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cwt �, - �� °. !'4`, ; 'r�rr�r' 1F ,;; `� .� ,.��`'`� ti�y�t;; ;' r , .r.�,. i, ; • ..; ,_ 7i 1�''�pgrdM`:.. Y. ... ... ta' �'- '.___- �.- .�.Se'..,..�i.�.... -�: ._ fix.. ..... •I: - � ..... - �.- ..,, -.-• - ^-.-- ..,.mom ,�- ��s= cis..,r _ _ -_ _ __._.��..__ . - -.':- - •::�- ice" -:c ... , _- -�._.. - 90-10624WO - - VA ASSUMPTION INFORMATION RIDER THIS VA ASSUMPTION INFORMATION RIDER is made this day of Uct ohFr , 19 90 , and is incorporated into and +�•�- shad be deemed to amend and supplement tFe Mortgage, Oeed of Trust or Security Deed (the "Security Instrument ") of the same date given by the ..rte,_ ;._.•, undersigned (the "Borrower ") to secure the Borrower's Note (the "Note") to = rOl11M811S FEDERAI. SAVINGS BANK (the "Lender ") of the. same date and covering the property described in the Security Instrument and located at: 235 SOUTH VINE GR D ISLOND.-NE Property Address 1, "This loan is immediately due and payable upon transfer of the property securing such loan to any transferee, unless the acceptability of the assumption_ of the loan is established pursuant to Section 1817A of Chapter. 37, Title 38, ; United States Code." 2. Funding Fee "A fee equal to one -half of 1 percent of the balance of this loan as of the date of transfer of the property shall be payable at the time of transfer to the loan holder or its authorized agent as trustee for the Administrator of Veterans Affairs. If the assumer fails to pay this fee at the time of transfer, the fee shall constitute an additional debt to that already secured by this instrument, :.. shall bear interest at the rate herein provided, and, at the option of the payee of the indebtedness hereby secured or any transferee thereof, shall be immediately due and payable. This fee is automatically waived if the assumer is exempt der the provisions of 38 U.S.C. 1829 .*' Un (b) 3. Processing Charge "Upon application for approval to allow assumption ad this' -loan, a processing fee may be charged by the loan holder or its authorized agent for determining the creditworthiness of the assumer and subsequently revising the holder's ownership records when an approved transfer is completed. The amount of this charge shall not exceed the maximum established by the Veterans' Administration for, ; a: loan to which Section 1817A of Chapter 37, Title 38, United States Code applie's.'" 4. Indemnity Liability "If this obligation is atsstjmed, then the ass' umer hereby agrees to assume all of the obligations of the veteran under the terms of the instruments creating and securing the loan, including the obligation of the veteran to indemnify the Veterans' Administration to the extent of any claim payment arising from the guaranty or insurance of the indebtedness created b;.'-this instrument." Borrower Borrower HUNTER MULLEIN I 1 t FnNNIF MIJIJ FN October 3t . V9�Wl nrt (ibPr 'a1 , 1, 99n ,• ` " Date Date