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<br /> � . ' Rider to tbrtgage/Oeed af Trust•UN
<br />-- , ThSs rlder supplemente and emends the Mortgage/Deed of Trust of even date hero-�
<br /> " ' with by end betwaen Homa Federal Savings and Loan Association of Gtend Islend as � " `
<br /> mortgaye/Baneficiexy and GREGORY L. OLSON and
<br /> -- - LAUiN K. OLSON , husband and wife, 10�NU.-----------••----------^-^
<br /> ^"""'•'�""-"-- r k90pGXK01�X%kX%�OXii%7YN0.-""'--•"""-"'--'•""""""' �
<br /> - a singlo person as moTtgagors/Grantors� entl this rSdar is incorporatod !n and by
<br /> �, roference mnde e part of the aforesaid Mort9age/Deed of irust, as followsi
<br /> __,.,,� Thie laan Ss lrtmediately due and payable upon trenefer of tha T
<br /> -_ _ _ - . property securinq such loan to any transferee. Unlese tha
<br /> `=n y accepta611ity of the assumption of the loan is established pur-
<br /> r��.??� suant to section 1B17A of Chapter 37, TStle 38, United 5tutes
<br />-�' f.ode.
<br /> �
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<br /> , <�%. A fee equal to one-half of 1 percent of the balance of this loan �,- ��-- ��
<br /> �t ,, as of the date of transfer of the property shall be payable at =
<br /> , • ;r�:i;" -
<br /> -' -� -�, the time of tronsfer to Home Federal Savings and Loan 1lssociation �;-'-:
<br /> _. . ., y;,�; . .
<br />;;s:�,+�,�3r;�_�;I. of Grand Island or its authorized agent. Ila trustee for the
<br /> ti�`��:� AUministrator of Veterans Rffairs. If tha assumer fails to pay --
<br /> ...�.;ry��N:�iF,: �:.-
<br /> . ,.�t, , tJ�is fee et the time of transfer� the fee shall constitute an _
<br /> _ �'�,z�, additional debt to that already secured by thSs instrument, sha11 __
<br />- �'��°��, haar interest at the rate horeln provided, and, at the option of �,__
<br /> �"•�`v�.%�k� Hartra Federal Savin s and Loan Association of Grand Island hereby -
<br /> : �.t-,>�� _
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<br /> •^yn/,�r _ secuxod or any trensferee thereof, shall ha immediatoly due and = .
<br /> -.:_a*��i� payeble. ihis fee is automatically waived if the assumar is exempt �
<br /> r r =:�Y^ Untlet tliu pTOVislans Of 3t1 U.S.G. 7t3lyld/. ... .. ..... . -..
<br /> ' y'�r;" Upon applicetion for approval ta allow assumption of thia loan, 6:;;��.
<br /> _ ..; ��.� a proceesing fee may be charged by Hane Federal 9avings and Loan r_�:-_�---
<br /> -��.��_, llHSCCiaCiai of Grand Island or its authorized agent for deter- _i'j�,�, --zj,
<br /> �- },,;e mining tho creditworthinnss of the assumer end subsequEntly re- 5;; ; �F�'���
<br /> -,._��t1,;°._ visinq ou,nership rewrds 4fien an approved transfer is completed. ,- _� f�s��{E:�
<br /> - �- � The arrnunt of this charga shall not exceed the mnximum establiahetl ��- } . _ ���— -,�,
<br /> � `�' ��+:; by tha Uteterans 1ldministration for e loan to which section 1877q ,--. r� i� �
<br />_,;,.�;;�;;'>- of Chapter 37, Title 38, United States Code applies. ' t ,,���� "
<br /> � -.ts,� '+ � -c
<br /> '� ��. If this ohligation is assu:ned, then the assunmr hereGy agrees to �'- � i - _--
<br /> � i- t�. 86SURiE7 all of the obligations of the veteren under the terms of - .-
<br /> i{fl�� � tha inatrurcents creating end securing the loan, lncluding the t_ +� ��� '_
<br /> i7,y�� ���, obllgfltiun of tha veteran to indemnify the Veterans (lcaninLstration �^- -�` `_ _
<br /> � . ;F'�`�i�Yf�'!; to thn extent of any clalm payment arising from the guaranty or f{ v :-
<br /> _ ���ly-. insutenr.e of the intlebtedness created by this instrument. �� �- , u ;,.
<br /> �r ''��'`���� In witness whnreof, fM1�rtga9ors/Grantors have executed this rider this � �� '
<br />�i +��?�5 k.' 28T11 Date of pUCUST , 19 93 . � - � '� ''°_-
<br /> ,•,. ,��—, ' i�` :� . G
<br /> , j��, .-'�+� The title "Secretary of Veterans Affairs" GREG �Y . OISON
<br /> 'tiS+'�3:--�� shall be substltuted for that of " - �.
<br /> � �Y U�1�.�J '
<br />_,.,_,{,,.��,_='��. °Ildministrator of Veterans 1lffeirs" each -ZL��lJ - _ -
<br /> Yilli p 14\t... .
<br /> x � �.�r,t.,., time that it appears in this document LAURII K. OLSON - _-
<br /> '� V��)�:`,�t�:" pursuant to the provisions of Section 2, - -. -
<br />��'`•``%'.^ '�'' -' Pub. L. No. 100-527, the De artment of -� •� �
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<br /> `;'p;;_','p;';�.�.:`:. Veterans Pffairs 11ct. , _ ' �
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