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88103340
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88103340
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Last modified
3/9/2007 5:41:26 PM
Creation date
3/9/2007 4:36:48 AM
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DEEDS
Inst Number
88103340
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<br />88- 103340 <br /> <br />FHA ASSUMPTION POLICY RIDER <br /> <br />J NOTICE: THIS RIDER ADDS A PROVISION TO THE INSTRUMENT ALLOWING THE MORTGAGU.TO <br />REQUIRE PAYMENT OF TOE NOTE IN FULL UPON TRANSFER OF ALL OR PART OF THE PROPERTY. <br /> <br />This Assumption Policy Rider is made this 20 tit day of JUJlt ,19 aa . 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 dategiy~n by the undersigned (the "Mortgagor") to secure the Mortgagor's <br />Note (the UNote") of t~_ ~ CUIPORATION <br /> <br />(the "Mortgagee") and covering the property described in the Instrument and located at: <br />4040 DRIFTUOOJ) &RAND IS\.AHJ) HE 66803 <br /> <br />(Property Address) <br /> <br />AMENDED COVENANT. In addition to the covenants and agreements made in the Instrument, Mongageeand <br />Mortgagor further covenant and agree as foUows: <br /> <br />The Mortgagee shall, with the prior approval of the Federal Housing Commissioner, or his d("Sj8D<<, <br />declare all sums secured by this mortgage to be immediately due and payable if all or pan 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 rnl2 D 24 months after the dale OD <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 has executed this Assumption Policy Rider. <br /> <br />j(~ A ~ <br />0, StlICK <br /> <br />(Seal) <br />Mortgagor <br /> <br />QatdP 0 ~uJ) <br />111.1E D. QUIt <br /> <br />(SaIl) <br />Monaaaor <br /> <br />(Seal) <br />Mortgagor <br /> <br />(Seal) <br />Monpaor <br />(Sirn 0ri~1tIII OIIIy) <br /> <br />NOTE: J f the property is nol the principal or secondary residence of I he Monlllor. 24 months wiJl be checked iDltcwl of 121D0111M. <br />(Space below this line for acknowledaemenl) <br /> <br />....621 111021 FHA Allumptlon PollcV Rider - Multl.tete <br />VMP MOATClAGE fOAMS' 13'3129311'00 . 111001621 729' <br /> <br />2188 <br />
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