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<br /> 93:io�.�
<br /> . IUp�R TO MORTGAG�/DF.�D Or TRUST-YA
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<br /> Thls rlder aupplements and amends the mo�tgage/deed oi t�ust oi even date he�ew[th by �
<br /> - and between Columbus Federa! Savl�gs Bank as mortgagee/beneilciary and _
<br /> - _ I
<br /> as mortgagors grentora. ie r dc� s ncorporat�n ran�t�y • . , „_
<br /> '1' re e�e�ce m� e a pa�t o atoreseld itnurtgage/deed ot trWAt, as tollows: , ���:
<br />-� „ �4 ..,.
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<br /> Thi� loan ls immediately due and payabic upnn transter oi the property � •`'�
<br /> -- -- aeeuring such loan to any t�a�sieree. llidess the acceptability of the ,,,,�,.-4:`�
<br /> auumptlon oi the loen ls eatabUshed pursu�nt ta Ssctlon 1817A of Chapter • �����-
<br />�--;,� 37, 1'itle 38� United Statea Code. _
<br />- A fee equal to one-halt of 1 percrnt ot thc balanr.c ot this loan as ot thc ,-�:T�
<br /> :;:�:, date oi transfe� of thc prope�ty shall be payable nt the tlme of tranafer , „,-�
<br /> -: -____� of the property to Col��mhus F��rriil S�vi�tl;s Rnnk or Its uuthorfzed agcnt. � ��-
<br />- as t�ustee for the Administ�ator at Vetc�ans A(tairs. Ii the assumer fails �
<br /> to pay thls fee at the time ot tra��sfcr, thc !re shall constitute an �°-
<br /> additional debt to that already secured by this instrument, shall bear , �"••;
<br /> Interest at the �ate herefn provided, and, at the option of Columbus -
<br /> �• Federal Savl�gs Bank hereby secured or uny trans[cree thereof, shall be . __.
<br /> Immed[ately due and payable. 7'hls fee is automaticalty waived if the � =-
<br /> assumec Is exempt unde� the provisions oi 38 U. S. C. 1819(B), ;
<br /> .,. ;...§ -� -
<br /> -� t�;:�� � Upon appllcatlon for approval to allow assurnp�ion of thls loan� u ����==-
<br /> ��A'` processing fee may be charged by Columbus Fede�ul Savings Bank or its ,,,�:.- :'' '
<br />.._'I?t:' � '=�i�'���_.� ;;.�
<br />-��`_:� authorir�ed agent for determinfn� the creclitvrorthin�ess of the assume� and . .
<br /> -'`::.'r�-:;•�,� subsequen�tly revlsjng ownershlp records v-t:rn an approved transfer is
<br /> �'�" #��'�#� compl�te�3, The amount of thls charge shall not excced the maxlmu�n
<br /> .� '�t��r:
<br /> '�.�. a1R��(3�`., establlsh�d �by the Veterans' Aciministration tar a loan to which Sectiaa� '; __
<br />-- � t,f.� � . '
<br />""`� �' q','�: ,, 1817A o� Gt�apter 37, Title 38, United States Codo app9 ies. _
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<br /> . :;��r������:� ��"�''j: Ii thls obligntion is assumed, then the assumcr he�eby agrees to assume all .. -
<br /> ���""��?`.� of the obG atjons of the Yeteran under thc terms ot the lnstruments r
<br /> ' :�x.�,< <,. � -.::
<br /> �Jrt.
<br />- ' .,im"•r' ' ��--
<br /> �,.,,�,,4� � creating and securing the loan, including the obligation of the Veteran to
<br /> -`' ' ti'``;�+'`° �,;. • • jndemnffy the Veterans' Adminlstration to the extent of a�y claim _
<br />��Ui` �'i payment arls[ng from the guaranty or insurance ot the f�debtedness ,
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<br />--� — created by thEs Instrument. _
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<br />�':�`��� ���", � IN WITNESS NHEREOF, MORTGAGORS/GRANTOI2S 1-ir�VL'• �XECUTED TFa15 RIDE12 �;
<br />`'�`� � THIS 12th DAY OP �r� _-
<br /> , 1993.
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