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200105316 <br />(b) ASSUMPTION PROCESSING CHARGE: Upon application for approval to allow assumption <br />and transfer of this loan, a processing fee may be charged by the mortgagee or its authorized agent for <br />determining the creditworthiness of the assumer and subsequently revising the holder's ownership records <br />when an approved transfer is completed. The amount of this charge shall not exceed the lesser of the <br />maximum established by the Department of Veterans Affairs for a loan to which Section 3714 of Chapter <br />37, Title 38, United States Code applies or any maximum prescribed by applicable State law. <br />(c) ASSUMPTION INDEMNITY LIABILITY: If this obligation is assumed, then the assumer <br />hereby agrees to assume all of the obligations of the veteran under the terms of the instruments creating <br />and securing the loan, including the obligation of the veteran to indemnify the Department of Veterans <br />Affairs to the extent of any claim payment arising from the guaranty or insurance of the indebtedness <br />created by this instrument. <br />IN WITNESS WHEREOF, Mortgagor(s) has executed this Assumption Policy Rider. <br />Ewwv, L" I , (Seal) <br />RA OND J. WBERNISS JR. Mortgagor <br />(Seal) <br />Mortgagor <br />(Seal) <br />Mortgagor <br />GMD 0005 (1295) (page 2 of 2 pages) <br />