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<br />88- <br /> <br />MORTGAGE OR DEED OF TRUST RIDER <br />to FHA Insurad Losn <br /> <br />106321 <br /> <br />0933767-9 <br /> <br />Thill Rider, dated the ~rtllBY of November 19-!!!L.. <br />...nda the D.ed o~ Trust of eV9n date by and between <br />Msrilyn G. Arnold and Robin K. Arnold, ,the Borrower!s), and <br />Commercial Federal SavinRs and Loan Association, the Trust..., and <br />Colltllercial Federal Mortgage Corporation the Lender. <br />sa foJ.J.ow.. <br /> <br />ASSUMPTION CLAUSE <br /> <br />The ~rtgagee shall. with the prior approval of the Federal Rousing <br />Commiasioner, or his designee, declare all sums secured by this mortgage to be <br />.tllllll!diately due and payable if . sll or a part of the property is sold or, <br />otherwise transferreD (~thet 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 ;-purChaser <br />whoae credit has not been approved in accordance !rith the requirements of the <br />Coaaissioner. <br /> <br />IN WITNESS WHEREOF, the borrowArls) has set his hand and seaJ. <br />the day and year ~lr.t aforesaid. <br /> <br /> <br />\ <br />~'V~ <br /> <br />J.-' <br /> <br />State of <br /> <br />Nebraska <br /> <br />sa. <br /> <br />County of Hall <br /> <br />Th. foregoing InstruII.nt was acknowledged before me thl. <br />day o~ November , 19~ by M~rilvn r.. Arnold :mri Rnhin K <br />wife and husband <br />Witn... .y hand and notarIal seal at Grand Island <br />In .~d county. the date aforesaid. <br /> <br />..2.ltlL <br /> <br />Arnnld, <br /> <br />My co..l..lon .xpl~e.: <br /> <br />~ <br /> <br />Notary Public <br /> <br />~ <br /> <br />, G. 1,".riJNClI.ry.StllhloIN~b~ <br />!;", KRIS,IE HOLMSTflli....' <br />~........"'- M\'Comrn.b~.DeC.J2.19B~ <br /> <br />TMC-242 (gel <br />NEW 8/88 <br />