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<br />88- 102!<<'tiB <br /> <br />FHA CASE NO. <br />321 1244599 203(b) <br /> <br />TRANSFER OF PROPERTY RIDER <br />TO DEED OF TRUST/MORTGAGE <br /> <br />This Transfer of Property Rider is made this 26 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 />James T. Jackson and Gerri L. Jackson <br /> <br />, the Trustors/Mortgagors, <br /> <br />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 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 this Transfer of Property Rider. <br /> <br />Signature of Trustor(s)/Mortgagor(s) <br /> <br />c;;:~ ~rJ S.:>/.. Ft <br /> <br />J es T. Jackson <br /> <br />C~:~.:relt 5-d&-~~ <br /> <br />~ <br /> <br />FORM 2994 (88021 <br /> <br />rn.m~~=2S~209~~~~";~~24300:a. <br />,- <br /> <br />'~i.. <br /> <br />,--.-- <br />