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201604624
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201604624
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Last modified
7/3/2017 5:40:34 PM
Creation date
7/22/2016 9:02:35 AM
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DEEDS
Inst Number
201604624
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201604624 <br /> MIN: 1001056-3000399071-6 Loan #: 3000399071 <br /> VA Case#: 34-34-6-0210233 <br /> ASSUMPTION RIDER <br /> THIS LOAN IS NOT ASSUMABLE WITHOUT <br /> THE APPROVAL OF THE DEPARTMENT OF <br /> VETERANS AFFAIRS OR ITS AUTHORIZED <br /> AGENT. <br /> THIS ASSUMPTION RIDER is made this 21st day of July, 2016, and is incorporated into and <br /> shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security <br /> Instrument") of the same date given by the undersigned (the "Borrower") to secure Borrower's Note to <br /> USAA Federal Savings Bank(the"Lender") of the same date and covering the Property described in the <br /> Security Instrument and located at: <br /> 408 Nubia St, Cairo, NE 68824 <br /> [Property Address] <br /> ASSUMPTION COVENANTS. In addition to the covenants and agreements made in the Security <br /> Instrument, Borrower and Lender further covenant and agree as follows: <br /> A. Acceleration Clause.This loan may be declared immediately due and payable upon <br /> transfer of the property securing such loan to any transferee, unless the acceptability of the <br /> assumption of the loan is established pursuant to Section 3714 of Chapter 37, Title 38, <br /> United States Code. <br /> B. Funding Fee Clause.A fee equal to one-half of 1 percent of the balance of this loan <br /> as of the date of transfer of the property shall be payable at the time of transfer to the loan <br /> holder or its authorized agent, as trustee for the Department of Veterans Affairs. If the <br /> assumer fails to pay this fee at the time of transfer, the fee shall constitute an additional <br /> liii 11111111 <br /> 111111 111111 <br /> IIIIIIIIIIIIIIIIIIII <br /> * 3 0 0 0 3 9 9 0 7 1 * * M C A S M R DR * <br /> MULTISTATE VA ASSUMPTION RIDER Single Family UNIFORM INSTRUMENT <br /> Mortgage Cadence Document Center S 3637 04/10 Page 1 of 2 <br />
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