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201700033
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Last modified
7/28/2017 1:24:30 PM
Creation date
1/3/2017 1:28:27 PM
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DEEDS
Inst Number
201700033
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2� 17���33 <br /> L�AN#: 33'[42414�1 <br /> �ASE#: 34-34-6-��'I�798 <br /> MI N: '1��14�13-D�fl�D425Z2-5 <br /> VA CUAl�ANTEED L�AN AND ASSUMPTI�IV P�L��Y RIDER <br /> N Ti�E: TH I L AN <br /> � N TA MABLE IT <br /> U W H T <br /> lJ <br /> TH E APPR�VAL F TH E a <br /> EPARTMENT �F <br /> VETERAN AFFA1 R R T A T <br /> � U H�R�ZEDA ENT <br /> . <br /> THIS VA GUARANTEE[] L�AN AND ASSUMPTf�N P�L��Y RIDER is made this <br /> 2�th day of December, zv�s, and is in�orparated into and shall be de�med <br /> to amend and supplement the Mortgage, Deed of Trust or De�d t� Secure D�bt here�n <br /> "Security Instrum�nt"} dated of ev�n date herewith, given �y the undersigned here�n <br /> "Borrower"} to secure B�rrower's N�t� t� BN� Natianal Bank, a National Banking <br /> Assnciation <br /> �here�n "Lender"} <br /> and �overing the Praperty d�scribed in the Security Instrurn�nt and foGated at <br /> 550�5outh GQth Rd <br /> Alda, NE 688'14 <br /> VA�UARANTEED L�AN��VENANT:In addition to th�c�venants and agre�ments mad� <br /> in the Security lnstrument, E3orrower and Lend�r fur�her covenant and agree as foll�ws: <br /> Ifthe indebtedn�ss s�cured hereb�l be guaranteed or insured underTit��38, United Stat�s <br /> �ode,such Tit��and Regulations issued ther�underand in effecton the date here�f shall <br /> ov�rnth�r�ghts,dutiesand Iiabilities�fBorrowerand Lender.Anyprovisions�fth�Securi <br /> nstrument or �ther instruments �xecuted in conn��tion with sa�d indebtedness �vh�c <br /> are inconsistentwith said Titl� or Re�ulations, including, buf not limited to, the �ravision <br /> for payment of an sum �n cannection w�th prepayment of the secured indebtedness <br /> and th� pravision t at the Lend�r may acce�erate payment of the secured inde�tedness <br /> pursuan�to �ov�nant 18 af th� Security Instrument, are hereby amended �r negated to <br /> the ext�nt necessary to �onform such �nstru�ents to said Title ar Regulati�ns. <br /> LATE�HAR�E:At Lender's�ption, and as allowed byapplicable state law, Barr�werw�l! <br /> �a� a iilate �har e" not exceeding faur er centum �4°/�} of the ov�rdue payment when <br /> pa�d more than �fte�n �5} days after t e due date there�f t� cover th� �xtra �xpense <br /> �nvo�ved in handling de �nquent pa ments, but such iilate charg�" shall not be payable <br /> out of the proce�ds of any sa�e ma �to satisfy the indebtedness secured hereby, unless <br /> such prac�eds ar� su�i�ient to dis�harge the entire �ndebtedness and all proper costs <br /> and expe nses s�cu red her��y. <br /> GUARANTY:Shouldthe❑epartment�fVeteransAffa�rsfailorrefusetoissueitsguaran#y <br /> in full amount within �� days from the�at�that this Eoan wou[d normally b�came�ligib�e <br /> for such guaranty committed u�an �y the De�artment �f Veterans Affairs u nder the <br /> �rov�sions af Title 38 of th�U.S.�od�"Veterans B�n�fits,"the Mor�gag�e may declar��he <br /> ind���edness hereby se�ured at once due and payabl�and may f�rec�os�imm��iatel or <br /> mayexercise any other ri�hts her�under�r#ake any otherproperacti�n as by�aw provi ed. <br /> TRANSFER �F THE PR�PERTY: This I�an may be declared �mmediate�y du� and <br /> payable u��n transf�r �f the pr�perty securing su�h Ioan to any transferee, unl�ss the <br /> a�ceptability of #he assumption of the I�an is �stablish�d pursuant to Section 37�4 of <br /> �hapter 37, Title 38, U n i#ed 5�ates ��de. <br /> An auth�rized transf�r �"assumpt�on"} of the property shall also be subj�Gt to addi�ional <br /> covenants and agr�em�nts as set f�rth below: <br /> �a} ASSUMPTI�N FUND�NG FEE:Afee �qual t� one-half of 1 p�rcen# �.50°/0} ofth� <br /> balance of this Ioan as of the date of#ransfer of the property shall be payable at the tim�of <br /> transfer to�he Ioan holder or its authorized a�ent,as truste�far the Department of V�terans <br /> VA GUARANTEEa L�AN AND ASSIJAAPTION P�LlCY RlDER <br /> Ellie Mae,lnc. Page � o�2 P8751ASR 031� <br /> P8751ASR tCLS} <br /> 1212212Q�5 Q8:�8 AM PST <br /> . .. ti <br /> ■ <br />
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