99103935 - Laserfiche WebLink

Browse

� 99�(�3935 . �� (b) Transferee shall complete an assumption application in such form, and shall provide such information and documentation, as Lender or its authorized agent may require; (c) Transferee shall pay to L,ender or its authorized agent, upon the submission of Transferee's assumption application, a processing fee of U.S $ 2 5 0 . 0 0 ,for processing the assumption application and determining Transferee's acceptability; (d) Lender or its authorized agent determines, in its sole discretion, that Transferee's creditworthiness is acceptable; (e) Lender or its authorized agent determines that Lender's security with respect to the Security Instrument, the Note and all of the other Loan Documents will not be impaired by the assumption, and that the risk of a breach of any covenant or agreement in the Security Instrument, the Note or any of the other Loan Documents is acceptable; (� Transferee shall execute an assumption agreement in such form as Lender or its authorized agent may require, which assumption agreement sha11 provide, among other things, for the assumption by the Transferee of all of the liabilities and obligations of the Bonower under the terms of the Security Instrument, the Note and all of the other Loan Documents, and for interest on the sums secured by the Security Instrument at such rates and on such terms as Lender or its authorized agent may require; (g) Transferee sha11 pay to Lender or its authorized agent an assumption fee of ONE AND 000/1000 percent ( 1 . 000 �) of the outstanding principal balance of the Note as of the date of the assumption; and (h) Lender obtains all required third party approvals and consents to Transferee's assumpdon and otherwise determines, in its reasonable discretion, that such assumption is appropriate. Except as expressly modified by this Assumption Rider, a11 of the provisions of the Security Instrument, the Note and all of the other Loan Documents sball remain in full force and effect in accordance with the terms thereof. BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions contained in this Assumption Rider. , ' 9 " �� Bo we Borro r GREGO Y W. SCHREINER MARILYN H. SCHREINER Borrower Borrower Bonower Bonower Space below this line for Acknowledgment ASSDMPlION RIDIIt n�� sy-,�,r�.(soo>�av-i�2 Page 2 of 2 Borrower Initials �✓� _ _ _ _ ASSRDR.OS