|
.. .:;<;:f�;�•,�� _
<br /> . , „ .�,: „ _
<br /> , , .
<br /> .,,.,�....... . ........ . :� , . . -
<br /> . ---�-_-
<br /> � -
<br /> .�.tl��,:._.e_,...,,__ _
<br /> 4.____-��-- -
<br /> 9$-� ilr6'�it3
<br /> VA GUARANTE�ll IAAN M1D ASSUMPfION POLICY RIDER .
<br /> _ waiv No.10-140�
<br /> NOTICE: TI�IS .LUAI�i IS NOT ASSUMABLE WITH(��JT
<br /> THE ,APPRQ�'�1►L ()F THE DEPARTMENT OF �ETE��NS
<br /> .�1„FFAIRS OR �TS 1�iJTHORIZED �1►GENT.
<br /> TF115 YA f tTA,RANTF.�A lA.',�.AN�ASSUMI'TION POLICY RIDER is made this 19th d�y of
<br /> Jqn+� , I998 ,rmd is inoorporated into sod sh�ll be dasmd to anwnd and supplement the �
<br /> t Morta�o, [bed of T�uu or Deed to Saure Debt(hercia "SeCUaty Instrunxat') dued of even d�te hettiwith,
<br /> aivrn by t1►a undeniRaxd(herein'Borrower"1 to secure 8omower's NaG to . _
<br /> _i �1a,�cr Morwgage, A Wyoming Corparatian
<br /> � {herein"Lecdsr')
<br /> and cuvoring the Property described in the Security Instmment u�d located u .
<br /> � 1120 N. Grand Island Avenue,Gr�nd Island,NE 68803
<br /> ::�
<br /> crroaRr Addmsy
<br /> -�� VA GU.ARAIVTEFD LUAN COV�NANT: In addition to the oovea�nts and�[�oemenus m�de in the 5ecucity
<br /> t Inunauet►t,B�rrowes and L�ender fun6u covenint u�d a�ree�fol7ows:
<br /> •.,� If the ineiebtt�aea+aecw+ed ha+eby bc swr�nceed or insured uader Tide 38, Uuited Sutca Code, such Tide aad -
<br /> Retu�.�tlqns f�§utd,thereunder ud in ePfax on tbe date henwF shall govern the rigEts. c�tt�e� aad liabilitia of
<br /> ; Borcr,rrvr and:L�ndar.Any provisiau of tbe Security Instrument ar other inatn�mrnts eaxeted in coanoctbn wit6 '`�s,.� : _
<br /> � s�id �t�te4lit�§:;which are inconsuta�t with s�id Titk or Re`ul�tiau. includins. but nut limited ta, the " `
<br /> provision for�uytnent a#any sum i�a oonnectioa with prepaYment of the sxured indebtednass ml t�e p�vi�ioa
<br />� thx tbk Le�w3or may.acalertte p�y�arnt of the secared indebtednssa puru�ant to Covenwt 1T of th�e S�cvritY
<br /> S� IautUaxs�t, �ue heroby�or negued to tbe extent nocessYry :o conform such msuuroeaa to s�id Tiik or
<br />�; Rt;ut�tM�,• � . .
<br />:>,:` ' 1.AT�S C�fiA�tGB:At I.aider's apdon,8arrower will p�y� "tate charge'nc�t exoeedir��[our:per aatuun(4%)of � ,
<br /> % tLie ovett�ue p e�rqai piid uin�e than fiftaen(15)d�Ys uft�r:�he due datn thereoF to;�?ver;ibe extn��e • .,
<br /> involvod.,�n'� ing.dalinqueat p�Vmeifts.but such"lue chatge"eP?:tll noi.bq��!ayatde out of ttk proceeds of any
<br /> s�le md4�.to sacisfy the indebtodna.s det�urod hereby unless sut�prooeeda ac�t sufficieat to dix�harge the enfin
<br /> indebtedncsa�ad�Il proper coats�nit caipenxs secured hereby.
<br /> GUARA�TX:Shonld the Depatment of Veteruu Affairs faii or rcfuse to isaue itx�wa�aiy i��fu11�nt,ouat wr�thic
<br /> % � fA dayt.i'mm the d�te that this low woWd norm�lly bxome eligible for such�uu�oty.Cpmibittad�qion b� tbe
<br /> m
<br /> � oi Veuerans AfFiin unda tLe provi,tions of Title 38 of tbe U.S. Cadr "�eieixu Be�nGfita, the - �
<br /> Mortg�ee miy declan the indebtodness txnby secv�+ed�t ooce due�od payabk aod dw►y foe+ec3we immeiifotaly
<br /> or anay exa�ci�e auy other ri jhu hereunder or t�1ce azry other praner acxion as by I�w p�pviddd:
<br />;�s;�, 'i'AANST'ER OF THE PROPEiR7Y:'Y'hu la�a ca�y be cl�eclsn;d immediuely due wd.ypy�bt�upon a�sfa oF Rbe . �:;.�
<br />:•�`•i qopetty.s�tttria�such lam to aay trnnafera,twlas tbe�ooeptability of the atwa�rtiba q�'tt�t 1�aa is at�blicbed .
<br /> pu�swdt to Soction 3714 of G'hapter 37.Tirle 3�,Uaitod Stues Code. , ' ,�• ::;�, �'
<br /> M wthorir,ed transter('�ssumption")of the property slull also be subjax to�lzion�l cove+asaa xid�roa¢aus
<br /> as�ti fuKtb bek+w:
<br />•��. (a)�4SSUMt+'I'(ON FUNDING FEE:A fee equa!to one-half of 1 peraat�.5076)of tho b�l�ooe ot'chis loem .
<br /> •�, a�of the�ciate of tre�fer of tb�property slull De payable u the timc of uansfa to the•to�m bolder or its s�uthorixed •
<br /> �+ ajau.iv�nuta for tbe De}wtmcnt of Veta�as Atfe�rs.If[!�e aswmer fLl:tu p�y this fee ai the time of tts�ufer, .
<br /> . � the fa sA�11 000sclroce�n additiowl debc co thst ai�eady secured by chis i,utiva�oer�c.st►�11 bait iraaesc�c cix rau �
<br /> haein ppovidod.aad.at tbe option of tde p�ycc of the indebtednesa henby svcut+Did'ar my traa~fera thereaf;thall
<br /> '�; VA AUA#tANT�D LOAN AMD ASSUMrTK1N rOIICY IqDER ' '
<br /> �Rt�i itiou.o� 11l6 .
<br /> vw�tW0E�t11tN1S•IOOCN 2ft �������� .
<br /> ' yp i�H 2 M1Y W jP6' I��.....�� ...
<br /> ���
<br /> �� •
<br />
|