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<br /> RIU�R TO MORTGAGE/DECG 47r TliUS�'-VA
<br /> �-_--__ - - - ' Ti►is ��tder supp(ei�eiits and emends the ri►ortgege/decd at trust oi even datc here�vftN by � -
<br /> and between Columbua Federa! Savings t3anlc as nrort�u�ac/benciiclary and
<br /> - MIGH�BL N1�Y_HB tiRERORY. �NA d�
<br /> _ — a� moctg�p,ors grantors. 1' �s ri er s ncorporutc n un y
<br /> �` refer�nce ma e a part o tTie aio�esaid mortgagr/dced oI t�ust, as tollowss
<br /> ° This Ioan Is lmmedlately due and payable upon transfer of the property _
<br /> -- s�curing such loan to any trans[eree. Unless tl�e ucceptability oi the
<br /> -"' as�umptfon of the loan Is establtshed pursuant to Sectiu�� 1817A oi Cl�apter
<br />�. 37, Tttle 38, United States Code. �
<br /> �� � A fee equal to one-half of I p�rcent ot thc balu��cc uI this laran us of thc �
<br /> date �of trans#er oi the property shall be payable at thc time of trans#er `
<br /> of the property to Columbus Federal Savings Danl< or Its suthorized agent, �=
<br /> as trustee for the Adminlstrator of Veterans nfiatrs. li the assumer fails �
<br /> � to pay thls fee at the time oi transier� thc tee shall constltute an �1.`
<br /> additlonal debt to that already secured by thts instrument, shall bear �,.�.
<br /> Interest at the cate hereln provlded� and, at the option of Columbus �°��-
<br /> Federa! Savings Bank hereby secured or uny t�ans[eree thereot� shall be �±�•.
<br /> lmmedlately due and payable. Tliis fee is automatically walved if the
<br /> assumer Is exempt under the provislons oi 38 U. S. C. 1829(Ii). f�`'-�
<br /> � � �'
<br /> �� _ _ __t. h��"`, ��•.�� Upon appllcation for approval to allo�v assu�nption ot this loan� a 4'=•
<br /> - ^�'�� processIn� fee may be charged by Columbus federal Savings Bank or its :
<br /> ��`"�'',. �,;:
<br /> �l�y t authoriz�d ageni for determintng the credihvarthh�ess oi the assumer and ;«.�
<br /> " �,,��:,�'j�r subsequentty revlsIng ownershlp records when un upproved transicr is ,;�;�r
<br /> ' "`�''`.���' ° completed. The amowit ot this charge shall not e�cceed the maxlmwn �z'.:;
<br /> z� r�'�� • ��� establtshed by the Vet�rans' Eldnefnjstration ior a loan to whtch Sectlon �'�
<br /> d•.�. a r�Li �
<br /> _ �i!:}:,,�M� �� .
<br /> . , � z:.��;s�'"� 1817A oi Chapter 37, Title 38, United States Cade upplics. t,
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<br />--� '' w`"'�' If thls obt[gatlon Is assumed, then �I1C i1551�i11(•i' I1CCCby Qij�fCCS LO EtSSUtIIC aII �"���
<br /> :�:. t:,,
<br /> ° of the obllgatlons of the Veteran undcr the ter�ns ot thc jnstrutncnts
<br />-_:� � ' '�'� creating and securing the loati, inr.ludit�� thc� obii�;utiun o[ the Veteran to '
<br /> -�� indemnify the Veterans' Administration to thc rxtcnt ut uny clais��
<br /> '� payment arlsing irom the guuranty or insuranco v f thc indebtednrss
<br />- „ �, c�eated by thts Instrument.
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<br /> = ;,. ��V WtTNESS WHEREOF, MORTGAGO[tS/GItANl'UttS 11/1Vl: CXCCUTCD TH1S l21bC1:
<br /> -.�� ' "�"'.,:�•'w,�`- ' T'HI$ Sth DAY OF July � ��4 •
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<br /> �=�'' � MICH1lEL WAYHE (i GORY
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<br /> .�=+,�py,.:.i;';����K DBBRA MAE GRE(30RY
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<br /> �''�`�`° . �; .� 5 Sealed and Dell ered i� the Presence oi �
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<br /> ; � •�'�,;�'•; ::�.y i�_'`.� GEnEPJII I;OiAOY-StaL101 II;:�tatka '
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<br /> f .�.+.1�:��. ,�` ;="� ;: `4� RO�ER7A L REEO i„
<br /> � , % )�`,.: ' {y' ' � �, '�x L1rCamm Exp Juiv'iU.1994
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