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FHA ASSUMFTIOIV POLICY RIDER
NOTICF:: THtS RIDER AUUS A PROVISION TO THE INSTRUMENT ALLOWING TNE MORTGAGEE TO ~
RF.QUIRF PAYMENT OF THE: NOTF IN FULL UPON TRANSFER OF A[.L OR PART OF THF. PROPERTY.
This Assumption Polic~• Rider is made this 8th day of Aut~us t , 19 ~g , and is
in~orporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure
Debt (the "lnstrument") oC the samr date given by the undersigned (the "Mortgagor") to secure the Mortgagor's
Nnte ith~ "Nn?e") nf the came date to
. TREASCRf. COAST MORTCAGE CORPORATIQN
Ithe "~tortgagee") and co~•ering the property described in the Instrument and located at:
S6Fi Faith Terrace SE, Port St. Lucie, Florida 34952
~Propett~ Aduress) '
AMENDED COVENANT. In addition to thc covcnants and agreements made ir. the Instrument, Mortgagee and _
'~tortgagor further covenant and agrte as follow~s: ;
The hlortgagee shall, with thc prior appro~~al of the Federal Housing Commissioner, or his dcsignce,
deciare all sums se~ured by this mortgage to be immediately due and payable if all or part of the prop-
i erty is sold or otherwise transferred (other than by de~~ise, dexent or operation of law) by the mon-
' g:.bc:, pursuant to a contract of sale executed not later than C12 24 months after the date on ~
~ which the mortgage is endorsed for insurance, to a purchaser whose credit has not been approved !
~ in arrordance with the rc:~uirements of the Commissioner.
( IN ~'~'ITtiESS ~L'HEREnF, the 4lortgagor has executed this .lssumption Folicy Rider.
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E `tortgagor ROBERT B. DESAUTF.LS ;~lortgagor '
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~ ~tortgagor ANNr.}i M. UESAt!TELS i~iortgagor
/Srgn Or:~inal Qnlv)
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~ tii)7 E:: If thr prupeTty i. n~~t the ~rin.ipal ~r srconcfar~• res~den~e of the ~9ortgagor. 24 month~ w~ll be chc~:ed instead uf 12 months.
; 15pa~e txluw this I~ne for acl:no~lydgcmentl-------------------------
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s ~,521 ~w ; FHA Assur-rpt:cr, PoI~cY R,~er t~uit~state ~ 2.g8
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P:?EPARF.D BY: 'fREASURE COAST MQRTGAGE1580 Shi BAYSHORf: BLVD. SUITE C
1680 SW BAYSHUR~ F3LVD. SUTIE C
PORT ST. LUICE, PL 34953 ~ ~]Q~
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