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��15�373� L�4TE �HARGE: At Lender`s aption, Borrower will pay a "�a�e charge" not exceeding four per centum ��°Ia} o� the averdue paym�nt �h�n pai� more than fifte�n �15�} days after the �ue dat� thereof to cover the exfra expense inva�ved in handlin� delinquent �ayments, but such "late charge" ��all not be payable flut of the proce�ds of any s�ie made tfl satisfy the indebtedness secured hereby, uniess such p�oceed� are sufficient to ��scharge the entire indeb�edness�nd a�1 �r�per�t�s�s and expenses s�cured hereby. �UARANTY: Sh�uid the Department af Ve�erans Affairs fai� or refuse to �ssue its guaranty �n fuil am�un� �ithin 64 days fram the date that this loan woul� narmally be�orne eligible far such guaranty cornrnitted upan by fhe Depar�ment of Ve�erans Aff�irs under the provisions af Title �8 of the U.S. �ade "Veterans �enef ts," the Mortgagee rnay declare the indebtedness hereby secured at ance due and p�yable and rn�y farec�ose immediately or may exercise any other rights hereun�er or take any other praper�ctEon as �y law�rov�ded. TRANSFER�F TH� PR�PERTY:This loan may be de�lared imrrrediately due and payab�e �pon #ransfer of �he prop�rty securing such Ioan tfl any transferee, unless the a�ceptabif'r�y of the assumption of the �oan is estab�ish�d ��ursuant to �ecti�n 3?14 of Gha�te� 3�, Title 38, Uni�e� �tates �ode. ►4n authQrize� transf�r �"as�um�tic�n"} �f the �rfl��rty �ha�� a�so be subjec� to a��tiQnal cc�venants and agreemer�ts as set f�rth bel�w: �a}A � �QT��N � ��NG F�E 1� fee �qua� �o � a.�D°/o}of the balance of this loan a�flf�he date�f transfer of the �r�perty s�afl be pay�ble af the time of tr�nsfer to �he loan holder �r �ts au�horized agent, as trust�e far the C�epartmen� of Veterans Affairs. lf the assumer f�ils to pay this fee at the tirne of transf�r, the fee sha�� cans�itute an a�di�i�nal deb� to th�t a�ready s�cu�e� by this instrument, shal� bear intere�t at the rate herein prnvi�ed, and, at the optivn af the payee of the indebtsdness h�rehy secured or a�y transferee fhereof, shai� be immediately due and payable. This fee is �utomatically waived if the assumer is exer�r�pt un�er the pr��isi�ns of 3� U.S.�. 372� �c}. �b} A$�II��T1�,.PR�C��SIN�_�HARG� Upon a��lica�fon for a��r��af to a�fow assurn�tion of this loan, a pr�cessing fee may be charged by the l�an holder or �ts auth�rized agent for deterrnining the cred��tw�rthiness of the �ssum�r and subsequently revising the holder's ��nershi� recor�s when an a�pr�v�d tran�fer is c�rnp�eted. The arnoun# of this char�e shall naf exceed the ma�c�rnum �stablished by t�e Department of �leterans �ffas�s far a I�an to which S�ction 3714 of�hapter 3?', T�tle�$, Uni�ed States�ade ap��ies. (c� A lI�PTi�N INDElU��1�T1( LlA��LIT`Y: !f t�is �b�igatis�n ss ass�me�, then t�� assume� hereb� agrees fo assume all af t�e abliga�ions of the veteran under the terms of th� �nstruments creat�r�g �r�� secu�sng the �oan. T�e assc�me� fu�#her agrees t� �n�ernnif� the aepartment af V�#erans Affairs to the extent of any claim �ayment arising from the guaranty �r ins�urance vf the f�debte�r�ess�cr�a�ed by this instrum�nt. �� qfl3341485�95 �125 z65 ��3 fn'rtials: �� V111�P�-�38R ��4D�}�� Page�of 3