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201607226
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Last modified
7/28/2017 8:45:18 AM
Creation date
10/31/2016 10:19:40 AM
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DEEDS
Inst Number
201607226
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2� 1 ��722� <br /> VA L�AN RIDER VA�ase#34-�4-6-oz1z��4 <br /> MIN: 1�U95Z4UU47��933�5 <br /> N�TI�E: THIS L�AN IS N�T ASSUMABLE �VITH�UT THE <br /> APPR�VAL�F THE DEPARTMENT�F VETERANS AFFAIRS�R IT S <br /> AUTH�RIZED AGENT. <br /> THIS VA L�AN RIDER is made th�s 25th day of �ctobQr , �416 ,and is incorpora�ed int+a <br /> and shall be deemed�o amend and supplement the Mor�gage, Deed of Trust, or Deed tv Secure Debt�herein <br /> "Securaity Ins�rumen�"� da�ed of e�en date herewith,g�ven hy the undersigned�h�rein"Borrower"}to secure <br /> Borrower's N�te to Pinnacle�ank <br /> �herein"Lender"}ancl ca�er�ng�he Proper�y des�ribed in the security�nstru.ment and Iocated at: <br /> 9U3 Sagewaad Ave �rand ISland,NE 6S8U3 <br /> Property Addre�s <br /> Guaranty or Insurance of Loans to Vet�rans: In addition to the co�enants and agreements made �n the <br /> Securi�y Instrument,Borr�wer and Lender further co�enant and agree as follows: <br /> Regulations issued under 3S USC Ghapter 37,and in effect on th�da�e of�his SeCurity Inst�rumen�,shall <br /> go�ern �he righ�s, duties, and l�a�i�ities of the pa,rties to this Ioan and any pro�rsions �f the loan <br /> instruments �.nconsistent v�i�h su�h regulat�ons are hereby amended and supplemented to confQrm <br /> thereta. � <br /> Acceleration Clause: This loan may be declare��mmediate�y due and paya�le upon transfer of the property <br /> secur�ng such loan to any transferee,un�ess the a�ceptabili�y��the assump�ion a��he loan is esta�lished pursuant <br /> to Sec�ian 3714�f Chapter 37,Tit1e 3S,United 5ta�es�ade. <br /> Funding Fee CXause: A fee equal�o one-half of 1 per�en�of the balance�f this�aan as of the da�e of transfer�f <br /> the prvperty shall be payable at the t�me�f transfer to the loan h�lder or i�s au�harized a�en�,as frustee for the <br /> D�parrt�men��f�1'eterans Affairs.�f the assumer fails t�pay th�s fee at the�ime�f transfer,the fee sha11 constrtute <br /> an additional debt to�ha�already secured by this 7nstrumen�,sha�l bear interes�at the rate h�rein pr��ided,and a� <br /> the option�f�he payee of the indeb�edness hereby secured or any�rar�sferee thereof,shall be imme�iate�y due and <br /> payable.This fee�s aut�matical�y wai�ed if the assumer is exempt under the pro�isions of 3 S U.S.�.37�9�c�. <br /> Processing Charge C�ause: Upon applicati�n f�r appro�ai to allovv assum�tion of this loan,a processing fee <br /> may�e charged by the loan ho��er or i�s authorized agent for determin�ag the creditwQrthiness of the assumer and <br /> subsequently re�ising th�holder's�wnership re��rds when an appro�ed transfer is completed.The amount of this <br /> charge shail not ex�e�d the maximum establish�d by the Department�f Veterans Affairs for a loan to whi�h <br /> 5ection 3714 of�hapter 37,Tit1e 38,United States Cod�applies. <br /> Indemnity Liability A�sumpt�vn ��ause: If this obl�gatxan is assumed, then the assumer hereby agrees to <br /> assume a11 of the�bliga�ions af�he�eteran under the terms of the in�truments creating and securing the 1�an.The <br /> assumer further agrees ta indemnify the Departmen� of Veterans Affairs to the exten� of any claim payment <br /> arising fram the�uaranty or insurance uf the indeb�edness cre d by this ins�rument. <br /> � <br /> �Sea1� �Seal} <br /> Borrower m�� au man Barrower � a Kauf n <br /> �Seal� �Seal} <br /> B�rrawer Bvrrower <br /> 18498.CV�711�} ZQ 1501806NE GOTQ(�Q7�0140} <br />
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