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<br /> _-JZ x,���.�� ,.� • RtDEt� YC3 MORYGAGE/DI�D QF TltUST-VA �,(}C�°.�.F� ' . ' :
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<br /> �::Tv� .��f ..,, ; - . This �ider su�plements and amends�the rmbrtgage/deec! of trust oi erren date heret�oth 6p .
<br /> ���` • `� �� � ' - and between Colurr�bas �ederat S�vi�gs [ianlc as mv�tgagee/benef[ciary'and •
<br />==}� °� DAVID P RIL�Y AND MARIAN.RILEY HttSBAND AND WIFE ' � �
<br /> , . ' as mortgagors grantors. This rjder is n�arporatc �n a i�r by� �
<br /> '� ` -_ �-,. . ' .
<br /> ' " �efeeence ma e a part og 4 e afa�e�aic! �F�aga������ et trust,�s tollow,ss �
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<br /> ,'� �` � � �Thls Ioan Is immedlate{y due and payable upon transier ot Uie prvps�ty . . �
<br />�`� ` ��c�� � , F • � seruring such toas� to a�y t�ansiecee. Unl�ss the acceptabitity vi.the .
<br /> -����• • � ; � f�� �• �ssumptton of the 1+oan is esta5ltsiied pursua�it to Section I81?1l of Cltapter :
<br />-�:_=�'• ' � 37, TIt1e�38, United States Code. , � —
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<br />. �� ' �� • A fee equal to ot►e-half�of l percent ot the balan�e o[ this ldan as ot thc
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<br /> ,,�, . , date of transfer nf the property shall be payabie at the time ot trar�sfer
<br /> � � of the propertj� to Columbus Federal Savings Bank or'its authurized agent,
<br />'�'�� � as trustee for tlte Administrator oi Veterans Aitairs. tt the assumer fails
<br /> `� ' � . . ` ° . to pay this fee.at the, time oi transier, the fee shal!�constitute an
<br />,��; .;�.�� � ' additional �debt to that already secured by thjs instrument, sha!! bear . . .
<br /> - --„� ;.,-.: �� � • • ' and, at the o tion o� Columbus
<br /> . • . _..._. . .__. . . interest at the rate he�etn provsde�, P , ,, . �
<br /> -� . � Federal�Savings Bani� he�etiy""secured nr any transferee�ti�ereoi;:shall-be .
<br /> ..�;�4 . immedIately due and payable. This iee is automatically waiv�d� i! thQ
<br /> . . � � assumer.ls exempt under the provtsyons oi 38 U. 5. C. 1829(B?. � � �
<br /> ' � . ,� � : U��n appltcation for approval- to allow assurnption_.oi ,this _Ioan, a � . ,
<br /> � . � processIng fee may b� cP�arged 6y Cokurttaus federal Savings I3anlc or its '
<br /> . � .� � authorIzed agent for det��mi�ing the credit�vortl�iness oi• tite assuine� anil
<br /> . • � - � subsequently revjsing ownership recorJs �vhen an _approved trans(cr is .
<br /> : � completed. The amount of tL�is citargc shall not exceed tlie �naximu�n
<br /> � ' e�abllshed by the Veterans' Administration for a loan to which Section�
<br /> " � . � ,n;:'; ➢.���A of Chapter 37, Tetle 38, United Staee� Cade appltes: . �
<br /> ....:, . ,
<br /> � � If thls oDligatIon is assumed, then the assumrn c�reby a�rces to assumc aU - --
<br /> . �'`_,,, of the obligatIons of the Veteran undcr tiic tcrms of the inst�wteents -�
<br /> , .,� � ;,.;�,:r` c.���iing and securing the loan, including tEer obli�;.itiun ot the Veter.in to , �-.�`_ _�
<br /> • c�rr�mnlfy the Veterans' Adminisl�ation to Uie cxlent u[ :�ny c'lain►
<br />. � � . Qayment, arising irom the guaranty or insurancc uf thc i�zr�btedncss , _`
<br /> , � created by this instrument. _
<br /> •� .r � , THIS t1UGt" `-''`�
<br /> � -„-� � IN WiTtLti�SS WHEREOF, r.tORTGAGORS/GI2A��'0125 tIAVL• CXCC4s�'CQ � �. .' _
<br /> ,. ' � 'fHIS 16th DAY �� November , I9 94. � - �;°�._
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