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1 <br />L <br />i. 'µ <br />J <br />0 <br />f0is9n <br />FHA ASSUMPTION POLICY RIDER <br />NOTICE: THIS RIDER ADDS A PROVISION TO THE L` STRUMENT ALLOWING THE, MORTGAGEE TO <br />REQUIRE PAYMENT OF:THE NOTE IN FULL UPON TKANSFER OF ALL OR PART OF THE PROPERTY. <br />This Assumption Policy" Rider is made this ib t� day of !latch '19 89 , and is <br />incorporated into and shall .be deemed to amend and suppkment the Mortgage, Deed of Trust, or. Deed to Secure <br />Debt (the "Instrument"YOf .the same date given by the undersigned (the "Mortgagor ") to secure de Mortgagor's <br />Note (the "Note ") CORPORATION <br />(the "Mortgagee ") and -: overing the property described in t'ae Instrument and located at: <br />1723 LArR3iTONE GRAND ISLAND HE 58803;; <br />(Property. Address) <br />AMENDED COVENANT. In addition to the covenants aad agreements made is ttie Instrument, Mortgagee and <br />Mortgagor further covenant and agree as follows: <br />The Mortgagee" shall, with the prior approval of the Federal Housing Commissioner, or his designee, <br />declare all sutras secured by this mortgage to be imriediately due and payable if all or part of the prop- <br />erty is sold or otherwise transferred (other than by. devise, descent or operation of law) by the mort- . <br />gagor, pursuans'lo a contract of sale executtd nnc later than PM 12 024 months aftei. &he date on <br />which the mortgage is executed, to a pimhaser whose credit has not been appray&-- 1i-.as:cordancc <br />with the require&ents of the Cotnmi0wher. <br />IN TNESS WHEREOF, the Mortgagor- has executed this Assumption Policy- Rider. <br />r , L1 ylJ�2 <br />(Seal) () <br />C?1L J. UHLIK JR. Mortgagor CHARLOTTE A. UHLIK MortT,4 -,0T " <br />(Seal) (Seal) <br />Moragagor Mortgagor <br />(Sign Original Only) <br />NOTE: {f ike property is not the principal or seaondari fesidence of the Mortgagor, 24 months will be checked instead of 12 months. <br />(Space below thin line for acknowledgement) - -- <br />4O 521 (sari) FHA Assumption Policy Ri e, -- Mlfriistflte <br />VMPMONTGA3f ;f0P.M5 • f313)293 8100 • (8001621 7291 <br />1A <br />11188 <br />i- <br />f <br />TL <br />f� <br />fdy a <br />-i <br />