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-E. yaiF�'1� '4:.M+ni.11 ,WiVi1r ::':: lar•r`�i1:�j41i.'. •?•m'i rrn ' ^..f i.:. was. :� ...; !•:��•, �.1_ f }, i'i4.. 11 4 aS 1F - .��•r1 .-T. :1 -- .� �Y.. 75'J 5 __7,1 l �_. .if f l7 tf llrits l �j�..'F}�/t.+ SI eLiFt M1� "Kf �Y .___ ! : \. - r•'LT1:j ..: yy�i� t - ; : ist;•x l:�AC.+i. i�a _.eY_i 1. r+ � Vk.: rr• HI � - >tt.i#�' Rti �FS 1._ lu okl . .._.. -..r .ter...._...... -. . LOAN 4 010227655 -- 90.� 106721 VA ASSM"IM Ili>WEATIOM MMA Ma VA AgSMMION ILMOMTI011 RIDI1R Is made this 24TH day of NnyEMRER ,19JA* and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (the "Security Instrument ") of the same date given by the undersigned (the "Borrower ") to secure the Borrower's Note (the "Note ") to,___„__ CCMIERCIAL FEDERAL MORTGAGE CORPORA7ION (the "Lender ") of the same date and covering the property described in the Security Instrument and located ati 1704 N EDDY, GRAND ISLAND, NE 68801 (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 p&y&ble at ttfle time of transfer to the Loan holder at its authorized agent as trustee for the Admin.1str_ator of Veterans 4ffairs. Ff the assumer fails, to pay this fee at the timr of ttrameffer, the fee shall; c(sn.stTtmte an a$,dEt.ional debt to that already secured by this instrument,, shall bear inteaeit at the rate herein provided, and, at the option aff the payee of the.tadebtedness here4F'secured or any.tramsferee thereof, shaLt be immediitely diie'and payab)e. This fee is automat- ically waived-if the assumer is exempt under the.provisions of 38 U.S.-I. 1829 (b)." 3. ProcessIM Charge "Upon apPLication for approval to allow ass.uiavtion of this loan, a processing fee may be charged' by the loan holder or i>s,authortzed agent for determining the credit- worthiness of the &6sr,•mer and subsequemc lk'revising the holder's ownership records when an approved trawfer is completed) 'The amount of this charge shall not exceed the maximurm established by the pterans' Administration for a loan to-which Section 1817A of Chapter 37, Title 38; United States Code applies." 4: Indesmity Liability "If thf;.s obligation is assumed, then the ass=er hereby agrees to assume -all of ii obligations of the veteran under the terms of the instruments creating , securing. the loan, including tti,,e obligation of the veteran to ind:emsify the v'eterana" &iminis- tration to the ext4 tt of any claim payment arising from the guaranty or ins. mince of the indebtedness created by this instruden.t:." I% s (B GiER) T 5 J.:{bE (DATE) l 1 '• ' (BORROWER) KATMLENE M WELLS (DATE) (BORROWER) (BORROWER) (DATE) T.MC-222 (3/88) 1p 1. �1 t ft . t ,