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201903458 <br />provided, and at the option of the payee of the indebtedness hereby secured or any <br />transferee thereof, shall be immediately due and payable. This fee is automatically waived <br />if the assumer is exempt under the provisions of 38 U.S.C. 3729(c). <br />C. Processing Charge Clause. Upon application for approval to allow assumption of <br />this loan, a processing fee may be charged by the loan holder or its authorized agent for <br />determining the creditworthiness of the assumer and subsequently revising the holders <br />ownership records when an approved transfer is completed. The amount of this charge <br />shall not exceed the maximum established by the Department of Veterans Affairs for a loan <br />to which Section 3714 of Chapter 37, Title 38, United States Code applies. <br />D. Indemnity Liability Assumption Clause. If this obligation is assumed, then the <br />assumer hereby agrees to assume all of the obligations of the veteran under the terms of <br />the instruments creating and securing the loan. The assumer further agrees to indemnify <br />the Department of Veterans Affairs to the extent of any claim payment arising from the <br />guaranty or insurance of the indebtedness created by this instrument. <br />BY SIGNING BE j , Borrower accepts and agrees to the terms and provisions contained in <br />pages 1 and 2 of • = mption Rider. <br />Borrower - Andrew S Magathan <br />Origination Company: USAA Federal Savings Bank <br />NMLSR ID: 401058 <br />Originator: Edgar Hakverdyan <br />NMLSR ID: 440957 <br />11 <br />1111111111 1111111111 II <br />,ter-eal) <br />EY AGATH is j <br />the executin of this Securi <br />Instrumen solely for the p se of <br />consenting to the encumb . nce of, <br />and waiving any homestead and/or <br />community property rights and, if <br />applicable, any dower, curtesy, or <br />other marital rights, in the described <br />Property; LACEY B MAGATHAN is <br />not assuming any personal liability <br />for payment of the debt secured <br />hereby. <br />* 3 0 0 1 8 4 7 3 5 6 <br />MULTISTATE VA ASSUMPT ON RIDER S ngle Family UNIFORM INSTRUMENT <br />Mortgage Cadence Document Center © 3637 04/10 Page 2 of 2 <br />iijlhl'A'hj'IhJ ilriiJ <br />