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<br /> . � RIDER 1`O 141[QR'iGAGE�I?EED OF TRt15T-Y�1 . � ' � . ` .
<br /> , . � . ` .. .. . ..
<br /> : � ,This rider supplements and amends the mortgage/deed, of trust of even date herewlth by �
<br /> _ _ ;ar�t!hct�een_��?�U�bus Fed+erat Savings�ank as mort�ageelbeneficiary and
<br /> RUBERT.G�N� SCHEEl. A SINGIE PER�vON . � ,
<br />_ as mortgago�s grantors. This rider incorporated in artd y -
<br /> referencx made a part of the aforesaid rnortgage/deed of trust, as to!lows:
<br /> -- 'fUis loan. Ls irnmediately. due anc! payable upon transfer of the property
<br /> _= secu�ing such.. loan.tc any tcansieree. Unless the acceptability of tE�e _
<br />,yr.p assumpt�un of the loan is established pursuant to Section 1817a of Ct��t�_.,,; ,
<br /> -- ��,Titte 38, United SfaEes Code.
<br />-_��. �
<br /> _= . A fee equal to one-half of 1 perceat of the baiance of this ioan as'of the
<br /> �._ . - date of transfer af the propertg �hail be payahle at the time of transfer ,
<br /> - �. . of the property.to Columbus Fed� 5avings B�nk 9r its �uthori.�ed agent.' ,
<br /> -- • �.tcustee for the Administrator Qf Veterans Affairs. if the assumer fails .
<br />- - . � '�¢�::pay this fee at the time af,tramier, the iee shal! constitute an
<br />—=�R � � �'���itIona! debt to that already secured ,by this instrument, shall bear
<br />_� is�erest at the rate herein prar�cided, and, at the cs��ion of Calurnbus `
<br /> l��J�'^. ��eral Savings Bank,hereby seczired or any transfcr� thereof, sh�il be � _
<br /> _1...�,��' � ��,�:r.,t�sed'iately Que aitd�payable. "f"his� fee is automatically waiuec'i .if the __
<br /> ,�'� . • --v-
<br /> _ ,��-.J ,: �:.�a�.�mer is exempt u�:�r tiie provisions of 38 U. 5. C. t829(B). __
<br />_3a�i •7. _ . . ' - . �-�.
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<br /> �-���3oon applicatian for approvat to allo�v assumption of this loan, a
<br /> =` ` - ' ' .':�-nc,essing fee may be charged �;. Columbus Federal Savings Bank or its _ __
<br /> _<�,.��,�;-. .. ..
<br />- ''"•��' " " ' � :::e:.�i�,�rized agent fv�.�terminin� the rrcdiiworthincss d( the assumec and —
<br />=T-,ti�u:
<br /> ',�,�,1; �'t`<<�
<br />° .�:��..,` : �•��sequently revising ownership records �vhcn an :�ppro�ed transicr is _..
<br /> _,•� . cotirpleted. The amount oi this charge shat! not excced the maximu�n �,� .
<br /> - .,lt: r � —
<br />=�.��� � - establlshed �b the Veterans' Ac��ninistration 4nr a loan,to which Section . �
<br />�,,:,,�.�� -
<br /> --��-. 1817A of (�r.:��er 37, Titte 38, �!e°w�ted States Code app!€es. ' �—�-z��
<br /> ,_�e_
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<br /> T;� this obllgation is as�c:med, then the assurner hereby agrees ta �tsme al! __
<br /> z af the obdlgations of the Veteran under the terms oi the instruments ' ��-
<br />_;- � . ' � creating and'securing the 1oan, i�cluding the oblig�tion of the Veteran to , ��:_ '.'
<br />_3. ; � indemnlfy the Veterans' Admirr,�stration to the extent of any clairie � � ' '�--
<br /> ��;,�.1,;,7 � ; �ayment arising irom the guaranty o� insurance of the indebtedne5s . .��`,�-�-'�_;-�
<br /> s•i1(4;:'r.• , ¢as�ated by th3s Instrument. . �:': "�._
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<br /> �:IN W1T WF�tZ�'OF, M� GAE��S/GRAN?ORS Hk�� EXECU'f�0 TH�'S���ea�C? � ''��,'' - '-
<br />_i',;',.�,�`1:; ti���,. THIS �� , II�AY �F �enteT �r � y� . , . . . '�,.:
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