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-r ,J 88- 104361 FHA ASSUMPTION POLICY RIDER J NOTICE: THIS mDER 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. ! 1;" " i',' This Assumption Policy Rider is made this 8 th day of August . 19 8il , and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt (the "Instrument") of the same date givcn by the undersigned (the "Mortgagor") to secure the Mortgagor's Note (the "Note") of th~lW!b lfIdTli9l9' CORPORATION , t~. i.' r; r' (the "Mortgagee") and covering the property described in the Instrument and located at: 2208 BRAH"A GRAND ISLAND NE 68801 I~; tProperty Address) ~ AMENDED COVENANT. In addition to the covenants and agreements made in the Instrument. Mortgagee and Mortgagor furthcr 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, descent or operation of law) by the mort- gagor, pursuant to a contract of sale executed not later than LBl2 D 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. IN. ~ITNESS WHERE:~F' the Mortgagor has executed this ~Ption Policy Ri~ // ( "~f / I (Seal) (~/r~~~ /~) THOMS A. TINGLE Mortgagor COLLEEN n. T GLE "/ (Seal) Mortgagor (Seal) Mortgagor (Seal) Mortgagor (Sign Original Only) NOTE: If the property is not the principal or secondary residence of the Mortgagor. 24 months will be checked instead of 12 months. (Space below this line for acknowledgement) .~-52' l8B021 FHA Assumption Policy Rider - Multistate VMP MORTGAGE FORMS. 13131293.8100. lBooI521-7291 2/88