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86 . 10392o <br />i <br />FHA MORTGAGE RIDER <br />` <br />15th day of July 19 86 <br />THIS RIDER, dated the Y <br />amends the mortgage of even date by and between peh� a upnrar �n� ia�.t,a.a A. <br />Renter, husband and wife, and Arnold C. Wenn and the Mortgagor, and the <br />Common <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 in. whole, <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 to <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 on 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 />2 hereof which <br />made under the provisions of (a) of paragraph <br />the mortgagee has not become obligated to pay to the Secretary{ <br />of Housing and Urban Development and" are deleted. <br />6. The fourth sentence of Paragraph 3 is amended by insertion of <br />a after "...then remaining unpaid under said Note" and <br />a <br />ss <br />period <br />deletion of the remainder of the sentence. <br />7. Paragraph 12 is amended by the addition of the following: <br />�u <br />"This option may not be exercised when the ineligibility <br />for insurance under the National Housing Act is due to the <br />mortgagee's failure to remit the mortgage insurance premium <br />to the Department of Housing and Urban Development." <br />has set <br />IN WITLESS WHEREOF, <br />his hand and seal the day and year f rst, aforesaid.? <br />r (SEAL) <br />Arnold C. Wenn D u i A. ii en e ; <br />(SEAL) <br />✓� ^~ B <br />`' aTara yen er <br />_ <br />bin a Wen` <br />Signed, sealed and delivered in the presence of <br />• <br />U <br />