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201608110
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Last modified
7/3/2017 5:40:24 PM
Creation date
12/2/2016 4:03:22 PM
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DEEDS
Inst Number
201608110
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debt to that already secured by this instrument, shall bear interest at the rate herein <br />provided, and at the option of the payee of the indebtedness hereby secured or arty <br />transferee thereof, shall be immediately due and payable. This fee is automatically waived if <br />the assumer is exempt under the provisions of 38 U.S.C. 3729(c). <br />C. Processing Charge Clause. Upon application for approval to allow assumption of <br />this loan, a processing fee may be charged by the loan holder or its authorized agent for <br />determining the creditworthiness of the assumer and subsequently revising the holders <br />ownership records when an approved transfer is completed. The amount of this charge <br />shall not exceed the maximum established by the Department of Veterans Affairs for a loan <br />to which Section 3714 of Chapter 37, Title 38, United States Code applies. <br />D. Indemnity Liability Assumption Clause. If this obligation is assumed, then the <br />assumer hereby agrees to assume all of the obligations of the veteran under the terms bf <br />the instruments creating and securing the loan. The assumer further agrees to indemnify <br />the Department of Veterans Affairs to the extent of any claim payment arising from the <br />guaranty or insurance of the indebtedness created by this instrument. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions contained in <br />pages 1 and 2 of this Assumption Rider. <br />C <br />Borrow J MES L MILB <br />(Seal) <br />Origination Company: USAA Federal Savings Bank <br />NMLSR ID: 401058 <br />Originator: Zachariah D Younker <br />NMLSR ID: 1455614 <br />11 liii liii <br />* 3 0 0 0 6 2 5 4 3 2* <br />MULTISTATE VA ASSUMPTION R DER S ngle Fam'ly UNIFORM INSTRUMENT <br />Mortgage Cadence Document Center © 3637 04/10 Page 2 of 2 <br />Borrower - PATRICIA ILBY <br />20 1608110 <br />(Seal) <br />li ii 11 liii II <br />
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