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G� <br /> � � <br /> 9�.- �oo��� <br /> P.IUER TO MORTGAGEJll�ED OF TRUST-�VA <br /> rThis rider supplements and amends the mortgage/deed of truat of even date <br /> herewith by Overland National Bank as mortgagee/benefi�iary and ,ti� <br /> t�Prov Davts Sr. and C3nd L. Davis husband and wife <br /> se mortgagors/grantors. This rider is incorporated in <br /> and by reference made a part of the aforeaaid t�ortgage/deed of trust, as <br /> follows: � <br /> This loan ia immediately due and payable upon tran9fer of the <br /> property aecuring such loan to any transferee. Unless the <br /> acceptability of the assumption af the loan fs eatabliahed <br /> purauant to Section 1817A of Chapter 37, Title 38, United Statea <br /> Code. <br /> A fee equal to one-half of 1 percent of the balance of thia loan <br /> as of the date of tranafer of che property ahall be payable at <br /> the time of tranafer af the property to Overland National Bank <br /> or its authorised agent, as truatee for the Adminiatrator of <br /> Veterans Affairs. If the asaumer fails to pay this fee at the <br /> time o.f transfer, the fee shall constitute an additional debt <br /> to that already secured by thia instrument, ahall bear intereat <br /> at the rate herein provided, and, at the option of Overland <br /> National Sank hereby aecured or any tranaferee thereof, shall be <br /> immediately due and payable. This fee is sutomatically wafved <br /> if the asaumer is exempt vnder the pro��is3ons of 3S U.S.C. 1829(B). . ,' <br /> Upon application for approval to allow aesumption of this loan, a <br /> processing fee may be charged by Overland National Bank or ita � <br /> authorized agent for determining the cr�ditworthinesa of the ` <br /> � assumer and subaequently revising ��.�pr��y., • �_''�' <br /> tranafer is completed. The amount of thisrchargeuahallnnot exceeded _ . <br /> the maximum established by the Veterans' Administration for a loan <br /> to which Section Z817A of Chapter 37, Title 38, United States Code <br /> applies. <br /> If this obligation is assumed, then the asaumer hereby agreea to , � <br /> assume all of the obligations of the Veteran under the terms of � <br /> the inatrumenta creating and securing the loan, including the <br /> obligation of the Veteran to indemnify the Veterana' Administraiion <br /> to the extenC of any claim payment ariaing from the guaranty or <br /> , insurance of the indebtedness created by this instrument. F <br /> � IN WITIJESS WHEREOF, MORTGAGORS/GRANTORS HAVE EXECUTED THIS RIDEK THIS ` <br /> : —19_ rt, �DAY OF -- •Ta,,,,,�ry . 19�. -�=. <br /> , ��� � <br /> �ca�. ��� .. _ _ <br /> ,, <br /> - Jim Lero}• Da�is, Sr. <br /> . \ ' �� <br /> Cindy L. Davis <br />' .--___=-=__ <br /> , <br /> � <br /> J <br />: . ��� <br /> �. .. <br /> � <br />