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<br /> VA�UARANTEICA L()AN AIVD ASS�JMF'i'IOIiT F�ILIC�R1D�It -
<br /> .I,�oAN No.1539211810
<br /> � �II�E��PROV�AI,�OF THE DEPARTMENT OF VETE�RANS .
<br /> AFFAIRS OR IT'S AUTHDItIZED AGENT.
<br /> THIS VA(3UARANTBED IAAN AND ASSUA4PTION POLICY RIDER is made thta 25th dny of
<br /> September , 1998 .end is iacoipo�ted into and shell ba deemed to amend aud euppleAOCat the
<br /> Mortgage, Deed of ltiest or Deed to Secuae De6t(henin 'Secu�tty Tn�Rtrument") dated o�even clau henwtth.
<br /> given by the uaderaigned @srela'Horrower")to secuae Bortower's Note w
<br /> COLUMBUS FEDERAL SAVINGS BANK
<br /> (hareia"Lender")
<br /> , ''' and covering the Propetty descriDed in the Securlry Inauuaaant an�d located az
<br /> ' 1313 NORTH WALNUT STREET.GRANQ ISLAND,NE 68801
<br /> <PmPer�'AddrcSS) .
<br /> VA QUARAIVTBBD L10AN COVBNAIVT: In addition to the coven,snts aad agreemants made in the Security
<br /> Inst�ument,Bormwer an�d Leader fiuWor coveaant ead egi+ee as foAows:
<br /> If the indebtedne�as saautd henby be guarantad or Insuzed u�ader Title 38, Uaited Staus Code.such Tlde and
<br /> Reguladons issued ihaeunQer and In e�'cct on the dau hercof sheU govern ihe dghts.duties and liabilities of
<br /> ' � ' Borrower and Lende:.Aay prevIsions of the Secudty instrument or other insaum�ata�acecutal ia connxtion wiW
<br /> . Ratd indebudness wlich ace inconsisuat wlth satd Title or Regulations. inaladIng. but not limiud w. the
<br /> .'.piovlaion for payu�ent oY aay sum in oannecflon witti p :p of the socured indebteduess aud the provision
<br /> i that the Lender mary�ccelerate payment of the sccurcd i��udness pursuant to Coveaant 17 of the Securiry
<br /> , t++�*+!�t.are hereby amend�or ne$aud to the extent necessary to conform such iasauments w said Tide or
<br /> + •;:, Regulations.
<br /> '.;,:� .` LA��IACttiE:at Le+adee's opdon.Borrower w�a pay a`lare c�arge'noc cu�ing four par cencum(d�i of
<br /> .�,, :,_.
<br /> �,;,;• � � the overdue paymer�t w��paid mon thaa fiReea(1S)days after th6 due date t�as�of to cover the eatn expense
<br /> •��.�;'. , ' iavolved in�de'�Ac�eat payments,bnt such"tate cherge"shall not be payable out of the praceedg o�'�uy.
<br /> �'��'• �� sale mad�to. the �ndebudness securod hereby.unless such pmceeds at�e sufficfent to discharge the ettD�Cc
<br /> , .�:�:`'' .. in�debtodn�ga�tn�all proper coste and expenses secured hereby.
<br /> � f UARANTY:Should the Degactn�ent of Veterans AftaiZS fait or retuse to issue its guaranty!n ful!amaunt wlthin, �'"
<br /> '.�6Q daya from tDe daie tfiet this loan aould nom�aliy beca�e ell�bte'for auch gucuu►ty committed upon by USe
<br /> �Department of Veteru�s Aft'aus uader tlse pmvislons of Titte 8 of the U.S. Cada •Veurana Beaefits.°.tha
<br /> Mortgaga may declara the iadebtedness hen6y sec�ed at oncx due and payable and�nay foreclose[mmaUately
<br /> or may exerclse any other rlgWs hereander or take any other proper aaion as by law provlded..
<br /> TRANSFER OF THB PROPERTY:�ttis loaa may be declared ism.ediately dws and payabla upon t�ensfer of the
<br /> .�;�, ; :. ymperty secnring surh loan to azry tcansferee.uNess the a�coeptabiliqr oY the assumpdon of the la�i is establlsh�d'
<br /> puiauant to ScctIon 3714 tif Ghapter 37.Title 38.Uaital Staus Code. .
<br /> �:;i�,::. ,. .
<br /> ;a. An author�ed tr�asfa('��flon')of the pmperty.shgU also be subjxt to additional covenants and ag�eori}esi4t3
<br /> a�aet fa�Uelow: �' .
<br /> �;:,�..�'� .
<br /> (:?.,A�',�E��TION FU1�TD�(i FEE:A fes alual to one-half qf 1'percent(.SOSb)of thc bat�tc�.•a��lhi8:4oau r,;;�
<br /> ' ,.,;�.g.of th�•�i�te�f transter of the propeny shaU be payabi�et the tbud of transfas w the loan holdet'f�r iYs auWpii�kd
<br /> ,: lgeat,as ttUstee for thc Department of Veterans Affaira.If t�a assumer 1�31s to pay this fee at the t�me of cr�i,9fer
<br /> '''��he�'eo shaU consdtute an addidonal debt to that already seared by this instmmeat.shall bear intenst at Wa•s'att
<br /> heceia provlded.and,at the optIon of the paya of the ind�btednesa hereby secured or any transferee thereof,shall
<br /> VA GUARAN7EED IOAN AND ASSUJNP7tOH POUCY RIDER ,
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