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ASSUMPTION RIDER
(ATTACHED TO FHA SECllRITY INSTRUMENT AND INCORPOItATED) ~
(THERE'TO FOR ALL PURPOSES) ~
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THIS RIDER SHALL AMEND AND SUPPLEMENT THE MORTGAGE, DEED UF TRUST, TRUST
DEEA OR SECURITY DEED ("SECURITY INSTRUMENT") OF THE UNDERSIGNED MORTGAGOR,
TRUSTOR OR GRANTOR ("MORTGAGOR") GIVES TO SECLIRE THE l~iORTGAGOR'S LOAN FROM
LENDER (WITH ITS SUCCESSORS AND ASSIGNS, ("MORTGAGEE"), AS FOLLOWS: i
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9(b) SALE WITHOUT CREDIT APPROVAL. I
LENDER SHALL, IF PER!lITTED BY APPLICABLE LAW AND WITH PRIOR I
APPROVAL OF THE SECRETARY, REQUIRE Ii~Qr1EDIATE PAYMENT IN F'ULL i
OF ALL THE SUMS SECURED BY THIS SECURITY INSTRUMENT IF: ~
(i) ALL OR PART OF THE PROFERTY IS OTHERWISE TRANSFERRED I
(O~HER THAN BY DEVISE OR DESCENT) BY THE BORROWER, AIy'D
(ii) THE PROPERTY IS NOT OCCUPIED BY THE PURCHASER OR GRANTEE
AS HIS OR HER PRIMARY OR SECOI~BARY RESIDENCE, OR THE
PURCHASER OR GRANTEF. DOES SO OCCUPY THE PROP~RTY BUT
HIS OR HER CREDIT HAS NOT BEEN APPROVED IN ACCORDANCE
WITH THE REQUIREMENTS OF THE SECRETARY.
MORTGAGOR(S)
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BORROWER BORROWER
Carol E. Prentice
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1022554 -
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~ ''90 JAN 31 P 1 :Oyt~
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