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86--• 102837 <br />140RTC-AGE RIDER <br />This Rider, dated the 22nd day of -May , 1986 , amends <br />the mortgage of ever, date by and between Tlxras J. M Gwern and Effdlie L. <br />McGcyt7ern , the borrowertst, and THE EQUITABLE BUILDING <br />AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, the mortgagee, as follows: <br />1. In Paragraph £.2., the sentence which reads as follows is deleted: <br />"Privilege is reserved to pay Lhe 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 of an intention to exercise <br />such privilege is given at least thirty 1301 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 ta? of Paragraph E.2. is deleted. <br />4. Subsection fc:(1) or Paragraph E.2_ i^ 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 anal' are deleted. <br />b. 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 c.'' the sentence. <br />7. ^aranraph E.12. is amended by the addition ot the following: <br />"This option may not be exercised when the ineligibility for <br />-1m W 1, <br />insurance under the National Housing Act is die to the mortgagee's <br />failure to remit the mortgage insurance premium to the Department <br />of Haus:ng ar-i Orban Development."°. <br />IN WITNESS WHEREOF. `IhYl s J. M—gGgyern am Eintiie L. %1cGcvern <br />has /have set his /her %their hard(s; and seal the day and year first aforesaid. <br />- iarias J.4 M0.uJVr-n <br />(SEA L <br />�Iie`Z �1� ern <br />Signed, ,w- led and delivered in <br />the present of <br />i <br />