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<br /> . ; ;' - . , ,. ItIDL[t 'CO MORTGAGE1DLEb_t�F TEtUST-YA , - . �. , '
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<br /> � ` ���i� �ppieme�ts-and amend� the mortgage/deed of.tcust of even dat�he�ewith by , _
<br /> --- - . . betteficiary.anc! .
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<br /> � r ae�d bet�reen C�It�n6�Fe�at Savl�s.Bank a5 rriortga , � _ , �-
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<br /> - as mo�tgagors grantors. This..�ider.is incorporated,in and by . _
<br /> cefe�ence made a patt of aforesaid mortgage/deed of.trust, as fo!lows: �
<br /> ThIs loan is Immediately due and gayable upon uansfer of 3he property ,
<br /> sece�ing. such.loac► to a�}r vansferee. Untess the acceptability of the :' ,
<br /> ' as�unp�ion of.the loan.js established pursuant to Section�1817A of Chag;er ,,�.s
<br /> � • 37, Tit2t;��; United States Cale. _ - ,,��.` �
<br /> A fee equal to one-hatf of 1 percec�t af th� balance oi this loan as of the �; ',:;:, -
<br />--- • date of transfe� of the Qroperty st�£t:��e payable at the dme of transfer �;,>: :��'� ,
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<br /> of�the proP4rty to eoiumbus Federal`Savings Bank or its authorized agent,
<br /> � as ttustee for the Admititstrator o# Ye�ecans Affairs. [f the assumer fails -
<br /> , to pay this fee at. the time of tiaz't�fer,. the fec shall cor�stitute an . ,
<br /> addltiona! �debt to that already sec��d by this instrument, shall bea�
<br /> - - lnterest at the rate herein provided, and, at the optlon of Columbus
<br /> - Federal Savings Bank hereby secured or any transfecee thereof, shali be
<br />_ � Immediately due and payabte. 'f'his'fee, js automaticaliy waived if the _
<br /> - . assumer is exempt.under.the provisions of 38 U. S. C. 1829(B). � -
<br /> ` Upon �p�licatiae�;�.for approval to allow • assumption of this loan, .a
<br />;,,�s; proc�s�crrg fee ri"tay be charged by Coliimbus,Fe�eral Savings 6ank or its
<br />:��_;,__ � auth+�ized agent for determining the credit«�ttii�ess of the assumer and
<br /> �'`' subsecjYrently revlsing owncrship records wh:�:.`�ri spproved transicr is �
<br />,F'r°''` completed. .The..amount of this char.� shall not cxceed the rnaxi�nu�n
<br /> • established by the Veterans' Adrni�iistration far 'a loan to;which Section
<br /> 1817A of Chapter 37, Title 38, Unitrd Statcs Code applies. -
<br /> , . ' If this obligation is assumed, then the assumcr he�eby agrees to assume all `
<br /> � , of the obligatlons of the Veteran under thc terms of;.the instruments _
<br /> creati�g and securing the loan, including the obli,�ation oi the Veteran to =.
<br /> � indemni�y the Veterans' Administration to ���-.e,•,extent of any claim _
<br /> _ .:.s, payment, arlsing irom the guaranty or insur�a:�e 'ot the indclitecfness _
<br />- ,. ,. c�ea�e�S�y this Instrument. . _
<br /> � ;. , _. .. ' -
<br /> ` . ��:�� � 1fE���WITi!'E... � :WHEREOF, MOR�1eC�eRSfG��NTOI2S HAV91 �.XECUTED THIS [21DER -
<br /> �''�� , fi6�5 2�� DAY OF � , 19 . -
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