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- C,i:••"'�u va.iiia`.d iss.v Iia.iil�':�it i:i si'r� I�;e:�.niKe of ' <br />-1L -_: lily -.-. -._•' .� <br />Rt3��fiTlt L. iTzt£,� <br />a <br />�t <br />RIDER TO MORTGAGE /DEED OF TRUST-VA. <br />88-- 104570 <br />This rider supplements and amends the mortgage /deed of trust of even date herewith by <br />. <br />` �w�errCctiitrnbs Jgorl vin s Bank as n r agee�be{Iciary and so <br />as mortgagors grantors. This rider is incorporated to and by <br />.:: re er.sice made a part of the aiaresaid mortgage /deed of trust, as follows: <br />This loan Is Immediately due and payable upon transfer of the property <br />- wring such loan to any transferee. Unless the acceptability of the <br />sumption of the loan is established pursuant to Section 1917A of Chapter <br />Title. 38, United States Code. <br />A fee equal to one -half of .l; ..percent of the balance of this loan as of the <br />„ :.49te of transfer of Ow property shaEf,:be payable at the time of transfer <br />;.dal< the property to 'Co lumbus Federal dings 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 a�r�at3j,±::? =used by this instrument, shall bear <br />interest at the rate herein' prod; and, at the option: of Columbus <br />...., Federal Savings Bank hereby secured or any transferee tbereof, shall be <br />immediately, due and payabfi4 This fee is automatically waived if the <br />assumer it.exempt under ttsvtprovisions of 38 U. S. C. I829¢I3j. <br />;.•j Spon application - f -ik approval to allow assumption of this loan, a <br />processing fee may be char�ed by "Umbus Federal Savings Bank or its <br />« - <br />authorized agent for deterrrr n1bg the creditworthiness of the assumeti and <br />°y <br />subsequently revising ownerrdiip records when an approved transfer is <br />completed. The wri Cunt of this charge shall not exceed the maximum <br />established by the : Veterans' Administration for a loan to. which Section <br />1817A of Chapter 37y Title 38, United States Code appli6e . <br />If this obligation is assumed, then the assUrnef hereby agrees to assume all <br />:of the obligations ' 61 the Veteran the terms of the instruments <br />...creating and securing the loan, inclu&nk 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 />IN ITW&S 11 HEREOF <br />i , ORS /GRANTOR.5 iAVF�9EXECUTED, THIS RIDER <br />;x <br />SORT <br />HIS DAY <br />nirtiftfir- 14 -5[il " <br />r <br />-Jaw F. SL <br />- C,i:••"'�u va.iiia`.d iss.v Iia.iil�':�it i:i si'r� I�;e:�.niKe of ' <br />-1L -_: lily -.-. -._•' .� <br />Rt3��fiTlt L. iTzt£,� <br />a <br />�t <br />