Welcome to the board. I hope you will hang out and correspond with us.
My sources indicate that your rifle may be a commercial Mauser Model 98, manufactured by Fabrique Nationale, which supplied store branded rifles to several chains. I believe (but I am not sure) that FN's model number was 200.
However, FN did not have a factory in West Germany, to the best of my knowledge (the Flemish are kinda funny about Germans, since they have been invaded by them twice in the last century). But they may have sourced barrels from Germany.
So I must ask you to go back and look carefully at the rifle and tell me if you see the marking, "Model 720 A EHM .30-06 Cal." If you do, it is not a Model 98, but rather the Mauser 3000, and the EHM model would have been EHM-770A. The Mauser 3000 was known for accuracy and its good trigger.
Here is a picture of a nice Mauser 3000. Notice the streamlined bolt shroud.
If the K3 scope is in good shape, I might be willing to buy it from you so that you can start saving for the 3x-9x. Send me a PM.