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r <br /> ` 2� 1 ��3�74 <br /> �A� ASSUM PT��3N FUND[NG FEE:A fee ec�ua��:o atie�half of 1 percent�.5�%}of the unpaid <br /> principal �alar�ce of�his la�n as af the da�e of t�-ansfer of the��•ope���y shall be payable at tl�e time�f transfer <br /> to the mortgagee or its autharized agent, as tir��stc�fo�•the S�creta�•y af Ve�erans Affa�rs. If the assu�ner f�ils <br /> to pay this fee a�the tirne of�r�nsfer, �he fe�shall cansti�ute an additional deb�to that�I�-eady secu�•ed by this <br /> inst�•ument, sha�� bear interest at the ra�e f�ez-eii� prQWided, and, at the opt�on of the martgagee of the <br /> indeb��dness hereby secured o�• any transfer�e t���reof, �hall be �F-��med�a�:ely due and payable. T���s fee is <br /> automa�ically wai�ed if the assume�• is exem�t unde�- the pro�isions�f�� U.S.C. �7�9 �c}. <br /> �B� ASSLJN!PTI�N PRC]CESS�NC CHARGE: Upoi� applica�ia�� for app�-o�al to allow <br /> assump�ions and trar�sfer of tl�is loan, a p�-ocessing fee may be c��arged by the martgagee or i1:s authoi•i�ed <br /> agent for de�ermining�he creditworthiness of�he assumei�and subsec�uen��y re��sing the holder's�wnersl�ip . <br /> recards whet�an appra�ed trai�sfer is cornp�eted. The a�nount of tliis charge sha�l t1o�exceed the n�aximum <br /> estab�ished by�he Departt��et7t of Ve�erans Affairs for a l�an ta vv��ich section 37I4 of�hap�er 37, Ti�le 3S, <br /> United States �ade app��es. <br /> �C} ASSUM PT�C]N INDEM N�TY L�AB�L�TY: Ifthis abli�atior� is ass��med,then�l�e assu�r��r <br /> hereby a�rees to assume all of the abligatians af the�etera��under the te�-tz�s of the instrume��ts creatiz�g and <br /> securing�he loan, i��cludin� the obiiga�ion of th��e�eran �o it�d����n�fy the I�epartment of Vetei-a�1s Affairs <br /> to th�extent of az�y c�aii��payment�risin�from th�guaran�y or insurance of�he indebtEdness c�-ea��d by thzs <br /> instrumet7t. <br /> IN VVITNESS WHERE�F, Moz�tgago��5} �7a5 �xeCuted���lis ASSu�np�ion Po�iCy �ider. <br /> �Seal} �Seal� <br /> LARRY G. GR I�S� Mort�a�ar S�NDY L. GR.Z�S S Martgag��� <br /> �5ea�} �Seal} <br /> M or�gabor• ll�ar�gagoi- <br /> �Se�l) �Seal} <br /> Mo��tbagor Mnrtga��r <br /> VA ASS�MPTI�N P�LIGY RIf�ER DvcNlagic�-.� <br /> � <br /> VAPR:RDR �91�5114 Pag e 2 of 2 www,docrnagri�.cam <br />