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201608282
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Last modified
7/28/2017 1:03:08 PM
Creation date
12/12/2016 8:42:03 AM
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DEEDS
Inst Number
201608282
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2� 1 ��8282 <br /> Ri��r VA �uarant�ed Loan and <br /> ►A�sum ti�r� Polic with �uaran <br /> i� Y <br />; <br /> N�TI�E: THI� L[�AN IS N�T ASS�TMA�LE �VITHi�UT <br /> THE APPR�VAL �F TI�E DEPARTMENT �F VETERANS <br /> AFFAIRS �R ITS AUTH�RIZ�D A�ENT. <br /> THI5 VA�UARANTEED L�AN AND A55L�MPTI�N P�LIGY RIDER.is made this�9th day of Navember, <br /> ���6,ancl is incorparated int�and shail be deemed�o am�nd and supplement the Mvr�gage,Deed�f � <br /> Trust ar Deed t�Secure Debt(herein "Seeu�rty Ir�st�r,cmer��"}datecl af even date herewith, given by <br /> the undersigned(herein "Bort�owe�"}to secure Barrower's Nvte to Navy Federal Credit LTni�n�.ierein <br /> "Ler�der")�nd covering the Pr�perty described in the Security Instrument and lacated at 419 E ZND <br /> ST, CrRA1�TL�ISLAND,NE�8841. [Praperty A�dress] <br /> VA G ua ra nteed Loa n Ca�e n a nt. In additian to the cvvenants and agreemen�s made in the <br /> Secur�ty�r�strument,Bar�rower and Lender further covenant and agree as fall�ws: <br /> If�he indeb�edness secured hereby be guaranteed�r insured under Tit1e 38, United States Code, su�h <br /> Title and Regulations issued thereun�er an�.�n eff'ect on�he date hereflf shall gvvern the rights,duties � <br /> and liabilities of Borravver and Lender. Any pravisions of the �ecurity�nstrument or ofiher instruments <br /> executed in connection with said in�iebtedness which are inconsistent v�ith said Tit1e or Regulations, <br /> including,but nat limi�ed ta,the provisian for payment of an�sum in connection wit�i prepayment <br /> vf the secured�ndebte�ness and the provisian that the Lender may accelerate payment of trie secured <br /> �ndebtedness pursuant to Cov�nant 18 af the Security Instrument,are hereby amended ar negated to <br /> the exten�necessary to��nform such instruments to sa.id Tit�e or R.egulatians. <br /> Late Charg�. At Lender's option, Borrower vvill pay a"late charge"not exceeding four�r centum <br /> (4°/0}af the o�erdue pa�ment wh�n paid more than fif�een(15�days a�f'ter the due date thereof to <br /> caver the ex�ra expense invo�ved in handling del�nquen�payments,but such"late charge" shall not be <br /> payable out�f the pro�eeds vf any sale made to satisfy the indebtedness secured her�by,unless such <br /> pr�ceeds are suff`�c�ent ta discharge the ent�re�ndebtedness and a11 proper costs an�expenses secured <br /> hereby. <br /> G uara nty. Should the Departrnent of Veterans Affairs fa.i1 or refuse to issue its guaraenty in full <br /> amount v�ithin�4 days from th�da�e that this laan�ould normal�y become e�igible for such guaranty <br /> committed up�n by the Department af�e�era.ns Af�'airs under the pr�visians of T��le 38 nf t�.ie U.S <br /> �'�de "Veterans Benefits",the Mortgagee may d�clare the indebtedness hereby secured at�nce�lue and <br /> payable and may foreclose immediately �r may ex�rcise any other rights hereunder or take any ather <br /> pr�p�r a��ion as by law provided. <br /> Transf�r of the Property. This Ioan may be de��are�immedia�ely due and payable upan�ransfer af <br /> �he Prvperty securing such laan to any transferee,unless the acceptability of the assurnption of�he laan <br /> is esta.blished pursuant to Sect�on 37I4 of�hapter 37,Tit�e 38, �I�rt�ed Sta�es Coc�e. <br /> An au�horized transfer("Assumptian"}of the Praperty shall also be subject to additivnal covenants <br /> and agreemerits as set f�rt�i belaw: <br /> $Q�66556fi3 <br /> Rider VA Guararrteed Loan and Assumption Paiicy with Guarar�ty-NE <br /> V M P� U4i2fl1 fi <br /> VlFo�ters Kitawer Financial 5er►rices g2015 2U1fi1128�6.1.3.3621-J2416D825Y Page 1 of2 <br />
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