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202104696 <br />MIN: 1001040-8810581195-2 Loan #: 8810581195 <br />VA Case #: 343460243141 <br />ASSUMPTION RIDER <br />THIS LOAN IS NOT ASSUMABLE WITHOUT <br />THE APPROVAL OF THE DEPARTMENT OF <br />VETERANS AFFAIRS OR ITS AUTHORIZED <br />AGENT. <br />THIS ASSUMPTION RIDER is made this 2nd day of June, 2021, and is incorporated into and <br />shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the "Security <br />Instrument") of the same date given by the undersigned (the "Borrower") to secure Borrower's Note to <br />Bank of the West, a California state banking corporation (the "Lender") of the same date and <br />covering the Property described in the Security Instrument and located at: <br />4358 RODNEY CIR, GRAND ISLAND, NE 68803 <br />[Property Address] <br />ASSUMPTION COVENANTS. In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows: <br />A. Acceleration Clause. This loan may be declared immediately due and payable upon <br />transfer of the property securing such loan to any transferee, unless the acceptability of the <br />assumption of the loan is established pursuant to Section 3714 of Chapter 37, Title 38, <br />United States Code. <br />B. Funding Fee Clause. A fee equal to one-half of 1 percent of the balance of this loan <br />as of the date of transfer of the property shall be payable at the time of transfer to the loan <br />holder or its authorized agent, as trustee for the Department of Veterans Affairs. If the <br />assumer fails to pay this fee at the time of transfer, the fee shall constitute an additional <br />debt to that already secured by this instrument, shall bear interest at the rate herein <br />u <br />1 <br />1111111111111111111 11 <br />* 8 8 1 O 5 8 1 1 9 5 * <br />MULT STATE VA ASSUMPTION RIDER Single Family UNIFORM INSTRUMENT <br />Mortgage Cadence Document Center ® 3637 04/10 Page 1 of 2 <br />11 <br />1 <br />A <br />1 <br />111111111111 <br />