89101268 - Laserfiche WebLink

Browse

FHA ASSUMPTION. POLICY RIDER - 1 TTIMTIS RIDER ADDS A PR0VMk9'T ?%4F . TBF Ih`. :t "ALLOWING MEVdJXGA Pal IMENT OF THE NOTE lit %, F ' ' ff�;Y;` pr "#IF ALL OR PART OF'"�iH€IC Fii�1 Y. This Assumption Policy Rider is made this 1� th day of March '19 69 and is incorporated: into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debti (the "Instrument" of the same dat�e� �ggiven by the undersigned (the "Mortgagor ") to secure the Mortgagor's Note (the "Note ") of t =lW L�F9CAATIfh: (the "Mortgagee") lARIRT covering tllC i tl5Lr�i,� `sail ed in hp Instrument and located at: (Property Address) AMENDED COVENANT. In addition to the covenants and agreements made in the Instrument. Mortgagee and Mortgagor further covenant and agar a� folloyvs: The Mortgagee shall, with the prior approval of the Federal Housing Commissioner, or his designee, declare all sums secured by this mortga.0 to be immediately due and payable if all or part of the prop- erty is sold or otherwise transfezred (o4ber than by devise, descent or operation of law) by the mort- gagor, pursuant to a contract of sate viconed not later than EM12 f1 24 months after the-date on which the mortgage is executed, to a,pvrzhaser whose credit has not been approved in a6zrjance with the requirements of the Cornmissi:J,_l:r. IN WITH WHEREOF, the Mortgaor has executed this Assumption Policy Rider. 1CHAEL 3EFt (Seal) (Seal) :11oftl< t(l�tl 5. DEBDEf( Mortgagor (sea)) (Seal) Mortgagor Mart tgor (Sigh Original Only r,OM: If the property is net )tie priacisal cr seuvc4ary residence of the Mortgagor. 24 months will be checked � sd of 12 months. ___t5�aee batow this line for acknowledgement), _ 40-521 i8g1 v i FHA Assumption Potrcy R dar - MultMate %till R1QAT4'AGE FORMS • 1313,293SIM • 1800j521.7291 11188 • �.�� ci�rx. h f •� __