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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 /> �aj Assumpti�3n Funding F�e; A fee equal ta zero and one-ha�f percent(.5�°/�j af the balance <br /> of this laan as of�he date af�ransfer of�ie Froperty sha11 be payable a��he time vf transfer to the l�an <br /> holder or its authorized agen�a as�rustee for the I)epartment af Veterans Af�'airs.If th�assumer fails <br /> to pay th.is fee at the time of transfer,l�he fee shall constitute an additiona.l debt to that already secured <br /> by this instruxnent, shall bear interest at the rate her�in provided,and,at the a��ian of the payee vf the <br /> indebtedness hereby secured ar any transferee thereof, shal�be immediately due and payable.This fee <br /> �s automatically wai�ed�f the assumer is�xempt under the provisions�f 38 U S C. 3729(c}. <br /> {bj Assumption Pro�essing �harge: Upan application for approval to allow assumption of <br /> th�s loan,a pracess�ng fee may be charged by the l�an hol�ler vr its autharized agent for determining <br /> the creditw�rthiness of the assumer and subsequently revising the holder's ownership records when an <br /> appra�ed transfer is completed.The amoun�of this charge shall nat exceed�he maximum establ�shed <br /> by the Department of Veterans Ai�airs for a Iaan to which Sectivn 3714�f Chap�er 37,Title 38, Uni�ed <br /> S�ates Cade appli�s. <br /> �c�Assu m pti o n �n de m n ity Lia b i I ity: If this obligation is assumed,then the assumer hereby <br /> agrees to assume all of�he obligations�f�he ve#eran under the terms of the instruments creating and <br /> securing the iflan. The assum.er fur�her agrees to in�.emnify the Department of Veterar�s Affairs to the <br /> extent of any cla�m payment arising from the guaran�.y or insurance of the indebtedness created by this <br /> instrument: <br /> �N WITNESS WHEREQF,B�rrflwer(s}has executed�this VA Guaranteed L�an and Assurnption Po��cy <br /> Rider. <br /> Bvrrower <br /> ,� <br /> � "� r <br /> r• <br /> � ` � <br /> f�����7� .. �.� � . �, �"����� <br /> �ERS�N A G�NZALE � Date <br /> Sea� <br /> •- ` � ��' <br /> PAULINA A R�SS Date <br /> Se�d <br /> sozss5sss� <br /> Rider VA Guararrteed Loan and Ass�mptior�Policy with Guararoty-NE <br /> VMP�7 �412�1fi <br /> Wolters Kluwer Finar�cial SeNices�2D95 �fl9�11281�.1.3.3621-.f24954825Y Page 2 0�2 <br />
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