Laserfiche WebLink
86, 103502 <br />MORTGAGE RIDER <br />This Rider, dated the 37th day of Irine 19__86 amends <br />the mortgage of even date by and between - _i-rv.. j.- P�yjPi:aPn and fiayj ara J_ <br />Pedersen the borrowerts), and THE EQUITABLE BUILDING <br />AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, the mortgagee, as follows: <br />1. In Paragraph E.t., the sentence which reads as follows is deleted: <br />^Privilege is reserved to pay the Jett in whole, or in an amount <br />equal to one or more monthly payments of 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 amendec by the addition or the roilowing: <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 />a. Subsection ic)(Jt of Paragraph E.2. is deleted. <br />5. In the third sentence or Paragraph E.3., the words "all payments <br />made under the privisiors of (a) of Paragraph E.2. nerenf 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 or Paragraph E.). Is amended by the insertion cf <br />a period after then re«.a:ning unpaid uncer said mortgage note" <br />and deletion of the remainder of the sentence. <br />7• Paragraph E.12, is amended by the addltlor, of the foilowing: <br />"This option may not be exercised when the tneligiollity for <br />Insurance ur,d ^r the National Housing Act Is dit- to :.tie mortgagee's <br />failure to remit the mortgage insurance premium to '.tie Department <br />of Housing and Urty &, Development." <br />IN WITNESS WHEREOF, I;aTY L Y4�-dorjerl and ijr �r.i 7 Pxir iNi,ii <br />has /have set nls /herltheir hand'si and seal the day and year first aforesaid. <br />(SEAL) <br />Signed, sealed and delivered ir <br />the presence of <br />N <br />