Laserfiche WebLink
r <br />I <br />VA HOME LOAN RIDER 91768 -1 -30 <br />104898 <br />THIS THIS VA HOME LOAN RIDER is made thin► .13... day of .... �Wit,2......... <br />19..$Q.., and is incorporated into and shall be doomed to amend and <br />supplement a Mortgage. Deed of Trust or Deed to Secure. Debt (herein <br />'scurfy Instruments dated of even dabs here *jn by the undersigned <br />'(iwreln 'Borrower') to secure Borrower's Note to FIRST FEIERAL SAVINGS <br />AND LOAN ASSOCIATION OF LINCOLN (heroin %jandeo and covering the <br />Property described In the security instrument and located at <br />202 West 13 Street Wood River Nebraska 68883 <br />(Property Addresa) <br />In addition to the covenants and agrsoments made in the security <br />insiaiu:nent, Borrower and Lender frftr c mnt and agree as follows: <br />As the indebtedness. > tEar� F :'% .tom bee' Waranta d- mr-. mod <br />Chapter 37 of Tiflis~ ; s Title aid Ra WWsons <br />.. <br />and in effect : dCrr . . ftereaf: gin the rights, dutlis . <br />and sabilmes C* 9orrower'and of Any provisions at the security instrument <br />which are instent with said 'Ke or Regulations, including, but not limited <br />to, the provision for payment of any sum. in connection with prepayment of <br />the secured indebtedness, are hereby amended or negated to the extent <br />necessary to conform such instruments to said Title or Regulations. <br />NEW SECTION 1817114 OF TITLE AND ROGULATiONc <br />This loan is immediately due and payable upon transfer of the property <br />securing such loan to any transferee, unless the acceptability of the assumption <br />of the ban Is established pursuant to Section 1817A of Chapter 37, Title <br />38, United States Code. <br />A fee equal to one -half of 1 percent of the balance of this loan as of <br />the date of transfer of the praporty shall be payable at the time of transfer <br />to the loan holder or Its authorized agent, as trustee for the Secretary <br />of Veterans Affairs. If the assurner falls to pay this fee at the time of <br />J transfer, the fee shall constitute an additional debt to that already secured <br />by this instrument; shall hear Interest at the rate herein provided, and, at. the <br />option of the payee of the indebtedness hereby secured or any transWoo <br />thereof, shall. bo immediately due and payable. This fe4 Is automatically waived <br />If We assumer is exempt under the provisions of 38 U.S.C. 1829(b). <br />i <br />i. <br />Upon. application for approval to allow assumption of this loser, a <br />processing fee may be charged by the loan holder or its authorized soint <br />for determining the creditworthiness of the assumer and subsequently <br />revising: the holder's ownership records when an approved transfer Is <br />completed. The amount of this charge shall not exceed the maximum <br />established by the Veterans Administration for a loan to which Section <br />1817A of Chapter 37, Title 38, United States Code applies. <br />If this obligation Is assumed, then the assumer hereby agrees to <br />assume all of the obligations of the veteran under the terms of the instruments <br />creating and securing the loan, including the obligation of the veteran to <br />Indemnify the Veterans Administration to the extent of any claim payment <br />arlsing from the guaranty or insurance of the Indebtedness created by this <br />instrument. <br />IN THE EVENT THAT THIS LOAN IS DETERMINED TO BE INELIGIBLE FOR <br />LOMI GUARANTY BY THE VETERANS ADMINISTRATION, THE ENTIRE LOAN <br />MAY BE DEEMED DUE AND PAYABLE AT THE OPTION OF THE MORTGAGEE. <br />IN WITNESS WHEREOF, Borrower has executed this VA Guaranteed <br />Loan Rider. <br />: lknIL r <br />(Seat) <br />( 8a��cwer <br />(i dm VAA p1m) <br />VA HOME LOAN R,6LA --Ste4a Family FNfA #iLfAC Uraform Instrument <br />7 <br />I <br />: <br />t: <br />4F <br />n <br />r <br />1 <br />