|
_
<br /> .. . .
<br /> . . . .. ..::, .
<br /> _ . - _ _ � _ _ ; - .. � - . . _ -
<br /> - _ _.._�-___-- _ . �
<br /> - -------_-. _..._
<br /> � . � � �� � _ � ,
<br /> --: ,��y--------_ ; - - - - -- — - � ` . . ' . � .._.._'_ . �.
<br /> ' . •. < < � . < <.. '� �
<br /> ---� � �. - --' -- � _ . _ .
<br /> . . . - ---- ---- -- - - - ...- ---- ----- -- .. _ ,_ _
<br /> � : . � � � � ` �, � c�.--�0333� .� , ` � ,
<br /> �
<br /> � VA ASSUMPTION INF4RMy�TI�N. RIDER � � . �
<br /> I _.; Y - •_ _ � � � � . . , ` , . , .
<br /> V - THIS'YA ASSUMPTION INFORMA7I�N dtIDER is maGe ti�is � 8tR' ' '
<br /> , ', � ' day of Jurie - , 19 90 , and is incorporated into �and f <.
<br /> , � shail 5e- d�em to amend and supptement the Mortgage, Deed of Tcust or • -
<br /> . : � �. ` Sec�rity Deed (the "Security instrument�') of the same date given by the :
<br /> ` `undersigned'�thc "Borrower"y to scc�re the Borrower's P+iote (the "Note") to � - •
<br /> � ° � . . COLt1MBIlS FEDERAL SAV�NGS BANK (the . � �
<br /> � . � "Lender"j of .thc same date and caveri�g the property descciEaed in the Security . _ � ,
<br /> - Instruanent artd located at: •. � � �
<br /> . ` � �_ � �6tT'EAST CAPITAL AVEt� , GRAND ISLAND;.�:�.:.`-�688t3i - . ' . .
<br /> ' , • � - . . Property Addr� , � . � `��=
<br /> . ::<. . ° ��� � ' :��� , . •
<br /> • � 1�. • "This Iaan is imrnediately due aad payable c�n transfer o� the property � �
<br /> • , � . � securing,such Ioan to any tran�fecee, unless the acc�ptability af the assumption . .
<br /> .� - i . � � �f the' loan is established pursuant to Section 18t7A of Chapter 37, Title 38, -
<br /> United States Code." • '
<br /> " � � , � 2. Funding��ee , . . -
<br /> . - i '�"A fee .equal to one-half of 1 percent of the balance of ihis loan ds of the� _ � .
<br /> ! date of transfer of the property shal! be payable at the tim:e �� transfer ta the � . �
<br /> . ; . . toan hotder or its authoriz�d age�t as t�ustee for tfte Adrtuc��;�ator of Veterans • �
<br /> - Rffai�s. If rC�p assumer fails to pay this fee at r.Er.s ttme e# transfec� the fe� �
<br /> .� shall c�nst�t����an ad�itional debt to that atready� ��red by this ��trum�nt, , �
<br />� . � shal! bear interest at the rate herein provided, a�d, at the e��:�n of• the payee �� �
<br /> the indebtedness hereby secured or any transferee thereof, st��ll be immediately . � 4 �"
<br /> � 4`..
<br /> � E due and payable. Tl�is fee is automatically waived if the assumer es �exempt � � _
<br /> i under ihe provisions of 38 U.S.C. 1829 (b)" ' �
<br /> � / .
<br /> • � 3. Procassing �hacge --
<br /> � "Upon application for approval to allow assumpt�ar�, of •thi5 loary a _
<br /> � processing fee may be charged by the toan holdec ar its authori�e��agent for
<br /> ' detesmining the creditworthiness ot the assumer dc��� subsequently re�•ising the
<br /> � holder's ownership records when an appr,oved transfer is eoRe���ted. The amount .
<br /> af �riis chargt shall not exceed the maximum� established by the Veterans` ' `
<br /> � Administration for a toan to which Section 1817A of Chapter 37, Title 38, United `
<br /> f � States Code applies." .
<br /> � .. � .
<br /> � ' 4. ,Indemnity Liability ��
<br /> �� "If this obligation is assumed, then the assurner here6y agrees ta assume � ! �"
<br /> i all of the ob�tgations of the vetecan under the terc�.s of the instrument� cieating ; �
<br /> and secuting the loan, including .the obligation of the veteran to indemniiy the .
<br /> Vetesans' Administration to the extent a� any claim payme:►t arising from the
<br /> . guaranty or insurance of the indebtedness�reated by this instr�ment."
<br /> . � �� ' .
<br /> B�'c.°' _ E �i1CK ' Borrower
<br /> � ' vtrne 8. 199U . � :turE f3. ty5►U .
<br /> � �',�t� Ddte -- .
<br /> . . �-= ------
<br /> , : � . .
<br /> . � . . . �
<br /> � . • ' ' �
<br /> ,
<br /> • h
<br /> . , . _ _ r� �..
<br /> , � �s
<br /> _ � .
<br /> - -� �-..���.... T�L �..- a .-s� - . � . � .. �_ � .- _
<br /> � � �-1- �st,�..s„� �a?t+�-,sft�t!"p,-'�` `-���� �--� '. `"L��"-!A`� �`�fRP� . . . : ' �.�.,.w �.�� — -
<br /> .L �., � . ... t1 _1 7.� ;-F: -�-4 �hJ . Z`°�_
<br /> �. , ' - ' �. - I• } 1. -
<br /> " . : _... S.`_�- ��.��—_�_�� _�-- . _ `.. ) .f� '_ � _
<br /> y
<br /> �
<br /> '_ �. _ — -- ;. — � �" . • , , - -
<br /> __ - __.. �— �'_ _ ' ' T ' _' .. _' '
<br /> �� c .-r - - - ---�Ir��� -- --��:. ,-.- - - ;�1� i i � �f�^�-�'_—.�_ - �:�. � � �
<br /> . 4; s.
<br /> �7" �
<br /> . .,. . � . -. . ' ' ' - .�f4,1��. . , . . . . ..'fi .A '�ti �•ftx.�a . . . � .�.. . . . .. t .�.; ?. .
<br />
|