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<br /> ' 91- 1U2606
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<br /> � VA ASSUMPTION_tNFORMATION RIDER
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<br /> _ a,:•:,�;;��. .4 � THIS VA ASSUMPTION INPORMATION R1DER ic made this r+r�
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<br /> . •;t".;''� da oi . 19 _��, and is inco�porated into and �--�
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<br /> �� °•�, � shall be eeme to amen a� supplement the Mo�tgager Deed oi Trust or
<br /> � ``• .�.`�:::.': Security Deed (the "Security lostrument") oi the same date given by the
<br /> -' �]�j��"�`''�"�`��•t`� undersigned (the "Borrower") to secu�e the Borrower's Note (the "Nota") to
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<br /> � �,::;,.,:�•..�. �n111MR11S F'FflG'liel �uiNra aewc
<br /> ��� - " � "Lender") of the same date and covering the property ef�escribed in the Security
<br /> r.�. ,` ' Inst�ument and tocated at:
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<br />��p?��`��a' '� �r.�;�:ail.,�� Property dress ,;.,:
<br />�y,`S(siel�� %�.. :4 "_ ��G.?�;A�;�:�
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<br /> � '`�'`' !, "This loan is �mmediately due and payable upon transler oi the property �'"r`
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<br /> i . �,� ''f �, securing such laan to any transferee� unless the acceptability oi the assumptnon �;�==-��
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<br /> � �•...;, ;, •, of the loan is established pursuant to SecUon 1817A of Chapter 37� Title 38� • az_-
<br />�� '� ' � United States Code." �-L��
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<br />;.,r � ';;.'•� ' • 2. Fundin8 Fee .:>>�;;_�_.
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<br /> .,�. .� � "A fee equal to ocie-hati ot 1 perce�t oY the balance of this loan as of the �a..._
<br />;. ,.=�'�'�. � � ' � date of transfer of the property shali be payable at the time of transfer to the o���w�«.
<br />;.. :�li��; . ;' loan holder or its authocized age�t as trustee for the Administrator of Veterans 5��,;:�;
<br /> � � �I,;�'; Afiairs. If the assurner fails to pay this fee at the time of transfer, the fee ��=----_
<br /> s . ,�:f.,,�„ .;ha!! constituie an additions�l debt to that already secured by this instrument, ��,,,��;,; N__-
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<br /> � � � � ��.��:.;;.:� shall bear interest at the r�te herein provided, and, at the option of the payee oi .:,.,;._;;,,_
<br /> ' ', '�,tr` .'�.;�,:'`�i';;;r,;-'�, the indebtedness hereby secured or any transieree thereof� shall be immediately ._ -�'" -
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<br /> ;,,���'��'• � •., • due and payable. This fee is automattcally waived if the assumer is exempt _——__-.• �`!- `
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<br /> � �;,�•�;:,�;, � u�der the provisions of 38 U.S.C. �829 (b). ,� L
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<br /> : ; � .,�::; ���:i,,;,,.~�t,; 3, Processi�g Charge =-.---
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<br />..,s��� .� '. "'(�l.1.: :: 11 p �i.�r.a� �NY-.'-'
<br />.'p.�- . "41�%'•4"�St�j';:;;.,,+, Upon application for approval to allow assum tion of this loan� a ��-,�—��
<br /> �� �E����:r�'{'��� ''�'�' rocessin fee ma be char ed b the loan holder or its authorized agent for =-:,_.��---
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<br /> � '�";���;'`1�+� �•,<'��":" determinln the creditworthiness of the assumer and subsequently revising the ;
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<br /> ";��:��'���:�� ` '� � holder's ownership records when an approved transfer is completed. The amount -
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<br /> _ , , " „'�:� of this charge shall not exceed the maximum established by the Veterans' ��.�,� �-
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<br />�`.t� ,'� : '� `� • Administration for a loan to which Section 1817A of Chapter 37� Tit le 3 8� Uni te d ;k�-,�-���:••
<br /> t ��?:;� , " Statcs Cod� applies." ,;:�in,R�:�-=
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<br /> .. 4. Indemnity Liability �'"���„�a r..,.:
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<br />� •+��M•� "If this obligation is assumed� then the assumer hereby agrees to assume �.. ' ,�; �
<br /> • " A�It:r,
<br /> � �' � '31��'J��':, aU of the obli ations of the veteran under the terms of the instruments creating
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<br />; ' � �'a!J����. ;.,;,;';,���. . and securing the loan, including the obligation of the veteran to indemnify the ; � ,._
<br /> � "'y' • '' Veterans' Administration to the extent of any clairn payment ansing from the
<br /> _�,; ` �r;.ir� �:ti��u,i.:, � , ` ��� - .
<br /> �.,,;.. ���, guaranty or insurance of the indebtedness created by this instrume�t:' p _
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<br />-'. � �:j',j�ii�� '`1 .1. 1 �. Borrower
<br />'i�;. , r�: '. . .�;,.� Borr er
<br /> ' • � �"�f'��` •''• RAY SAMUEL GUEST JR ( -• � �
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