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<br /> LAT�CHARtiE: At Lender's�pdon��orrawer v�Ul pay a'late charge"aot exce�ding fou �er centum •.-
<br /> � (4�6)of tlte overdue pnymeat when pald more thgn fifteen(1S)days after the due date the�eof ta covsr the
<br /> e�ctra expense involved in han d l i n g de l i as�uent paymen t s.b u t s u c t�"l a t e c h a r g e"s h a ll m o t t s e p a yable out of�
<br /> the pmceeds of any sale made to satisfy tho indebtedness sec�ed hereby, unless such p�'oceede are
<br /> sufficient to dischazge the entire ind�6tedness aad all proper casts emd expenses secured lnreb�.
<br /> (iUARANTY:Should the Departmzs►t of Veterans Affairs fail or refuse to issue its gu.anaty fu ���
<br /> within 60 days fmm the date that tmle toan v�ould normatty b�:ovie eUgibie for suc}�gu.^��ty �
<br /> upon by the Department of Veterans AfBairs under the provisions of Title 38 of the�1.S. Cod 18 a�n�d�m�a
<br /> Benefite." the Mortgagee may declare ihe iadebtedaeas liereby secured at once due and pa�ab
<br /> forerlose immediately or may eaercise ainy other rights her�w�er or take any other prop�- aalvn as by law
<br /> provlded.
<br /> TRANSFSYt OF THE PROPERTY:1his loa�may be deelaral immaUatety due aad�aya3�lo�an tranefa' —
<br /> of the property s$curing suah toan w any uar�sferee�unless the aooeptability of the assu��faa of the loaa °
<br /> is establishod ptusuant to Section 3714 of�tex 37.Title 36.United States Code.
<br /> An sutho:ized transfer("assumPtton') of the property ahall also lx subject to add3donalcavenants and
<br /> ageemeats as sct io�beiow: `
<br /> ' � (a)ASSLnVIP'�ION FITN�ING PEE: A fe��cji�al w one-hal�uf 1 percenf(.509b) of ttie Oalaace of this
<br /> loaa as af the dau of trensfer of tlne property shaU be payable at the time of transfer ro t]u IQan Soltlbr or
<br /> its authorized agent,as uvstce far,tUe Departmcnt of Veterana Affalrs. If tha a�,w�e�fa�ls t� F�'��
<br /> at the Wne of transfer.:he fee shall oonstItute an additional debt to that already secured b�t6is inst�um.ent.
<br /> � shall bear i�rest dt tha rate tiPrein provlde�,aad�at the option of the poyee oi the in�eM�ness hereby
<br /> secured ar sny transferte thereof,s�alt be immediazely due and payable. Tf►is fee�S auro�adca3ly waived if
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<br /> the assumer is exempt under the provtaiona of 38 U.S.C.3729(c).
<br /> ��Agg�p�Yp�Rnc�RCCtt�(3,CHARdB:Upoa appiicatioa for approval t�o ell�W assuntpdon of
<br /> thia loan,a Processin8 fee aia,y be charged b5!the loan holder or ita autharized age�f�s detem►ir,ing the
<br /> , , .. cralitworthiness o�' the assumer aaa subs�c�iieatly revising the holdar's ownsrsblp zaords when.:�nn
<br /> � approvecl uansfer is'complet�.The amount of this cherge shall not eace�d the m�udm�m�steblishai'l�Y .
<br /> ' tite Departm�nt of Veter�ns A�9`aita'tor a loan to which Se�tion 3714 of�tei'37,'Tid�.38,=Jntted States
<br /> Cude applis�. � . � ' �
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<br /> `�• . �838U 19706) 'Page 2 of 3
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