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��14��7�� <br /> LATE �H►��GE:At L�n�der's flpti�r�, S�r�v�er ��f p�� a "lat� �h��rge" n�t �xce�d i ng f�u r �er <br /> r,��#�m ��'°I�} �f ��� ��er�ue pa���ent �e� �a�d rn�r�e t�an f fke�n �1�} days after t'he ��e <br /> �at� ther�c�f to oov�r th� ��tr� e��nse i�v�l��� i� han�l�n� de�inquent payments, bu# such <br /> '�'���� charge" shai� no# b� pa�abl� ��t �f t�� �r�eeds �f any sa�e ma�e �o sa�isiy #he <br /> �nde���ne�s s�cured h�r�by, �nless s�ch �r�ce�l� are suffcient �� discharge the entire <br /> in�e�t�dnes��n+d all pro�er cflsts an���r�se�secure� h�r��y, <br /> �IJARA�I'TY: Sh�ul� t�e t]�partr�ne�t �f �e�eran� Affairs fa�� �r refus� t� iss�e its �uaranty in <br /> fu#� arnount �nrith�n �� �da�s fr�r� �he ���� ��at t�is I�an ��ul� n�rrnaliy beoome e�igib�e for <br /> su�h �uaranty romm�tt�d up�n by the Dep�r�rr�ent �f Veterans Affairs un�er fhe �rovisions �f <br /> Title 38 of #he U.S. ��� "1leterans ��r�eft�,� th�e ��rtgagee rnay declare the in�ebt�dness . <br /> hereby �ecur��d at �nce due an� p�yab�e an� �n�� fflre���se immediatel� or ma� exercise any <br /> other rights hereun�er�r take any o�h�r�r�op�r a�cti�n as by lavv provide+d, <br /> �`�t��F�I��F��1��P��P���(:T�r�s �o�� �a� �+e���c�ar�� ��med�ate�� �U�e an� ��yab�e ��on <br /> transfer �f the �r�pert� securin� �uch I�an t� �ny transferee, unless the acceptability of �he <br /> assurnption �f the I�n is estab#�she�d pu�-sU�n� t� S�ct��n 3��4 of �hapter 37, T�tle 38, <br /> Un��e� States�t��. <br /> An a�#horized transfer t�assumption"} �f the �rv�rty shall also be subject ta ad�it�vnal <br /> cvvenan�s and a�reement�as��t f�rth b�la�: <br /> ������,�.���'�{�N F1�N�iN�.F�_� �►��ee �qual tfl <br /> � �.�'D°Io�of the balar���f thi� I�an as�f the�ate flf transfer of the pr�per#y <br /> sha�i b� payable at the time of tr�n�fer t� th� l�an h�lder ar its auth�rized agent, as trus��e <br /> far the De��r�rnent �f �le#erans Affair�. �f �h� as�um�r fails to pay this fee at �he time flf <br /> �ransfer, �he fe� shali canstitute an ad+di#i�r��l �ebt tfl that airea�y s�cured by this instrument, <br /> sh�f! bear int�r�s� a� th� ra�e herein pr�vvid�e�d, �nd, �t the fl�ti�n of the pa��e flf the <br /> �ndebt�ne�s her�b� se�ure� �vr any �ransf�er�e �here�f, shall be imrnediatel� due and payable. <br /> This fee is aut�mati�aily ►�ai��d �f th� assurr�ef is e�em�t un�er the pr�visions of 38 U.S.�. <br /> �7�� ��}, <br /> �b} AS MPT1 N R �IN hl Upon appiication f�r appravai to allow <br /> assurnption of #his I�an, a pr�c�ssing fee ma� b� charg�d by the I�an h�lder or its author�zed <br /> agent ��r �et�errn�nir�g t�e �re���tw��#�in�s� o# t�� a�s�mer an� subse�ue�t�� reWisin� the <br /> hal�er's �vvnership recar�s vUhen an a�pr�v�� transf�r i� cQmple#ed. The am�unt of this <br /> cn�r�� shall no# ��cc�ee�d th� rna�cimu� estab�i�h�d by the Department flf Veterans Affairs f�r a <br /> �aan t�v�ich Sectior� ����flf��apt�r 3�',Ti�l���, �Jn��e���ates �vde ap�lies. <br /> �c} A U�II1�T1 N IND MNlTY LI ��LITY: lf this �bligatior� is assume�, then the assumer <br /> �ereby �gr�es �o a�sume all �f th� �bii�at��ans of the veteran un�er the �erms nf the <br /> �nstr�ments cre�tin� �nd s�c�aring the ��an. T�e ass�mer further agrees t� ind�mnify ths <br /> D�par�ment of '�eteran� �4ifa�r� t� t�e ���nt �f an� c�aim paymen� arising frflm the guaranty <br /> vr insuranc��f the ir�debtedness creat�ed b�t�is i�strurn�r�t. <br /> ��333�55�18�37 fl1�5 351 ��U3 <br /> Init�al : <br /> V11�P g�38R ��4fl5}.�41 Pa����af 3 <br />