Laserfiche WebLink
ASSUMPTION RIDER <br />302 W MECCA ST, CAIRO, NE 68824 <br />[Property Address] <br />11 1 II <br />* 3 0 0 0 6 2 5 4 3 * <br />MULTISTATE VA ASSUMPT ON RIDER S ngle Family UNIFORM INSTRUMENT <br />Mortgage Cadence Document Center 3637 04/10 Page 1 of 2 <br />r <br />2011308110 <br />MIN: 1001056-3000625432-6 Loan #: 3000625432 <br />VA Case #: 34 -34 -6 -0212054 <br />THIS LOAN IS NOT ASSUMABLE WITHOUT <br />THE APPROVAL OF THE DEPARTMENT OF <br />VETERANS AFFAIRS OR ITS AUTHORIZED <br />AGENT. <br />THIS ASSUMPTION RIDER is made this 28th day of November, 2016, and is incorporated into <br />and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the <br />"Security Instrument ") of the same date given by the undersigned (the "Borrower") to secure Borrower's <br />Note to USAA Federal Savings Bank (the "Lender ") of the same date and covering the Property <br />described in the Security Instrument and located at: <br />ASSUMPTION COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows: <br />A. Acceleration Clause. This loan may be declared immediately due and payable upon <br />transfer of the property securing such loan to any transferee, unless the acceptability of the <br />assumption of the loan is established pursuant to Section 3714 of Chapter 37, Title 38, <br />United States Code. <br />B. Funding Fee Clause. A fee equal to one -half of 1 percent of the balance of this loan <br />as of the date of transfer of the property shall be payable at the time of transfer to the loan <br />holder or its authorized agent, as trustee for the Department of Veterans Affairs. If the <br />assumer fails to pay this fee at the time of transfer, the fee shall constitute an additional <br />