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<br /> ' � . . � , RIDER TO IYIORTGACEIDELD OF�TRUST-YA � : = < . .
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<br /> --` -- --rn� ���.�lecnent�..and amends the.mcrtgage�deed o#�trust-af even d�te herewith by
<br /> .- - - - . -
<br /> . -arid�efween Calortibus Eederat 5avings Bank as tnortgagee/b�r�efi�aeyr and _ -- -. - _
<br /> , - , mo gagors gran urs. is ri er is Incorporated i� anc! by.
<br /> _— refecence a part of the aforesaid mortgage/deed of trust, as follows:
<br /> Tius toan is Immediately due and payable upon transfer of the property
<br /> - -... - - .
<br /> securing suc'� loan t� any transferee. Unfess the-aceeptability�af the .. . . :,-
<br /> assumption of the loan i�established pursuant ta Section 1817A of Chapter
<br /> 37, T'rtle 38, United States Code.
<br />-- ; � A fee equal ta oae-haif of 1 pereeat of the bata�:�re of this Man as of the , ,:< �
<br /> •._:� date of #ransfer c�,tt�►e property sha,iT iie payab��;�ak�che��ime of transfe� •�,' -
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<br /> . � �. of. the pcoger�`::�s�olumbus�ede«�.��,��s ��.�s�r its a�t�ktY�*,ize� agent* .
<br /> � , as tr#�S� �cc t�e Fi3mittk�Qr of �J�e�2��'����:.-�`s:.:If�tT�e a�.--ga�s��ts y�
<br /> to pag �us fe� , • r.�fer *�� `t�'sF�adF to:�stctr��e�.�.n..:
<br /> a� �ie ��. o# ira �. �: ,
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<br /> ��;;.�..::� +tia. ;i�iat �ir�eady secai�'e�.by 2C��;:-�zrei,-me1i4�s�aa� �ax'�, ' }
<br /> ,� -- ' � �interest�.�t the iz�te`' hecein provide� .��nd, at ��:e,:�p�na�'�o� �Ccic�s�(�us �
<br /> � � �`,_,�'�dea�a�: 5avings�.�aiik hereby secured or an� tra�t.af�ree,:t��zc�[,:shatE;bc � , �
<br /> imme�iately due-and payable. This 'fee is aufamati�atly uraived.i�:•�lfir
<br /> _ assumer is exempt�under the provisions af 38 U. S. C. 1829(B).
<br /> ` Upon appllcation , ior approval� to allow assumption oi. this,: toan, a
<br /> processing fee may be chargeci by Columbus rederal 5aving�:,Bank or its
<br /> authorized agent for determining the creditworthiness of the assumer and
<br /> subsequentty revising ownership records �vhei� an approved transfer is
<br /> � _ completed. The amount of this,charYe shall rtot excced the maximun��
<br /> establtshed by the Yeterans' Administration tor a luan to whi�h Section
<br /> . 1817A of Chapter 37, 7itle 38, United States.Cactc applies.
<br /> �.
<br /> �'; If thls obllgatton is assumed; then the ussumrn c�reby agrees to assurnc all �`_
<br /> . . of the obligations of the Veteran under thc tcrms of the instruments �_
<br />- � creating and �securing the loan, including thc ubligation of the Veter�n to f
<br /> IndemNf .� the Yeterans' Administration: to t P�e e x t r n t o� a n y c l a i r i� ��=---
<br /> '� paymenLy arisln� irom the guaranty or insurance of the indebtedness �r'
<br /> ° � cc�ated by thls inst�ument. . ��.'�
<br /> . . �'' ,_
<br /> IN WITNESS WHEREOF, MORPc�Au;�S/Gl2ANTOKS 'H9VC�-2EXECUTED THiS 1Z10E1t �
<br /> - THIS 7tb DAY OF .
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<br /> . CO1111IE L BllKER � .
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