Laserfiche WebLink
i <br />s " <br />`--� 005877 <br />MORTGAGE RIDER <br />This hider, dated the 27th day of November 19 '85 , amends <br />the mortgage of even date by and between Charles E. Oxner and _Cathy J. (buyer <br />the borrower(s), and THE EOUITABLE 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 of an intention to exercise <br />such privilege is given at least thirty (30) days prior to prepayment." <br />Z. :Paragraph E.1. is amended by the addition of the following., <br />"Privilege is reserved to pay the debt, in whole or in par*_, 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 F..2. hereof wY.•ich 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 t_ 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 ineligitility 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, Charles £ Cbmer and Cathy J. tamer <br />has /have set his /her /their hand(s) and seal the day and year first aforesaid. <br />;SEAL) <br />`. <br />AL) <br />Signed, sealed and delivered in <br />the presence of <br />L.. <br />i <br />K <br />