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201304414 <br /> • <br /> VA GUARANTEED LOAN AND ASSUMPTION <br /> POLICY RIDER <br /> LH343460194995 00024678753805013 <br /> [Case #] [Doc ID #] <br /> NOTICE: THIS LOAN IS NOT ASSUMABLE WITHOUT <br /> THE APPROVAL OF THE DEPARTMENT OF VETERANS <br /> AFFAIRS OR ITS AUTHORIZED AGENT. <br /> THIS VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER is made this SIXTH <br /> day of MAY, 2013 , and is incorporated into and shall be deemed to amend and supplement the <br /> Mortgage, Deed of Trust or Deed to Secure Debt (herein "Security Instrument") dated of even date herewith, <br /> given by the undersigned(herein"Borrower") to secure Borrower's Note to <br /> BANK OF AMERICA, N.A. <br /> (herein"Lender") and covering the Property described in the Security Instrument and located at <br /> 1031 E NEBRASKA AVE, GRAND ISLAND, NE 68801 <br /> (Property Address] <br /> VA GUARANTEED LOAN COVENANT: In addition to the covenants and agreements made in the Security <br /> Instrument,Borrower and Lender further covenant and agree as follows: <br /> If the indebtedness secured hereby be guaranteed or insured under Title 38, United States Code, such Title and <br /> Regulations issued thereunder and in effect on the date hereof shall govern the rights, duties and liabilities of <br /> Borrower and Lender. Any provisions of the Security Instrument or other instruments executed in connection <br /> with said indebtedness which are inconsistent with said Title or Regulations, including, but not limited to, the <br /> provision for payment of any sum in connection with prepayment of the secured indebtedness and the provision. <br /> that the Lender may accelerate payment of the secured indebtedness pursuant to Covenant 18 of the Security <br /> Instrument, are hereby amended or negated to the extent necessary to conform such instruments to said Title or <br /> Regulations. <br /> LATE CHARGE: At Lender's option,Borrower will pay a "late charge" not exceeding four per cent=(4%) of <br /> the overdue payment when paid more than fifteen (15) days after the due date thereof to cover the extra expense <br /> involved in handling delinquent payments,but such "late charge" shall not be payable out of the proceeds of any <br /> sale made to satisfy the indebtedness secured hereby, unless such proceeds are sufficient to discharge the entire <br /> indebtedness and all proper costs and expenses secured hereby. <br /> VA Guaranteed Loan and Assumption Policy Rider <br /> 1538R-XX (07/10)(d/i) Page 1 of 3 <br /> � 0 0� <br /> II <br /> . . _ 2 3 9 9 1 . , " 2 4 6 7 8 7 5 3 8 0 0 0 0 0 0 1 5 3.8 R , <br />