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<br />88- 104581 <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 i, made this 19 tb day of Aulust . 19 81 . and is <br />incorporaled into and shall be deemed to amend and supplemenl the Mortgagc, Dced of Trust, or Deed 10 Secure <br />Debt (the "Instrumenl") of the ,ame da~n by the undersigned (!hc "Mortgagor") to ,coure the Mortgagor', <br />Note (the "Notc") of tJIiq_1IIN HOlt <br /> <br />(the "Mortgag~~'J ::s~ '::liering the~PfS3Jescr:edJA'o~he In'trument and localed at: <br /> <br />(Propen)' Address) <br /> <br />AMENDED COVENANT, In addition to thc covenant' and agreements madc in the lnstrumcnt. Mortgagce and <br />Mortgagor further covenant and agree a, follows: <br /> <br />The Mortgagee ,hall. with thc prior approval of thc Federal Housing Commissioner. or hi, dcsignee. <br />dcclare all ,urn, secured by this mortgage to be immediately due and payable if all or parI of thc prop- <br />crty is ,old or otherwise Iran,ferred (olher than by devise, dc,cem or opcrntion of law) by the mort- <br />gagor, pursuanlto a comract of ,alc excouted nol later I han [!)12 D 24 month, after the datc 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, thc Mortgagor has execuled this Assumplion Policy Ridcr. <br /> <br />.f 1 <br />-=7A~;;'~ 7? ~~<J! <br />IIOIAS R. IIASOH <br /> <br />~ (Seal) <br />Mortgagor <br /> <br />,o~. ~ 111'1.;' Ie r '7) ,~~, Dr) (Seal) <br />lX:RALDllE . IlASOII Mortgagor <br /> <br />(SeaI1 <br />Mortgagor <br /> <br />(Seal) <br />Mortgagor <br />(Sign Original Onl)~ <br /> <br />NOTE: If 1he properlY is nOl the principal or lrCCondary rc:sldC:IIl.."t: 01 the Mortgagor, 24 months will be; checked instead of 12 months. <br />(Spacl:' below Ihl... line: for lu:knowlr:d8c:ment) <br /> <br />___521 188021 FHA Assumplion Policy Rider - Multimate <br />VMP MORTGAGE FORMS. IJ131293.fHOO . 1800!5c21 7191 <br /> <br />2/88 <br />