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<br /> 9$- �'�OS14U -
<br /> VA GUARANTEED LUAN AND A5SUMPTION FOLICY RIUER
<br /> LoAN NO.10-1321
<br /> NOTICE: THIS LOAN IS NOT ASSUMABLE WITHOUT
<br /> AFFAIRS OR ITS AUTHORDZED AGENTT OF VETERANS
<br /> THIS VA(iUARAN'1�CU n.�i+i•i r'.i.D l,�Jl.°:':CN oULrrv R�nEa is mt!�!e!h+_s 28th dny of
<br /> Mdy , 1998 ,�nd is incorporatal into�nd ahall be damed co amend and supPlamenc the
<br /> Mortg�gc, Dead of Tiust or Deed to 5ecure Debt (henin "Socurity Instrument") datod of even date herewith,
<br /> given by the�ndereignod(harcia "Borrower")to secure Borrower's Note to
<br /> Ha,�nr Mortgage, A Wyaning Corporation
<br /> (herein'I,eader')
<br /> an�l covering the Property descdbod in the Sa:urity Instrument end lacatod at
<br /> 1025 N. SAeridan,Grand Islar�d,NE 68803
<br /> (Propeny AARtas)
<br /> YA G1IARANTE�D LOAN COVENANT: ll�n addition to the coven�nts �u�d agreemcats made in the Secudry
<br /> Insttument,Bomnwer md I..eader further coveruic►t aad agcee as followa:
<br /> If the indeM�aecumd hec�by be guu+u�tad or insurod under Title 38, United Stues Code, such Title uid
<br /> Regulations luued thereunder wd in effact on tlre due hereof sh�tll govem the rights, dutlea md liibilltles of
<br />-- Patm::�er sad I._x��t'.�►�y�mvisinn�of�ha Securitv Inswmeut or other instruments executed in connxtlon v►nth
<br /> said lndebtcdnesa which are Inconsistenc with said Tit1e or Regnluton�, including, buc not iimiced �o. tne
<br /> , pcovision for p�t of u�y�um in conneaa�on with PrepaYment of the secured indebt�dness�od tho Provision
<br /> � th�t the Lender nv�y �coelenue payment of xhe secuc+od indebtedneu pursuant ro Covw�►t 17 of the Securiry
<br /> .:; �.__..... a.w �.�.r..«t i.�rh� e�tent n�x.�nrv tn ccwra£ornt such lnsttumenp to e�id Tltle Ot
<br /> iuiuuuic+ii. 'a'c u.nw� w;.�..uw --e----
<br /> .� IZ,CgU'18ElOIIS.
<br /> LATi�CHARGB:At I.ender's option,Borrower will�ev a"lato charge"nat exoeodiag four per cencum(49G)of
<br /> ,� the ovecdue p�yiuent when paid more than fiftaa(IS)days after[he due clate thaoof to cover the eatri expenee
<br /> - iavolved in handlin�delinqueat pnyments,but such'late chuge"shall no1 be payable out of tho pmeoeds of�ay
<br /> ���, s�le made to sati�fy the indebtedness socured hereby, uNess such proceecls are sufficient to diach�ugo the eadre
<br /> •M indebtednesa�nd ell proper costs�nd expenses secund hereby.
<br /> •j (#UARANTY:5hould the Deputment of Veteruu Affains faii or nfux to issue its gvarAnry in tull+�►w�sn witbin
<br /> .� 60 day� from tbe d�to that this loan would noraially bocome eNgible for such gunraaty comm�ttod uPon by the
<br /> . Deputment of Veter� Aff�rs under the proviaions of Title 38 of the U.S. Code "Vetertca Ba�efita�" tde
<br /> '' Mortg�ga m�y declace the indebtedness hcreby securod u once due and ptysble and tn�y foreclose imiuodietely
<br /> or miy exerelse smy otl�eer rig6ta hereunder or t�ice any othe�r praper action aa by l�w provided.
<br /> 'PRANSFER OF THE PROPERTY: Thid lo�n may be decland imnndiacely due md piyable upon tr�osfa of the
<br /> � proppty securing such loan to any trnasferee.unle�s the acccptability of the assumptlon of the lo�ia establtshod
<br /> pursuw�t to Sactioa 3714 of Chnpter 37,'Title 38,United Statcs CodG.
<br /> An authorized[ransfer("assumption")of the property shall also be sut►Ject to addltion�l covenants and aSreements
<br /> a�set forth below:
<br /> ' (a)e,tSUMPTION FjJNpINCi FEE:A fx equal to one-half of 1 peraat(.50%)of the bal�noe of this lo�n
<br /> � xs of the date of truisfer of tAe propercy shall bc pay�bie at[he time of transfer to the loui holder or its author�ZOd
<br /> • agent,as truata for the Dep�nment of Veterans Aff�irs. If the assumer falls to pay this fa at the time of ttansfer,
<br /> the fa shall canstimte on addldonat debt to thu aln�dy socural by thls inatiumeat, shall bear iaterest at the rue
<br /> hercin provided.and.at the option of the pAyee of the indebtedness hercby secured or any transferce thenof,sh�ll
<br /> 1 VA OUARANTEED LOAN AND ASSUMlTN)N P('LICY RI�ER
<br /> � �53a8 t�ea�.o� 1�
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