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88103545
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88103545
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Last modified
3/9/2007 5:41:28 PM
Creation date
3/9/2007 4:37:20 AM
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DEEDS
Inst Number
88103545
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<br />". .;.~'-~'-_.~'-'..,," -""_:':"",.~,,,--'-':":':..'". <br /> <br />88-103545 <br /> <br />FHA ASSUMPTION POLICY RIDER <br /> <br />J NOTICE: THIS RIDER ADDS A PROVISION TO THE INSTRUMENT ALLOWING THE MORTGAGEE TO <br />REQUIRE PAYMENT OF THE NOTE h"l FULL UPON TRANSFEROr ALL OR PART OF THE PROPERTY. <br /> <br />This Assumption Policy Rider is made this 30 th day of June ,19M . 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 tIfaBHlJe WM CORPORATIOH . <br /> <br />(the "Mortgagee") and covering the property described in the Instrument and located at: <br />206 W. IIECCA CAIRO HE 66824 <br /> <br />(Property Address) <br /> <br />AMENDED COVENANT. In addition to the covenants and agreements made in the Instrument, Mortgagee and <br />Mortgagor further covenant and agree as follows: <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 or part of the prop- <br />erty is sold or otherwise transferred (other tban by devise, descent or operation of law) by the mort- <br />gagor, pursuant to a contract of sale executed not later than rn12 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 WHEREOFjy Mortgagor, has executed this Assumption Policy Rider. <br /> <br />1........ () ~ (Seal) _~*~~~ (Seal) <br /> <br />DEHNIS A. FRIES Mortgagor LORETTA ft. FRIES Mortgagor <br /> <br />(Seal) <br />Mortgagor <br /> <br />(Seal) <br />Mortgagor <br />(Sign Orig;lUIl Only) <br /> <br />NOTE: If the property is not the principal or secondary residence of the Mortgagor, 24 months will be checked instead of 12 mODths. <br />(Space below this line for acknowledgement) <br /> <br />....621 IB8021 FHA AB8umptlon Policy Rider - Multl8tate <br />VMP MORTG.t.OC FORMS' 13131293,8100 . 18001621.7291 <br /> <br />"~~'---I <br /> <br /> <br />:iF. . <br /> <br />2/88 <br />
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