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<br />AS... 102972 <br /> <br />FHA MORTGAGE RIDER <br />(Assumption RIder) <br /> <br />79433-1-20 <br /> <br />THIS FHA ASSUMPTION RIDER is made this 8th day of June. 1988 . and <br />ls Incorporated Into and atulll ~ deemed to amend and IUpplemtlnt the Mortgage, Deed of Trost or Security Deed (the "Security InS~TUment") <br />of the same date given by th. undersigned Mortgagor (Trostor). to secure Mortgagor's (Trostor's) Note to <br />First Federal Savings and Loan Association of Lincoln <br />Mortgagee (Trustee) of the UJTIftI date and cov.mg the property described as follows: <br /> <br />The East Forty(40) Feet of Lot Five (5) and all of Lot Four (4), in Block <br />Seventeen (17). Original Town of Wood River,Hall County. Nebraska. <br /> <br />.. <br /> <br />and whose addrels Is 1 nq Wpst: 11 Street <br /> <br />Wood River, Nebraska 68883 <br />Property AClClrus <br /> <br />The mortgagee shall, with the prior approval of the Federal Housing Coamiss10ner, or his designee, declare <br />all sums securcd by this mortgage to be Immediately due lInd l'llYllble if all or a part of the property is sold <br />or otherwlae transferred (other than by dcvise. descent. or opcrlltion of law) by the mortgagor, pursuant toa <br />contract. of alllc executed not later than 12 months after the date on which the mortgage 1. endor.ed for insur- <br />iUlce, to II purchaser who lie credit hilS not been approved in accordance with the requirements of the Co.uss1oner. <br />(If the property 1.0 not tile principal or secondary residcnce of the mortgagor, "24 months" must be substituted <br />f....r "12 Illonth:/i.") <br />Executed this 8th day of June 1988 by <br /> <br />Michael A. Smith and Donna L. Smith, husband <br /> <br />and wife. <br /> <br />~ll:lJ:,J II <br />, I <br />MIchael A. Smith <br /> <br />4~1!}( - <br /> <br />(, ~~._, l('\-,.~ :-....c-~~ ~~ <br /> <br />" . <br />''h'''o'~-,_.....):.-\, <br /> <br />STATE OF NEBRASKA <br /> <br />COUNTY OF HALL <br />On Ihe 8th ray of <br />bofore me. a NOlary Public In and for <br />personally appewed <br />Michael A. Smith and Donna <br /> <br />} S6, <br /> <br />Donna L. Smith <br /> <br />June <br />said <br /> <br />. A,D. Nineteen Hundred and Eighty-Eight <br />County. Stale of Nebraska <br /> <br />L. Smith. husband and wife, <br /> <br />to me known to be the person(s) nBmed and who executed the foregoing instrument and acknowledged that they have executed the <br />same as thei r IIoluntaly act and deed. <br /> <br />My Commls9ion expires <br /> <br />J:DML IItAIY-".... <br />CO"",Ia. aALn <br />~!'>:o,;; II CIa _""1\, ,. <br /> <br />// <br />~;?e-.;nue..~ .S'::;"") CY:(:;,.6 "'.... <br /> <br />Notary Public In 11M 10' Ill1ld Count'l' <br />