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u. <br />RIDER To NDRT"B/DZBD OF TRUST-VA <br />10CS60 <br />go <br />This rider supplements and amends tits mortgage/dead of trust of even data <br />a <br />herewith by The Overland National Bank of Grand Island as mortgagee/ben tic lazy <br />and Russell A. Fushrer and Cynthi a Fushrer, husband and wife <br />an mortgagors grantors. This rider is incorporated In and by reference made a <br />part of the aforesaid mortgage /deed of trust, an follows: <br />This loan to immediately due and payable upon transfer of the <br />property securing such loan to any transferee. Unless the <br />acceptability of the ammimption of the loan to established <br />pursuant to Section 1817A of Chapter 37, Title 38, United States <br />Code. <br />A fee equal to one-half of I percent of the balance of this loan <br />Y <br />as of that date of transfer of the property shall be payable at <br />the time of transfer of the property to The Overland National <br />Bank of Grand Island or its authorized agent, as trustee for the <br />Administrator of Veterans Affairs. If the assumer fails to Pay <br />this fee at the time of transfer, the fee shall constitute an <br />5. <br />additional deb to that already secured by this instrument, shall <br />bear Interest at the rate herein provided, and, at the option of <br />. ft,-.7 <br />-The Overland National Bank of Grand Island hereby secured or any <br />This <br />Aransferee thereof, shall be imme diately due and payable. <br />fee is autom atically waived if the assumer is exempt under the <br />provi sions of 38 U.S.C. 1829 (B). <br />Upon application for approval to allow assumption oi this loan, a <br />process Ing fee may be charged by The Overland National Bank of <br />r, <br />Grand Island or its authorized agent for dezermining the credit <br />worthiness of the assumer and subsequently revising ownership <br />records when an approved transfer to completed. The amount of <br />this charge shall not exceed the maximum established by the <br />Veterans' Administration for a loan to which Section 1817A of <br />Chapter 37, Title 38, United States Code applies. <br />If this obligation is assumed. then the assumer hereby agrees to <br />assume all of the obligations of the Veteran under the terms of <br />the instruments crea ting and securing the loan, including the <br />obligation of the Veteran to Indemnify the Veterans' Administration <br />to the extent of any claim payment arising from the guaranty or <br />insurance of the indebtedness created by this instrument. <br />IN WITNESS WHEREOF, MORTGAGORS /GRANTORS HAVE EXECUTED THIS RIDER THIS <br />30th DAY OF November 19 90 <br />Rqjselj ii Fueltrer <br />)1Y <br />J-I AA-L t <br />CyndLV <br />ia fuehrer <br />u. <br />