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88- 105035 FHA ASSUMPTION POLICY RIDER J NOTICE: THIS RIDER 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. This Assumption Policy Rider is made this 1& th day of Sept..be. ,19 86 , 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 dat~_gi..y~n by the undersigned (the "Mortgagor") to secure the Mortgagor's Note (the "Note") of t~ ~ COIlPIIlIlTlDM (the "Mortgagee") and covering the property~escribed in the Instrument and located at:" 2204 W. DIVISION IiRllIlD ISLllHD lIE &86D3 (Property Address) AMENDED COVENANT. In addition to the covenants and agreements made in the Instrument, Mortgagee and Mortgagor further covenant and agree as follows: The Mortgagee shaU, with the prior approval of the iedel'"cO~ i~ousing Commissioner, or his designee, declare all sums secured by this mortgage to DC 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 ~12 024 months after the date on which the mongage is endorsed for insurance, to a purchaser whose credit has not Leen approved in accordance with the requirements of the Commissioner, IN WITNESS WHEREOF, the Mortgagor has executed this Assumption Policy Rider. -:?t', rf~ ___ ."" L-- 07 ~,p IIARK !? Y Mortgagor S\JSUI ". KIlEMIG P (Seal) Z- Mortgagor (Seal) Mortgagor (Seal) Mortgagor (Sign Original Only) NOTE: If the property is nol the principal or secondary residence of the Mongagor, 24 months will be checked instead of 12 months. (Space below this line for acknowledgement) ..;521 188021 FHA Assumption Policy Rider - Multistate VMP MORTG:A.GE fORMS. [3131293-8100 . [8001521.7291 2/88