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a - _` a _ f _. - _.. :. .• '.__ (__ _ - ___ _.-.*.� .- ...._;. _ —__ _ _ _ _.`,,. _ '< ... -..__( __ � <.. <br />90- i05i3. <br />RIDER TO MORTGAGEIOEM OF TRUST-VA' <br />This rider supplements acid amends the mortgage /deed of trust of even date herewith by <br />and between Columbus Federal Savings Bank as mortgagee beneficiary and - <br />ANDREW C GALLOWAY AND EARLENE GALLOWAY HMSANND AND WIFE ` <br />— _ -- ssa ISSUE sbatjvr��scsrssysa. ssssa sauct us Cum arl <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 1917A of Chapter <br />. ± ' 37, Title 38, United States Code. <br />A fee equal to one -half of 1 percent of the balance of this loan as of the <br />date of transfer of the property shall be payable at the time of transfer <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 />Federal Savings Bank hereby secured or any transferee thereof, shall be <br />immediately due and payable. This fee is automatically waived if the <br />assumer is exempt under the provisions of 38 U. S. C. 1829(8 ). <br />Upon application for approval to allow assumption of this .loan, a <br />processing fee may be charged by Columbus Federal Savings Bank or its <br />authorized agent for determining the creditworthiness of the assumer and <br />t subsequently revising ownership • 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 37, Title 38, United States Code applies. <br />If this obligation is assumed, then the assumer hereby agrees to assume all <br />of the obligations of the Veteran under the terms of the instruments <br />creating and securing the loan, including the obligation of the Veteran to <br />indemnify the Veterans' Administration to the extent of any claim <br />payment arising from the guaranty or insurance of the indebtedness <br />created by this instrument. <br />i <br />IN W1TqSS WHEREOF, MOI'S /GRANTORS HAV1goEXECUTED THIS RIDER <br />�f <br />THIS DAY OF , 19 <br />Signed Sealer! and Delivered in the Presence of <br />I <br />L"u� ` <br />