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<br /> , �� < . ' Rfder to I'�ortgage/De�f af 7rust-l�A ���, ��� :
<br /> • - .� . . • . .. �
<br /> _ This iideT supplements and anends t1�e t'�iortgage/IIeed af T�st of even date t�ere-
<br /> - . - adth by anci betu�een Hame-Fetleral Sauings aud Loan. Assaciatiiare of.:Gra�'rc� Islaa�d as
<br /> " Plort9a9e/8eneficiary.and C. JOHN FAY: JR.--------------------------± �-
<br /> •�-..-,--___---- __ - ------�X1GK�0�1H0(1i16x0�YiUf�jXrilqm(-------------------------- ' .
<br /> .. _._ ._ .�M�«�����w�.��:+:�w�et_'d_S1t1Q�P.--QP.TSORs--�_��������....►.���«_..�_��.����.—��=�-- — . '
<br /> .. :� a single persan ��rtgagors Grantors• and this rider £s incarporated in actd by .
<br /> � refereoce n�ade a `p�t of the aforesafd t�lortgag��Deed of Trust, as folloWS: �
<br /> This laan,is inmediately due and payable upon tr�nsfer` of tt�
<br /> : property securi�g such loan ta any transtsree. Unless_th� ,• � � ,.
<br /> _ acceptabflity af the assunption•of the loen�is eatebli�hed pur-
<br /> suar►t to sectian 1817A of� Chapter 37, Title 38• United States �
<br /> . Code. . ' � .
<br /> _ A fee equal to one-Fialf af 1 percent of the balance oP thfs lQan '
<br /> . . ' as af the date of transfer of the property shall be payable at .
<br /> the time of transfer ta ilan�ee Federai Sauings aad Loan�Assocfatiqn
<br /> - of Grand LsZancior its authorized agent. As trustee for the -
<br /> � Administrator of Ueterans Affairs. If� the.assumer fails to pay
<br /> �this fee at the time oP transfer, the fee shall constitute an
<br /> additional debt to-thaL already secured by this instrument, shall •
<br /> � hear interest at the rate herein provided, ands at the option of
<br /> �� Home federal Savings and Losn Assaci.atien of Grand Island hereby
<br /> � secured or any transferee thereof, shall be immediatel� due and
<br /> , �iay��;, This fee is autcunatically Waived if .�he ass�aier is exempt
<br /> � undes>�ie provisians of 3B tl:S.C. 1A29(Bj. �,
<br /> . '•���� ' •
<br /> Upon �plicatian far approval to allaw_assumptic.iz`,�;�.�;�is loan, ,
<br /> a prc�?ssing fee�may bs cF�arged by Home Federarl'.Sau�sa�:and Loan
<br /> � Assocn�ian of Grand IsZa�ci or its authorized�agent����r�deter-
<br /> miniii� the credituiorth��n� of the assumer and subs�sg:ently re-
<br /> uising awnershiQ records �en an approved transfer � �ompleted. .
<br /> , The amaunt a'�. ��is charge sha11 not exceed the maxi,rs�+ir^�established
<br /> -�' by the b'eter�s.;dministration for a'loan to which se��ion 1817A . _
<br /> of Eh�a�� .�*�,'Title 38, United States Cade a���ses,,
<br /> If this obligation �.s assumed, then the ass�r,ier,�d�erz�y agrees to
<br /> assume all of the obligations of the veteran �n�ez���t�s terms of ��� .
<br /> the instruments creating and securing the laan::i?�;,�+��ing the --
<br /> , obligation of the veteran to indemnify the U�t�r��s ��,ctninistration � -=
<br /> to the extent of any claim payment arising f.rr�in.��+e �uaranty or �
<br /> fnsurance of the indebtedness created by this ins��rr�ent. �
<br /> In witness whereof, P'fort�agars/Grantors have executesf th�s.ridQr�'this �'�; �`,` �' . _
<br /> 6TF4 ..Oats of:,� OECE�IBER , 1993 .� � ",. -_
<br /> . � �� �ti' . � �
<br /> The ti.tle "Se�etagy ����1laterans Affairs" C. OHN FA�f, .3i�. ` � ,� -
<br /> shall be substit�!fi�� �'ar th�t of � , � -°
<br /> "Administrator vi�; �tet�'ra�s Rffairs" each , _�
<br /> time that it appears in �his document , ' � .. ' ' -
<br /> pursuant to the provisi�ns af Section 2, _
<br /> Pub. L. No. 100-527, the:4spartment of
<br /> Ueterans affairs Act. � -
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