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<br /> ,� .�, ,°.� waNNO.10-1480 .
<br /> '��,�4` �.` .,., � �1�TTCE. '1'I�IS I,O� IS I�10T A�SUMABLE 'V�I'TIIOUT y::��:
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<br /> � �-` �� ��'�°-' THE APPROVAL �� THE I)EPARTMEI�TT OF VET'E�RANS
<br /> " - F � AFFAII�S OR IT5 AUTIIORIZED AGENT. �:�'�:r:
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<br /> �.;... `�� : . TH[S VA GUA�RANTEED LOAN AND ASSUMPfION FOLICY RIDER is made this �.2St day Of " �~
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<br /> . �- August , 1998 ,aud�s incorpoiated imo and sball be deemecE tu amead a�,�Ie�nt the
<br /> ' - ` r��� Mortgage, D�of Tcnst or Bead on� �.I�st(heceIn "Se�i.tl' Instcum�t°1 dare�af�=�lilii�hesewith, ..
<br /> ' � g�v�r..bp ti�euu�g¢ed(he�eia"�em��uit4aa:�ar�Saaawet's Nute tn : �� � : F
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<br /> � 2007 W. Louise Street,Grand Island ,NE 68803 :��`-=
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<br /> �, ��:'A��; VA QUAdWNTEED LOAN COVENANT: In additioa to the covenants and agre�ments made W[tie Secudty .
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<br /> � � instrumeat►Bosa�wer and l.end�r fucther ooveaane and agree a4[oltowa:
<br /> - . •�`;�,I ,. If the�indebtedacss 4ecured dereby be guara:►toed or insured under Titte 38. Ur�ted States Code,sucb Tiile and .
<br /> � � RcgWatton+issucA thereunder and in effect oa the date Hercaf eAalt govem the righra.duties and liabilitiss of
<br /> _ . �omawet and I.ender.My pmvislons of the Securiry[nstmment ai a�her insunments execute0 in ootme�tfan witl� � -
<br /> ' eaid indebteAaess w�►ich are inwnsistent with euid Tittc or Re�ulations. iitcttWing, but aot limfte4 to. t�e
<br /> : ' . :.,:.7�;; � provlston for p�ymeitt oi any ewn in conn�tion with prepaymcnt of the secwed tpdebtedness and ttie proviston
<br /> �� that �he l�ender may accelerate payment of the secureA indebte�ness purauaut to;Coveaant 17 of!he 5ecuriry
<br /> . ' '';.�_; instrumeni.are hereby atttended or negatod to the eatent aecessary ta oonform sucb iagtnuneAts tu said TiQe or .
<br />' ;.^ . ..... `�:�. . . Regulations.� . . . -.
<br />.��.,.:;.;�,,, . n';. r, LATE CHARCiE:At Lender's aptton.Bosmwer a�iU pay a 9ate charge'not exoeeding four per centum(495)of ��'�:;..
<br /> ` ` � � �te o�erdue payment when paid more than fifteeu(1�days afcer We due date thereof to oovu the exaa expense + �'
<br /> :, ,r;: .,..:,:t;.:;.,;�: imolved in handlmg delinquent paymen[s,buc sacb°late cLarge•shall aot be payabte out a€the proceeds of aay ,.�,,;,
<br /> , �; { �;:; . sale made to satisfy We indebtedness s�hereby, untess such prnceeds are suffciem to d�arge ihe endre a -
<br /> ,s+; . iadebtedaesa and all ptoger�osts aad��d Iteteby. ���,;. ` . . ��i.
<br /> ; ' j� (3UARANTY:Should�&e deparcmena mf�t'etacaus AfFai�s fail or r�fiue to issue its�uatanty Em f�it ar,�a�vsi��, �:
<br /> ;,, � ,,,;- 60 days froa►the daze[�at tbis Iaaa waaid IIarmaIIy become eliglble for sas8 gu�anry cancmi�:n�ia�Is�l��iie
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<br /> . . .,;;:: :;�i: Deputment of Veterans Atfairs ��r the provisio�s of�tle 38 of the U.S. �de `F/e�!�, �r� �rtr^•
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<br /> ..:.��� ,{�,;y. Mortgagee may declare tIte iadehtedaess t�embp socared at once due�d paya6ie aad�ay�,nm�tiatet3► � s_
<br /> c r:�.'��'.�';; or may eaercise any ot�er aigt�s Itereunder or��other proper actioa ac�ry I�pravid�. , ��_•• e
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<br /> ' s`-�,:.�;r�.,a�Y��.:�; .'ii'�ANSFBR OF THE L�f�?��'Y;.;E'tiis toaa�a.^le 6e declare�l immediatety�ue���irI�.ru�n�ransfer of the �'Ys°.t�
<br /> � ,, �,, r � PrnpenY Se�inS s a c�.,l�l�n,�a y,u z,�s t�e.�i��c c e p t z b�i t y o f�h e�._._�+�*•�f�J r r�r z i s e s�l i s h e x l , •��
<br /> ` f� .4r �,ti. ,. � pursvant��n.3'��d�m�'i:ifzi�;�'r�'3',:'�'i1�r.'}I3,�mn�IStatesQade. � � , t �,
<br /> , "` � . . Aa autlior�lu�usn�rk°�i�gtip�"�:�"+�i��r�r�'�sU also be su6ject to a.dditiaaal ca've¢mr��ag�ments . . '
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<br /> ��cr�''�w� t:':' . 5 � C QPdi .AI�IEi FEE:A fCe tv one-Half of l L(.50%)of��i . t3s��s+1�t1 �'
<br /> �f'��� ��.iE . .� (a)��I ���'• � D�° '��1¢
<br /> ..,..:��i��;;r9 . •��':,ti�•.�. '� as of the date o�uausfec aL .property shaU be payable at the cime of nansfer to she Ieaa F�Tcic�+i�� � !'
<br /> i�`.,�a; ''��-:.;� . � agent,as mutee for the(1e�ent of Veterans Affairs.If the assumer fails w pay this fe�e�iJ�IS�e'ot ttan4�er, ;,•
<br /> � '� • tho fiee shall comatitate an 84�didonal c4ebt to that already secut�d by tl�s 9asuUmeaa,SRzIt Qr�ir'9iatr^est at the tate ,�;.
<br /> ' '•;,'����:;:��;�- ' � he�in provIdea,and.at tf�i�ption of the payee of the indebtedness hereby sec�ed ar a��ttieteof,shatl ��'�
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