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<br />88- 105531 <br /> <br />Rider to Mortgage/Deed of Trust <br /> <br />This rider supplements and amends the Mortgage/Deed of Trust of eVen <br />herewith by anrl bet~een Home Federal Sauings and Loan Association of <br />Island as Mortgage/Beneficiary and Keuin A. Pedersen <br />Debra K. Pedersen , husband and wife, and <br />. a single nerson, and , a single <br />person as flbrtgagors/Grantors, and this rider is incorporated in and by re- <br />ference made a part of the aforesaid Mortgage/Deed of Trust, as follows: <br /> <br />date <br />Grand <br />and <br /> <br />The Mortgagee shall, with the prior approval. of the Federal <br />Housing Commissioner, or his designee, declare all sums se- <br />cured by this mortgage to be immediately due and payable if <br />ail or part of the property is sold or otherwise transferred <br />(other than by devise, descent or operation of law) by the <br />mortgagor, pursuant to a contract of sale executed not later <br />than 12 months after the date on which the mortgage is en- <br />dorsed for i~3urance to a purchaser whose credit has not been <br />approved in dccordance with the requirements of the commissioner. <br /> <br />In witness whereof, Mortgagors/Grantors have executed this rider this <br />14th Day of October , 19 8B. <br /> <br />October 14. 1988 <br />DATE <br /> <br />~E.. <br />Ke in A. Pedersen <br /> <br />October 14. 19B8 <br /> <br />AJ.tJlV20 /1 A/J'b~ ) <br /> <br />Debra K. Pedersen <br /> <br />DATE <br /> <br />DATE <br /> <br />DATE <br />