Laserfiche WebLink
I <br />IN <br />J <br />gg-- 101258 <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 IN FULL UPON TRANSFER OF ALL OR PART OF THE PROPERTY. <br />This Assumption Policy Rider is made this 11 th day of 11arch „ 19 69 , and is <br />U=rporated into, and shat) be deemed to amend-and supplement the NVliarrgage, Deed of Tru.=*, rir Deed to Secure <br />II .( tl�mr "Instrument "1 o_f the same date g�vert b the undersigned (thr- ";Wortgagor ") to se+ n- Lhe Mortgagor's <br />Neff ya?he "Nate ') of tlf a CDRPQRfite14 <br />(tom "tilon ate ' "1 a:ad covenn the ppropertyy deszribed in the Instrutttr::it and located at: <br />f <br />E DRIVE GRAkD ISLR,,2,• -6a- U803 <br />• a�:�perrr �:r�ai ' �' <br />AMENDED COVENANT. In a�t�n:e� m t t�e.:3venants and agreeme t., :, ;:ade i,�t to Instrument, Mortgagee and <br />Mortgagor further covecar- and agree as fdEoWi: <br />The N1a ;r&s,5-�small, with the• p; i, r approval of the Federal Housing Commissioner, or his designee, <br />deciar alai: suns secured by this hortgage to be immediately due and payable if all or part of the prop- <br />erty is sold or othe. -wise transferred (other than by devise, descent or operation of taw) by the mort- <br />gagor, pursuant to z- ontract of sale executed not later than 412024 months after the date on ils <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 executed this Assumption Policy Rider. <br />BRADLEY' M <br />W BILLS (seal) (Seal) <br />ortgagor CAROL d. BILLS Mortgagor <br />(Seal) (Seal) <br />Mortgagor Mortgagor <br />(Sign Original Only <br />NOTE: If the property is not the vrincipal or secondary residence of the Mortgagor, :,t jjli;nths will be checked ins grad of 12 months. <br />below this line for acknowledge.-neno <br />t.:- 521 (eel T, FHA Assumption Policy Rider - Multistate <br />VPAP MORTGAGE FORMS • 1313 293 8100 • (9001521 7231 <br />11/88 <br />J <br />t <br />• � J <br />R � <br />