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<br /> VA GUARAN7'EED LAAN AND AS�U1k�PTION POLICY It1DFR
<br /> LOAN NO.10-1072
<br /> NOTICE: T�IS I.OAN IS NOT ASSUMABLE WITHO _
<br /> THE APPROVAI. OF THOE�DZ�D TGErNTT OF VETERANS
<br /> AFFAIRS OR ITS �UTH
<br /> THIS VA OUARAN'�BED LOAN AND e�SSUMPTION POLICY RIDBR is ma�e this 27th day of
<br /> June . 1997 ,and is inc�oiporacod into aad shall be dcemed to amend And supplement the
<br /> M��tEage, Deed of Trust or Dad to Securo R�bt(heroin "SecuritY lnsmuneat")dsted of evea da►te henwith,
<br /> B��ven bry+the uAdersl8n a wyomi g Co l^poPBt���awer s Note to
<br /> Ma�or Mortgage, �,��;�•��I•�
<br /> and covering the Praperry d�scaibod in che Secudty Instcument and located at
<br /> � 1024 E. Phoen9x Avenue,arand Island,NE 68801
<br /> c�m�da�sy
<br /> VA GUARANTEED LOAN COVBNANT: In additlon to the coveaants and �graments made i�► the Securiry
<br /> ��t�gorcowr�r and L,enQer funh�r covenant and agra as follows:
<br /> If the iadtbtedness secured henbY be 8u���or inaurod under Title 38, Unitod States Code, suc6 Tlde az►d
<br /> Regulations iss�al thereunder ana� in er'fcci ou iho�a uc=.-..f shsll vo��rn '!z"*!Shc+; duUes oud liAbilides of
<br /> Botmwer and Lender.Any provisions of the Sxuriry lnstrument ar other insttumeats executed in connxtion with
<br /> said indebtodness wb�ch an �nconsistent with said TiQe or Regulations, including, but not limited to, the
<br /> � provision for payment of any sum iu canaecrioA with prepayment of tha secured lndebtedaas aad tha provisioa
<br /> Insuumeat,arerhereby amended oxyaegated co tho ea�lndc��o eonform uch instcumente o said Tide or
<br /> Regulations.
<br /> LATE CHARCiE: At I.eader's option, Borcower will pxy a"late chuge"not eaceoding four per centum(4%)of
<br /> the avetdne paYmen�Wb�P����a fifteea(15)days after tho duo dace th�crnf to cover the extra expense
<br /> invulved in handliag delittquent payment��but auch "lato chargo' shnll not be payable out of the prooeeds of aay
<br /> �b�����p��a��e���he�nb�y�, nby su�p�s ue sufficient to discharge the eatirc —
<br /> GUARANTY:Should tho Depatrmh►t of Vaeraus Affairs fait or re f u s e to issue i t s g u�r a a ry t n t u 1 1 a a w u n�w'��°
<br /> (,p days fcom[ho dAto that this loan would nurmally bocoma eligible for such g��aru►ty committod upon by the
<br /> Ikp�utment of VetcTaus Affaim uader tho prvvisiona of Title 38 of the U.S. Code "Vaenas Ben�fita. the
<br /> Mortg�ga may daclure tho indebt�n�ss hereby sccund ae once due and paYable and may foreclose immediacety
<br /> or may exercise any other dShts he�eunder or take auy otLer�roPer action as by law provided•
<br /> TRANSNBR OF THE PROPERTY;'t'his loan�y��C����mi�f�e��uon of�thcloaa i�f�blifshal
<br /> properiy securing such loaa to aay uansfera,
<br /> pursuant to Section 371A of Chapter 37,Title 38,Uaital States Code.
<br /> An authoriud uansfer("azsumption') of the property shall also be subjxt to additionel covenants aod agramenis
<br /> as act fotth betow:
<br /> (a)���UMPTION FUNDII�(i FBE: A fee equal to one-half of 1 percent(.5096)of the balance of this loan
<br /> as of tDe date of transfer of the propecty sh�ll be payable at the time of uansfer to the loan hold�r or iu authortzai
<br /> agent,�s trusta for the Department of Veterans Affalrs. If the assumer fails to pay this.fa at tbe cime of transfer.
<br /> the fce sh�ll constitute an additioml debt to that already sccural by this instmment,shall beaz incenst at the race
<br />:i, hercin provided,and.at the opdon of the payee of the indebtedness henby secwtid or any uansferee thereof,sball
<br /> VA(iUARANTEED LOAN AND A6$UMPTION POLICY RIDER
<br />�_ �6358�eaai.o� 1/96 I�������
<br /> VM►MORTOAOE FOHMS•1E001621•72i1!X/�
<br /> Pp�1 012 A(1M 01/ib
<br /> INUW'�{�
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