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<br />88- 102565 <br />FHA MORTGAGE RIDER <br />(Assumption Rider) 79372-1-20 <br /> <br />THIS FHA ASSUMPTION RIDER Is made this 18th day of May 1988 , and <br />Is incorporated Into Md i$hd be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (the "Security Instrument" <br />of the same date glvlO by the un~ed Mortgagor (Trustor), to 15ecure Mortgagor's (Trustor:;) Note to <br />First Federal Savings and Loan Association of Lincoln <br />Mortgagee (Trustee) of the same date M':t covering the property d811cribed as follows: <br /> <br />Lot Twenty (20), Block Twenty-five (25), College Addition to West Lawn, an Addition <br />to the City of Grand Island, Hall County, Nebraska. <br /> <br />and whose address Is 2103 North Huston <br />Grand Island, Nebraska 68801 <br /> <br />Propeny Addre~s <br /> <br />The mortgagee shall, with the prior approval of the Federal Housing Commissioner, or his designee. declare <br />all sums secured by this mortgage to be immediately due and payable if all or a part of the property is sold <br />or otherwise transferred (other than by devise, descent, or operation of law) by the mortgagor. pursuant to a <br />contract of sale executed not later than 12 months after the date on which the mortgage is endorsed for insur- <br />ance, to a purchaser whose credit has not been approved in accordance with the requirements of the Commissioner. <br />(If the property is not the principal or secondary residence of the mortgagor. "24 months" must be substituted <br />for "12 months."] <br />Executed this 18th day of May 1988 by <br /> <br />(~( c; <br /> <br />Cfi'eryl A Michel <br /> <br />. <br /> <br />7/ 17 <br />'" ., <br />, ,,0r~- <br /> <br />STATE OF NEBRASKA <br /> <br />COUNTY OF HALL <br />On the 18th day of <br />before me, a Notary Public in Md for <br />P~CW~lapi~Mchel, a Single <br /> <br />} 5S. <br /> <br />May <br />said <br /> <br />. A.D. Nineteen Hundred and Eighty-Eight <br />County, State of Nebraska <br /> <br />person, <br /> <br />to me known to be the person(s) named and who executed the foregoing instrument and acknowledged that sne has <br />net' <br />same as voluntary act and deed. <br /> <br />executed the <br /> <br />My Commission expires <br /> <br />.( <br />/1 <br />,;/. <br />/~/7?...;~ J ~ -"~..- J <br /> <br />Notary Public In and for said County <br /> <br />J:"'--EAAlItUlAflY.StalE of Ilebmu <br />CONNIE S. BALES <br />.. Comm. Up. iii. 11. ,. <br />