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88-106201 FHA ASSUMPTION POLICY RIDER NOTICE: 'fHIS 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. Tbis Assumption Policy Rider is made tbis 15 th day of IiDYIIIber ,19 sa , and is incorporated into and sball be deemed to amend and supplement the Mortgage, Deed of Trust, nr Deed to Secure Debt (the "Instrument") of the same datll.l!!.'!.c;n I1Y the undersigned (tbe "Mortgagor") to secure the Mortgagor's Note (the "Note") of t~ ~ WIII'IlIlATIIIl (tbe "Mortgagee") and covering tbeJl.~o~lli' described in tbe Instrument and located at: 301 lEST 11TH IDlD HlloBl HE 6888J (Property Address) AMENDED COVENANT, In addition 10 Ihe covenants and agreements made in the Instrument, Mortgagee and Mortgagor furtber covenanl and agree as follows: The Mortgagee sball, with the prior approval of tbe Federal Housing Commissioner, or bis designee, declare a1lsurns secured by Ihis mortgage to be immedialely due and payable if all or part of the prop- erty is sold or olherwise lransferred (otber than by devise, descent or operation of law) by the mort- gagor, pursuant to a contract of sale executed not later than [!J12 024 months after Ibe dale on wbicb the mortgage is endorsed for insurance, to a purchaser whose credit has not been approved in accordance with the requirements of the Commissioner. IN WITNESS WHEREOF, the Mortgagnr bas executed tbis Assumption Policy Rider. ~ R ~lJ.r- '77f' EIII&T R. III (Seal) Mortgagor &~ .f' 6hi4-.,o- (Seal) ELl L. IJl.IfW Mortgagor (Seal) Morlgagnr (Seal) Mortgagor (Sign Original Only) NOTE: If the property is Dot the principal or secondary residence of the Mongagor. Z4 months will be checked instead of J2 months. (Space below this line for acknowledgement) ..;521 188021 FHA Assumption Policy Rider - Multlstate VMPMORTGAGE FORMS. 13131293-8100 . 18001521-7291 2188