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} -r S r RIDER TO MORTGAGE /I11?LD OF TRUST -IAA 89.- 102803 This rider supplements and amends the mortgage /deed of trust of even date herewith by and between Columbus Federal Savings Bank as mortgagee /beneficiary and )EH IS L AUMN AND HENRIETTA AUSTEN HUSBAND AND WIFE � --""— as reference made a part of the aforoesaid morttgage /deedTof trust, ras is follows: In and by This loan is immediately due and payable upon transfer of the property securing such loan to any transferee. Unless the acceptability of the assumption of the loan is established pursuant to Section 1817A of Chapter 37, Title 38. United States Code. A fee equal to one -half of 1 percent of the balance of this loan as of the date of transfer of the property shall be payable at the time of transfer of the property to Columbus Federal Savings Bank or its authorized. agent, as trustee for the Administrator of Veterans Affairs. If the assumer fails to pay this fee at the time of transfer, the fee shall constitute an additional debt to that already secured by this instrument, shall bear interest at the rate herein provide-4, and, -fit the option of Columbus Federal Savings Bank hereby 'secured. • or- any transferee thereof, shall be immediately due and payable. Tines, fee is automaticahty waived if the assumer is exempt under the provisions of 38 U. S. C. Upon application for approval to allow assumption of this loan, a processing fee may be charged by Columbus Federal Savings Funk or its authorized agent for determining the creditworthiness of the assumer and subsequently revising ownership records -horn : an appra.cd transfer Is completed. The amount of this charge shall not exceed the maximum established by the Veterans' Administration, for a loan to «hide Section 1.817A of Chapter 37, Title 38, United States Code applies. If this obligation is assumed, then the assumer hereby, agrees to assume all of the obligations of the Veteran under the terms of the instrbments creatl:ig and securing the loan, including the obligation of the Veteran to -., indernmAy the Veterans' Administration to the extent of any claim payment arising from the guaranty or insurance . '0y the indebtedness Created by this instrument. W WITNESS WHEREOF, MORTGAGOR$hGRANTORS HAVE EXECUTED THIS RIDER TME51 31st DAY OF May 1989 , + k08f RtA L. R�FC! 7 ► i.