s 102071 <br />MORTGAGE RIDER <br />This Rider, dated the 28th day of April , 1986 , amends <br />the mortgage of even date by and between K. Shawn Meyers and Linda K. <br />Meyers the borrower(s), and THE EQUITABLE BUILDING <br />AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, the mortgagee, as follows: <br />1. In Paragraph E.1., the sentence which reads as follows is deleted: <br />"Privilege is reserved to pay the debt in whole, or in an amount <br />equal to one or more monthly payments on the principal that are next <br />due on the note, on the first day of any month prior to maturity; <br />Provided, however, That written notice or an intention to exercise <br />such privilege is given at least thirty (30) days prior to prepayment." <br />2. Paragraph E.I. is amended by the addition of the following: <br />"Privilege is reserved to pay the debt, in whole or in part, on <br />any installment due date." <br />3. Subsection (a) of Paragraph E.2. is deleted. <br />4. Subsection (c)(1) of Paragraph E.2. is deleted. <br />5. In the third sentence of Paragraph E.3., the words "all payments <br />made under the privisions of (a) of Paragraph E.2. hereof which the <br />mortgagee has not become obligated to pay the Secretary of Housing <br />and Urban Development and" are deleted. <br />6. The fourth sentence of Paragraph E.3. is amended by the insertion of <br />a period after ". . . then remaining unpaid under said mortgage note" <br />and deletion of the remainder of the sentence. <br />7. Paragraph E.12. is amended by the addition of the following: <br />"This option may not be exercised when the ineligibility for <br />insurance under the National Housing Act is due to the mortgagee's <br />failure to remit the mortgage insurance premium to the Department <br />of Housing and Urban Development." <br />IN WITNESS WHEREOF, K. Shawn Meyers and Linda K. Meyers <br />+sae /have set 4A*,4,e*/their hand(s) and seal the day and year first aforesaid. <br />Shawn L) <br />K. (SEAL) <br />' 'rnra A. Myers <br />Signed, sealed and delivered in <br />the presence of <br />u <br />
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