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202001237 <br />by this instrument, shall bear interest at the rate herein provided, and, at the option of the payee of the <br />indebtedness hereby secured or any transferee thereof, shall be immediately due and payable. This fee <br />is automatically waived if the assumer is exempt under the provisions of 38 U.S.C. 3729 (c). <br />(b) Assumption Processing Charge: 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 determining <br />the creditworthiness of the assumer and subsequently revising the holder's ownership records when an <br />approved transfer is completed. The amount of this charge shall not exceed the maximum established <br />by the Department of Veterans Affairs for a loan to which Section 3714 of Chapter 37, Title 38, United <br />States Code applies. <br />(c) Assumption Indemnity Liability: If this obligation is assumed, then the assumer hereby <br />agrees to assume all of the obligations of the veteran under the terms of the instruments creating and <br />securing the loan. The assumer further agrees to indemnify the Department of Veterans Affairs to the <br />extent of any claim payment arising from the guaranty or insurance of the indebtedness created by this <br />instrument. <br />IN WITNESS WHEREOF, Borrower(s) has executed this VA Guaranteed Loan And Assumption Policy <br />Rider. <br />Borrower <br />17a//?_c �o <br />Dominic Torres <br />Date <br />Seal <br />An g la M Torres Date <br />Seal <br />1417236 <br />Rider VA Guaranteed Loan and Assumption Policy -NE <br />Wolters Kluwer Financial Services, Inc. 01/2019 <br />2020021920.1.0.2765-J20190326Y Page 2 of 2 <br />