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<br /> � , Rider to Mortqeqa/Deed of Trust-UA - __
<br /> . �. .
<br /> " �' � ' , This rider supplements and amenda the fMrtgage/Oeed of Trust of even date here- F'a'."�z�:�Q;�--=___
<br /> ,.. .,�.
<br /> with by and between Home Federal Savings and Loan Association of Grand Island as �:�_-- ��-•����-^
<br /> � . Mortgaya/Bc�rx3Ficiery and Ri�ky A. Gay ----••--------- and
<br /> . . _ _ --- ' � �Y R. (�ay ��---------__-, husband and �:ife. �d----�-_�--_�--_°-°—------° F=.--�,- —=-1=—
<br /> . . � • . - - -. —_
<br /> � a0p�}p�ppOm( as P1ortgagors/Grantors� and this rider is incorporated i� and by � � �
<br /> referonce made e part of thQ aforesaid fAortqafle/Oeed of Trust, as folloWSS k�„•,-�-- _
<br /> �'""`__-—
<br /> This lnan is inmediately due and payable upon tra�sfer of the ,�-,�,��'�"�
<br /> � property securfng such loan to any transferee. Unless the ��
<br /> �`� -- .- . .,
<br /> __ . —. _ acce tebility oi i.i�a a9su � _�� . _ .,.
<br /> p mpiion or the loen fs established pur-
<br /> suant to section 1A1?A of Chapter 37, Title 39, United Stetes °.��_.__,
<br /> Code. �::- . - � . _ ��,�;.
<br /> �
<br /> . A fee equal to une-half of 1 percent of the balence of this loen � -��1�m, .
<br /> • � � as of the date of trensfer of the property shall de payable at { .�f�_:
<br /> the time af transfer to Home Federal Savings and Loa� Association � '�t`,�
<br /> ' ' of Grand Island or its authorized �gent. As trustee for th� E ! �. -i�'`-�-
<br /> , . Admi�istrator of Veterans Affairs. If the assumer fails to pay � '���:3R
<br /> � this fee at the time of transfer, the fee shall constitute an � � -
<br /> • • additianal debt to that already secured by this instrument, shall -�r• ••: �"'
<br /> �" bear interest at the rate herein provided, and, at the option of � i ��.r� `` a-�_
<br /> '��� -
<br /> . Home Federal Savings and Loan Association of r,rand Island hereby f ��,�
<br /> ' . ' secured or any transferee thereof, shall be imnediately due and ! � . -
<br /> . ';;;� payable. This fee is automatically waived if the essumer fs exempt �•'�'•i�,:�-��°�
<br /> . : undez the provisions of 36 U.S.C. 1929(B). f :�.°�;;�:.��,'�
<br /> ,, ..,:.'� ' f �� . � '�'�'. _.
<br /> � Upon application for approval to allow assumption o.° this loan�
<br /> _ ,;,�..��. �
<br /> ,_._ -._.. - —
<br /> "n���.����':-'-...- ; a processing :fee may be charged by Home Federal Savings and Loan �.;,�. : ;,.,� -= 'i`
<br /> ���,• � . ' "' Association of Grand Island or its authorized agent for deter- ;���: ".': ��
<br /> ����' ' '`'� ��' ` mining the creditworthiness of the assumer and subsequently re- � � " �,,•�M,��,--,
<br />_ '�:`� ' . vising ownership records when a� approved transfer is completed. � �'�
<br /> '��'•. � The amount of this charge shall not exceed the maximum established -
<br /> , ' by the Veterans Administration for a loan to whiCh section 1917A � �
<br /> . of Chepter 37, Title 36, United States Code applies. ' =�.
<br /> . . '.t's .7-
<br /> . • .• If this obligation is assumed� then the assumer hereby agrees to A
<br /> assume all of the obligations of the veteran under the terms of � :
<br /> , � the instruments creating and securing the loan� including the
<br /> obligation of the veteran ta indemnify the Veterans Arininistration
<br /> . to the extent of any cleim payment arising from the guaranty or C -:�;s��.
<br /> " insurance of the indebtedness created by this instrument. 1 •`.'":^
<br /> �.�. .
<br /> In wf tness whereof P'lort i '�'�.°^�
<br /> r gegors/Grantors have executed this rider this i ;{�,
<br /> ." � 22nd Date of May , 19 92. ,
<br /> e Q .
<br /> `.' ° The title "Secretary of Ueterans Affairs" g� A� �y� _._-
<br /> ' shall be substituted for that of �
<br /> � �'Administretor of Ueterans Affairs" each � '
<br /> time that it eppears in this doaument p �Y
<br /> _ __ pursuent to the pravisions nf SP�ti�n z, .
<br />— Pub. L. No. 100-527, the Department of
<br /> Ueterens Affairs Act. �
<br /> •s
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