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<br /> R1DER TO MO1tTGAGL�/ULL'I� OI� 1'ItUS7'-VA
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<br /> -, -�� Tt�is rlder supplements and amends tl�e mortgagc/ciccd of trust ot even datcs lierewtth by
<br /> •��� and between Columbus fcdcral Savtnss 13an1< as m��rif;r�}�oe/b�n�ficia�y and ,__. _
<br /> �`•� W—._— (�OiiC� T ROYSE 6 W I LL-L 1 NA C ROYSE 1#JSBANO � W I FE
<br /> _�, — - as mort�a�urs gru�itn�-s. 1'iiis r{cic�s �ncorporatecT-iii aiic�y
<br /> - —�-'�`�= reference ma e a part of t e aforesajd �nort�age/dc�ecl o[ trust, as follows:
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<br /> --_'"""�'" '�m�� Thls loan Is lmmedlately due and payabl� upon tratisler ot the property
<br /> �����-°� securing such loan to any transferee. Unless thc acceptabllity ot the
<br /> � assumptlon of the loan is establish�d pucsuant tu Section 18I7A ot Chapter
<br /> -_— - 37, Tltle 38, United States Code.
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<br /> ,.- � ,� A iee equal to one-hali ot 1 percent oi thc b.�lu��cc u( this lonn as o[ the
<br /> ' .;�;:s,•ti#.k'�''�� ,„_s, date of transfer of the property shall be puyable at thc tirne ot transier
<br /> , of tl�e property to C:olumbus Federal Savings llank or its autltiorized agent,
<br />. `��. �� s � as trustee for the Administrator o! Veterans Aftalrs. 11 the asswner fatls
<br /> t .' ' � ,;;, to pay thls fee at the time o[ transfer, tlic !ec sl�all constltute an
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<br /> `_ ,;,; ,. .. , ,� addltlonal debt to that already secw•ed by this instrument, shall bear
<br /> interest at the �rate hereln provided, ancl, t�t the optjon of Colutnbus
<br /> � ' ` Federal Savtngs Banl< hereby secured or any transicrce thereof, shall be _
<br /> • � tmmedlately due and payable. 1'his !ec is autornatically waived 1t the
<br /> � � ' assumer Is exempt under the provlslons oI 38 U. S. C. 1829(6).
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<br /> . ,,�'�,. . •. Upon applicatton for approvul ro allo�v assutnption of this loa��, a
<br /> 4:�►�.rr.,..._.....��_�'•": processing fee may be char�ed by Coiwnbus l�ederal 5avin�s daid< or it5
<br />' � ,�':•:f� �� autl��orized agen! for determin�n� tiie rrccSii�v�r iliit�ess ai titi� assumcr and
<br />•� . �� suhsequently revlsi�g ownership rc�cords whcn an Fippt•oved t�ansfcr is
<br /> ° completed. 7'he amoiint of this charge shall iiot c•xceed the mt►xi�»u�u _
<br /> � " establlshed by the Veterans' Ad�nt�iistratian tor a loan to whi�h Sectiot�
<br /> � . : 1817A of Chapter 37, T(tle 38, U�dted Stutes C:c�dc applics.
<br /> � If thts obligation ls assumed, d�cn tlic L155U111t•n c�•rcby a�;rces to assu��ic all
<br /> • of the obllgatlons of the Vetcran widc•r tix• tcr►ns ut thc jnstruments =
<br />:�'� .�, creating and securing the loan, i�u'ludin�; t�x' <����i}��►tiuii af the Veteran to
<br /> • r indetnnify the Veterans' nchTii�iistraticni tc� tl►c• �'�tc'nl a[ atiy c•lai�n
<br /> `�, ; • payment ar[sing frotn tl�c };uc►raiity c�►' itisu�'a��<�c• o( the indcbtcdness '
<br /> . created by t1ils instrwnent. -
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