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201705817
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Last modified
12/9/2019 6:39:38 PM
Creation date
8/28/2017 3:37:50 PM
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DEEDS
Inst Number
201705817
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MIN: 1001056- 3001021394 -6 Loan #: 3001021394 <br />VA Case #: 34- 34- 6- 0216436 <br />ASSUMPTION RIDER <br />201705817 <br />THIS LOAN IS NOT ASSUMABLE WITHOUT <br />THE APPROVAL OF THE DEPARTMENT OF <br />VETERANS AFFAIRS OR ITS AUTHORIZED <br />AGENT. <br />THIS ASSUMPTION RIDER is made this 28th day of August, 2017, and is incorporated into and <br />shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security <br />Instrument ") of the same date given by the undersigned (the "Borrower") to secure Borrower's Note to <br />USAA Federal Savings Bank (the "Lender ") of the same date and covering the Property described in the <br />Security Instrument and located at: <br />3752 FROSTFIRE AVE, GRAND ISLAND, NE 68803 <br />[Property Address] <br />ASSUMPTION COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows: <br />A. Acceleration Clause. This loan may be declared immediately due and payable upon <br />transfer of the property securing such loan to any transferee, unless the acceptability of the <br />assumption of the loan is established pursuant to Section 3714 of Chapter 37, Title 38, <br />United States Code. <br />B. Funding Fee Clause. A fee equal to one -half of 1 percent of the balance of this loan <br />as of the date of transfer of the property shall be payable at the time of transfer to the loan <br />holder or its authorized agent, as trustee for the Department of Veterans Affairs. If the <br />assumer fails to pay this fee at the time of transfer, the fee shall constitute an additional <br />debt to that already secured by this instrument, shall bear interest at the rate herein <br />1111 <br />* 3 0 0 1 0 2 1 3 9 4* <br />MULTISTATE VA ASSUMPT ON RIDER Single Family UNIFORM INSTRUMENT <br />Mortgage Cadence Document Center m 3637 04/10 Page 1 of 2 <br />i <br />A <br />i <br />
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