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CFS # 0112114-2 ~
DUE-ON•TRANSFEA RIDER
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Notice: Thjs rider adds a provtsioa to t6e Security Instrumeat allowln~ t~e Lender h
to nqulre rspayakat of the Note In QWl upoa traa~fer of the prnperty. ~
THIS DUE-ON-TRANSFER RIDER is made thia .?6TH day of , January ,
.
iy. . 90, and is incorporated into and ahall be deemed to amend and aupplement the Mort~s~e, Desd of Truat, or
Security Deed (the "Security Instrument") of the ssme date ~iven by the undeni~ned (the "Borrowrer") t4 secure
Borrower's Note to Giticorp, Savings, of _Florida~, .4. Federal. Savin~s and Loan 4ssoeiation
. . . . . .
(the "Lender") of the same date (the "Note") and coveting the propert3 described in the Secutity Instrument and
located at:
5898 Tedder Road Ft. Pierce FL 34947
...............................~P.oo.,,y~au..saf............................................
Mt~nan Cavsri~r. In addition to the covanants aa~d a~reements made in the Security Instrument, Barrower and
Lender further covenant and agne as follows:
A TRANSFER OF THE PROPERTY OR A BENEFICIAL INTERE9T IN BORROWER
Uniform Covenant 16 of tlu Security Inaiuument ia amended to re+~d aa follows:
18. 'l~anster of the Property or a Beneticial Interast In Borrower. If all or aay part of the Property or any
intenst in it ia wld or transferred (or if ~ beneficial inunit in Borrower is sold or traasferred and 8orrowror u not a
natural peraon) without I.ender s prior written conaent, I.ender may~ at its option, require immediate payment in full of
alI eums aecured by thia Security Inswmen~ Howevrr. this option ahall not be ezercised by Lender if e:ercise is pro•
hibited by federal lew ss of the date of thia Security Inawment.
If Lender eiercues this option, Lender shall Qive Borrower notice of accelention. The notice ~hall pmvide a period
of not less than 30 deya from the date the notice is delivered or mailed within whieh Borrower must p~y all sums secured
by this Security Inatrument If Borro~rer faila to pay these sums prior to the ezpintioa ot thif pariod, Lender may
~~•oke any remedies permitted by this Security Instrument without further aotice or damand on Borrowrer.
Br S[chnvc BE~ow, Borrower accepta and agreea to the trrms and covenant contained in this Due-On-Tranefer
ttider.
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MULTISTATE DtJE•ON•TRANSFER RIDER-s~cona Mortaao~-fw~Al~Nt.wC uN~sO~ ~NS~tuM~NT %
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