|
,.,,._,.- T.. �. � , �,g�, ' �,..:.,�-�°.;`�-
<br /> �,:�r. '_,���••-
<br /> •i . •Fl..c� °" ' r�:9'.,'"�.."�".. -^
<br /> �;f7�'�'�L•y' ��
<br /> - ---- ' 92— ioss3�
<br /> -- ' RIDL[t TO MORTGAGB/DECD OI= Tl2UST-VA �, .
<br /> .
<br /> �w.:.�
<br /> - — This rlder supplements and amends the mortgage/deed of t�ust of even date herew[th by
<br /> ` _ -- and betwt�en Columbus Federal Savings Bank as mortgage� e� /benef tclary and
<br /> =- _----_==_� ALBERT L lU9KEN AND OEANNA M LUBKEN HiJ�BAN� AND W I FE
<br /> _-= as mortgagors grantors. This rider s Incorporated in an by �
<br /> ---- reference made a pact oi t e aforesald mortgage/deed of trust, as followss
<br /> --- - —:ar"r
<br /> _��-��� Thls loan ls lmmedEately due and payable upon transfer of the property
<br /> ` `��J�w�:� securl�g such loan to any tra�sferee. Unless the acceptabllfty of the - _
<br /> - assumptlon of the loan js establlshed pursuant to Section 1817A of Chapter
<br /> s�=�=���g���� 37� Tltle 38� United States Code.
<br /> — —�
<br /> �6L --`�a A fee.equal io one-halt of 1 percent of the balance oi thls loan as of the �
<br /> --�-�" - ° date of transfer of the property shall be payabfe at the tlme of transfer
<br /> �____ _ __�-� of the propecty to Columbus Federal Savings Bank oc its authorized agent, `
<br /> ����7�� •
<br /> --�-��;�R��� as trustee for the Adminlstrator o# Veterans Atfairs. lf the assumer fails a�:-
<br /> � to pay thls fee at the tlme of transfer, the iee shall constltute an
<br /> �;:;�,,,�;,,. -- additional debt to that already secured by this instrument, shall bear �
<br /> R'°�"f�"'' interest at the rate herein provided, and� at the option of Columbus =
<br /> -:_ ;...z,�
<br /> �j-�°""�TM;��< '.` ' Federal Savings Bank hereby secured or any tru��sferee thereof, shall bc __
<br /> " ��t�?�1�: � fmmedlately due and payable. This [cc is auWmatically waived i! thc =_—
<br /> } � 't;;,_1��;�i �u,r assumer ls exempt under the provisions ot 38 U. S. C. l829(B). __
<br /> ��:,. _� _ _
<br /> . �;, � Upon applicatlon for approval to allow assumptfon oi thls loan, a "�"���
<br /> lA:nS FA --
<br /> �. �1.:..�•.
<br /> : ,, +�,:;�c4�'-a�- processing fee may be charged by Columbus Federal Savings Bank or its
<br /> �=����`�-_ authorjzed agent for determining the creditworthiness of the assumer and
<br /> ,�;F,`����� +-� subsequently �evlsjng ownershlp records when an app�o��ed transfc� is �
<br /> :�''��',;''..�� completed. The amount QI this char�;e shall i�ot �x��eci the m�xi�iiutn _
<br /> � ,.,�,.,.
<br /> establlshed by the Veterans' Administratiun (or a loan to which Sectwn
<br /> ��'��' '�� 1817A of Chapter 37, Title 38, United States Code applies.
<br /> _ , , �{��
<br /> :'^,�Gi%�tin �'•:. � If thls obligatlon is assumed, then the assuinc•n c�reby agrees to assume aU _
<br /> " !j`:4 — —
<br /> . _ . , of the obllgatlons of the Veteran widcr tlic terms of the instruments _
<br /> �±, creating and securing the loan, including th� obl igation o! the Veteran to
<br /> �'�''''�"'"' lndemnlfy the Veterans' Administration w thc rxtcnt of any claim
<br /> ..,.a�,�:.,,�.....,.,.,,
<br /> �- �'�a ' payment arlsjng frorn the guaranty or insurance o( the indebteclness
<br /> ',.;�w:�,`�,:�.'�'►.: "'
<br />_ __ '.,y,�,�,�f.. created by this jnstrument.
<br />:,� ;�.�`�=fi.' '�..., . �
<br /> - � IN WITNESS WHL'REOF, MORTGAGOItS/Gl2ANTOItS HAVG EXECUT�D THIS RIDEI2 �-�;.
<br /> �� �'''""'`°""`"'''` THIS DAY OF �`�
<br /> ' ,,;Y:,.�,,,;,:,.:.... 26th June � 92'
<br /> :�..�:;i+;,ra;:::�;-:-�..
<br /> ;7� .i;:��.� "'a
<br />_,� �; � , �� 'C.�..�''._.rk.�.-��-
<br />=,�. --
<br /> '"� .. � . ,,,.. ALBERT L LUBKEN ' i
<br /> =4- .. .. . ����.--��- - -- --- - --
<br /> � • DEANNA M LUBKEN
<br /> e--
<br /> ` �_'
<br /> ' � ���r
<br /> .. .. �; �` �1.
<br /> S�gr�ed Sealed and Delivered in thc Nresencc ot �-..
<br /> _ _ � .s__,� �. _ _ / 7 1 ll L_ ,
<br /> ` -- --- - L�l� Q� 'P C� � .
<br /> � �GiNERAI IW1AH�•S�lt Ot NeD�ulo �
<br /> ROBERTA L HEEO '
<br /> .. ' �•.�.M�Comm.E�p.July 30.199�
<br /> �
<br /> �
<br /> , • �
<br /> ° �
<br /> • , t
<br /> t
<br /> i
<br />
|