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��`� Loan No: 60188302 Borrower: PAUL D. ROBERTS Data ID: 523 ASSUMABILITY POLICY RIDER VA Case No. 34-346-0188302 THIS ASSUMABILITY POLICY RIDER is made on this Sth day of April, 2012, and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, Security Deed or other such security instrument (the "Security Insuument") of the same date given by the undersigned (the "Borrower") to secure Bonower's Note(s) (the "Note") to EMERY FEDERAL CREDIT UNION (the "Lender") of the same date and covering the property described in the Security Instrument (the "Properry") and located at: 632 SWAN LANE GRAND ISLAND, NEBRASKA 68801 In addition to the covenants and agreements made in the Security Instrument, Bonower further covenants and agrees as follows: 1. Acceleration. The Note may, at the option of the Lender or the holder of the Note or its authorized agent (collectively, the "Note Holder"), become immediately due and payable upon transfer of the Property to any transferee, unless the acceptability of the assumption of the Note obligation is established pursuant to Section 3714 of Chapter 37, Title 38, United States Code. 2 Fnnding Fee. A fee equal to one-half of one percent (0.5°l0) of the balance of the Note as of the date of uansfer of the Property shall be payable to the Note Holder, as trustee for the Department of Veterans Affairs. If the assuming transferee fails to pay this fee at the time of transfer, the fee shall constitute an additional debt to that already secured by the Security Instrument, shall bear interest at the rate provided in the Note, and, at the option of the Note Holder, shall be immediately due and payable. This fee is automatically waived if the assuming transferee is �empt under Section 3729(c) of Chapter 37, Title 38, United States Code. 3. Processing Charge. Upon application for approval to allow assumption of the Note obligation, a processing fee may be charged by the Note Holder for determining the creditworthiness of the assuming transferee and subsequently revising the Note Holder's ownership records when an approved transfer of the Property is completed. The amount of this charge shall not exceed the maximum established by the Department of Veterans Affairs for a loan to which Section 3714 of Chapter 37, Title 38, United States Code, applies. 4. Indemnity Liab�7ity. If the Note obligation is assumed, the assuming transferee shall agree to assume all of the obligations of the Bonower under the terms of the Note, the Security Instrument and any other instruments creating or securing the Note, including the obligation of the Veteran to indemnify the Department of Veterans Affairs to the extent of any claim payment arising from the guaranty or insurance of the indebtedness created or evidenced by the Note or Security Instrument ASSUMABILITY POLICY RIDER Page 1 of 2