HomeMy WebLinkAbout2576 uTS ~89-9312C ~
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~ DUE•ON•TRAN3FEB RIDER
Notice: This rider add• a provi~ion to tbe 8ecurity In~trument allowln~ the Lender
to require repaymeat oi tbe Note la !Wl npon tran~ter of t6e propecty.
THIS DUE•ON-TRANSFE~t RIDER u made thia . . . . 1.~th. day of . , .,J~~4a!'1 . . . . . . . . . . . . . . . . . . . . . . .
ly. .90, and is incorporated into and shall b~ deem~d to aanend and aupplement the Mor~a~e, Deed of Truat, or
Security D~ed (the "Security Instrument") of the same date pven by the undeni~aed (the "Borro~rer") to secure
gorra~rei ~ Nate to ,CITICORP, ,SAVINGS , OF. FLORIDA~ . A. Federal. Savinc~s , and, Loan Association
. . . . . .
(the "I.ender") of the aame date (the "Note") and covering the property deacribed in the Security Instrument end
locsud a~
.
1550 Minorca Avenue Port St. Lucie FL 34952
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ~n.oo..+y ~ee..w . . . . . . . . . . . . . . . . . . . . . . . . . . ~ . _ ~ . . . . . . . . .
_ ~
Axs~vnw CovsH~tvr. In addition to the covenanb and a~eements made in the Sacurity Instrument, Sorrower and
Lend~r further coven.~t and a~ree u foUo~vs:
A. TRANBFEB OF THE PROPEHTY Ox A BENEFICU?L INTERBST II~1 BOB80~fTEit
Unifarm Covenaat 16 of the Security In~trument is unend~d w read aa fopows:
18. Traader o~ the Property or a BeneAci~l Interest ia Borrower. If aU or any part oi tha Property or any
intere~t in it ia w!d or tranaterred (or if a b~neficiai int~nst in Borro~wr ia sold or tran~ferred and Borro~vsr is not a
aapual penon) w?ithout Lender s prior ~rritt~a consea~ Lender ~nay. at its option. r~quir~ immediate paym~At ia full of
aU auma aecured by this Security Inawmen~. However, this option shall not be e:ercised by Le~der if esercise is pro-
hibited by feder~l law a~ of the date of thiu Security Insvumep~
If Lender ~zercia~s thi~ option, Lendtr ahaU pv~ Borro~wr notic~ of ~ccelentian Th~ twtic~ iha11 pmvide ~~,eriod
of not less than 30 days from the date the notice is deGvered or mailed within which Borrow~r must pay all sums s~cured
by thia S~curity Instrument If Borrower ta'sl~ to pay th~ae ~umt prior to the e:pintion of thia p~riod, Lind~r may
invoke any remedies permitted by thia Security Lutn~ment a?itbout further notice or damand on Borro~rer.
By Stctr-u~c BEww, Borrower accepts and agree~ to the term~ and covenant contained in this Dua-On-Trander
Rider.
. . . . . . :L~~'.`,/.-.. ~ LF.~ . . . !1~"`.`.'. . . . . . . . (Saal)
ALEX J. PAV~Y~ ~N ~
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(Seal)
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MU~TISTATE DUE•ON-TRAN~FER RIDEi{-S~to~+d MoAppr~N1W~MWC uNltO~ IM~TRWAEMT
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