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<br /> RIDER TO MORTGAGE/DEED QF TRUST-V� ���Oi��2Q
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<br /> � This rider supplements and amends the mortgage/deed of ttust of ever� date
<br /> herewith bp T'ne Overland National Bank of Grand Island as mortgagee�beneficfasy
<br /> and Don R. Richards and Frances E. Richards, husband and wife
<br /> . .as mortgagors/grantors. This rider is incorporated in and by reference nade a
<br /> pa�t of the aforesaid mortgage/deed of trust, as follows:
<br /> " This loan is i�ediately due asc� payabl.e u�on traas£��; d�'��e
<br /> property securing such 2va:� to any transfesee. I�n1e�n ��.�: ,
<br /> accepta��Lt�v of the assui�r�ttion a€ the loast fs esta�i�.=:��#::°,-;~ . �
<br /> � � �ursuan����:�. ��cC�n 1817A�af'Chaptez 37, Tzt�.A 3�, �'r�?te� i.�i��s � � �I;;-:%:'�::
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<br /> ' � ��:A.��:��c e:r�.'��+�.m��-�s�. ��;�� �eree�t of tGi�;�,,.�=�.�.� .��� ��,.�:,:�i�a��;� ' ' � ' .;.;;'.� '. ;`':;.;:;;_
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<br /> ' ,� }� :�-lsr� tistte of tra�;si�r��- a±� 4iT..� prcp•a�it�. to The fhrerL�tc���4ational •
<br /> � �ank of Grand Islarca� or its authorazed agent, as Cr�stee for tMe
<br /> � Administrafor of 1leterans Affairs. If the assumez fails to pay .
<br /> this fee at the time of transfer, the fee shall constit�ate an
<br /> additional debt to that alteady secured by this instr�ment, shall -
<br /> bear interest at the rate herein provided, and� at the option of
<br /> • The Overland National Bank of Grand Island hereby secured or any
<br /> � taansferee thereof. shall be immediately due and payable. This
<br /> fee is sutometically waived if the assumer is exempt under the .
<br /> provisions of 38 U.S.C. 1829 (B). � "
<br /> Upon application for approval to allow assumption of Chfa loan, a
<br /> processing fee may be charged by The Overland National Bank of ;_
<br /> Grand Island or irs suthorized agent for determinir� the credit- � �'`=
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<br /> worthiness of Che assumer and subaequently revisina ac�tership _
<br /> : records when an approved transfer is completed. The amount of ' -
<br /> this charge shall not exceed the masimum established by the �:;-
<br /> � Vetera�a` Admin�stration for a lcan to which Sec�ion 1817A af -
<br /> ' Ch�Pter 37, Ti,tle 38, United SCatea Code app13e3. � �
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<br /> ' . f� this obligaticr: is assumed, th�ttz the assumer h�r�Uy agrees to
<br /> assume �il of the obligaCtan3 0� the Veteran undei the terms of
<br /> the ins�n�ents creating and secu�ing the loan, including the
<br /> . ' :�bligat�a� �f the Veteran to inde�.rr.ify the Veteranr' Administraticn
<br /> . to the �xtent c'� any claim paymenC arising fram th�� guaranty or ,
<br /> � insura:ec� of the indebtednesa .created by this ins:zument. , �'.
<br /> IN WITNESS WHERCOF, !fDRTGAGORSJGRANTOAS HAVE ER�CUT�A THIS RIDER TFIIS
<br /> �,�`
<br /> 15th DAY OF I"e�zuaxy � �� �0 • .
<br /> _ '\ ; .
<br /> Don R. Richards
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<br /> =�nra�.tiL'�n '.�•_�c.�-..ne�.���_�
<br /> � Frances E. Riehards
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