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<br /> Rid�z to Ibrtq�q�/OMd of Trust-�A �"�
<br /> fii� rid�r suppl�nts and an�nds th� Mbrtq�q�/ONd of Trust of wrn d�t• h�s��
<br /> �+ith by and boti+�aer+ Homa fod�ral Savings and Loan Aa�xiati�.nr► of Gre�d Isl�nd ae
<br /> Irlorty�q�/B�ficiary �nd JOEL 8. DAI.tON �d
<br /> LII�DA M. DALTQN , Fwaband and tiifs,liiElEK------..-------------------
<br /> ----•-- --. �(���N(�tl�tltl�iXKitltX------------------------------------- ►
<br /> *��ppppp�x as Mortqaqors/Grantors. and thi� rider ia incorporat�d in and by
<br /> r�f�r�nc� mad�t a pert of th� •for�said (�lort�eqe/O��d of Trust, as fallara:
<br /> This loan is irtmtdistely due end payable upon transfer of tF�
<br /> property securinq such loan to any tranaferee. Unls3s the
<br /> acceptability of the assumptian of the loan is estebllshad pur-
<br /> suant to s�ction 1817A of Chsptar 37, Title 39, Unit�d St�tes
<br /> �oda.
<br /> —i—� N fee equal to one-half of 1 percent af th� balance of this loan
<br /> as of the date of tranafer of the property shall be payable at
<br /> the time af transfer to Hame Federal Savings and Loan Association
<br /> of Grand Island or its authorized agent. As trustee for the
<br /> Admi�istretor of Ueterans Affairs. If the assumer Fails to pay
<br /> this fee at the time uf transfer, the fee shall constitute an
<br /> additional debt to tt�at alrRady secured by this inatcument, lshall
<br /> bear interest at the rate herein provided• and, a� the option of
<br /> Home Federal Savings and Loan Assaciation of Grand Island hereby
<br /> secured or any transferee thereof, shall be immedietely due and
<br /> — payable. This fee is automatically waived if the assumer is exempt
<br />_ - - Ny��_� uncier the pravisians of 38 U.S.C. 7828{8). .
<br />.'rl , I�IIi�
<br /> h:'I Upon applfcati.on for approval to allow assumption of this loan,
<br /> - a processing fee may be charged by Home Federal Savings and Loan
<br />- � Association of Gran�l Island or its authorized agent for deter-
<br /> ►�" minfn the creditWOrthiness of the assumer and subs�quently re-
<br /> r�;'�:»�� 9
<br /> . `f�f;N • vising ownership records when an approved transfer is completed.
<br /> �' �- The amount of this charge shall not exceed the maximum established
<br />- � by the Ueterans Administration for a loan to which section 1817A
<br /> _ _ ,�•t:, , of Chapter 37, Title 38� United States Gode applies.
<br /> b�'.
<br /> .':;,`��:-�'' If this obligation is assumed� then the assumer hereby agrees to
<br /> � �`'��''"'�" assume all of the obligations of the veteran under the terms of
<br /> y�,r..:d•. _. ;.I�i.
<br /> ,��,.. ,. the instruments creating and securing the loan. including the
<br /> ' ��'�'`,;".' :�"., obligation of the veteran to indemnify the Ueterans Administration -
<br /> �', '"`- "�`�' ' to the extent of any claim payment arising from the guaranty or
<br /> `�:�.•.
<br /> "'"" insurance of the indebtedness created by this instrument.
<br /> f��
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<br />_ --��`=:'�: �• In W1tf1BS5 whereof, I'�lortgagors/Grantors have executed this rider this
<br /> �'`��` ' Date of (VpUEihBER 5 , 19 3 .
<br /> iµ���.;.,;�..-?... . � �
<br />_ � i�����,;;.':�r The title "Secretery of Ueterans Affairs" J B. AL ON
<br /> .'..'.� '���"'� shall be substituted for that of 2 �
<br /> . � y;,,. .. . . ��Administrator of Ueterans Affair.s" each 4� � �*�
<br /> � --•� •�`� � time that it appears in this document LINDA m. OALTON �-
<br /> . ..f,:� " �.:,.
<br /> ���;;;.11 : . 4 pursuant to the provisions of Section 2, =
<br /> Pub. L. No. 1�0-52?, the Department of G,
<br /> ' Ueterans Rffairs Act.
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