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88104203
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88104203
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Last modified
3/9/2007 5:41:33 PM
Creation date
3/9/2007 4:38:57 AM
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DEEDS
Inst Number
88104203
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<br />88~104203 <br /> <br />FHA ASSUMPTION POLICY RIDER <br /> <br />J <br /> <br />NOTICE: THIS RIDER ADDS A PROVISION TO THE INSTRUMENT ALLOWING THE MORTGAGEE TO <br />REQUIRE PAYMENT OF THE NOTE IN FULL UPON TRANSFER OF ALL OR PART OF THE PROPERTY. <br /> <br />This Assumption Policy Rider is made this 29 th day of July ,19 88 , 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 ttkE4I&Ve WlfilC!i1iQf CORPORATION <br /> <br />(the "Mortgagee") and covering the property described in the Instrument and located at: <br />2131 IIEST 15TH GRAND ISlAHD HE (,8803 <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 10 be immedialely due and payable if all or part of the prop- <br />erty is sold or otherwise transferred (other than by devise, desce!lt or operation of law) by the mort- <br />gagor, pursuant to a contract of sale executed not laler than [B12 024 months after the date on <br />which the mortgage is endorsed for insurance, 10 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 execuled Ihis Assumption Policy Rider. <br /> <br />~~-'-~ A0. :;L ''''II <br /> <br />DEHHIS D. ZISKA Mortgagor <br /> <br />5'1 \~. C'z~~' fl. ~.:-,,~(\...' <br />j <br /> <br />(Seal) <br />Mortgagor <br /> <br />(Seal) <br />Mortgagor <br /> <br />(Seal) <br />Mortgagor <br />(Sign Original Only) <br /> <br />NOTE: If the property is notlhe principal or !.eCOndary residence of the Mortgagor. 24 months will be checked inslead of 12 months. <br />(Space below Ihis line for acknowledgement) <br /> <br />..:521 118021 FHA Assumption PolicV Rider - Mult.state <br />VMP MORTGAGE FORMS. 13131293-8100 . 18001521.1291 <br /> <br />2/88 <br />
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