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~~ <br />MGRTGAGE AQDENQfi~! FOi~ <br />REPRYMEl4T OF SECIIOtV 235 ASSIS'CANCE <br />Tht rights and obligations of the patties to the attached Mortgagee _ <br />~ ~~~Y ~~ ro this PBdendum. Tf there is any conflict <br />between the provisions of tha.s P3dendum and-the provisoes of the <br />Mortgage, the provisions of this Pr3ctendtan shall control. <br />1. the debt secured by this instrument shall include not only the <br />Note recited above but also any assistance paid by the Secretary <br />in accozdartce ~.rith 5ectinn 235 of the. National Housing Pct cm . <br />behalf of ;.ny party to the Mortgage-_; ~: ti.ncluding any pasty who. <br />takes title to the pzoperty subject to the said Mortgage or <br />assumes said Mortgage :. ) identified as FHA Case No. 321-Q8847Q-256 <br />tInsured Mortgage= ~ )• <br />2,. The debt wi11 be due and payable when the first of the Following <br />occurs: <br />{a) Title to the Property is conveyed to a Harty who is not <br />eligible for Section 235 tsnrtgage assis._ance payments, or <br />#1d1 -~er~n~ed~:~.~~ t. s <br />Cc) The Prop~Y ~~~ by the Insure3 Mortgage i.s rnnted <br />far a period longer than one year. <br />3. If the Insured Mortgage _ is not paid in t~,t t w2~ payi~t <br />is due under agraph 2, t':e Sectary T,a-y defer payment ui:til <br />the I2isured +ortgage is paid in full, If pay~rent is deferred, <br />the debt will bear interest at the rates of sixteen & One-ha~er~nt <br />per year £rom the date u'~e debt is due T~f3PT Qsrarraph 2 +mtil the <br />full amount of the debt anti interest is paid. <br />In witness whereof, Harrower has exx~ecuted this Rddendum rA the <br />Insured~Mortgage. <br />January 28, 1982 <br />U3te <br />~~ ~~ <br />Borrower <br />f" ` <br />Leal TJescrotion: Lot 'dine t`97 Ka.Ilos SuhdwvisSon, in the City <br />of Grand Island, ~:ali County, Pebraska <br />REC DERS t ~z'' ~ i f ',~" <br />~~'Reg. of Deeds <br /> <br /> <br />