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L ' ?t L F 89- 101435 FHA ASSUMPTION POLICY RIDER J NOTICE: THIS RIDER ADDS A PROVISION TO THE INSTRUMENT ALLOWING THE MORTGAGEE TO REQUIRE PAYMENT o1P THE NOTE IN FULL UPON TRANSFER OF ALL OR PART OF THE PROPERTY. This Assumption Policy Rider is made this 24 th day of March .19 89 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt (the "Instrument ") of the same date given by the undersigned (the "Mortgagor ") to secure the Mortgagor's Note (the "Note ") of tlW )6&e?NFVffi GORFDRATION (the "Mortgagee") and covering the property described in the Instrument and located at: 1815 GRAND ISLAND AU GRAND ISLAND NE 688033 (Property Addrus) AMENDED COVENANT. In addition to the covenants and agreemeixis' made in the Instrument, Mortgaaaed Mortgagor further covenant and agree as follows: The Mortgagee-shall, witht e.prior approval of the Federal Housing Commissioner, or his designee, declare all surn secured by has mortgage to be immediately due and payable if all or part of the prop- erty is sold or oth.,rwise trr§ferred (other than by devise, dewort or operation of law) by the mort- gagor, pursuant to a contra of sale executed not later than 'M; 12 = 24 months after the date on which the mortgage is exe=xd, to a purchaser whose credit has not berm approved in accordance w-fth the requirements of tfte Commissioner. IN WITNESS WHEREOF, the Mortgagor has executed this Assumption Policy Rider. " (Seal) DONALD 6. LISKE (Seal) Mortgagor UL E R. LISKE Mortgagor (Seal) (Seal) Mortgagor Mortgagor (Sign Original Only) NOTE: It the property is not the principal or secondary residence of the MortSay,ljr,Z4 months will be checked instead of 12 months. (Space below this line for acknuwlesigement) 4,-621 1e8111 FHA Assumption Pol;;.y Rider . Multistate V- UPWOFOGAGE FORMS • 13131293 8100 • 18001521 7291 11 /88 J J -i f+ r t' -i