|
,� . ,.
<br /> :i'.:,:� .
<br /> 5 1 .. , .. ., . - .. � ��.�Yrc
<br /> .
<br /> �� :., ., ., . , _
<br /> . ' .�i I�i"'"rss;a:.
<br /> ��._.�.._...�.._�...-f 1 Y^ ..._�.. • ,_T�1T!V•��Wlf• '1' �_�.�._�....� ... ..�.. .. .. ....... _.'".' '___'.. .... ...� . _ . .... ��..�� . . -•y.v � __.y� -� .._ .
<br /> .i . .�1. . • • ' . . .. . .� ' .. .' 1.M. . -..""'
<br /> :>N.�j ..�,�.. t1 /J�{_��I+d.!.1�-
<br /> 1":�r�D_^�
<br /> - � , �t � , � , � . . � �'.wr.n:-� �.....
<br /> .
<br /> �
<br /> " ► r �y�w��p�y�X '�kIpI�FiCWMifhwar� ..� -'
<br /> , .
<br /> . r , t.. .,,.n n.1�. ... . . . vuyht4�rr..., �...... ..., .. ..
<br /> •�� . . � .. �- ... .. . �.... . . . _. ..
<br /> ,��
<br /> ' ?F.::
<br />' i__
<br /> .�.�� �J�— sq'�'17� °' �
<br /> � ,*„�w VA GUARANTEE�IAAN AND ASSUMPTION POLICY RIDEI� _
<br /> wAN No.10-1126 -
<br /> • . NOTICE: THIS LOAN IS N�OT ASSCJMABL� WITHOUT
<br /> THE APPROVAL OF THE D�PARTMENT OF VETERANS � =.
<br /> , AFFAIRS OR �TS AUTHORIZED AGENT. �'����
<br /> THIS VA GUARANTEED LOAN AND .ASSUMPTION POLICY RIDER is made tbis 29th day of
<br /> � August , 1997 ,and is incorporated into and shaU be damed to au�n.d end supploment tha
<br />'=��,: Mortgage. Deed of Tnest or Deed to Secwe Debt(henin "Securiry Instsu�pent') dated of even date henwlth, =
<br /> 3 ��'. given by the uaderaigaed(henin"Borrower') to secure Borrower's Note to �
<br /> Major Mortgage, A Wyoming Corporatiori
<br /> (hetein'Lender") �+-
<br /> � and covering the Property described in the Security Instrument and located at
<br />�,''.;,,:`1_r:' �^.`,"`
<br /> '"�����`""`�'�t�' 2318 Grand Island Avenue,Graad Island,NE 68803 � -
<br /> �•tlr
<br /> �' (Prope�ty Addreu) _
<br />,., �. •• . VA (3UARAIVTEBD LOAN COVENANT: Ia addidaa to the covenants and agramenu made ia the SecurIry _
<br /> � �' Instrument,Borrower and L.ender further covenant and agree as follows:
<br />�;•:`: � If tha lndebtedness secured henby be guarantad or inswrd under Title 38,United States Code,such Title and
<br /> Reguladons issued thereunder and ia effect on the date hereof shall govern the dghta, dudes and liabilities of
<br /> _I.�_:f,`•.,�,,:<< • Sorau��:aad Laadcr.:uy pm:•f�ioas of s�e securir;In^r�+�,+•�^:�:�*!�u�ax�u�.�.s��•d In conaM��n wl�
<br /> - ,, , said indebtatness which are inconsistent with said Tide or Regulations. including, but not 1Gnited to, the
<br /> ���-`:•n:;�'•; prov3sloa for payment of any sum in coanection with pnpayment of the secured indebtedneu and the provision
<br /> '•-- :-,�,�:. • that the I.ender may accelerate payment of the :,ecured indebtedness pursuant to Covenant 1� of the Securlty
<br />�-"'"-':,"'_::::.ri Instniment,are hereby amended or aegated to the extent necessary ta cuaform such insnuments to seid Tid�or
<br /> "�"'"��,`;�''� ' Regvlations.
<br /> z��_;;�,:,r:�.
<br /> �,�;��;;.,;;��• LATE CHARdE:At Lender's option,Barrower wUl pay a"lace ch�rge'not excxding four per antum(49G)of _
<br />�-�'�,��.�•�.•�. the overdue p�yment when paid more than BRan(1S)days after the due date tyereof to cover tt�e extra expense
<br />�"�"�-°�'t'�-` involval in handling delinquent payments,but such 'l�te chazg�"shaU not be paynble out of the procads oi any --
<br /> �— sale made to satisfy the indebtedness secwed hereby, unless such procads are suffici�nt to discberge the entire
<br /> -•��;_,�,,� ,, indebtedness aad aU pmper wsts and eapEnses secured henby.
<br />'""'�``=.?"� � OUARANTY:Should the Department of VHera�ts Affa[rs fail or refuse to issue Its guaranty in fuU emount within
<br /> __�`�_`:;� ��j 60 daya from the date that tWs loan would normally become eli�ible for such guuanty committod upoa by the
<br /> -��.�r,e�� • Departm�nt of Veterans Affairs under the pmvisions of Title $8 of the U.S. Code 'Veterans Benefits,' the
<br /> _._��ay� Mortgega may declan ttae indebtednas Lereby secured at once due and payable nnd may foreclose immodlutely
<br /> •-� :' or may axercise any other rigbts hereundei or take any othor proper action as by law provtded.
<br /> w_=� • � TRANSFER OF THE PROPBRTY: T6is loan may be declared immediately due ead payable upon uansfer of the
<br /> _N� property securIng auch loan to any uan�fGree.unless the acceptabiliry of the assuinpdon of the loan is established
<br /> _.=�� purswnt to Section 3714 of Chapter 3�,TiQe 38,United States Code.
<br /> '"���� An authorized transfer("assumpdon")of the pmperty shall also be subject to additional wvenoats and agraments
<br /> _ a�set forth below:
<br /> -- " (a) ASSUMPTION FUNDING FE�:A fx equal to onahalf of 1 percent(.SO%)of the balaace of this loan
<br /> -�� � as of the date of uensfer of the propeity shill be payabl�at the rime of uansfer to the loan holder or its suthorizod
<br /> -___,;� agent,as austoe for the Department of Veterans Affuirs.If the assnmer fails to pay Wis fa at the ttme of transfer,
<br /> �_�--�: the fa shall consdcuu an additional debt to that alrendy secured by this insuwnent.ehall bear iaterest at the ratc
<br /> =-- herein provtded,and,at the opdon of th�paya of the indebtedness henby secured or any transferee thereof,shall
<br /> - ��::. —.
<br /> --. .�:. —
<br /> ,µ,.:'i�.`�:'• VA aUARANTEED LOAN AND ASSUMPTI�H PQLICY RIDER —
<br /> ;^`� �6386�eaoa�.o+ 1/96 �_:-.__.
<br /> - VU�MORTAA6E FORMS.18001621.7'81 I�������('� �~ -:
<br /> �x�...
<br /> � vp.�as Mwa�aa �nuw� H ��°�
<br /> �;�,,._.
<br /> �:�
<br /> :�r�._
<br /> � ;.(,.
<br /> _ � ..w it`:,_ .
<br /> ,.�c— - _=.Ti .:.'.
<br /> . .. ���_.�..,__._....�...n`iiYliGiw'�'�"_.,_""�aR�t+`1��+7�a'�'WS_"........".,rK:�_ ' _' .... . ' " _ "T__""'_._"'__—�a.s
<br /> . � .. � ''S•��� � _
<br /> � . � � ._.. __ .-. _.
<br />
|