HomeMy WebLinkAbout0967 ~ , DUE-ON-TRANSFER RIDER
Notica: Thi~ rider add~ a provi~ioa to t6e 8ecurlty In~trument iltow~ns the I.eader
to requlre repayenent of t6e Note Ia t1~U upon tran~ter o! the property.
9'~iIS DUE•ON-TRANSFER RIDER i~ made this .,18TH JANUARY
day of . ,
19. and is incorporated into and ahsll b~ deemed to amend and supplement the Moetsa~e~ D~sd of 'I~us~ or
Security Deed (the "Security Inatrument") of the ~ame date-Qven by the undenisned_St6e "Borrowror') to secure
Borro~var ~ Note to CITICORP SAVIL~IGS OF FLORII~A, A FEDERAG SANINGS AND IAAN ASSOC.
(tbe "Lender") of the same date (the "Note") and covering the property deacribed in the Security•Instrument and
located at:
5605 SPRUCE DRIVE, FT. PIERCE, FL. 34982
iProo.nr ~aa?.aa
A~tsrrar.a Covax~xr. In ~ddition to the covenanta and a;raements made in the Security Inititiment, Borrowrr and
I.ender further covensnt and a~ree as folloars: .
A. TRANSF~R OF THE PROPER,TY OR A BENEFICIAL INTEREST IN BORitOWER
Uniform Covenant 16 of the Security Inatevment is amead~d to read u follows:
18. Trander ot t6e Property or s BeneAcial Interast in 8orrower. If all or aay put of the Propsrty or u,y
inter~at in it is wld or transferred (or if a beneficial interest in ~orrowror is wld or tc~nsferred and Bon+~~rer ia not a
n~tural person) rvithout Letsder's prior written consent, Lender anay. at ita optan, requirt imm~diat~ paymtnt ia full of
r all ~ums securcd by this Security Iastrumen~ Howiever, this option shal! not be e:~rciaed by L.ender if eserciae is pro-
hibited by federal law u of the date of thia Security Instrumea~
If I~ead~r ~:erciaes this optioa, Lender shall ~ive Borrower notice of eccekration.'I'h~ notice shalt provide a period
of not laaa than 30 daya from the date the notice ia deliverrd or mailed ~rithin which Borro~rer must pay all sums secured
by thia Security Instrument If Boree~rer fai4 to pay the~e sums prior W th~ e:piration of this p~riod, Lender m~y
~ invoke any remedies permitted by thia Security Instn~aient without further notice or demand on Borrow?er.
Br SIGh'IING BELOW. Borrower accepta and a~rees to the te~s oven contained in tbis Du~-On.Trander
Rid~r.
. (Seal)
BAR H. ROBERTSON
. (Seal)
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MULTisTATE DUE-ON-TRANSFER i11~ER-s~cond Mortpap~-f1i1WfNLMC ~lNIfON11 {NSTR{it/ENT
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