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<br />88 0933712-7 <br />-10620t5 <br /> <br />MORTGAGE OR DEED OF TRUST RIDER <br />to FHA Insured Loan <br /> <br />Thia Rider, dated the ~hday of <br />-..end. tha Daad o~ Trust of even <br />Larry L.. Chitty and Lynnette R Chitt <br />aDUllerc e era aviD 8 and Loan Association , <br />~ommerc e er rtgage Corporation <br /> <br />November 19,.aL, <br />date by and between <br />the BorrowerCs), and <br />the Tru~t.a, and <br />the Lender, <br /> <br />a. follow.. <br /> <br />ASSUMPTION CLAUSE <br /> <br />The mo,rtgagee ahalt. with the prior approval of the Federal Housing <br />Commissioner, or his designee, declare all sums secured by this mortgage to be <br />1_4iately due and payable if _ all or a part of the property 1s sold or_ <br />otherwise transferred (4ther than by devise, descent or'operation of law) by the <br />mortgagor, pursuant to a contract of sales executed not later than 12 months <br />after the date of which the mortgage is endorsed for insurance'to a-purchaser <br />whose credit has not been approved in accordance with the requirements of the <br />Cooa1ssione r. <br /> <br />IN WITNESS WHEREOF, the borrowp.rCs) has set his hand and <br />the day and year first aforesaid. <br /> <br />seal <br /> <br />,~~~~"eUl <br />~~:~&C~-I~ <br /> <br />State of Nebraska <br /> <br />County of Hall <br /> <br />The fOk'eqoinq instrument was acknowledqed before me this Uit.h..... <br />day of November . 19~ by Larry L_ Chittv and Lvnnettp R ChHry. <br />Husband and W1te <br />Witne.. .y hand and notarial seal <br />in .a1d oounty, the date aforesaid. <br /> <br />.s. <br /> <br />"y co..1..1on exp1res: <br /> <br />r IlTARV-Slall..... <br />HAL A. SCHAGER <br />....l:Dmm EJp_ June 20. 1.1 <br /> <br /> <br />TMC-242 (qc) <br />NEW 8/B8 <br />