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<br /> � • � � , ` RiDB[t`'EO MQRTGAG D O�TRUST-Y!l' , . � . � .�' �;
<br /> � , , . . < < � _ � . . . .
<br /> '!'his cickc su�ptements and�amends the triartgage/deed of trust of even date [ierewith by t '
<br /> ared be#ween Columbus Fede�al Sa�vings �ank as martgagee/beneflciary anc!
<br /> - ; as mortgagors gran ofs. �s d r is u�car�orate�. . ared by �
<br /> -- reference made a part o€{the aforesaid mvrtgageideed o€ trust,as ta?�owss.
<br /> . � . �.
<br /> � � This loan is immediately d�e�and-paY�bte u�on transier of �ttie praperRyj��
<br /> � securing suc� Iaan.to any tran�feree.. Unless the acceptabi�ity:o� tE►e
<br /> - :�. assumption of the lvan:is establisfied pursuant�to Sectias� !S I7/4,of:Chapter ��
<br /> r'�: � 37, Title 38;.iJnited:States Cod�. �
<br /> A fee equa�i,to one-f�ali o€� 1 percent of`the balanee oE�this toa�as of•ihe �
<br /> �� � date of transfer af the property sha!! be paya6te at�the tiFne of transfer � �
<br />°�°'�`° . of the prap�rtg to.Coiumbus Fede�at Saviags Bantc or�its au�.4rized agent, '
<br /> - : as trvstee foc the Administrator�of Vete�ans AtfalES: If the assume� fails .
<br />_ � ��� •to pay this fee �at the: tir� of. transfer, thc fee shaii canStetut�'"��t
<br /> - . ' ;additional debt ta that ati'�dg�-secured by this instrument, stta.�P`;C�i'�g .
<br />�=y���� : "���� :�interest at the rate hereirn;gj�.v�i ,�C,�;;-�ad, at the optioR,:���:�.,Gr��ri'�ca�:,
<br />��:�t.; �.; �`<�.�� ���''`: Federal Savings @antc here.iay s�F� �..�ny transferee the��ra�;�.�;�.;a::�e �
<br /> �`� ' A �I�iF .�� is automaticalty a��tie� �:. �`��
<br /> .�. 'immedIately due.and paX�l,..-
<br /> ' ` �'? � � assumer is exempt under tt*.�'p�¢��.�j�,Q� 38 U. S. C. 1829IB). � . �'r "
<br /> . ���
<br /> . ,y , .
<br /> ': �,; ilpon a�pfficatIon . #�et' appioia�� to �aL�aw assuanption ofr .f,�?sis loan,� a
<br /> ; �,: �` processiog fee rrta��:bfa.��harged by Columbus Federal Savis�� Sanlr or Iu ,
<br /> ;:�`;.
<br /> �� � :.��-.� ..�.:�,;;.:authoc�zed 8gent �x.,tjeter�s,�pt�ing the c�edit�vortEu-�°ss of t�i;.�assumer and .
<br /> � s�.;, � subsequerrtly revisfig owc�r.�+i� records whet��,a��approved t�ansf�•� :is
<br /> . ., - �` : '.�� , completed. The amaunE. �fs Et�tis charge shall €r�� exceed the maxi:�:u.vr�i
<br /> ,:,fi r ` � � � .=i:�;.��: �,establIshed by th�:Vaterans" �rldministration ior a:loaa to which Secw�i�r. ,.
<br /> �::',� ' � �1817A af Chapter..3s�',;Title 38, United���ates Code applies.. —-----
<br /> _ .,R ;�,r. , , --_--
<br />' . - '���.' � l€� thjs obligalion is assurned;,then.the.a�s�:n�r.r i�_�r�5y ag�ees�ta assume at! �_`-�,._
<br /> �'`4� af. th� obligatlons of the Vcterun urz��r tl�e ��:rms of the instrum�:��a ��`'�":�
<br /> ' cr�ating and secu�ing the loan, inclut�;r�� the o�:'s�tiun of the Veteran to � '��'-.'-�__
<br /> � � Indgmnlfy the Veterans' AdminisE�atia� to thc extent m�. any claim �,;,;`�:�
<br /> _� . ,.; �,.�„�.,.
<br /> . , payment arising irom the guaranty ur insurance of t�'ru: ir�debtedness �-.:-��;^;;;
<br /> _ � crv�atsd�y thls instrument. �'''�
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<br /> IN W1Th S�S WHEREt��=;, MORTGAG�I25/GE��'��1T0l2S'ii�gl .CX��.UTED T'Fi6S It�t��R
<br /> ''�`��i. Tb115 2�� ' D�4,� OA Septpmber '`
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