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88- 106341 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. Tbis Assumption Policy Rider is made this 28 th day of Hove.ber ,19 88 , and is incorporated into and sh8I1 be deemed t" amend and supplementtbe Mortgage, Deed of Trust. or Deed to Secure Debt (tbe "Instrument") of the same date given by tbe undersigned (tbe "Mortgagor") to secure the Mortgagor's Note (tbe "Note") of t~lIlllIe ~ CORPORATlOH (the "Mortgagee") and covering the property described in tbe Instrument and located at: 4251 NEll YORK AVENUE GRAND ISLAND HE 68803 , (Property Address) AMENDED COVENANT. In addition to the covenants and agreements made in tbe Instrument, Mortgagee and Mortgagor furtber covenant and agree as follows: The Mortgagee shall, with the prior approval of tbe 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 contract of sale e~ecuted not later than ~I2 D24 months after the date on which 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 Mortgagor has e~ecuted this Assumption Policy Rider. /~-#f!;J- ~(;"'l ~ 2:,.~ ,/ STANLEY 1. Mortgagor LORI S. HILLS (Seal) Mortgagor (Seal) Mortgagor (Seal) Mortgagor (Sign Original Only) NOTE: If the propeny is nol the principal or secondary residence of the Mortgagor. 24 months will be checked instead of 12 months. (Space below this Une for acknowledgement) .,;521 188021 FHA Assumption Policy Alder - Multistate VMP MORTGAGE FORMS. 13131293.9100 . 18001621-7291 2/SS