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HomeMy WebLinkAbout2377 1 . . T ' : ) ~~ac_"7 I . ' . - , ` ' % 1 . I FHA ASSUMPTION RIDER _ This Assumption Rider is made this llth day of ~~r 19 8~ and is incorporated into and shall be deemed [o amend and supplement the Mortgage or Security Deed (the "Security Instrument") of the same date given by tne undersigned (trte "Mortgagor") to secure the M o rt g a g o r's N ot e t o SpiTI~-~1,ST IypR`I~GAGE L`cMlpp?Ny ~ (the "Mortgagee") of the same date and covering the property described in the Security Instrument and located at 8105 Cocruina, Fort Pierce. FL 34951 The mortgagee sha1Z, with the prior approval of the Federal Housing Commissioner, or his designee, declare a]1 sums secured by this ~ ~ ~i mortgage to be immediately due and payable if all or a part of the ! property is sold or otherwise transferred (ather than by devise, ~ descent or operat[An of law) by the mortgagor, purauant to a contract of sale executed not ]ater than twelve months after the date on ; which the mortgage is endorsed for insurance to a purchaser whose ~ credit ha$ not been approved in accordance with the requirements of E _ the Commissioner. ~ - ~ ~ By signing below, the Mortgagor accepts and agrees to the terms and I ` ' provisions contained in this Assump[ion Rider. . ~ ` ~ _ y ~ ~ ~ j ~ ~ ~ ~ Borrower ~rE W. DAVIS F E ~ ~~~L" L~W ~ ~ ~ Borrower ~ 1013 0 8 2 GLORIA M. DAVIS ~ ~ ~ ~Er 15 P y' Borrower Borrower ~02w781 ~ Rev. 6/88 ~ '90 FEB -1 ~ 1 .24 ~ ~ ~ ~ ~ _ . ~ F I E A ~~i r. _ ~ , ~OUGI A,5 ~:~iXGN Si lU~.i~ ' r:!JNi r 8001( ~6S PAGE~775 aooK 6~~ PACE2377 _ _ _ ~j . . . r ~.~~~~--~r ~ '