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<br />88-10350c <br /> <br />FHA CASE NO, <br />321 1249494 203(b) <br /> <br />TRANSFER OF PROPERTY RIDER <br />TO DEED OF TRUST/MORTGAGE <br /> <br />This Transfer of Property Rider is made this 29 t h day of I June, 1988 and amends the <br />provisions of the Deed of Trust/Mortgage, (the "Security Instrument") of the same date, by and between Thomas <br /> <br />J. Houdek and Margaret R. Houdek <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 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 pa~able 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 execuled this Transfer of Property Rider. <br /> <br />Signature of Trustor(s)/Mortgagor(s) <br /> <br />~de! dJJ-- <br /> <br />~l~ <br /> <br />Thomas J. oudek <br /> <br />ofj' <br />~ <br /> <br />FORM 2994 (1102) <br /> <br />mm~~~5~~~==~'~m~ <br />~. <br />(~ <br /> <br />:.. <br /> <br />L <br /> <br />--l <br /> <br /> <br />r <br />