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88_ 105825 FHA ASSUMPTION POLICY RIDER 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 28 th day of October ,19 aa , and is incorporated into and shall be deemed [0 amend and supplement the Mortgage, Deed of Trust. or Deed to Secure Debt (the "Instrument") of the same date given by the undersigned (the "Mortgagor") to secure the Mortgagor's Note (the "Note") of tJitElillll\le ~ ClIlPORATlOH (the "MortgageQ t:l'~ ~~ering th~~Pf~escwe(W'o:he Instrument and located at: (ProperlY Address) AMENDED COVENANT. In addition to the covenants and agreements made in the Instrument, Mortgagee and Mortgagor further covenant and agree as fDHows: 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 CDn[eact of sale executed not later than cg12 D 24 months after the date on which the mortgage is endorsed for insurance. to a purchaser whose credit has nol been approved in accordance with the requirements of the Commissioner. IN WITNESS WHEREOF, the Mortgagor has executed this Assumption Policy Rider. ~)~ Y ATmL (Seal) Mortgagor -.1;., A 1\-0-..... ....:::l SlJSAH T, ATmL ~ ~ ~ (Seal) Mortgagor (Seal) Mortgagor (Seal) Mortgagor (Sign Original Only) NOTE: If the propeny is noarne principal or secondary residence of the Mongagor, 24 months will be checked instead of 12 months. (Space: below this line for acknowledgement) ..:521 18~2J FHA Assumption Policy Rider - MultistBte VMP MORH.....GE FORMS. (313'293.8100 . 18001521.7291 2188