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1 <br />F 89•-- 100317 <br />FICA ASSU14IPTION POLICY RIDER <br />J NOTICE: THIS RIDER ADDS A PROVISION TO THE INSTRUMENT ALLOWING THE MORTGAGEE TO <br />REQUIRE PAYMENT OF THE NOTE IN FULL UPON TRANSFER OF ALL OR PART OF THE PROPERTY. <br />20 th <br />This Assumption Policy Rider is made this day of Jstwtfr 119 89 , and is <br />incorporated into and shall be deemed to amend bavnd supplement the Mortgage, Deed of Trust, or Decd to Secure <br />Debt (the " Ia( Instrument"y a# a � the undersigned (the "Mortgagor ") to secure the Mortgagor's <br />Note (the "Note") of t <br />(the "Mortgagelaw"*g th t, esVa he Instrument and located at: <br />(Property Add=) . <br />AMENDED COVENANT. In addition,to the covenants and agreements made in the Instrument, Mortgagee anti: <br />Mortgagor further covenant and -agree as ,follows: <br />The Mortgagee shall, with the prior approval of the Federal Housing Commissioner, or his designee, <br />declare all sums secured by this mortgage to be immediately due and payable if all or part of the prop- <br />erty is sold or otherwise transferred(pther than;by devise, descW or operation of law) by the mort- <br />gagor, pursuant to a contract of sale'ekecuted,net:.later than 12 024 months after the date.gn <br />which the mortgage is endorsed for insurance,: td a purchaser whose credit has not been approved. . <br />in accordance with the requirements of the Commissioner: <br />IN WITNESS WHEREOF, the Mortgagor has executed this Assumption Policy Rider. <br />itEn1 VilMefligl (S) (mil) <br />Mortgagor Mortgagor <br />(te) <br />Mortgagor <br />Mortgagor <br />(Sign Original Only) <br />NOTE:. If ft property is not the principal or secondary residence .of the Mortgagor, 24 months will be checked instead of 12 months. <br />-- (Space below this lane for acknowledgement) <br />7 <br />4_521 (smi FHA Assumption Policy Rider — Multistate 2188 <br />VMP MORTGAM FORMS • 131312934100 • (8001521.7291 <br />i <br />i <br />I <br />