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<br /> - . LOArr rro.'1539217174 `_:
<br /> ;,:;; - � I�IO'TI�: T�II� LeO�N I� ,N�T ASSIR�I1[A�3LE �I'1'gi�3U'T � -�-Y
<br /> ,: .: �;,��� � . . T� �1'PROV�. A�ORI�ZED AG�EN'rT OF �TE�S =,_
<br /> ��>, .. . A��tS ��t I'�S L --
<br />- , '`" �.. THIS�1A GUARANT��D LE?AN ANA A,SSUMPTION POLICY RIDER is made this l4th day of °�
<br /> . ' .. �Iovember , l997 ,ana ia inc�porated iato sn8 shalt be aeemed m ame�d aaa su�plement che . . '-°. -
<br /> • . Mortga�e, Deod of Ttast or De�i to Secure Debt(6erem'Seanity Insuamea�t°)dated of evea date heceewith. . ` -
<br />_:; , '` , . _ ••�:; the�guedthereia"Bomnwer°)to se�e,Boimwer's Note w
<br /> . OLU�BiIS FEDERAL SAVIH�S BANK � , � ��.
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<br /> _ • S �I1StlilmCDt�d ZO�8f ��a�� �`�,.�,-�
<br /> - �. .. ' . • �. 8�i�OV2Ilt7$t�E�I811Ct[}►dESCl1���A�IC CCUTtL�► , . �___-
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<br /> < <� �'`�� � 2007�WE5T lOTH STREET,GRA�i3 IStAHD,NE 68803 � - '
<br />_ � -,. .. _....�: • . . � . . �� __
<br /> ' : � • � ` �eny naeccss) �. �� .
<br /> ; ,;;�,, :
<br /> ,° , � ' . VA CiUAR.AN7'EED.LOAN CO�ENANT:ttt addidon ta the vovenants aad agr�emsats made ia the SerurIty � �_-
<br /> Ins4�.Bonawer aad I�ender tittther covenant and�ee as follows: • �- n,:`s:
<br /> -;;r.; .",,�--� If the Iadebt�edness se�hPreby be guaranterd ar�nader Titte 38,Vnitsd States Code, sach�tie aad � -
<br /> ; � � :, '�; ' RegWafians issued thereunder aad ia effect on the date �reof shalI govesn the sights,datFes aad lia6�ides of �-.�=
<br /> .. . � Bornuwet aud�uder.AaY Fravisions of ttie Securiry Iusaument or ah�a insanmenta ex+ecuted ia co�on with : �.�"���
<br /> ..: •. satd indebteda'�s which aze iaconsSsteat.��th said TitIe or Regn���'ss, iacdudiag, 6ut not l�ited w. the p :��
<br /> , .,.�:.,.���.. . . prov3sion for pay�ment of a�►y sum tn au�xion with prepayment of ine'ser.ured indebtedness an�d the pravision � ��?
<br /> -� � • that tBe Lender may acceterate payment of the se�aied iadebte�aess pnrsuani w Covenaat l7 of dae Seauity -_
<br /> . r��.;i5 _.
<br /> ' � �` instrameat,are flere6y ameIIded ot negated w the extent necessary to conform su��stc�ents w satd Title or �y
<br /> _ , � �.`�tF(. �m�tatjell8. . ���'t
<br /> �
<br /> � Lp'f8 CHAR(}B: At Lender's option,Bmrrower wUl pay a"late charg�e°uot eaceeding four per a�ntum(4%)o f �
<br /> the overdne payment when pai�moce tir�fifteea(1�days after the�date thereof to cover the extra expense ..f.
<br /> �oived in haad1ing dellnquent payments,Uut s¢eh'tate charge'ahall not be payz�le out of the proceeds of�oy . �.
<br />_ . � - sa;�made w satisfy 6ie indebtedness se�ed hereby.un2ess such pmc�eds are s-^.�cieut ta discharge the eIItire . _•.�,}.;_
<br /> � �_ iu�ebtedness ansl all proper costs and expenses seivmd hereby. � �:.•��f
<br /> . .,;'.. .. . .� � tiUARANTY:Should the Department of Veterans Affaus fail or refuse to issue its guaranry in full amount witbin . '_��
<br /> .,;;.� ' 60 dayrs from the date tLat t1�s loan wonid noimally become eligtble for sucL guaranty cammltted npon by the � . -_
<br /> � . . .�,;�-;::;;.�..'. Department of Veterans Affaits �mder the pmvisfons of�tte 38 of the U.S. Code 'Vete�ans Benefits," the . '•�,'•
<br /> � t..,:�}. ' Mortgagee may declaze the indebtedciess hereby seea�d at once du�and payable�tSi may fo�eclose�rumediately . . .�•.:..
<br /> � ����` or may exercise any other rig�ss herrunder or take acry other proper action as by taw pzovided. . � :'._,•
<br /> ' F I:.
<br /> �,'..� '�,�• 1TtAN5FER OF THE PROPERTY:�his tvan may 6e declued im�medlatetY due and payable upon tramsfer bf the
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<br /> --� ' � .. � P�P�y S��g such toan to aay ua:..��.waless the acceptabiliry of the assumption of the Ir.�ia establishe0 . -_::
<br /> �,."',:�f pursuant to Sectlon 3714 of 6�apter 37.'�'rue 38,UniteB States Code. �L,:
<br /> _ . ;;;r; An authorizeA transfer("assumption°)of the property shall also be snbjea to additional tovenaats and agreements .
<br /> • as set fonh below: � � •
<br /> �;;' � � .. (a)@��iMPTION�[11vDING FEE:A fee equal to on�tralf of 1 percent(.50%)of the balance of this taan �
<br /> �'����1�� � ' as of the date of transfer of t�e pmpeny sha11 be payable at the Hme of uensfer to tbs loan ho2der or its authorized
<br /> - ' � ' agent,.as trustee for the Depanment of Veterans Affaira.If the assuffar fails to pay thls 4'ee at the time of transfer, ,.. :
<br /> : the fee shaU consdnue aa addidonal debt m that already secured by this instrument,shall bear intesest at the rate - :
<br />`-;� . . . herein provided.aad,at ihe apdon of the payee oi the indebteduess hereby secmred er any transferee thereof,shall ._ �
<br /> � . • . VA DUAAANTEED LOAH AND ASSUMP'TtON POUCY.RIGER
<br />. . �. ,:�': �-5388 tasoa�.o� 1/96 : •
<br /> : ���� Vll1pMORTlUt0EF0(UVIS•1800157t. (�Il�pll�l����l���ll��l� , ,
<br /> 't, P.^�e t Of$ AAYY 00/B� ' ���) �ID �
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