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2� 1 ��7��2 <br /> LC�AN#:'i��3EIIA'�5949� <br /> CASE#: 34-34-�-DZ'�alfi3 <br /> MIN:'I�'13�fi1-���000��9T-9 <br /> VA�UARANTEED L�]AN ANQ AaSUMPT��]N P�]LI�Y RIaER <br /> N�TI��: TH�� L�AN I� N�TA��LJMABLE �IVITH�UT <br /> T�E A�'f�R�VAL �F TH� DEPARTM�NT �F <br /> VETERA�� AFFAI�� �F� �TS AUTH�RI�EC�A��NT. <br /> THIS VA GLlARANTEED L�AN AND ASS�IMPT�aN P�LIGY RIDER i� ma�� thi� <br /> ��tn day Qf oG��ber,�o�s, and is inca�porat�d in��and shall be de�med <br /> �o amend and�uppiem�nt the Mortga�e, D�ed af Trus�or aeed to Secur�Debt�h�rein <br /> "Secur�ty �nstrument"} dat�d �f��en date herewi#h, given �y th� undersigne� �her�in <br /> "Barrvwer"}tv�ecure l�vrrvwer'�Not��a BBM�Mortgage A Division�f 6ridg��iew Bank <br /> �r�up,a Iliin�is Banking Cvrparation <br /> �herein"`Lender"} <br /> and Gav�ring the Pro�erty de�c�-ibed in the Security�ns�rument and Iocated at <br /> 'f710 Saint Paul Road <br /> Grand Island,NE SS$D�I <br /> 1�`AGUARANTEED L�AIV C�VENANT In addi#i�nt4�he�ovenant��nd agreements made <br /> in th���curity Instrument, Borr�wer an� Len��r furth�r co�enan�and�gre�as f�llaws: <br /> Ifthe indebt�dn�ss se�ur�d hereb�be�uarante���r�nsured und�rTitle 38,Un�ted States <br /> Code,such Ti�ie an�Regulati�ns�ssued�h�r�under and in effect on th�da#�her�of sh�i� <br /> g��ern the rights,duties and liabif�ties af B�rr�wer ar�d Lend�r.Ar�y prv�isions of the���uri <br /> instrument or ath�r ins�ruments �x�cut�d in �annec�ion with said ind bt n w � <br /> � �d ess h�� <br /> a�e ineansistent with said Titl�ar Re�u�ations, includit�g, but na�I�rnited ta,the�r�v�sion <br /> f�r paymen� of any sum in cvnn�ct�an wi�� prepayment of the se�ured indebtedness <br /> and the �oW�sion that th�Lend�r�-na acc�f�rate a m�nt of the s cure��nd� <br /> P Y p Y � ��ed ne�s <br /> pursuan��a�avenant 1�a�th�S��urity I nstrumer�t, are h�r�by amend�d�r nega��d to <br /> th�ext�nt neces�ary t��anfvrm such�ns��uments�a sa�d Titl�or R��ul�tions. <br /> LATE CHAR�E:A�Lend�r's o�tion,an�as allow�d�y applicable state law,��rrvwerwiii <br /> pay a "1at�Gharg�" no�exc�eding f�ur��r c�ntum ��4°�a�of th�❑verdue paymen�when <br /> pa�d more than fifteen 15� days afiter th�du�da�e th�r�of to�ov�r the�x�ra exper�s� <br /> �nval��d in handling de inquent paym�n�s, but�u�h "lat� charge" sh�1i no�b� payable <br /> au�afthe r�ceeds vf an ��i�m�de�o sat�s the in�e�te�ness s�cured h�re� un�ess <br /> � Y �Y y, <br /> s�ch pr�ceed�ar�suffici�nt t�dis�h�rg�the r��tire inde�t�dn�ss and all proper casts <br /> artd�xp�ns�s secur�d hereby. <br /> CUARANTY:Should th�Department of Vete�an�A�fairs fail�r re�us�tv issu��ts guaranty <br /> in f�ll amaunt wi�h�r��U�ay�from the dat�#ha#th�s I�an wauld n�rmal�y�e��me�I�gible <br /> fo� su�h guaranty c�mmitted upan by th� De a�tm�nt of U�terans Affairs ur�der the <br /> ror�isians of Title 38 af the U.S.��d�"Veterans��r��fits"th�Mart a ee ma d�clare the <br /> �ndebtedn�ss hereb s�cured atonce du�an� a ��le�nd ma �r�cas�imme i � <br /> y p y y d at�y�r <br /> ma exercise an �ther ri hts her�under ar�a��an vther �a �r action a�b law ro�ided. <br /> ]� Y � Y P � Y p <br /> TRANSFER �]F THE PRaPERTI�: This loan may �� d��lar�d immediat�ly due and <br /> pa�able u pon tran�fer of the property��curing su�h �o�n to an��ransfe�ee, uni�ss the <br /> acc� �a�ilit o�th� assum tian �f the i��r� �s e�t��li�hed ursuant t� S�ctiQn 37'�� of <br /> Cha�ter 3?yTitl�38 Uni�e�S�ates C�de. p <br /> p a � <br /> An autF�ari�ed transf�r�"assumptian"�af the p��perty shall a�so�e subject tv addit�onai <br /> ca�enants and agreemen�s as s�t fort#�b�low: <br /> �a}ASSUMPT��]N FUNDIN�FEE:A f�e equal ta vne-ha�f�f� percent�.50°��}of the <br /> �alane�of�his�aan�s af the date of t�a�s€er c�#�h���r�pert�shall be payable at the time af <br /> transf�r�o the Ioan hv�d�rvr its authoriz�d ag�n�,as#rus��e farthe D�partment vf V�#erans <br /> VA GUARANTEED L�AM AND ASSUMPTION P�LfCY R�DER Initials: �� �� <br /> Ellie Mae,I nc. P2►g�1 �f� P875�AS R 0311 <br /> P8751 A5R�C�S] <br /> �0J1'f 1�01 fi 1�:46 PM PST <br />