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<br />--, <br /> <br />104932 <br />88- <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 IN FULL UPON TRANSFER OF ALL OR PART OF THE PROPERTY. <br /> <br />This Assumption Policy Rider is made this 8th day of 5eptflliJer , 1988 , and is <br />incorporated into and shall be d..med to amend and supplement Ihe Mortgs.ge, Deed of Trust, or Deed to Secure <br />Debt (the "Instrument") of the same date given by the undcrsigDed (the UMortgagor") to secure the Mongagorls <br />Note (thc "Nole") of the same date to CENIRAL KllIGIG! alll'lIlAT.lCII <br /> <br />([he "Mongag..") and covering the propeny described in the Instrument and located al: <br /> <br />4710 Calvin Drive, Grand Island, Nebraske 68801 <br />(Properly Address) <br /> <br />AMENDED COVENANT. In addition to the covenants and agreemems made in Ihelnstrument, Mortgagee and <br />Mortgagor funher covenant and agree as follows: <br /> <br />The Mongagee shall, with the prior approval of Ihe Federal Housing Commissioner, or his designee, <br />declare all sums secured by this mongagelo be immediately due and payable if all or pan of Ihe prop- <br />eny is sold or otherwise transferred (other than by devise. descenl at operation of law) by Ihe mon- <br />gagor, pursuanl to a contract of sale executed not laler than l:iiKIt2 D 24 months after the dale 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 /> <br />ongagor has ..eculed this Assumption PolitY Rider. <br /> <br /> <br />Deb~1 ~~ <br /> <br />(Seal) <br />Mongagor <br /> <br />(Seal) <br />MOrlglgor <br /> <br />(Seal) <br />Mongagor <br />(Sign Original Only) <br /> <br />NOTE: Il the property is nol the principal or secondary residence of [he- Mongagor. 24 months will bt' checked instead of 12 mon1hJ. <br />'Space below this lin~ for acknowJedg~ment) <br /> <br />__-521 1UCl21 FHA AssumptIOn Policy Ride, - Multi.tate <br />VIoU' MQRTGA.GE fOftMS . 13131293-8100 . 180015217291 <br /> <br />2188 <br />