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r I 88- 102360 FHA ASSUMPTION POLICY RIDER J NOTICE: THIS, RIDER ADDS A PROVISION TO THE INSTRUMENT ALLOWING THE MORTGAGEE TO REQUIRE PAYMENT OF THE NOTE IN FULL UPON TRANSFER OF ALL OR PART OF THE PROPERTY. This Assumption Policy Rider is made this b th day of "IY ,19 aa , and is incorporated into and shall be deemed to ,amend and supplement the Mortgage, Deed of Trust, or r:p~d ~G Secure Debt (the "Instrument"J,.~J"Uu:...aAl'..P~1iY the undersigned (the "Mortgagor") to secure the 1..ortgagor's Note (the "Note") of tM ~lIfre"8'l\n& - (the "Mortgagcmo~ f.1'bifR~ng th6RiWJlil~lIflescftb~3the 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 agree as follows: The Mortgagee shall, with the prior approval of the Federal Housing Commissioner, or his designee, declare all sums secured by this mortgage to be immediately due and payable if all or part of the prop- erty is sold or otherwise transferred (other than by devise, dcsc.-H,t or operation of law) by the mort- gagor, pursuant to a contract of sale executed not later than ~12 0 24 months after the date on which the mortgage is endorsed for insurance, to a purchaser whose credit has not been approved in accordance with the requirements of the Commissioner. e Mortgagor has executed this Assumption Policy Rider. (Seal) Mortgagor "*f6. ~ (//;:/Mg~ . 1 MortJ880r (Seal) Mortp&Or (Sign Origilllll 0Ifly) NOTE: If the property is nol the principal or secondary residence of the Mortgagor, 24 months will be checked instead of 12 montM. (Space below this line for acknowledgement) .,,;121 1111021 FHA AllumptJon Policy Rider - Multlst't. VMP MORTGAGE FOflMS . 1313121J3-S100 . C800IU1.72IJl :U88 L L ~