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l� <br />i <br />107367 <br />RE- RECORDED <br />87-- 100501 <br />The mortgagee shall, with the prior approval of the Federal Housing Commission- <br />er, or his designee, declare all sums secured by this mortgage to be imnediately <br />due and payable if all or a part of the property is sold or otherwise trans- <br />ferred (other than by devise, descent or operation of law) by the mortgagor, <br />pursuant to a contract of sate executed not later than 24 months after the date <br />of execution of this mortgage or not later than 24 months after the date of a <br />prior transfer of the property subject to this mortgage, to a p.rchaser whose <br />credit has not been approved in accordance with the requirements of the <br />Commissioner. <br />,.D <br />_,., tjo dyyer Jane le V. Knudsen <br />R <br />Borrower <br />M <br />I <br />