201700033 - Laserfiche WebLink

Browse

2� 17��33 L4AN#: 3314�4'�41 Affairs. �f the assumer fails to pay th�s f�e at the time �f transf�r, the fee shall constitute an additional debt to that a�ready secured by this instrument, shall bear interest at the rate her�in pr�vided, and, at the optian of the payee �f th� indebtedness hereby secured or any #ransferee thereof: shall be imm�d�ate�y due and pa able. This fee is aut�ma�ically waived if th� assumer�s exem t under th� prov�si�ns �f 8 LJ.S.C. 3729 �c}. �b} ASSUMPTIC]N PR�C S51N� CHARGE: Upon ap lication f�r appra�a[ t� a��ow assum tion ofthis 1oan,a pr�cessing f�e may be�harged by t e I�an hold�r or its authorized agent �r determin�ng the credifin�orth�ness of the assumer and subse u�ntly re�isin the h�lder's �wnership r�c�rds when an approved transf�r is completed. he amaunt o th�s charge shall not exc�ed th� maximum established by th� D�partm�nt of VeteransAffairs for a loan to which Section 37�4 of Chapter 3?, Title 38, United States ��de applies. �c} ASSUMPTI�N INDEMNlTY LIABILITY: If this �bligation is assumed, then the assumer h�reby agrees to assume all of th�obli ations of the veteran under the terms af the instrumen�s creating and securing th�Ioan. he assumer further agrees ta indemnify th� Departm�nt of Veterans Affa�rs ta the extent �f any claim �ayment arising from the guaranty or insurance of�he �nd�bt�dness created by th�s instrument. IN WITNE55 WHERE�F, Borr�wer�s} has executed this VA �uaranteed Laan and Assumption PaliGy Rid�r. . �._ . �... ��.�.�o r �Seal� M RTI N A.ZU LI� SKI �]ATE VA GUARANTEED L�AN AND ASSUMPTI�N POLICY RIDER E1lie Mae,inc. Page 2 of 2 P875�ASR �31� P8751ASR�CLS} 12122120�fi�8:28 AM P5T I a a..s� ■ a