HomeMy WebLinkAbout0954 . 4 /u~vvl,aP~.!
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~ NBD Mortgage Company
Multtstate Rtder FHA Assumption Provision
This RIDER is madc this $T~ day of JuL~ , 19`~,
and is incorporated into and shall be deemed to amend aad supplcment the Mortgage, Deed of
Trust or Deed to Secure D~bt (ihe "Security Instn~ment") of the same date attached hereto and .
given by the undersigned (thc "~onower") to securc Borrower's note to
I~D KOHTGAG~ COXPANY (the "Lender") of the same date
(the "Note") and covering the property d~cribed in the Security Agreement and located at:
0106 ORANGP DRIVE, FORT PiSRCE, FL 33482
(Property Address)
, ModiHcation. In addition to the covenants and agreements made in the Security I~strument, Bor-
iower and Lender further covenant and agree as follows:
The Lender shall, with the prior approval of the Federal Housing Commissioner, or his designee,
declare ali sums secured by this Security Instrument to be immediately due and payable if all or
a part of the property is sold or otherwise transferred (other than by devise, descent or operation
of law) by the Borrower, pursuant to a contract of ~Ie executed not Iater than 24 months after
th~ date of execution of ihis Security Instrument or not later than 24 months after the date of a
prior transfer of the properly subject to this Security Instrument, to a purchaser whose credit has
- not been approved in accordance with the requirements of the Commissioner.
; IN WITNESS WHEREOF, the Borrower's hand and seal have been set on the day and year first
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~ aforesaid.
(Seal)
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MARK A KORGAN
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~ ~ MICHELP M IiORGAN
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Signed, seal~d and delivered
in the presence of
N/A
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OOUGI~S ~ • KK
ST. LUCI~ ~;~,c ; Y. Fl.
FIRi'I' t::?si;y'.IG:~:~1 TI i LE f~
of :s"I'. LUC.IE C!,?U!~'i Y, L~'v'G
NDC 3261 IL16 TiOl~I C 5.~~ t'm-± i,~s 1i?vd.
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