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<br /> ' : ' � RIDER�T�MORTGAGE/DEED OT-TRUS7=VA � � �
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<br /> � . This rider supplements and amends the marigageldeed oi trust of even daie hereurith by � � _—
<br /> - � . � and between Columbus`Federal Savings.8ariic as mortgagee/beneiiciary and - .- _--------
<br /> .--— —�..� JOSEPH ,. . °—�°-—
<br /> - -- --;:.�>�s � as mo�t�agors grantors. 'fhis rider is incorporated in ar�d by � ��=
<br />- s r.eference made a art,of the aforesaid mort a e/deed of trust, as follows: `1�"� — _
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<br /> ' .Thi�.-�o�=�`i� immediately d:�_:a�d,pa�abte upon ttansfer of the prbp��+::'.' :. �- _--_
<br /> , ,+� :� s�c�i��;..'sv,r]t,imaae �ta_a�y tsa:�sferee. �Iriless the acceptabilit� �:3�a ��'� — -
<br /> `_`- '��'` � y. ry7� "establs'�he�S�urs�n� to Section 18L7� o��€�a�ter .. � _ _
<br /> .1 •�5l �gsiQ�Q3 i3i����Q�.��3. _ : _ . . • , . . . ` � 4 _�V --..
<br /> �`. i'�_� - �7�, T;�Ie 38,.Unated-S�ates C�¢T�:. �_ - . . ' _ < . � -- - _
<br /> - fr. ..'�'� lr�aF. _ . _ -t _ _ . . ...iE i?`t*f✓�.
<br />-[ - .'n, '�� . - . - - . . . .. . . . ' ,.. __ -- _
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<br /> ,4, �,{,„.. ,, ;�. A'fee equ�! t� �ne--3ta1#..of..�''.�percent'o€ the��balancetof:•.ihis fo3�t as�of tfie. ' �.���f ��a�s_�
<br /> �; f � ��. date�o�,�ansfer�m� �e.p�o�.rty:s�xall be Qayabte :at the time of trans�er+ : ,��..�
<br />. s. �4. . �t a c ' '����t�.:r4 .-
<br /> :j "'"�� ;.; :� �, of the pzapecty to Columbus"Federa! Savings Bank�or its authorized agent�,
<br /> ��}€�*'�.'�=�"- as truste� for the Adminlstraaoc of Vetecans Affairs. If the assumer fatls: �� �
<br /> ����..�ra� .- -
<br />` :>s-.,��-_��_�:_.- :_ to pay this fee at the time of transfer, the fee shall constitute ae�= � .. `�_ . -_
<br /> . ' ��::=:�� ��-'r�=-` � 'addltional debt to. that already secured by thls instrument, shall. bear;
<br /> �, � � interest at the rate herein provided, and, at the option of Columbus� , :r._
<br /> ,._� .-��; _ � , _ , , F,ederai S_avings Bank hereby secured or any tronsterec thereoi, shall be ___'_���-'-
<br /> . '� Immedlately due and payable. 'Pfiis fec is automaticatty waived if thn . ��_
<br /> . assumer is exempt under the provisions of 3S U. S. C. 1829(BI. ,.
<br /> , ' �=-.
<br /> . , , � Upon applicatlon for approval to altow assumption oi this loa�,, a � � ��. '�,� �
<br /> ,. :� � processing fee may be chacged by Colum6us Federal Savings Bank or� its •�' �
<br /> ' authorized agent for determining the creditworthiness of the assumer�a�d ��:r�
<br /> , '; � � • subsequently revising ownership records when an approved teanster� is . �"`���_
<br /> • . . completed. The amount of this charge shaU nat exceed the maxicnurn . . ' �. `'-"�_
<br /> � ' . _ � , established by the Veterans' Administration !or a ioan to which Sectlon � +� �
<br /> 1817A of Chapter 37, Title 38, United States Code applies. `'«���=
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<br /> � If this obligation is assumed, then the assurner here6y agrees to.assume all � ,
<br /> � � . , ; of the obligations of the Veteran under thc tcrms oi the instruments � .
<br /> • , creating and securi�g the�loan, including tlie obligation oi the Veteran ta k �' `
<br /> � - � indemnify .the Veterans' 'Administration to the extent of any claim t� � __
<br /> . ' � papmen� arising irom the guaranty or insurance oi the iqdebtedness . __
<br /> - `-�` � created by this instrument. • . .
<br /> � ' IN WITNESS WHEREOF, MORTGAGORS/GliItNTOfts IIAVC �XECUTED TFi1S 12iDEi2 � � '
<br /> , � .. THIS 24th DAY OF Fe�Q�:arY , 19 92. . '
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<br /> •, '" � . � "' � _._ .�---- ,
<br /> . , _ �-� �_ � :
<br /> • • JOSEPH E MCOERMOTT
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<br /> � � � .�_ �'��� _ __-- ; .
<br /> . , . � � �
<br /> " . BEVF.RLY L MCDERMOTT �
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<br />. � '. � Slgned Sealed and Delivrrrd in thr t'rrycnrc uf , ; � �
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<br /> , ' �i 6ENEAlIt A01ARIf Sli�N 11M3�i
<br /> . � ' . ' ; � ROBEHTAl..lIEEO � • . .
<br /> _... _.:- _.'-._� .:..-_- •� ...:i �MCoe+�6C.1�Af�30.199r . .
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