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201701172
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Last modified
7/28/2017 2:11:09 PM
Creation date
2/23/2017 9:24:19 AM
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DEEDS
Inst Number
201701172
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' � 2� 17� 1172 <br /> , . <br /> �A} ASSU M PT14N FU Na1 NG FEE:A fee equal ta one-ha�f of�percent�.5�%}af the unpaid <br /> principal balance�f this�oan as of�he date af transfer af�he prop�rty sha�l be payable at the time of transfer <br /> to the lnortgagee or its au�horized agent,as frustee for the Secretary of Veterans Affairs. �f the assumer fails <br /> to pay this fee at�he time of transfer,the fee shall constitute an addi�ianal debt ta that aiready secured by this <br /> instrument, shall bear interest at the rate herein pro�ided, and, at the optian of�he mor�gagee of the <br /> indebtedness hereby secured o.r any trai�sferee thereof, shal] be immedia�ely due and payable. This fee is <br /> au�amatically�ai�ed if the assumer is e�empt under th�pro�isions of 38 U.S.C. 37�9�c}. <br /> �B} ASS U M PTI�N PR��E5 S I N G �H AR�E: t]p�n application for approval to allov� <br /> � assump�ion5 and�ransfer of this�oan, a pracessing fee may be charged by the mortgagee or ��s au�horized <br /> agent far determining the creditworthiness of the assumer and subsequent�y re�ising�he h�lder's ovwnership <br /> records when an appr��ed transfer is completed. 7�he amount of this cha�-ge shall not exceed the maximum <br /> established by the I�epartment of Veterans Affairs for a laan to which sectian 3714 of Chapter 37, T�tle 3$, <br /> � United States�ode applies. " <br /> �C� ASSU II�PTI�N 1 NDEM NlTY LJABI LJTY: If this�b�igation is assumed,then the assumer <br /> hereby agrees to as�urne a�l of the abligations of the�eteran under the�erms of the instruments creating and <br /> secuxin��he loan, including the obl��at�on of the ve�eran ta ind�mnify the Departmen�of Veterans Affa�rs <br /> to the exten�of any c�aim paymen�arising from the guaranty or insuranc�of the indebtiedness c.reated by this <br /> instrument. <br /> IN �VITNESS WHERE�F, Mortgagar�s}has executed this Assumption Poli�y Rider. <br /> � <br /> � � . <br /> �� . <br /> (Sea�} �Sea1} <br /> J I M S E I M Mortgagor E L YN R. E I M Mortgagor <br /> �Seal} � �5ea�} <br /> . Mor�gagor Mo�tgagar <br /> �Sea�} �Seal} <br /> Mortgagar Mflrtgagor <br /> VA ASSIJMPTIQN P�LICY RI�ER " � DQCM��1C a 1 <br /> V APR RDR �91�5114 Pag e 2 vf � � � www.docmagic.cvm <br /> . � <br /> � <br />
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