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2� 1 ��225 L�AN #: �11 fi8fl78 CASE#: 34-34-fi-D21�971 �I1N: 1�'!2542-�D�QD34835-8 VA �UARANTEED L�AN AND ASSU�II�PT��N f��LICY R�DER N�T��E: TH�S L�AN I� N�T AS�UMABLE WITH T �� TH E APPF��VAL �F' TH E aEPART MENT �F VETERAN� AFFA!R� �R ITS A TH � R ZEC� A U � I �ENT. TH15 VA �UARANTEED L�AN AND ASSUMPT��N P�LICY R�DER is mad� this 'i 9th day of August, Zo1 s, and is incorporat�d into and sha�l be deemed to amend and supplem�nt th� Mortgage, Deed of Trus#or Dee� �o S�cur� Debt �herein "5ecurity �nstrument"} dat�d af ev�n dat� h�r�vu�th, given by the undersigned �here�n "Borrovuer"} to secu re Bo rrflwe r's N o�e tn Low VA Rates �h�rein "L�nder"} and covering �h� Property describ�d in the Security Ins�rument and I�ca#ed at 1?�31N Koen i� St Grand Island, NE S88D3 VA�UARANTEED L�AN C�VENANT!n addi��on to the�ov�nants and agreemen�s mad� in �he Security �nstrument, Borrower and Lender furth�r c��enant and a�re� as follows: If th�'rndebted ness secu red h�reby b�guara nteed or�nsured u nd�r Title 38, U n ited Stat�s C��e, such Title and Re�utations issued ther�underand in �ffecton the da�e hereofshail gov�rn#he rights,duties and iiab��i�i�s of Barr�werand Lender.Any provision�afth�Secur��y �nstrument or o�h�r instrum�n�s �xecuted �n connect�an w�th said indebt�dn�ss which are incons�sten�with said Title or Regu�ations, inc�uding, �ut not ��m�ted to, th� provisron far payment of any sum in conn�ct�an with prepayment af th� secured indebtedness and the pr�vision that the Lende� may acc��erate payment vf�he se�ur�d ind�bt�dness pursuant to �ov�nant 18 of the Se�urity Ins#rumen�, ar� hereby amend�d vr nega��d to the ext�n� necessary ta conform such �nst�uments to said T�tl� �r Re�ulatians. LATE CHAR�E:At Lender's option, and as allowed by applicable state 1aw, Borrawerwill pa� a "�at� charge" n�t ex�e�ding four p�r �entum �4°Io} �f the overdue payment when paid more �han f�fteen ��5} days after th� due date th�r�af to cov�r the extra exp�nse �nvolved �n handiing de�inqu�nt payments, �ut such "lat� charg�" shall not be payable out af the proceeds of any sa�e made to sat�sfy the indebtedness secured hereby, unless such pro��eds are suffic�ent to discharge the entir� indeb#edness and all proper c��t� and expenses s�cured here�y. GUARANTY: Shou�d the Departm�nt of VeteransAffairs fai�or refuse t�issue its guaranty in full amoun�within �D days from the �a#� that this Ioan would normally become el��le for such guaranty commit#ed up�n by the aepartm�nt of Veterans Affairs under the provisivns ofT�tle 38 of fhe U.S.�ode"Ve�erans Benefts,"th�Mortgage�may declare the ind��tedness her�by se�ure�at once du�and payabie and may for�close immediate�y or may exercise any other rights h�r�under or tak�any�ther proper a�tion as by�aw p�ovided. TRANSFER �F THE PR�PERTY: Th�s loan may be declared immediatefy due and payable upon transfer of the p�operty secu�ing such loan �o any transf��e, unless th� acceptab��ity of the assumption af the loan is estabiish�d pursuant ta Secti�n 3714 of �hapt�r 37, Titl� 38, United Stat�s �ode. An au#h�riz�d transf�r �"assum�tion"} �f�he proper�y shall aiso be subject to add�tionai c�v�nant� and agre�ments as set farth below: �a} A55UMPTl�N FIJNDIN� FEE:A fee equal to one-half of � percent �.5�°/0} of the bafance of this Ioan as of#he da#e of#ransfer of the prop�rty shall be paya�le at th�time�f transfer ta th�Ioar�halder ar its author�zed agent,as�rust�e for the D�par#ment of Veterans VA GUARANTEE❑LDAN AND ASSUMRTI�N P�LI�Y RlDER Ellie Mae,Inc. Page 1 of 2 P8751A5R �311 P8751 ASR{CLS} �81�91�Q1 fi 1�:Z5 PM PST