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_, - : . ____ <br /> ...—-� _ <br /> � � <br /> � <br /> _ �-.___ ��- 100�4� <br /> � Rider ta �lortgage/Deed of Trust-VA <br /> This rider supplements and amends th� f�ortgageJDeed of TrusL uf even date here- <br /> with by and between Home Fede Robert E g Norn Loan Association of Grand Island� as • <br /> mortgage/BenEficiary and <br /> 8etty L. Horn , husband and wife, and <br /> , a single person, and • <br /> a single person as I�ortgagors/Grantors. and this rider is incorporated in and by <br /> reference made a part of the aforesaid mortgage/Oeed of Trust, as follows: <br /> This loa� is immediately due and payable upo� transfer of the <br /> � � property securing such loan to any transferee. Unless the <br /> � acceptability of the assumption of the loan is established pur- <br /> suant to section 1817A of Chapter 37, Title 38, United 5tates <br /> Code. <br /> � A fee equal to one-half of 1 percent of the balance of this loan <br /> as of the date of transfer of the property shall be payable at <br /> the time of transfer �o Home Federal SaUings and Loan Association <br /> of Grand Island or its authorized agent. As trustee for the ' <br /> Administrator of Ueterans Affairs. If the� assumer fails to pay <br /> �this fee at the time of transfer, the fee shall constitute an <br /> additional debt to that already secured by this instrument, shall <br /> bear interest at the rate herein provided, and, at the cption of <br /> Home Federal Savings and Loan Rssociation of Grand Island hereby , � <br /> secured or any transferee thereof, shall be immediately due and � : <br /> payable. This fee is automatically �uaived if the assumer is exempt -� <br /> � un�2r the provisions af 38 Ll.S.�. 1829(8). : -.,:�- <br /> ;-::.—; <br /> � � Upon application Por apprnval to allow assumption of this loan, __ <br /> a processing fee may be charged by Home Federal Savings and Loan ;. <br />_ . -- -�— <br /> Association of Grand Island or its a��thorized agent for deter- ` <br /> mining the creditworthiness of the assumer and subsequently re- . <br /> vising ownership records when an approved transfer is completed. <br /> The amount of this charge shall not exceed the maximum established _ <br /> by the Veterans Administration for a loan to which section 181?A � <br /> of Chapter 37, Title 38, United States Code applies. �� <br /> i <br /> • ! If this obligation is assumed, then the assumer hereby agrees to <br /> , assume all of the abligations of the veteran under the terms of <br /> � the instruments creating and securing the loan, including the <br /> ' obligation of the veteran to indemnify the Veterans Administration <br /> � to the extent of any claim payment arising from the guaranty or >� <br /> i insurance of the indebtedness created by this instrument. ;� <br /> i �_. <br /> fIn witness whereof, i'�Iortgagors�Grantors have exe this rider this 3rd s .�� <br /> : Date of 3anuary 19 9 • • _ <br /> � The title "Secretary of Veterans Affairs" � -,' <br /> ' shall be substituted for that of Robert E. Horn <br /> "�4dministrator of Veterans af.fairs'i each ��/ <br /> time that it appears in this document `� <br /> ` pursuant to the provisions af Section 2, Betty . Horn , <br /> Pub. L. No. 1Q0-527, the Qepartment of <br /> Veterans Affairs Act. <br /> �-=�-- <br /> � <br /> L.�.. <br />; � � <br /> � <br /> • �,. � <br /> _� <br /> �,��� . � <br /> ,yl:.: <br /> ,�.:. . <br /> .�;�. � - <br />