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<br />r <br /> <br />FHA CASE NO. <br /> <br />~~~ <br /> <br />102563 <br /> <br />321--124l869--203(b) <br /> <br />TRANSFER OF PROPERTY RIDER <br />TO DEED OF TRUST/MORTGAGE <br /> <br />ThiE Transfer of Property Rider is made this 1 8:h c!ay of May, 1988 and amends the <br />provisions of the Deed of Trust/Mortgage. (the "Security Instrument") of the same d~te, by and between <br /> <br />Roger L. Scott <br /> <br />, the Trustors/Mortgagors, <br /> <br />Equitable Bui lding and Loan Assoc iat ion. Grand Island ,the Beneficiary/Mortgagee, as follows: <br /> <br />Adds the following provision: <br />The mortgagee shall, with the prior approval of the Federal Housing Commissioner, or his designee, declare all sums secured <br />by this mortgage to be immediately due and payable if all or a part of the property is sold or otherwise transferred (other <br />than by devise, descent or operation of law) by the mortgagor, pursuant to a contract of sale executed not later than 12 ... <br />months after the date on which the mortgage is endorsed for insurance, to a purchaser whose credit has not been approved <br />in accordance with the requirements of the Commissioner. <br />(*If the property is the principal or secondary residence of the mortgagor enter "12", if the property is not the principal <br />or secondary residence of the mortgagor, "24" must be entered.) <br /> <br />IN WITNESS WHEREOF, Trustor/Mortgagor has executed Ihis Transfer of Property Rider. <br /> <br />Signature of Trustor(s)/Mortgagor(s) <br /> <br />~t~ <br /> <br />Rage L. Scott <br /> <br />fORM 2994 Ul80l1 <br /> <br />t:3w:T:1fQnE~CAl.l ~Tl.AJo\t:Sll..lStNE5S'~.1NC . <br />~.ul.:1IIIUSA 1-BOQ.~3CJ::109 co M11..8(I),3!)O-~'64J4O FA).6'6.243~ <br /> <br />L <br /> <br />L <br /> <br />~ <br />