Laserfiche WebLink
�I <br />3 <br />J <br />1 <br />89- .;00948 <br />FHA ASSUMPTION POLICY RIDER <br />NOTICE: THIS RIDER ADDS A PROVISION TO THE INSTRUMENT ALLOWING THE MORTGAGEE TO <br />REQUIRE PAYMENT OF THE NOTE I1% FUlX iIPON TRANSFER OF ALL OR PART OF THE PROPMT - -Y, <br />This Assumption Policy Rider is made this 13 0 day of 6 14 <br />into �� � and is <br />incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust 1 #o Secure <br />Debt (the "Instrument" h y the undersigned (the "Mortgagor ') to secure the i Iort a or's <br />Note (the "Note ") of W g g <br />(the "Mortgagf a$jj0vering t{W rty des c <br />,gbU the Instrument and located at: <br />(Property Address) <br />AMENDED COVENANT. 2i addition to the covenants and agreements trade in the Instrument, Mortgagee and <br />Mortgagor further covenant and agree as folIows:- <br />i he 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 />crty is sold or otherwise transferred (other than by devise, desert or operation of law) by the mort- <br />gagor, pursuant to a contract of sale executed not later than 12 1:124 months after the date on <br />which the mortgage is executed, to a purchaser whose credit has not been approved in accordance: <br />with the requirements of the Commissioner. <br />IN WITNESS WHEREOF, the Mortgagor has e..Y cuted this Assumption Feltcy Rider. <br />(Sea {j:. �t[FJ� �6 <br />NMrtgagor u' ( ) <br />r Mortgagor <br />(Seal) <br />Mortgagor Mortgagor' <br />(sign OH9111111 only) <br />NOTE: !t'iite rPOperty is not the itid"dPal or secondary residence of the Mortgagor, 24 months will be checked instead of 12 months. <br />(Space below this line for acknOwfolgement) <br />4W S21 19911, FHA Assumption Poficy Hider - Multistate <br />VMP MORTGAGE FORMS • 13131193 81Cro • F9001521 7191 <br />L <br />L <br />11/88 <br />_1 <br />J <br />1�ji :1V',Y• i <br />F <br />F-' <br />itrr:, <br />� F <br />r'. <br />1- <br />