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2� 1 ��8349 Instrument or the N�te�onfl�cts with Applicable Law, such conflict shall not affect other pr��isions of this Security Instrument or the Note vvhich can be gi�en effect wi�h�ut�h��onflict�ng prv�ision. As used �n this Security Instrument: �a}words�f th�masculine gender shall mean and inciude correspanding neuter wards or words of the f�m�nine gender; �b}vr�ords �n the singular shall mean and include the plural and�ice �ersa; and�c�the vWard "may" gi�es sale discret�on vWi�hout any obligation to take any acti�n. �6. Barrower's Copy. Borrower shatl be gi�en one �opy of th�Note and of this Securi�y Instrument. 17. Transfer of the Property;A�cei�ra�ion; Assumption. This loan may be deGlared immediately due and payab�� upon transfer of the prop�rty securing such l�an to any transferee, unless the a��eptab�lity of the assumption of the loan is estab��shed pursuant to Se�tia�3714 of Chapter 37, Title 38, Un�ted State�Code. The ac�eptabiiity of any assumpt�on shall alsv b�subjeCt to the foiiow�ng add�tional pro�isions: �a} Funding Fee: A fee equa�to one-half of 1 percenf�f the balance of this �oan as of the date of transfer of the praperty shall�e payable at the time of transfer tv the laan holder or its authorized agent, as trustee far thQ Department of Veterans Affairs. �f the assumer fails to pay this fee at tbe time af transfer, the fee�hall constitute an addit�ana� debt to tha�already secured by thi5 rnstrument, shall bear interest at th� rate herein pro��ded, and at the option of the payee of�he indebtedness hereby se�ured ar any tra�sferee �hereaf, shall be immediately due and payablQ. This fee is automa#ically wai�ed if th�assumer is exempt under the�ro�isians of 38 LI.S.C. 3729(c}. �b} Prvices�in� Charge: Upon appli�ation far a�provai to allvw a5sumption of this loan, a processing fee may be charged by the l��n hold�r or its au�h�rizQd agent for determining the cr�ditwnrth�ness of the assumer and su�asequently re�ising t�e holder's ownersh�p records when an approved transfer i� campieted. Th� a�naunt of this charge shal� not exce�d the maximum established by the Departm�nt�f Veteran�Affairs fvr a loan ta whi�h Sect�on 3714 of Chapter 37, Tit�e 38, Un�t�d States Code applies. �c� �ndemnity Liability AsSurnptian: If this obligation is assumed, thea the assumer hereby agrees to assume al�of the obligations of the�eteran under the#Qrms af the instruments creating and securing the loan. The assumQr furth�r agrees t��ndemnify the Department of Veterans Affairs to the extent vf any��aim payment ari�ing from the guaranty or insurance of the indebtedness created by this instrument. If the acceptability of the a55umption of th�s lo�n is not e5�abl�shed for an�r re�5on, and Lender exercisQs its vptivn to de�lar�all sums secured by �his Security Instrumen� immediately due�nd payable, Lender shali gi�e Borrawer natice of a�celerati4n. The nnt�ce shall pr��d� a ��riod of not less than 3U days fram the date the notice is gi�en �n ac�ordanre with Section 14 within which B�rrower must pay aii sums secured by this Secur�ty �nstrument. lf Borrower faiis to pay these 5ums pr�ar t+a the exp�ration of this pQriod, Lender may in��ke any remedies permi�ted by this Security Instrument withaur further noti�e ar demand on Borrower. 18. Barrower's I�ight to Reinstate After Acceleration. If�orro�ver meets certain conditions, Borrawer shall ha�e the right to ha�e enforcement of this Securit�� Instrument discontinued at any time prior tfl the earliest of: �a} fi�e days before sal� of the Property pursuant to �ny power of sa�e con�ained in this Security Instrument; �b} such other period as Applicable Law might specify for�he terminatian of BorrQwer's righ�to re�nstate; or �c} entry of a judgmen�enfflrcing this Security Instrumept. Th�se conditions are that Borrvwer: �a}pays Lend�r �ll sums which then would be due under�his Se�urity Instrument and the Note as i�'�o a�celeration had occurred;�b}cures any d�fault af any other co�enants or agreemen�s;�c}pays all expenses incurr�d in enforcing this Se�uri�Ins�rument, including, but no�limited�o, reasonable attorneys' fees, properiy inspection and�a�uation fees, and other f�es incurred for�he purpose of protecting L�nder's interest in the Property and rights under this Security Instrument; and�d�takes such act��n as Lender may reasonably r��uire to assure t�at Lender's int�rest in the P�•aperty and righ�s under this Security Instrument, and Borrower's�b�igation to pay the sum�se�ured by this Security Ins�rument, sh�.1�continue unchanged. Lender may require tha�Borrower pay su�h reinsta�emen�sums and expenses iri�ne�r more of the followin� forms, as s�lected by Lender: �a�cash;�b}money order; �c}certified checl�,bank check,treasurer's check or cash�er's�heck, pro�ided any such check is drawn upon an institu�i�n vvh�se deposi�s are insured by a federal agency, instrumentality ar entity;ar�d}Electron�c Funds Transfer. Upon reinstatem�nt by B�rrawer,�his Security Instrument and ob�igati�ns NEBF�A51{A-Single Family-UNIFURM INSTRUIVIENT �v�a�glc MDOlF1ED FUR DEPARTMENT OF VETERANS AFFAIRS - IVIER� www.docmagic.cvrrt �Re�. 110�} Pa�e 14 �f �4