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L <br />9-- 144319 <br />1UMR TO MORTGAGE /DEED OF TRUST -VA <br />This rider supplements and amends the mortgage /deed of trust of even date herewith by <br />and between Columbus Federal Savings Bank as mortgga�gee /beneflclary and <br />TED F BIRD 1MM. JtJC E A. 13100 !lll581Y�D MAD WIFE <br />as mortgagors grantors. This rider ss incorporatW in and by <br />refererxe ma-de a part of the aforesaid mortgage /deed of trust, as follows: <br />'This loan-Js immediately due and payable upon transfer of the property <br />stcuring 'such loan to any transferee. Unless ';he acceptability of the <br />tumption of the loan- its:. iestzblished pursuant to 5r action 1.917A of Chapter <br />37, Title 38, United-.$,14 t : Code. <br />A fee equal to one -€ f ,bf 1 percent of the balance of this loan as ,6t •the <br />date of transfer of.tvie property shall be payable at the time of traif�fer.. <br />of the property to Columbus Federal Savings Bank or its authorized <br />as trustee fcK the Administrator of Vetgn ans Affairs. If the assurnec DOW <br />to pay thus;'' fee at the tirt"* of trah0er, t ;;fAe shall constitwt <br />additional debt to that already secured by tai instrument, shall lsear <br />interest at the rake herein provided, "f, *id, at the option. of Columbus <br />Federal Savings Banff{ : :• hereby secured cr: any transferee ttsiw eof, shall be <br />immediately due and. payable,, . This fee is aut.0matically" waived.. "If -4he <br />assumer is exempt under the provisions of 38 U..& Ca: 18 ?9(B). <br />Upon. application icy', approval to alley assumption of this loan, a <br />processing _fee may. Ise charged by Ccli,urtbus Federal Savings Bank or its <br />authorized agent for determining the creditwort`+•iness of the assumer and <br />subsequently revising ownership records wi -,en 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 a�,Wger hereby agrees to assurt a all <br />of the obligations of the Veteran. i :i3FS , the terms of the instruments <br />creating and securipg `the loan, the obligation of the Veteran to <br />indemnify the Veteraitis' Administration 'to the extent of any claim <br />payment ;rising from the guaranty or insurarirce of the indebtis+r oess <br />created by this instrument. <br />IfN 15 ITq WHEREOF 1,101% , (iORS /GRANTORS'HgV;9EXeCUTEI i- THIS RIDER <br />Signed Sealed and Delivered in the Pre-m.9ce of <br />=k-Mca AAY Stilt M NIt*r.� <br />URTA �. 8110 <br />11»»0 <br />r� <br />