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J <br />FHA ASSUMPTION POLICY RIDER <br />NOTICE: THIS RID£R ADDS A PROVISION TO THE INSTRUMENT ALLOWING THE MORTGAGEE TO _ <br />REQUIRE PAVMENT OF THE NOTE IN FULL UPON TRANSFER OF ALL OR PART OF THE PROPERTY. <br />This Assumption Policy Rider is made this 24 to day of February .19 99 , and is <br />incorporated into and shall be deemed to amend hand supplement the Mortgage, Deed of Trust, or Deed to Secure <br />Debt (the "Instrument'����Nr the undersigned (the "Mortgagor") to secure the Mortgagor's <br />Note (the "Note ") of t <br />(the "MortgageejAWgjW t - escoped_.tn& Instrument and located at: <br />1,P.'t±tylerty Address) <br />AMENDED COVENANT. In addition to the covenants and agreements made in the CTtstrument, Mortgagee and <br />Mortgagor further coverrartt and agree as follows:. <br />The Mortgagee shall, with the prior approval of the Federal Housing Commissioner, or his <br />declare all sutras secured by this mortgage to be immediately due and payable if all or part of iite;ion <br />erty is sold or otherwise transferred (other than by devise, desMt or operation of law) by the snort- <br />gagor, pursuant to a contract of sale executed not later than LM2 7124 months after thi, 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 />L. ,%!TNTSS WHEREOF, the Mortgagor has executed this Assumption Policy Rider. <br />r� (Seal)tn Cn n �- 9 (Seal) <br />Mortgagor KIPH Mortgagor <br />(Seal) (Seal) <br />Mortgagor Mortgagor <br />(Sign Original Only) <br />NOTE: if the pn--peny is not the principal orsecondary residence of tlt¢,AMr:gagor, 24 months will be checked instead of 12 months. <br />�wpace below this line for e:.klimiledgentent) <br />4O 521 1seT11 FHA Assurn;,uon Policy,fildw •- Multistate <br />VNIP %IOATGAGE FORMS • 131312938100 • 18001521 7291 <br />1 <br />r <br />r <br />. It <br />i <br />i <br />_[may <br />r <br />Cs c <br />__ <br />