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<br /> � . ` � 94--- iQ1634. .
<br /> " ;��_ RIDER TO MOR1'GI�GE/DEED �F TRUST-YA � ,
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<br /> This rjd�t�rS�ppi°inents attd amends the mortgage/deed of trust of even date he�ewith 6y .
<br /> at�d:betwt�tColumbus:Federal Savings Bank as mortgagee/bene�ictary and
<br /> I�I�i��t:� EIaOLOT AND JOMI�I l EWOLOT HUSBAND ANO WIFE �
<br /> ���;?, as mortgagors grantors. Tbis cider is incorporated in and by -
<br /> . '. r���t���.r�de a part of the aforesaid mortgage�de�d of t�ust, as fott4�rs: �
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<br /> '� " � � � `' `'°�''��'��`��. This �oan is_ immediatety due and payable upon transfer of the property �
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<br /> ; , ::1�'�''°;�� secuc�ng such loan ta any transfecee. Uniess the acceptability of the
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<br /> � . � ��"'�'�� � =�"�`����'� a�timg�tian�of:the loan is established pursuant to Section I8I7A ot Chapter. .
<br /> � - " 37,.T�i� 3�,,United Staies Cade.
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<br /> - .. - A fee, equat ta one-half of 1 per�nt o�,the balance of this laan�as o�`ihe
<br /> � clate of transfer of the property shal! 6e payable at the time of tcansfer .
<br /> o� the property to Columbus Federa! Sayings Bar�k or its autharized agent, � - �
<br /> � � . as trustee for the Administrator of Veterans Affairs: If the a�ur�►er fails
<br /> to pay this fee at the time of transfer, the fee sha11 cQtistitute ah
<br /> ' � � ' additlonal debt to that atready secured by this instrumen���'sha11 bear_ -
<br /> � � interest at the rate herein pravided, and, at the option� of•.Columbus
<br /> ' Federa! Savings Bank heceby secured or any transfecee thereaf, sha11 be
<br /> irr�m�diately due and payable. "�his fee is automatically waived if the , '
<br /> , a5sumer is exempt under the prflvisivns of 38 U. S. C,. -1829{B). � .
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<br /> �� Upon appfieation for agprov�sL.. ,�o allow assumption. uf this toan, a � � ,.
<br /> � �� pracessing fee may be dtacgec� by Columbus Federal� �vings �ank or its . '
<br />= . . � authorized agent for determining the creditworthlness of �h�assumer and �_. �'
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<br /> : subsequently �evtsing awnership records when an ���roved transfer Is 'f �'=
<br /> � completed. The amount af this charge shall not exceed the maximum � '=-
<br /> established by the Veterans' Administration for a loan to whlch Sectlon i '
<br /> ' 18UA of Chapter 37, Title 38, United States Code applies. �
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<br /> " lf thfs obligation is assumed, the� tt�e assumer hereby agrees to assume al! . `'�`
<br /> � of the obligations of the Vetecan under the te�ms of the inst�uments ` � '
<br /> ' creating and secu�ing the loan, including the obligation af the Veteran to ' .��
<br /> indemnify the Veteran.�` Administ�ation to the extent c� any claim � � ;
<br /> payment arising from the guaranty or insurance of the indebtedness
<br /> c�eated by thi� instcument.
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<br /> � � . ' 1N W1T�1��5 WHEREOF, MOI�TG�GORS/GRANTORS HA�/���XECUTED THIS RIDER . . '
<br /> '�HIS DAY OF � arc , 19 . � � ;�
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<br /> ANN l. EWOLDT
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<br /> Slgned Sealed and Deliv�ered in the Presence of ' �
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