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<br /> -.°���,� " -_ , RIDER TO MOItTGAGL' DL'�'l) ��� TIt USl'-YA - - --
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<br /> '��`'����� This rfder supplements a�d amends thc martua�c/d�r�l oi truyt at ev��n dat� hcrrwith by
<br /> � �.''�''`°''"'`°�= and between Columhus Federal Savings H�nk ;i�. u�art�;.��;�•��lb�•neti�:�ary und
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<br /> ��<���°,, .�,�.}. s n art A� nrro i FN C �EBRAAL HL5BANQ_� uIEE • -
<br /> -- .;,�;,, °�: . as mortga�ors gr�►�itors. This ncMr �s Incorporated In .�nd by
<br /> ���""�' retere�ce made a pa�t of the aforesaici mortqage/deed of trust, As tollowst
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<br />-- =.n= .::;t,�;-�;;�,x,,; This �oan ts Immediately due and payablc upon tranater ot the property
<br />--��'=.,_� .�_ : securing such loan to a�y transiecee. Unless tlZe acceptabilfty ot the ___._
<br /> _�:�.�� ��• � assumption of th� loan Is established purcsuant to Sectiu�� 1$17A ot ChApter
<br /> �=:°�`�� � � 37, Title 38, United States Code.
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<br /> ' A fee equal to one-hali of l perceni of the b�laiice �t tl��s lo�n as ut tlic - _-
<br />---;==1- ...a,�;4 , ,+ . date oi transier of the property shall bc payablc at ihc time ot transier
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<br /> •r�.�.. �� �� of the property to Columbus �ederai Savings l 3an k or i t5 au t h o r i z e d a g e n t, _, ..�_�_
<br /> '` "`'�'�1����•�..}�:;.:• as 4custee for the Admi�istrator of Veterans A(tairs. If the assu�ner fails •�
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<br />- . ��'� ,�.:,,.. 'y� '��� to pay this fee at the time oi transic�, thc tce shall constitute an
<br /> .�•.�'' ' ,' ' addltlonal debt to that already secured by this instrument, shall bear f,,_�=_.-
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<br /> fnterest at ttr.e rate hereln provlded, and, at the option of t.olumbus � �,�
<br /> __ ',, '''�����I` " Federal Savin�s �ank hereby secu�ed or any transtcrce thereot, shall bc --
<br /> .r�;,e� � immedlately due and payable. This [ec is a��t�matically waivcd it thc _
<br />, •�':% assumer Is exempt under the provisions ot 3S ��. S. C. 1829(R). _
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<br /> • �"'` � '��i' Upon applicatlon for approval to alluw assu�nptiun of this ��an, a ��...���-._:
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<br /> processing fee may be �harged bg Columbus Federal Savings Bank or its �j,,���,,,,
<br /> � ,r P assumer �nd ��'�-����—
<br /> �� , �� authorized age�t ior Cie��[Inii'�til� ..a2 crcd�iuorthiness �. th. �_ __ .
<br /> .;�.,..,;� :, ;(a,a,�, subsequently revjsing ownership records wh�en an approved transfer is �_4�_:
<br /> .�,�';�t ./��`"' campleted. Tfie amount of this charge sh�a49 not �xceed the maximum
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<br /> ,,.. - ,,�,:,� . „ . established by the Veterans' Adrministration for a I�aon to which Section _
<br /> " %��,E��};�t``' ' ' t817A of Cha��tsr 37, Title 38, UPiit•ed States Code A��9zes. — -____
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<br /> ' . ... li thls obl[gation is assumed, then the assumcr hereby agrees to assume all -- r
<br /> ' of the obligations of the Veteran under thc terms of the instruments '� _� ^;Y
<br /> , �� creating and securing the loan� including the obligatiun of the Veteran to
<br /> Indemnjfy the Veterans' Administration to thc �xient of any claim � ___ .-
<br /> � � .- " payment arising from the guar�ntv or insurance ut the indebtedness �,._-_=���_
<br /> ,. c�eated by this Instrument. ��_--�---
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<br /> ::i':'f�''� � p�1 WITNESS 1VHER��F, MORTGAG��RS/C;RANl'��liti II/�\''� EXECUTLD THIS 121DC1t ���_..,,_
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