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� � RIDER TO MORTGAGElDEED OF TRUST-VA I � 89-� ios2so This rlde� supplements and amends the martgage/deed of trust o# ev�n date he�e�vith t�y and between Columbus Federal Savings Bank as mortgagee/beneflclary and RONAI SINGLE PER50N as mortgagors grantors. 7'his ride� s incorporated in and by reference ma e a pa�t af t e aforesald mortgage/deed of t�ust, as follows: ` � This loan ls lmmediately due and payable upon tcansfer of the property securing such loan to any transferee. Unless the acceptabllity of the . assumptlon of the loan is established pursuant to Section 1817A of Chapter 37, Title 38, United States Code. A fee equal to one-half of 1 pe�cent of the balance of thls loan as of the date of transfer of the property shall be payable at the tlme of transfec � : oi the property to Columbus Federal Savings Bank or its authorized age�t, as trustee for the Adminlstrator of Veterans Aftaics. If the assumer fails to pay this fee at the time of transfec, the fee shall constitute an additlonal debt to that already secured by this instrument, shall bear . interest at the rate herein provided, and, at the option of Columbus Federa! Savings Bank hereby secured or any transferee thereof, shall be Immediately due and payable. This fee is automatically waived if the � assumer is exempt under the provlsians of 38 U. S. C. 1829(B). _ Upon application for approval to allow assumptian of this loa�, a 4. ` processing fee may be charged by Columbus Fede�al Savings Bank or its �-_ authorized agent for determining the creditworthlness of the assumer and � - subsequently revising awnership records when an approved transfer is - compieieci. 'f'ne amount oi ihi3 cnarge shaii not exceea ii�e maxirnum :_' establlshed by the Veterans' Administration for a loan to which Section : 1817A of Chapter 37, Title 38, United States Code applies. - . If this obligation is assumed, then the assumer hereby agrees to assume all of the obligations of the Veteran under the terms of the instruments creating and securing the loan, including the obligation of the Veteran to indemnify the Veterans' Administration to the extent of any claim payment arisi�g from the guaranty or insurance of the indebtedness created by this instrument. IN WITNESS WHEREOF, MORTGAGORS/GRANTORS HAVE EXECUTED THIS R1DER y= THIS i5th DAY OF November � 19 89 � , ;. d�+�Q'� �' �`/ ;- -nortR� �--__ i SigRed Sealed and Delivered in the Presence of ; (� • � i — . : ,:. .. ,-.. . p �c,h�iaTr� a.. ��.�� ~ . ��,... �..-� �,'�t.�::::.� E�� .:v�i. ��•a ��f��■ �a� r� - � a �