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202406000 <br />MIN: 1001056-3003007591-1 Loan #: 3003007591 <br />VA Case #: 34-34-6-0258595 <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 22nd day of November, 2024, and is incorporated into <br />and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Security Deed (the <br />"Security Instrument") of the same date given by the undersigned (the "Borrower") to secure Borrower's <br />Note to USAA Federal Savings Bank (the "Lender") of the same date and covering the Property <br />described in the Security Instrument and located at: <br />3046 W SCHIMMER DR, GRAND ISLAND, NE 68801 <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 />0 0 NI II 0 111111 <br />A <br />* 3 0 0 3 0 0 7 5 9 1 <br />MULTISTATE VA ASSUMPTION RIDER Single Family UNIFORM INSTRUMENT <br />Mortgage Cadence Document Center 0 3637 04! 0 Page 1 of 2 <br />II!I11N.l11B <br />