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<br />88- 102599 <br /> <br />FHA CASE NO. <br /> <br />r <br /> <br />321 1223859 203(b) <br /> <br />TRANSFER OF PROPERTY, RIDER <br />TO DEED OF TRUST/MORTGAGE <br /> <br />This Transfer of Property Rider is made this 20 t h day of May, 1988 and amends the <br />provisions of the Deed of Trust/Mortgage, (the "Security Instrument") of the same date, by and between <br /> <br />K. Morris Davis and Joyce C. Davis <br /> <br />, the Trustors/Mortgagors, <br /> <br />The Equitable Building and Loan Association <br />Grand Island, Nebraska <br /> <br />, the Beneficiary/Mortgagee, as follows: <br /> <br />Adds the following provision: <br />The mortgagee shan, with the prior approval of the Fooeral Housing Commissioner, or his designee. declare all sums secured <br />by this mongage 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 executoo 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 requirement~ of the Commissioner, <br />(*U the property is tlte principal or secondary residence of the mortgagor enter "12". if the property is not the principal <br />or secondary rel>idence of the mortgagor, "24" must be entered.) <br /> <br />IN WITNESS WHEREOF, Trustor/Mortgagor has elle~utoo this Transfer of Property Rider. <br /> <br /> <br />gor(s) <br /> <br />~e~ <br /> <br />Jo ce C. Davis <br /> <br />.:J <br /> <br />K. Morris Davis <br /> <br />FORM 2994 (1Ill21 <br /> <br />t:! Ir:T:I '0 KOf'VER CAll Of*AT tAts 8.JSN;SS fOfNS, N:. -. <br />~U5A \ aoo ~3(ll?O9. M 1<<D.358<Gl:l. FAlil 6'~43~ <br /> <br />t <br /> <br /> <br />u <br />