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201608600
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Last modified
7/28/2017 1:11:35 PM
Creation date
12/21/2016 9:00:31 AM
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DEEDS
Inst Number
201608600
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2� 1 ��8��� <br /> LC]AN#: 1�3511713� <br /> CASE#: 34-34-G-D�'��7G� <br /> �I N: 1�0�?'�8-3��U���344-0 <br /> VA �UARANTEED L�AN ANC3 ASSUMPT��IV P�L��Y RIDEF� <br /> � � L Ah� � N�T A��l��ABLE II��TH�LJT <br /> ���'��E. TF� � � S <br /> T" E aFPA�T� EI�Y �F <br /> T H � AF�F'F��VAL �F H <br /> AFFA�F� � ��T� A�JTH�RIZE� A�ENT. <br /> VETEF�rNS � � <br /> �'HIS VA �UARANTEE�3 L�]AN AN� ASSUMPT��N PC3L��Y RlDER is mad� this <br /> ��th day of Decem�er, �o�s, and is incorpor�ted into and sha�� be deemed <br /> ��amend and suppfement the M�rtgage, De�d of Trust or De�d �o Secure Debt h�r�in <br /> "Security I nstrument"} dated of ev�n da�� her�w�th, gi�en �y the und�rs�gned herein <br /> "Borrovuer"}�o se�ur� B�rrvwer's N�t�to Busey Bank,a Bank�ng Gorpora�ian <br /> �h�rein "L�nd�r"} <br /> and co�ering the Pr���rty des�rib�d �n �he Se�urity I nstrument and I��a�ed at <br /> 33'I'! 1N U5 Hvvy 2 <br /> Grand Istand, NE 688�3 <br /> VA�LJARANTEED LC3AN�UVENANT:I n add�ti�n to�he���enants and agr��ments made <br /> ir� fihe S�curity Instrument, Barr�wer and L�nder f�r�her c�v�nant and agree as fo�l�ws: <br /> If the indeb��dness secured h�r�by be guaran�eed�r ir�sured und�rTi��e 38,Un���d Sta�es <br /> �flde,such Ti�le and Re�ula�ions�ssued thereunderand in effectanthe date hereof�hali <br /> �flvern the ri�hts,du�i�s and�iabilities of B�rrow�rand Lender.Any provis��ns of th��ecuri�y <br /> Instrum�nt ar �th�r instrumen#s ex��ut�d in connection �vith sa�d inde��edness which <br /> �re �n��nsistent v►ri�h said Titie ar Re�uiations, includ�ng, �ut n��I�mi��d t�, the pro�isi�n <br /> for pa�m�n� �f any sum ir� c�r�nec��on wi�h �repayment af the s�cured �ndebfiedn�ss <br /> and the pr�v�si�n that the Lend�r may aec�i�rate payment of th� secure� indebtedness <br /> pursuant�o �oW�nant 18 of the Se�urity lnstrumen�, are hereby amend�d or r��gat�d to <br /> the ext�en� n���ssary t� conform su�h �r�struments to said Title or Re�ulat�ans. <br /> LATE C�AR�E:At Lender's�p�ion,and as ali�vved�y appl�cabl�sta�e law, 8orrawerwi�l <br /> pa� a "�at� char e" �o� exceed i ng four �er cen�u m �4°/0} of t�e averdue payment w�en <br /> p��d m�r� tha� ifteen 15} days after the �u� �ate �hereof t� cv��r the ex�ra expense <br /> in�olved in hand�ing �e in�uent payments, but such "�ate charge" sh�ll not be payab#� <br /> au�of the�raceeds af any sa�e m�de t�satisf}�the�ndebtedn�ss s�cured hereby, unless <br /> such pro��eds ar� sufficient ta di��harge �he en�ire ind�b�ednes� �nd ali prop�r costs <br /> and expenses �ecu r�d hereby, <br /> GUARANTY:Shou�d the D�partmen�vf Vet�ran��ffair�fail or refuse#o issue�ts�uaranty <br /> in f�l! amount w�thin �D days fr�m the�a�e that this laan w�u�d normal�y became�ligible <br /> for su�h guaranty c�mmitted upon by the Dep�rtm�n� of Ve�erans Affa�rs under the <br /> pr�visi�ns of Title 38 of the U.S.�ode"V�terans Benefits,"the Illlor�gagee may dec�ar�th� <br /> indehtedness hereby s�cured at vnce due and payab�e and ma�foreclase immed�atel or <br /> may�x�rcise ar�y�th�r r��hts hereunder or take any other pro�er�c�inn as by 1aw pr��� ed. <br /> TRANSFER �F THE P�C�PERTY: This laan may be declared imm�d�ately du� and <br /> payab�e upon transfer flf the praperty secur�n� such �oan �� any �ransferee, unless #h� <br /> acceptability of the assumpt��n of th� I�an is es�ablished pu�suant �� Section 37�4 �f <br /> �hapt�r 37, Ttle 38, lJnited Stat�s C�de. <br /> An authorized transfer �"assumption"} af the property shall a�so be subjec�to additiona� <br /> co�enan�s and agr�ern�nts as set forth belov�r: <br /> ta} AS�U�1lF�Tl�h� FU�V�iN� FEE:A fee e�uai �a one-half of 1 percent�.��°/Q}of�h� <br /> balanc�of this I��n as of�he dat�of transfer of the property sha�l be�ayable�t the t�me of <br /> transfer t4 the Ioan haider or its authori���agen�,as�rus�ee far�he��par#ment�f V�terans <br /> VA�VARANTEED L�AN AN�ASSUMPTI�N PDLICY R�DER InitialS:� <br /> Efl��1111ae,Inc. P�g� '� pf� +� P875�ASR �3�� <br /> P8751A�R{GLS} <br /> . ��1�5120'I���':�3 AM PST <br /> ���aWLLi�1■R.l�JL <br />
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