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'l -.r.-• ._ .�{� .i� .0 _ " -_� ��,,,; ,,;:. ----_-- .� � -- -� . - - - - � .__ _ ..�u . � � � �: .. . ' � � �� - � 94- 93- Rider to Mortqaqe/DNd of Trust-UA �� , This rider supplements end amends the N1ortqaqe/Oeed of Trust of even date hera- �;; with by and betWeen Home Faderal 5a�ings and Loan As9ociation of Grand Island as � Mortgaqe/Beneffciary and JOHN W. IroRROW and ` - JOY D. IMIORROW , husband end wife, 1liNl-------------------------- — -- ---------------------• IIXI�1i1�YifX�4iF1ElEi�IlXX1Hia------------------------------------- . — -- — IiX1t�l6i�IiFX�4i1lE1E1416 as Mortgagors/Grantors. and this rider is incorporated in and by —°"""� reference made a part of the aforesaid �lortgage/OQed of Trust. as follows: --- �-'°°"'�" This loen is immediately due and payahle upon transfer of the .4�'+�� property securing such loan to any transferee. Unless the _,�� acceptability of the assumption of the loan is established pur- - --�"'—"_ — suant to section 1817A of Chapter 37, Title 38, United Statos - Code. .��:'��; � Si. � 'jti��i:. ' � '. .iF `._ . A fee equal to one-half of 1 percent of the balance of this loan ' '� ' 4 es of the date of transfer of the property shall be payable at •,F'� . , - � ' � the time of transfer to Home Federal Savings and Loan Association „ `,J,: ...� . .°:„ �.� of Grand Island or its authorized agent. As trustee for the •� ' Administrator of Veterans Affairs. If the assumer fails to pay -- _ ',•,... :: . . ', this fee at the time of transfer, the fee shall co�stitute an , additional debt to that already secured by this instrument, shall — bear interest at the rate herein provided, and� at the option of � Home Federal Savings and Loan Association of Grand Island hereby `-'•:` ` se�ured or any transferee thereof, shall be immediately due and .:r�•'_. ' `-"'"'.°P " payable. This fee is automatically waived if the assumer is exempt — ' 1_..__'"'.0 ' �� under the provisions of 38 U.S.C. 1829(B). � Upon applicatic�n for approval to allow assumption af this loan, a pracessing fee may be charged by Home Federal Savings and Loan ' . Association of Grand Island or its authorized agent for deter- mi�ing the creditworthiness of thQ assumer and subsequently re- vising ownership records when an approved transfer is completed. _'-� The amount of this charge shall not exceed the maximum established -. by the UPtarans Ariministratinn for � loan to which section 1817A � � of Chapter 37, Title 38, United States Code applies. - � t. � If i:his obligation is assumed, then the assumer hereby agrees to assume all of the obligations of the veteran under the terms of • , • • the instruments creating and securing the loan, including the �� , �•� obligation af the veteran to indemnify the Ueterans Administration _ to the extent of any claim payment arising from the guaranty or insurance of the indebtedness created by this instrument. ---_. - �� In witness whereof, I'Oortgagors/Grantors have executed this rider this �' � �" � ` Date of SEPTEI�1BER 29 , 9 93. - - , ) � + The title "Secretary of Ueterans Affairs" N � � R W P`� shall be substituted for that of — "Administrator of Ueterans Affairs" each �^ � time that it appears in this document . pursuant to the provisions of Section 2, J D mORROW � " ' Pub. L. No. 100-527, the Department of ' • - : Ueterans Affairs Act. ' ' ; . � �' �� �--- - — �----- - ;.. . ' � � � I,ti� � t � _ _ _ — `