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<br /> <br />t <br /> <br /> <br /> <br />, <br />84-' 003293 <br /> <br />CAP ASSUMPTIOl!i .RIDER <br /> <br />iRIS RIllER is 1lIa.de this 21 lit <br />bic:orporated into and. shall. b" deemed <br />Trust or Mortgage (the "Security <br />underSigned (the "Borro"er") to secure <br /> <br /> <br />1308 LiB y. l!ood Piver. Nehrasb. 68gB) <br />(Property Address) <br /> <br />In connection with the Note and Security <br />undersigned Borrower and of even date herewith, <br />agree to the following additional provisions: <br /> <br />The following paragraph 25 is hereby adopted: <br /> <br />25. Transfer of Property; Assumption. Notwithstanding <br />paragraph 17 hereof, Lender shall waive its option to accelerat,?'undezo <br />paragraph 17 if (1) prior to such sale or transfer Borrower notifIes Lender.6f <br />the proposed transaction and sees that Lender is given any 'informationclt..may <br />request in order to evaluate the person to whom the property is being sold or <br />transferred, (2) Lender determines, in its sole discretion, that assumption of <br />the loan by the proposed purchaser or transferree will meet stan.dardsof <br />creditworthiness and security which are acceptable to it, which standards <br />shall, insofar as may be pr' "ical, be the same underwriting st2cndardsas<are <br />then applied by Lender in c04k~ction with making a new loan, (3) the person to <br />whom the property is to be sold or transferred executes a written assumption <br />agreement accepted in ~'riting by Lender, agrees to pay an assumption fee which <br />shall be equal to the origination, discount and other fees, charges and <br />processing costs then being charged by Lender on similar new loans; and agrees. <br />to an increase in any applicable maximum interest rates as provided below, and <br />(4) no other defaults exist under the Deed of Trust or the Note secured <br />hereby. <br /> <br />If this loan permits conversion to a fixed interest rate and payment , <br />then this rider shall only apply to a sale or transfer consummated prior to <br />such conversion. Upon election of Borrower to convert to a fixed rate and/or <br />payment, this rider shall terminate and shall have no force and effe~t on any <br />sale or transfer consummated thereafter. If this loan provides for any <br />maximum interest rate, either with respect to the interest rate charged or the <br />interest rate on which new payment amounts are computed from. time to time, <br />then such maximum rates will be increased one percent, consecutively, ror each <br />assumption pursuant to this paragraph 25. Any such increase will be effective <br />on the first change date following Lender's offer to approve the assumption if <br />such transaction is thereafter consummated. <br /> <br />Dated: ,,1~Hi';:' 21 i 19f:,:[ <br /> <br />,_"k!{>iJ-4'::v...t" ,./;< /: <" ('..!1-t!,';?~/ <br />r;(! :n~on ;.;. PESt;.! <br /> <br />(Borrower) <br /> <br />/ <~ ,-~ <br />.1.\. [.i,U/1;,{/P) /(:;~ [;) I'l.e <br /> <br />~\c.i.rdrt. Lt~~;l/.l (Borrower) <br /> <br />STATE OF NEllRASKA, !'aU <br /> <br />County, ss: <br /> <br />The foregoing instrument was acknowledged before me this :'lr;t day of <br />,Junl:~ .19HL tby COn~(in r"t~~;.t;>l 1'~lr(' t:~",d_~ <br />h~:S};;:t'l;:(t','iftu1 'l~i.f(:' <br /> <br />WitM>iJS,1Ily hlll.\d alldoff1cia1 seal. <br />lty <:.oIUIJ.lJ8ion expi res: _ tlttf .>>; /1<f7 <br /> <br />'" .', '.. t... ........... G&Na.OfNt..A/!.ok~."'YR. ~O..$':-;-' <br />~- M,-C~.{,,'__.A"9 15-.191" <br /> <br />~" '/~'" <br />.j'l. - /::1. ,.// r'" - -~7 <br />',_ fc/4J..{;!;t,. . '. .' ,r.d3::..t.""',' ,~ _.".._ <br />(Not- PubliC)' <br /> <br />TIle-on (<110) <br /> <br />n~!"" ~~ l8/.. <br />