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<br />88_103119 <br />FHA ASSUMPTION POLICY RIDER <br /> <br />J <br /> <br />NonCE: THIS RIDER ADDS A PROVISION TO THE INSTRUMENT ALLOWING THE MORTGAGEE TO <br />REQtJlRE PAYMENT OF THE NOTE IN FULL UPON TRANSFER OF ALLOR PART OF THE PROPERTY. <br /> <br />This Ailumption Policy Rider is made this 15th day of Il1nt ,19 aa,and is <br />incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or DeedtoSCCUre <br />Debt (the "Instrument") of the same dat~~i'{~n t:lY the undersigned (the "Mortgagor") to secure the Mortgagor's <br />Note (the "Note") of t~ IIW'li COIlPIJRllTIIlIl <br /> <br />i-;; <br />',' <br />":' <br /> <br />(the "Mortgagee"\ and covering the pr()~rty described in the Instrument and located at: <br />315 S. VINE 6RAIlII ISLIlIID HE 63801 <br /> <br />f'! <br />t~ <br />~t <br />[; <br />~ <br />I', <br />L <br />t <br />,. <br />o <br />!~ <br /> <br />(property Addrm) <br /> <br />AMENDED COVENANT. In addition to tbe covenants and agreements made in the Instrument, Mortgagee and <br />Mortsagor further covenant and agree as follows: <br /> <br />oj; <br />~: <br />, <br /> <br />The Mortgagee shall. with the prior approval of the Federal Housing Commissioner, or his designee, <br />declare all sums secured by this mortgage to be immediately due and payable if all nr part of tbe prop- <br />erty is sold or otherwise transferred (other than by devise, descent or operation of law) by the mort- <br />gagor, pursuant to a contract of sale executed not later than ~12 D 24 months after the date on <br />which the mortgage is endorsed for insurance, to a purchaser whose credit has not been approved <br />in accordance with the requirements of the Commissioner. <br /> <br />IN WITNESS WHEREOF, the Mortgagor bu executed this Assumption Policy Rider. <br /> <br />tJ~ '4~ (SeaJ) <br /> <br />ARTHUR 1\, HAHSEH Mortga.gor <br /> <br />G.. ~~ ~c;;;" d4 ~ ~Cl ~ (Seal) <br />ClHD S. H ' Mortgagor <br /> <br />(Seal) <br />Mortgagor <br /> <br />(SeaJ) <br />Mortgagor <br />(Sign Original Only) <br /> <br />NOTE: If the property is not the principal or secondary residence of the Mortsaaor. 24 months will be checked instead of 12 months. <br />ISpace below this line for acknowledaernent) <br /> <br />_.:121 111021 fHA Allumption Policy Rider - MIIltllltllto <br />VMl'MORTGAGl FORMS . 13131293,8'00 . 18001521,7291 <br /> <br />::!l88 <br />