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201700477
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Last modified
7/28/2017 1:39:16 PM
Creation date
1/23/2017 2:59:08 PM
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DEEDS
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201700477
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2� 17��477 <br /> L�AN#: '�9'��2546aS <br /> CAS E#: 34-34-G-�2'I 35'16 <br /> M I N: 'I�'f D1?9-���D2�993�-� <br /> VA �UARANTEED L�AN AND ASSUIVIPTI�N P�LICY RI�ER <br /> N � <br /> T E. TH� <br /> L AN 1 <br /> N TA <br /> MAB LE IN�TH <br /> T <br /> TH E AP P <br /> R VA L F T H <br /> E a <br /> E F�A RT M <br /> ENT F <br /> VETERAN AFF <br /> � A�R <br /> �R IT A T <br /> U H R��E a A E NT <br /> � . <br /> Tf�IS VA �VARANTEED L�AN AND ASSUMPTI�N POLI�Y RIDER is mad� this <br /> '�3th day of January, 20�7, and is incorporated into and shai! be d�em�d <br /> to amend and supplement the M�rtgage, Deed of Trust or Deed to Se�ur� Debt her�in <br /> "5e�ur�ty lnstrum�nt"} dated of �ven date herewi#h, given �y the undersigne� herein <br /> "Borrower"} to �ecur� B�rrower's N�te to The Federal Sa��ngs Bank,a F�dera�Sa�ings <br /> Bank <br /> �herein "Lender"} <br /> and c�vering the Prop�rty described �n �he �ecurity lnstrument and Iocated a# <br /> 'I'1�3 Nebraska A�e <br /> Grand Island, NE GS8�� <br /> VA�UARANTEED L�AN��VENANT:!n ad�ition to th�co�enants and agr�ements mad� <br /> in th� Security Instrument, Borrower and L�nder further cavenant and agr�� as fo�lows: <br /> !f the inde�tedness secured h�re��be guara�teed or insured underTitle 38,Un�ted States <br /> C�de,such Title and R�gu�at��ns�ssued ther�und�r and in�ffect on th�date her�of shall <br /> or�ern the rEghts,duties and liabi�ities of Borr�werand Lend�r.Any provisions of the Securi <br /> nstrum�nt or oth�r instruments execut�d in conne�tion w�th said ind�b�edness whic <br /> are incor�sistent with said Title or Re�u�ations, inc�uding, but not limited to, the prav�s��n <br /> far payment of any sum in conn�ctian with prepayment �f the secur�d �ndebtedness <br /> and the provis�on that the Lender may accel�rate payment�f the secured �nde�tedness <br /> pursuant to C���nant 18 of the S�curit� lnstrument, are hereby amended or negat�d ta <br /> the ext�nt necessary to c�nform such instruments to said Title or R�gulations. <br /> LATE�HAR�E:At Lender's opt�on,and as all�w�d byapplicabi�state law, Barrawerwill <br /> pa� a iifate char �" nat exceeding f�ur per centum �4°Io} of the overdue payment wh�n <br /> �a�d more than �fteen 1�} days after the d u� dat� thereof t� caver the �xtra �xpense <br /> invo�ved in handling de inquent pa ments, but suGh "lat� charge" Shall not be payable <br /> �ut of th�proce�ds of any sal�ma e to satisfy the.indehtedness secured h�reby, unless <br /> such proceeds are suffi��ent to discharge the �nt�r� indebtedness and all proper c�sts <br /> and �xpenses secured her�by. <br /> �UARANTY: Should the DepartmentofVe�eransAffairsfail�rrefuset��ssue itsguaranty <br /> in fu1� amount within ��days from th�date that this I�an wou�d norma��y become eligible <br /> f�r such guaranty c�mmitte� upon by the ae artm�nt �f Veterans Affairs under the <br /> �rovisionsofTit�e38 ofth�U.�.��de"Veteran� ene�ts,"the M�rtgagee maydec�arethe <br /> inde�tedness hereby secured at once du�and payab�e and may foreclose immediatel or <br /> may exercise any�th�r r��hts hereund�r ortak�any other prop�r actian as by law provi �d. <br /> TRANSFER �F THE PR�PERTY: This laan may be d�c[ared immediately due and <br /> payable u �n transfer �f the property securing such foan to any transfer�e, unEess the <br /> a�ceptabi ity of the assumption of the loan is establ�shed pursuant to Section 37�4 of <br /> �hapter 37, Title 38, Unit�d States �ode. <br /> An authorized transfer �iiassumption"} of th� prope�ty shall als� be subject t� additional <br /> cavenants and agre�m�nts as set forth b�l�w: <br /> �a} ASSUMPTI�N FUND�NG FEE:A fee�qual ta on�-half of� percent�.5�°/0} of the <br /> balance af this��an as af the date of transfer of the pr�perty shal� b�payabl�at the time�f <br /> transferto the Ioan hvlder or�ts authoriz�d agen#,as truste�for the Department Ve erans <br /> � <br /> VA GtJARANTEE�LaAN AND A55UMPTt�N P�LlCY RIDER I171tIaI5: � <br /> Ellie Mae,Inc. Page 1 of� P875�ASR 43�1 <br /> P8751ASF��CLS} <br /> �. .. <br /> . <br />
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