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2� 1 ��9�5 proceeds are sufficient t�discharge�he ent�re indehtedness and alj proper costs ar�d expenses secured h ereby. Guaranty. Shou�d the Department of Veterans AfFa�rs fail or refus�to issue�ts guaranty in full amount within 54 days from the date that this loan would normally�e�flme elig�b�e for su+ch guaranty committed upon by th�Departrnent af Vet�rans Affairs und�r the pro��sions of Title 3 S of the CJ.S. Code "veterans Benef ts",the Mortgagee may declare the indebtedness herehy seGured at once due and payable and may foreciose immediateiy or may exercise any other rights h�reunder�r take any other proper action as by law pro�ided. Transfer of th� P�op�rty. This lnan may be declar�d immediately due and payable upon transfer�f the property secur�ng such loan to any transferee, unjess the acceptability af the assumpti�n of the �oan is esta.b�ished pursuant to Section 3714 of Chapter 37,Tit�e 38, United �ta.tes Code. An author�zed transfer�"�[ssurnptron"�of the property sha11 also be subject ta additional co�enants and agreem ents as set for�h be 1 ow: �a�ASSLJMPTI�N FUNDTNG FEE:A fee equal ta zero and ane-half(4.5��°Io}of the balance of this loan as of the date of transfer of the property shall be payable at the time�f transfer to the laan holder or its autharized agent,as trustee for the Department of Veterans Af�a�rs. If the assumer fai�s to pay this fee at the time of transfer,the f�e shall constitute an additiona�debt to that already S�Cllr�(�by�]15 1I35tI'UI17e17�, shail bear interest at the rate herein pro�ided,and,at the aptian af the payee of the indebtedness herehy secured or any transferee thereof,shall be immed�ately due and payable. This fee is aut�maticaily waived�f the assumer is��empt under the pro�isions of 38 U.S.C. 3729�c}. (b}ASSUMPTI�N PR�GESSING�HARGF: Upon �ppl�cation for appro�al�o allovv assumptton of this�oan,a processing fee may be�har�ed b3�the laan hc�ld�r�r its authorized agent for determ�nin�the creditworthiness of th��.s�umer and su�seyuently re�is�ng the holder's awnership r��ords vvhen arl appro�ed transfer is�c�mpleted. T�he amour�t of this charge shal�not exceed the maximum estal�lished by the Department of Veterans Affairs far a loan t�which Section 3714 of �hapter 3 7,Tit1�3 8,United States�ode appl ies. [C}ASSUMPTI�N INDEMNITY LIABILITY: If this obligation �s assumed,then the assumer hereby agrees to assum�all of the obligatinns�f the��eteran under the terms of th�instrumer�ts creating and securing the loan. The assumer further agrees ta indemnify the Deparrm�nt of Veterans AfFairs t�the extent of any claim payment arising from the guaranty or insura.nce of the indebtedness created by this instrument. HCFG-0�782 Vete�ans Affai�s Guaranteed Loan and Assumptian Policy Rider IIAAP� '1211'� Wolters Kluwer Finanaal Services�1959,20�9 �fl1fi1Q+bfi�5.3.Z.3509-J2�?fiU42fiY Page 2 vf 3 ' 3 *