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HomeMy WebLinkAbout0919 MORTGAGE RIDER The Rider, dated the 29th day of January 19 88 , amends the mortgage of even date by and between CATHERINE BARBARA CLARKE, an unmarried person the Borrower (s), and FIRST ATLANTIC MORTGAGE CORPORATION, the Lender, as follows: 1. The Mortgage is amended hy the addition of the following: The Mortgagee shall, ~ith 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 property is sold or othervise trans- ferred (other than by devise, descent or operation of law) by the Mortgagor, pursuant to a contract of sale executed not later than 24 months after the date of execution of this mortgage or not later than 24 months after the date of a prior transfer of the property subject to this mortgage, to a ptirchaser whose credit has not been approved in accord- ance with the requirements of the Comwissioner. IN WiTNESS WHEREOF, the said Mortgagor has hereunto set his hand seal the day and I year first aforesaid. ' f .(SEAL) CAT E B ARA E (SEAL) (SEAL) {SEAL) . 8°7252~3 '88 fE8 -5 P 2 :50 FILED ar~D . . ~;~r:,_;; . DOUGLAS ?1i ' Ci ~'RK ST. LUCf~ r„'~tE.., ! Y. FL. BOOK 57~ PAGf e~~ , , 2 . . . _ _ . - _ , _ : . . ~ r.':--~-~-;. . ~s_ . . - .