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<br />88-- <br /> <br />101082 <br /> <br />FHA MORTGAGE RIDER <br />(Assumption Rider) <br /> <br />79117 - 1-20 <br /> <br />r <br /> <br />THIS FHA ASSUMPTION RIDER Is made this 4th day of Harch 1988 , and <br />Is Incorporated Into and IJhaH be d","ed to amend and supplement the Mortgage, Deed of Trust or Security Deed (the "Security Instrument') <br />of the same date given by the und8l'lllgned Mortgagor (Trustor), to seC',ure Mortgagor's (Trustor's) Note to <br />First Federal Savings and Loan Association of Lincoln <br />Mortgagee (Trustee) of the same date and covering the property described as follows: <br /> <br />The Westerly Forty Feet (W 40') of Lot Two (2), in Fractional <br />Block Seventeen (J7), in Charles Wasmer's Addition to the City <br />of Grand Island, Hall County, Nebraska. <br /> <br />and whose address Is <br /> <br />2007 West Koenig <br />Grand Island, Nebraska 68803 <br />Property Address <br /> <br />The Mortgagee (Trustee) shoJI. with the prior approval of the Federal Housing Commissioner. or his designee. declare all sums secured by <br />this Mortgage (Deed of Trust) to be Immediately due and payable If all or a part of the property is sold or othelWise transferred (other than <br />by devise. descent or operation of law) by the Mortgagor (Trustor). pursuant to a contract of sale executed not later than ?4 months after the <br />elate of execution of this mortgage or not later than 24 months after the date of prior transfer of the property subject to this Mortgage (Deed <br />of T;ust). to a purchaser whose credit has not been approved in accordance with the requirements of the Commissioner. <br /> <br />Executed this <br /> <br />4th <br /> <br />day of <br /> <br />Harch <br /> <br />1988 <br /> <br />b~' <br /> <br />'~ : /" <br />'~h~ y ~f'i~ <br />Gerald E. tli <br />..J- Ct~L~!1/ ~--r-l/c-Z;;{, <br />Elizab h J. Smi(-t{ <br /> <br />STATE OF NEBRASKA <br /> <br />COUNTY OF HALL <br />On the 4 th day of Harch <br />before me. a Notary Public In and for said <br />personally appeared <br />Gerald E. Smith and Elizabeth J. Smith, h~sband and wife, <br /> <br />to me known to be the person(s) named and who executed the foregoing Instrument and acknowledged that <br />same as their voluntary act and deed. <br /> <br />~ ss, <br /> <br />, A.D, Nineteen Hundred and <br />County, State of <br /> <br />Eighty-Eight <br />Nebraska <br /> <br />they have <br /> <br />executed the <br /> <br />My Commission expire <br /> <br /> <br />ka <br />CONNIE S. BALES <br />My Comln._Exp, Oct ~~ro , , <br /> <br />f <br /> <br />{// J~ <br />~?7/Y~ ~ ~f'~ <br />Notary Public in and lor said County <br /> <br />( <br /> <br />L <br />