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<br />88-107018 <br /> <br />FHA ASSUMPTION POLICY RIDER <br /> <br />J <br /> <br />NOTICE: THIS RiDER ADDS A PROVISION TO THE INSTRUMENT ALLOWING THE MORTGAGEE TO <br />REQUIRE P~,~l!,!"IT OF THI> NOT!!: IN FULL UPON TRANSFER OF ALL OR PART OF THE PROPERTY. <br /> <br />This Assumpuon Policy Rider is made this 29 th day of De.rlb., ,19 S& ,and is <br />incorporated 'Ilto and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure <br />Debt (Ihe "Instrument"" of the same date given by the undersigned (the "Morlgagor") 10 secure the Morlgagor's <br />Note (the "Nole") of Ih~ lllIUG6liE rJlllllOAATlOH .. <br /> <br />(Ihe "Mortgagee") and covering Ihe properly described in Ihe Inslrument and localed at: <br />2027 H. HUSTOH GRAIID ISUllID HE 63803 <br /> <br />(Property Address) <br /> <br />AMENDED COVENANT. In addition to the covenants and agreements made in the Instrument, Mortgagee and <br />Mortgagor further covenanl and agree as follows: <br /> <br />The Mortgagee shall, with the prior approval of Ihe Federal Housing Commissioner, or his designee, <br />declare all sums secured by this morlgage 10 be immedialely due and payable if all or part of Ihe prop- <br />erty is sold or otherwise transferred (other Ihan by devise, descent or operation of law) by the mort- <br />gagor, pursuant to a contracl of sale executed nollaler tban []h2 024 months after the date on <br />which the morlgage is endorsed for insurance, 10 a purchaser whose credit has nol been approved <br />in accordance with the requiremenls of Ihe Commissioner. <br /> <br />IN WITNESS WHEREOF, Ihe Mortgagor has execuled this Assumption Policy Rider. <br /> <br />t?rr'~ fl ~'- <br />RAYIlDHD P. KRICK <br /> <br />(Seal) <br />Morlgagor <br /> <br />~J~~ <br />J T L. KRICK <br /> <br />(Seal) <br />Mortgagor <br /> <br />(Seal) <br />Mortgagor <br /> <br />(Seal) <br />Morlgagor <br />(Sign Original Only) <br /> <br />NOTE: If the propcny is nO[ the principal or secondary residence: of the MaRpgoT. 24 month:; will be: checked instead of 12 momhs. <br />(Space below this line: rOT acknOWledgement) <br /> <br />....521 (88021 FHA Assumption Policy Rider - Multistate <br />VMP MORTGAGE FORMS" 13131293-8100 .. 18001521.7291 <br /> <br />2/88 <br />