Laserfiche WebLink
Alk <br />AML <br />I <br />19 <br />89. 104986 <br />MIA ASSUMPTION POLICY RIDER <br />r4ance THIS RIDER ADDS A PROVISION TO THE UNSTRUNWNT ALLOWING THE MORTGA0. Eli TO <br />WOUBW PAWENTI OF ME NOTE IN FULL UPON <br />TRANSFER OF ALL OR PART OF TIDE PROPERTY. <br />This Assumption Policy Rider is made this 15th day of September 19 89 and is <br />incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust. or Deed to Secure <br />Debt (the "Instrument") of the same date given by the undersigned (the "Mortgagor") to secure the Mortgagor's <br />Note (the "Note") of the same date to The Overland National Bank of Grand Island, <br />Grand Island, Nebraska <br />(the "Mortgagee") and covering the property described in the Instrument and located at:' <br />1828 North Kruse <br />Grand Island, NE 68803 <br />(Property 'Addna);- <br />AMENDED COVENANT. In addition to the co �lIts m <br />covenants and .0 ado in the Instrument, Mortgagee and <br />Mortgagor further covenant and agree as follows: <br />The Mortgagee shall, with the prior approval of the Federal:Hanang Commissioner, or his designee,.. <br />declare all sums secured by this mortgage to be immediately &r a 'd 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 snort= <br />gagor, pursuant to a contract of sale executed not IaWr than 1XJ12 El 24 months after the date cm <br />which the mortgage is endorsed for insurance, to a purchaser whose credit has not been apprqial:. <br />in accordance with the requirements of the Commissioner. <br />IN 7WSS W;HERZEOF,t ortgager has executed this Assumption Policy Rider. <br />11 A*- (Sew) Alary CCG&db7s- "eal) <br />Mortgagor Mortgagor <br />(Sew) <br />r Mortgagor <br />Mortgagor <br />(540 original only) <br />NOTE: If the property is rm .i.he principal or secondary rtsidence of the Mortgagcr, 24 months will be checked instead of 12 rpotfths- <br />below this fine for, acknowledgement <br />4W 521 (asozo FHA Assumption Policy Rider — Multistate 2/88 <br />VMPMORTGAGMAMS • (313)293-8100 • I80 IM'7291 <br />