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RIDER TO MORTGAGE /DEED OF TRUST -VA <br />89- 10'755 <br />'This rider supplements and amends the mortgage /deed of trust of even date herewith by <br />and between Columbus Federal Savings Bank as mortgagee /beneficiary and <br />If 1.1-TAN b STAHL A SI ICLF PRRSON <br />as mor tgagors[giantors. This rider is incorpo <br />reference made a part of the aforesaid mortgage /deed of trust, as follows: <br />This loan is immediately due and payable upon transfer of the property <br />securing such loan to any transferee. Unless the acceptability of the <br />assumption of the loan is established pursuant to Section 1817A of Chapter <br />37, Title 38, United States Code. <br />A fee equal to one -half of I percent of the balance of this Loehr as of the <br />date of transfer of the property shall be payable at the time. of wansfer <br />of the property to Columbus Federal Savings Bank or its authorized agent, <br />as trustee for the Administrator of Veterans Affairs. If the assumer fails <br />to pay this fee at the time of transfer, the fee shall constitute an <br />additional debt to that already secured by this instrument, shall bear <br />interest at the rate herein provided, and, at the option of Columbus <br />FeOral Savings Bank hereby secured or any transferee thereof, shall be <br />immediately due and payable. This fee is automaticaiiy waived if the <br />assumer 1s exempt under th!z, Y,rovisions of 38 U. S. kt, <br />Upon application ter approval to allow assumption. v -f. this loan, a <br />processing fee may. 1Ce,: ch,,,-rVd by Columbus Federal Savings Bank or its <br />authorized agent for.'determifitng the creditworthiness of the assumer and <br />subsequently revising own6t.ship records when an approved transfer is <br />completed. The amount of this charge shall not exceed the maximum <br />established by the Veterans' Administration for a loan to which Section <br />1817A of Chapter ??, Title 38, United .S;eates Code applies. <br />If this.ebG:,ga:�'on is assumed, assumer hereby agrees to ass> arse. all <br />of the obEsations of the Vesc'ran ' Under the terms of the instruments <br />creat ;ng and securing the loan, including the obligation of the Veteran to <br />indemnify ?tee Vett�z r4s' Administration to the extent: of any claim <br />payment ar4irZ . front rile guaranty or insurance of the indebtedness <br />created by this instrument. <br />IN WITNESS :HEREOF, MORTGAGORS /GRANTORS 1HAVE . EXECUTED THIS RIDER <br />THIS 30th DAY OF May r ii9.�9 <br />WILLIAM D S TArtHL <br />Signed Sealed and Delivered in the Presence of <br />4 ROHERTA L. REED <br />7 <br />i <br />irR <br />►,* <br />rr <br />W <br />