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A <br />all <br />Oc- <br />qu� 10 6 4 6 0- <br />RMp.R To MORTGAGE/DECD OF TRUST-VA <br />This rider supplements and amends the mortgage /deed of trust of even date herewith by <br />and.hat C-,*glary and <br />WVh%1M&M#kerO4ff%gs Bank a ggee� <br />as mortgagors grantors. This rider Is incorporate d 19 and by <br />reference made a part of the aforesaid mortgage/dead of trustt as followst <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 39, United States Code. <br />A fee equal to one-half of I 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 />. <br />as trustee for the Administrator of Veterans Affairs. If the assurner 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. 11tis fee is automatically waived if the <br />assurner 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 />Kff <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 />subsequently revising osomership, records when an approved transfer is <br />completed. The amount cif this charge shalt not exceed the maximum <br />established by the Veterw.sl Administratiart for a loan to which Section <br />1817A of Chapter 37, Title 38, tJ'rd:i rarf States Code applies. <br />jj finis o'bIlgetior, IS assm-ined, the�- —*.r hereby agrees to assume all <br />of the obligations of the Veteran under thte terms of the instruments <br />creating and securing the loan, including the obligation of the Veteran to <br />indemnity 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 />RID <br />IN WITNESS WHEREOF, MORT(GAGCRS[GRANTORS HAVE EXECUTED THIS ER <br />' <br />TI-IIS 7th DAY OF NOt 19 9Q <br />f4 <br />L, t <br />-tHERYL LIMITH <br />Signed Sealed and Delivered in, the Presence of <br />