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- --tee 4: IrtderFtritj {:;.,; -flit : If this obiigaVC n is assumed, then the assumear hereby agrees to assume all of the objl gations jt 'f tlha?.,.rc:eran under the terms of the instruments creating and securing the loan, including the ab� io3y;;ryraof U a veteran to indemrifnj Via Veterans Administration to the 6xyent of any claim payresnt arising troan the guArgrity or insurance ct Me indebtedness created by this instrument. Sy signing t;elow, Borrower accepts and agrees to the terms: and covenants contained in this VA GUARANTEED LOAN RIDISR. JQ41 W. Pom. Rom.ishx — - BETTY 1, ROJEWSKI r •• j 1 L LN A 230501068 VA GUARANTEED LOAN RIDER �g_, 10 1848 112493 (For use with FNMAIFHLMC uniform instruments to Veterans Administration guaranteed loans) THIS VA GUARANTEED LOAN RIDER is made this - 122H day of AARI=. , 19 -0--. and is incorporated into and shall be deemed to amend and supplement a Mortgage, Deed of Trust or Deed to Secure Debt (herein "Security Instrument ") dated of even date herewith, given by the undersigned (herein "Borrower") to secure Borrower's Note to OCCIDENTAL NEBRASKA FEDERAL SAVINGS BANK (herein "Lender") and covering the Property described in the security instrument and located at: 1820 WEST JOHN, GRAND ISLANDNE 68803 (Property Address) VA GUARANTEED LOAN COVENANT. In addition to the covenants and agreements made in the security instrument, Borrower and Lender further covenant and agree as follows: If the indebtedness secured hembg be guaranteed or insured under Title 38, United States Code, such Title and Regulations issued thereunder and in effect an the date hereof shall govern the rights. duties and liablities of Borrower'arid Lender Any provisions of the security instrument or other instruments_ Oxecuted in connection with said i.ndebtedrtess which are inconsistent with said Title or Regulations, incl- Ifiling, but not limited to, the provision for payment of any sum in ccsitisarr vilithreGiayrrtent of the seacuree irtiebtedness and the provision that the Lender may accelerate paprtrehtcfUle:securgtf indebtednesspursuantto Covenant 17 of the security instrument, are hereby amended or negated to the extent necessary to co7durm such instruments to said Title or Regulations. Borrower and Lender further agree to the following agreement and covenants as required by lrublic Law i 100.198: • C., f . 1. Acceleration Clause: This loan is immediately due and payable upon transfer of the property securing t such loan to any transferee, unless the acceptability of the assumption of the loan is established pursuant j to section 1817A of Chapter 37, Title 38, United States Code. r• �ru: 2. Funding Fee: A fee equal to one -half of 1 percent of 1iie balance of this loan as of the date of transfer of the property shall be payable at the time of transfer to tfte; loan holder or its authdriDs-d agent..as trustee -� for the Admirijt-alor of Veterans Affairs. Ii the a' --irner fails to pay this fee at the time of transfer, the fee shall constitute an additional debt to that already ealcured by this instrument, shall bear interea� at the rate herein proviso.. and, at the option of the payee oftha indebtedness hereby securedor any transferee thereof, shall be imn;mtfiately due and payable. This fee.!s automatically waived if the assurrisr 1,s exempt under the provisions U.S.0 1829(b). 3. Processing Charge: Upon appffci ation for approval to allow assumption of this'S4 z, a prd , s'sing fee may be chargW by the loan holder crWa authorized agent for. tik!'ermining the creditwor hiness of the assurnea . and subsequently revising the holder's ownership records rmen an approved transfer is corrpkTted. Ttni8 amount of this charge shall not exceed the maximum established by the Veterans' Administrai A:-):rn Ior a loan. to which section 1817A of Chapter 37. Title 36, United States Code a;pl[es. 4: IrtderFtritj {:;.,; -flit : If this obiigaVC n is assumed, then the assumear hereby agrees to assume all of the objl gations jt 'f tlha?.,.rc:eran under the terms of the instruments creating and securing the loan, including the ab� io3y;;ryraof U a veteran to indemrifnj Via Veterans Administration to the 6xyent of any claim payresnt arising troan the guArgrity or insurance ct Me indebtedness created by this instrument. Sy signing t;elow, Borrower accepts and agrees to the terms: and covenants contained in this VA GUARANTEED LOAN RIDISR. JQ41 W. Pom. Rom.ishx — - BETTY 1, ROJEWSKI r •• j 1 L