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2� 1 ��723 � 1 ' n nd � R�der VA �uaranteed L�a a m i�n P�Ii� with �u�rant As�u t � � � y N�TI�E: THIS L�AN IS N�T ASSUMABLE WITH�LTT THE APPR�VAL �F THE DEPARTMENT �F VETERANS AFFAIRS � R IT S AUTH�RI�ED A�ENT. . � THIS VA�UARANTEEI]L�AN ANl3 ASSUMPTI�N P�LICY RIDER is made�hls 26th day af � � September,�U�.6,and is incorporated into and sha11 be deemed to amend and supplement the : Mortgage,I]eed af Trust or Deed ta Secure Debt�herein "Security Irastrument"�dated af even da�e hereWith,gi�en by the u.ndersigned�herein "Bar��we�"}to secure Borrawer's Nv�e to Navy Federal �redit Un�on(herein "Lender"}and�o�ering the Praperty de�cri�ed in the Security Instru.rnen�t and � located at 14D5 Birdie B1�d,�airo,NE 68824. �Property Address� VA Guaranteed Loan Co�enant. In addition ta�he covenants ar�d agreements made in the Security Instrument,Borrower and Lender further covenant and agree as�fol�ows: If the indebtedness secured ber�by be guaranteed�r insured under Title 38, United States �'ode, such T�tle�nd�,egulativns issu�d�hereuxider and i.�e�fe�t o�n the dat�hereof sha11 g�verx�the rights, dutie� and l�abilities of�orrower�.nd L�nder. Any provisio�.s of the S�curity Ins�ru.m�nt or other instruments e�ecut�d in c�nnectiv�.with said indebtedness which are inconsistent with sa�d Title or Regu�ations, including,but no�limzted ta,��e pr�vision far p�.yment of any sum��c�nr�ecti�n with prepayment �f the secured��debtedn,ess and the provision.that the Lender may acceierat�payment of the secured indebtedness pu.rsuant to�av�nant 18 �f�he Seeurhity Instru�nent, are hereby amended or negated to �he extent necessary to conf�rm such instrum�nts to said T�t1e or Regulations. Late C h arg e. At Lender's�ption,B orrower wi�1 pay a"late charge"not exceeding four��r centunl (4%}of the vverdue payment when paid more t�ian fifteen(1 S}days aft�r the due da�e th�reof to cover the e�tra�x�ense in�o�ved in hand�ing del�nquent payments,bu�such"late charge" shall not be payable out of the proceeds of any sa��made tv satisfy th�indebtedness secured hereby,un�ess such proceeds ar� sufficient ta discharge the entire indebtedness and aIl proper costs and expenses secured hereby. C uaranty. Sh�uld the Department�f Veterans Affairs fail or refuse to issue its guaranty�n fu�l _ amvunt wit�iin 6�days from the date tha�this loan would normally become e��gible far�uc��uaranty comrnitted upon by the I]epar�ment of Veterans Affair�under the provisions vf Title�8 of the U.S Code "Veterans B enefits",the Mortgagee may dec�are the indebtedne ss hereby s�cured at or��e due an.d payable and may foreclose immediately or may exerci�e ar�y ather ri�its hereundex or�ak�any other pr�per action as by law provided. Transf�r of the Property. T�iis loan may 1�e dec�ared immediately due and payable upon transf�r of the�roperty se�uring such iaa�ta any tr�sferee,unless th�acceptabi��ty of th�assu�nptian of the loan is e�tab�ished pursuant to Sectior�3714�f Chapter 37,Ti��e 38, �Tnit�ed Stat�s Code. An authoriz�d transfer�".�4ssumption"��f the Property shal�also be�ubject to additiona�co�enants and a�reeme�ts as set farth b��aw; 8��rraas� Rider VA Gu��anteed Lo�r��nd AssuEnptivn Pali�y with Guaranty-NE VMP� a412�18 WvEters Kiuwer Financial 5e�vices�2�i 5 2�16�9�31 fi.1.3.3fi21-J2�1 fi�9 fiY P�ge 1 of 2 �