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1 n r 89-- 100478 FHA ASSUMPTION POLICY RIDER J NOTICE: THIS RIDER ADDS A PROVISION TO THE INSTRUMENT ALL OWING THE MORTGAGEE TO REQUIRE PAYMENT OF THE NOTE IN FULL UPON TRANSFER OF ALL OR PART OF THE PROPERTY. This Assumption Policy Rider is made this 27th day of January 1989 incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Deist (the "Instrument ") of the same date given by the undersigned (the "Mortgagor ") to secure the Mortgagor's Note (the "Note ") of the same date to Central Mortgage Corporation (the "Mortgagee ") and covering the property described in the Instrument: and located at: 409 E. Delaware, Grand Island, Nebraska (Property Address) AMENDED COVENANT. In addition to the covenants and agreements made in the Instrument, Mortgagee and Mortgagor further covenant and agree as follows: L The Mortgagee shall, with, the prior approval of the Federal Housing Commissioner, or his designee, declare all sums secured by this mortgage to be immediately due and payable if all or part of the prop- erty is sold or otherwise.tdansferred (other than by devise, descent or operation of law) by the mart- Pgor, pursuant to a contract of sale executed not later than U112 024 months after the date on which the mortgage is executed, to a purchaser whose credit has not been approved in accordance with the requirements of the Commissioner. IN WITNESS WHEREOF, tixe Mortgagor has executed this Assumption. Policy Rider. (Seal) �. Steven E. Goosic Mort ( ) Mortgagor Linda Lea Goosic Mortgagor (Seal) (dal) Mortgagor (Seal) Aign Original Only) NOTE: If thenroperty is not the principal or secondary residence ar the Mort' Igor, 24 modit will be checked instead.' f 12 months. (Space below this line for acknowledgemeat) -521 (8811) FHA Assumption Policy Rider — Multistate VMP MORTGAGE FORMS • 1313)293 -8100 • ;8001521.7291 L 11/88 J llr T. IF.m C.