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2� 15�7979 <br /> L�AN#: 18�518�U89 <br /> CASE#; 34-�34-fi-�2�fi422 <br /> � MIN: 1 D1�129-O�QD141972-3 <br /> 1!A �UARANTE�D L��AN AND ASSU�PT��N P�LiCY R�DER <br /> N�T��E: T�15 L�AN I N 1�A L1N�ABL� WI�TF� LJT <br /> TH � AF�PF� VAL F` TF� � ��PAR�TN� ��T' a�' <br /> � <br /> 11iET��AI� AFFA�R R �T A�J1��C�R[ZEQA�ENT� <br /> � S � S <br /> TH[S VA GUARANTEED L�AN ANQ ASSUN�PTI�N PaLICY RIDER �s made �his <br /> 13th day of Nvrremb�r,201�, and �s inc�rpora�ed in�o and shal� �e deemed <br /> fio am�nd and supplement the N�or�gage, ae�d of Trust�r Deed to Se�ure Debt �herein <br /> "Securi�y �nstrument�'� dated of even date her�v�ith, given �y �h� undersigned �h�re�n <br /> "Borrovve r�'} ta secu re Bo rr�w�r's N ote to The Federal Sarri ngs Bank, a Federal Sa�i ngs <br /> Bank <br /> �h�rein "Lender"} <br /> and c�vering the P ra�erfy de�cribed i n tne Secu ri�y �nstru ment a nd focated at <br /> 3�14 Pal om i na Pi ace <br /> Grand island, N E fi88U� <br /> VA�UARANTEED L�AN C�VEhlANT:In addifian to�he co��nar�ts and agre�ments n�ad� <br /> ir� the Security �ns�rumen�, Borro�rer and Lender fur�her co�enant and a�ree as follows: <br /> �fth��nde�tedn�ss s�cured hereby�e guaranteed or insured underTit[�38,�n�ted��a�es <br /> �ode,such T��le and Regulafions�ssued�hereunder and in effec�on�he dat� hereof sha�� <br /> goverr��he ri�hts,du��es and liab�[it�es af Borrawera�d Lender.Any pro�isions flf�he Security <br /> Instrument �r fl�her �n�trurn�r�ts exe�uted in �vnn�c��on w'rth said inde��edness which <br /> are inconsis�en�with sa�d Ti�le or Regulations, �nc�uding, �ut n��limited t�, th� �ra����on <br /> for �aymen� af any sum in c�nne��ion with prepayment of the secur�d ind�bt�dness <br /> and the pra�ision that th� Le�der may accelerate �ayrr�ent of�he s�cur�d ind���edn�ss <br /> pursuan��o �o�enan� �� of the Security Ins�rument, �re hereby amend�d or nega�ed �o <br /> th� �x�ent necessary ta confarm such �nstrum�nts t� said Tifl� ar Regula�i�ns. <br /> LATE�HAR�E:A�Lender's�pfiian, and as a��owed �y appli�a�le stat�la►�v, Barrowerwi�� <br /> pay a "late charg�" not ex�eedin� fvur p�r cenfum �4°/a} of tMe o�erdu� payment v�hen <br /> paid mare than f�ft�en ���} days after �he due date �h�reof ta co�er the ��tra exp�nse <br /> involved ir� hand�ing de��nqu�n� paymen�s, �u� such "�ate �harge" shall not be payab�e <br /> �u�af t�e proceeds of any sale made to sa�isfy the inde��edness secur�d her�by, un�ess � <br /> such pr�c�eds are suff�ci�nt to d�scharg� th� entire �ndeb�edness and all proper cos�s <br /> and �xpenses secu red hereby. <br /> G�ARANTY: Shou[d�he�epar�men�of VeteransAffairs fai[or refuse to issue its guaranty <br /> in ful� �maunt within G� days from�he date fihat this I�an►�ould r�arrr�al�y becom��I�g��le <br /> fvr such guaranty committed upon by tn� Depar�n�en� of Vefierans Affairs under �he <br /> pro�isions ofTi��e 38�f the U.�.�od�"Veterans Benefits,"t��Mo�tgage�may declare�he <br /> indeb�edness here�y s��ured a�or��e du�and payabl�and may foreclose immediate�y or <br /> may exercise any o�her r��h�s her�under or�ake any other proper ac���n as�y la►�pro��d�d. <br /> TRANSFEF� C)F THE PRC�PERTY: This �oan may be declared imn�ediate[y due and <br /> payable upnn transfer flf�he property securing such �oan �o any transf�re�, un�ess the <br /> acceptab�li�y �f the assun�ption of the �oan is �sta�lished pursuant �o Sectian 3�'14 of <br /> Chapter 3�, Ti�le 38, Un�ted States Code. <br /> An au�har��ed �ransfer �"assumpt�on"3 of�he proper�y shall also be subj�ct tv additianal <br /> coWenan�s and a�reements �s set forth bela�ru: <br /> �a} ASSUMPTI�N FUNDING FEE:A fee equal to one-half of� �ercent �.5�°/a} of the <br /> ba�ance of�his loan as of�he da�e af transfer of the�r�perty sha�l be paya�le a�the time of <br /> �ransfer to th�Ioan holder�r its authorized agent,as tr�s�e�for the Department of Vet� ;ns <br /> � � t g � <br /> VA GUARANTEE�L�AN AND ASSUMPTIC}N Pt3LNCY R[DER Initla�S: � ` <br /> � <br /> Eliie Mae,�nc. Page � fl�2 P875�A R �311 <br /> P875�AS R <br /> �r■■ ■■ <br /> r <br /> � <br /> . <br /> . <br />