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(b) ASSUMPTION PROCESSING CHARGE: Upon application for approval to allow assumption of this loan, <br />a processing fee may be charged by the loan holder or its authorized agent for determining the creditworthiness of <br />the assumer and subsequently revising the holder's ownership records when an approved transfer is completed. The <br />amount of this charge shall not exceed the maximum established by the Department of Veterans Affairs for a loan to <br />which Section 3714 of Chapter 37, Title 38, United States Code applies. <br />(c) ASSUMPTION INDEMNITY LIABILITY: If this obligation is assumed, then the assumer hereby agrees <br />to assume all of the obligations of the veteran under the terms of the instruments creating and securing the loan. The <br />assumer further agrees to indemnify the Department of Veterans Affairs to the extent of any claim payment arising <br />from the guaranty or insurance of the indebtedness created by this instrument. <br />IN WITNESS WHEREOF, Borrower(s) has executed this VA Guaranteed Loan and Assumption Policy Rider. <br />// (Seal) <br />TOD L. BRANDT - Borrower <br />USVAASSUMRIDER Page 2 of 2 <br />4.kela C LiCkAfri (Seal) <br />- Borrower <br />THERESA C. BRANDT <br />201302494 <br />(Seal) (Seal) <br />- Borrower - Borrower <br />(Seal) (Seal) <br />- Borrower - Borrower <br />