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88- 106846 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. Thi. Assumption Polley Rider is made this 16 th day of Dec..ber ,19 8B ,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 date given by the undersigned (the "Mortgagor") to secure the Mortgagor's No'e (the "Nnte") of thiEEHliill <IIIl&lOOiE CORPORATIOH (the UMortgageeU) and covering the property described in the Instrument and located at: W WEST 5TH GRIlHO ISlAMD HE 6BaOl (Propeny 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 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 contract of sale executed not later than Dla.2 024 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 executed this Assumptinn Policy Rider. THAVISITH SOUPHAIITHAVOHG ~tT4 ~~.~ (Seal) Mortgagor (Seal) CHAHTHAHDn SOUPHAIITHAVOHO Mortgagnr ~-'-~~Seal) ngagor (Sign Original Only) (Seal) Mortgagor NOTE: If the property is nOllhe principal or secondary residence of (he Mongagor, 24 months will be checked instead of 12 Olomhs. (Space below this line for acknowledgemcnI) ...:521 1880:11 FHA Assumption Policy Rider _ Mulllstate VMP MORTGAGE FORMS. 13131293-8100 . 180015:11.1291 2/S8