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201404258
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201404258
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Last modified
7/20/2017 8:00:58 PM
Creation date
7/14/2014 9:53:28 AM
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DEEDS
Inst Number
201404258
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��14�4�55 <br /> �a� ASS U!�PT!�N F�J N D I N� FEE: A fee equal to on�-ha�f of 1 percen��.5D°�a� of�he unpaid <br /> �r7n�i�a�ha�ance af th�s ��an as�f the dat�of trans�er�f the property shal�be payable a�the time of�ransfer <br /> to the mor�gagee or its author�zed agent, as�rustee for�he Secre�ary of Ve�erar�s Affa�rs. If�he assumer fails <br /> to pay�his fee at�he tim e�f tran�fer,the fee shali cons��tute an additiona�debt to�hat alread�secured by this <br /> xnstrumen�, shal� bear Yn�erest at the ra�e herein provided, and, at �he opti�n of the mortgagee of�he <br /> indebtedness here�y secured ar any tran.sferee thereof, sha7l be xmrmediate�y due and payab�e. Thxs fee Ys <br /> au�omati�ally w�.ived if�he assuxn�r is exemp�under the provisian� of 3 8 LT.S.�. 37�9 �b�. <br /> �b} ASSU I1�PTI�IV �I���ESS[N� G HA RCE� Up�n application for approva� t� a�low <br /> assump�i�ns and transfer of�his �oan, a p�-acessing fee may be Ghar�ed by the m�rtgagee or ��s au�horized <br /> agen�far d��ermining�he Gredit��orthiness af�he assumer and subsequent�y revis.i.�g th.e holder's ownership <br /> recards v�hen an appro�ed transfer Ys completed. The amount af this charge shal�not�xceec�the�naximum <br /> establis�r�d hy�he Department of�e��rans Affairs f�r a loan t��rh�ch sectian 3714 of�hapter 37, Title 38, <br /> Uni�ed 5�a�es �ade�.pplies. <br /> �c� ASSU M PT[��V !IV�E�iIM NITY LlA BI LITY: �f th�s ob��ga�ion rs assumed, then the assumer <br /> hereby agrees to assum�a�l of the�bliga��ans of the v�teran under th�terms of the instruments crea�ing and <br /> secur�ng the �oart, xnclud�ir�g the�b�igation af the ve�eran to inc�emnify the Department of Ve�erans Affairs <br /> to the ext�nt of any c�a�rn payme�t arxsing from�he guaranty or insurance of�he xndeb�edn�ss created by this <br /> instrumen�. <br /> IN 'L�VTT�TESS WHERE�F, Mor�gag�r�s}has ea�ecuted this Assump��fln Poli�y Rider. <br /> . �Sea�} �Seal} <br /> M i c h a�1 C a r 1 �T a g n�r or�ga�or N o rm �a g n e r Mortgagor <br /> �Sea�� ` �Seal� <br /> Mortgagar Mortgagor <br /> �Sea1� �Seal} <br /> Martgagor Mortgagor <br /> VA ASSUNf PTI�N P�LICY R�DER �������� � � , <br /> VA PR,RDR �11221D 9 Pa�e� af Z w��rwr dQ�rr��glc.�Q�rr <br />
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