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86.- 1021511 <br />i FHA MORTGAGE RIDER <br />THIS RIDER, dated the 25th day of April <br />19 86 <br />r <br />amends the mortgage of even date by and between Gary F > Medinger- ,u1_%'% <br />wherry ?. i`e.di% gerihu Yard ::nd e : Y7. , the Mortgagor, and the <br />Mortgagee, as follows: <br />1. In Paragraph 1, the sentence which reads as follows, is <br />deleted: "Privilege is reserved to pay the debt ihe. <br />or in an amount equal to one or more monthly payments on <br />the principal that are next due on the note, on the first <br />day of any month prior to maturity: Provided, however, <br />That written notice of an intention to exercise such <br />privilege is given at least thirty (30) days prior <br />prepayment." <br />2. Paragraph I is amended by addition of the following: <br />"Privilege is reserved to pay the debt in whole or in <br />part oil any interest due date. <br />3. Subsection (a) of Paragraph 2 is deleted. <br />4. Subsection (c) (1) of Paragraph 2 is deleted. <br />5. in the third sentence of Paragraph 3, the words "all payments <br />made under the provisions of (a) of paragraph 2 hereof which <br />the mortgagee has not become obligated to pay to tiie Secretary <br />of Housing and Urban Development and" are deleted. <br />b. The fourth sentence of Paragraph 3 is amended by insertion of <br />a period after "...then remaining unpaid under said Note" and <br />deletion of the remainder of the sentence. <br />7. Paragraph 12 is amended by the addition of the following: <br />"This option may not be exercised when the ineligibility <br />for insurance under the National Housing Act is due to tiie <br />mortgagee's failure to remit the mortgage insurance premium <br />to the Department of Housing and Urban Development. <br />the -undersigned has set <br />IN WITNESS WHEREOF, _ <br />his hand and seal the day and year first aforesaid. <br />(SEAL) <br />G it <br />S �� • c is �{ �� -� 1 , L� / / �; �. -r: $EAL ) <br />O i d' <br />Z y 0Ci <br />S IN40T RY <br />of <br />Sign A ' RES- ered in the presence) <br />elf OF 1A <br />u <br />�i <br />