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<br />�""�°Y� V.A. dUAWANTEED LOAN ANII AB9UMPTION YOLICX RIDEIt + _
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<br /> � �� .:� - THEIAPPROVAL O1P TI� DBF T��P V�TE�IlA�NS _ --- -
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<br /> � - "� " AI�FAIRS OR ITS AUTHORIZED QENT. `
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<br /> '` :-`::..'`� THI9 V.A.4UARANTBBD LOAN AND A39UMP740N POLICY RiDHR la maCe t61a �8T8 day o! _
<br /> ' �`�$'�';�,"" w�Y iY9D md ia luco�poreud iuto end�hall be dxmed w evcnd end cupptement Uro — ---
<br /> ���-f= Mongige,Dad otTiwtot Deedto 3ecvro Debt(deroin"SewdtylnstmmenC'Jdeied of area dazo 6erawl�h,given
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<br />;k;ti:t;;,�c,�;?; by tha mderolgued @ereln"Hotrower")�o eauro Borrower'e No:o w Norneat Mo[tgage,IDe.
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<br />'-�;��Ez"_:�...',�;. end oovering t6e Prop.rry described In the Secudry Inawment md�oc+ted az —.
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<br />- _ �-i-�Y°'��' 3316 �OLDID77tOD DRIVB. 0(!11liID IBLIIND, tiEBIN8IU 68801 ='-`-���- �
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<br /> ' ..,�:_1�:-' V.A.OIIARANTBBDIAAN COVBNANT:In eddldonro thecoveoanu end egceemenn made lutha Sewrlry e, . '„--.---_-_-_
<br />-��`°'-,s t-,:_,qS;- Insttument.Bortower ead I.ender Nrther avenev[md catte a�followr. -,.,__,
<br /> If the Indebtednesa �xund hemby be guarontced or irsurcd under 79pe 38,UWUd States Code, �ucb 7Yt1e md ,
<br />��, ' � �'=��'s� Reguletlom iuucd WereunCer md in et@a oa the data hereof thall govem tda dghte.dutla ead llabUftles ot �y <
<br /> �'- �'�'� Bocrower end I.ecdcr.Any pmvkior�of tha Seariry Instcumen[or other In�uumenn axauted in connectlon wlt6 �:
<br /> 1- -F���. tetd indebtednesf whieh em Incomisttat wi:h iNd Title or Ra !�[tom.fficluding,but not Umi;cd[o,lhe yrovlelon � r.� ;-
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<br /> i, ;c for paycient ot eny�um in comeetio¢ wi�6 prepayment of e secuced L�debtednw and the provislon�hat the � , "'.,;:=�
<br /> + -�I�� Leader mgy ecalera[e payment of�6e eewred indebtedau pursuane ro Coveoant 17 otthe Securlry Insmiment. d -.
<br /> ' �� :" ' are hereby awu�ded ot negetW ro tha exteot neceat�ry to confo�m wch inawmente to aaid 7Ytle or Regulatiom. �ti , ,-
<br /> . i- )ti. J�rs --
<br /> � }`T�3 ;t�} LATBCHAROB:Atl.endet'eop�ion,BO�verwill ay e"lataherge"aotexaedlugtourperantum(4%)oft6e �u� � - � �
<br /> -"�` overdua paymeat whea�zd mon�han fiftan Q�day�after�he due due t6ercot ro covu�he extra expense r's` �:?�-_=-
<br /> ` '� � Inwlved in hasdling del qurn[paymenu,buc eueh"IUeahazge"elull not be p�yabl¢out ot tLe prooeede of eny . �"Y �`<'� „- �__
<br /> �r- ��-_1� aale wdo[o se�is[y�6e indebtcdnw cmecd he(eby.udua wch pmacda azc nuificicut to dirihagc 16s wtttt � �� �_ _
<br /> ��,: .:- mdebtednea�md oit proper cosu md vx�xros�eziwred Lerrby. -- - .:.
<br /> < � ': OUARANTY:Shou.d the Depanment of Vuerane Affetn fell or rcfiue[o fuue tu guaranty in Poll cmomt wlWn � ;p j�_�, ,`'�
<br /> ,�1,+:�� 60 day+from che daie[hat�6i�loan wou:d nomWly berome NIgible for cech gueraory commltted upoo by�he +�� -•-;,, _�
<br /> , , -2��:;� .-.; Depanmen[ of Veecrms Affein under �he provisiona of Ti�Ie 36 0[t6e U.S.Code "VUerena&neBU.°tLe k� r� -;(;,,, _�
<br /> ->;;;..::. Mottg�geo may declare tLe tnde6:ednas Lercby seeured n ona due md payable eod may foreelou immedietely - � ;?�-�r
<br /> :!'; or may exercise any o�t:er dghq 6ercunder or teke my o�ler proper aaioa u by lew proWded. r _ti�j;- :;
<br /> - �s' � 7RANSPHR OP TH8 PROPHRTY:If sll or any put of�6e Pro,x[ty or eny intercs[in it i�eoid or t[aoskrted,thls `i' �-:� � `
<br /> -_r'��;;�. loan may be dalered immedtately due md paya6le upon tremfer("usumption"pt the property accudcg euch ' r -'�-i- ym
<br /> .. `• Ioan to any [rwttta C'assumer")Nnlw ehe eccepubility o[ �he assumption end trensfer of thit Ioa� Ia i>.�__,:;�:;;(i;_�
<br /> a�ablished by the Depanment of Vetewra Affelro or ip authorized esen[punuent to Sectlon 3714 of Chepter 37. - . '/ -:
<br /> �'-5 Title 36,Unfted S�a[a Code. � '"" �`-
<br /> i ;
<br /> M au�horized venskr("assumpUon"pt�he propeny shall alsa be:ubJat ro addiNonal coveomu and agceememe � -�� �+�
<br /> .., a�set fotth below: ,:•.:�,-�'•::'..,:•'-..�
<br /> . - "�` ��� (e) ASSUMPTION FUNDING FEE:A fee equel io ono-half of 1 perant L50%)of�he unpald pdncipal '� "- ' '�
<br /> ... . balena of is loen u of�he date of traaskr of the property chall be payable at �he tfine of �censfa ro the :>;.�<<;=:x:P�'��`�,i-,'
<br /> - mongagce or ics euthorized agen[,a�[nu�a for ihe Deparunent of Ve:erans Affain.tt�he essur.ur fail�to pay�hi� � �.�i�
<br /> fce et the Nme of transkr,[he fee ahdl conuimre an addi�ional debt to�hat already secured by�6!s Instmment,ahell <r .b��� ;
<br /> � � bcar{ntcrest at the rate hercin provided,and,a[the option of tF.e mongagee oC�he indebeedness hettby saured or ` �iC���„`:-�.
<br /> _ - eny ua�sferee�hereof,ahall be immedia:e:y due and payable.This fa is auromatically waived if�he auumer Is , _ r-�Y�;',; --
<br /> :�- _. . ezcmp[underthcprorisionsof38U.S.C.1829@). �� � �i;;�.�'�::
<br /> _;:� - @)ASSUMPTION PROCESSItiG CHARGF.:Voon� lication fora rovat to allow assum tion and tracskr �' `.'
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<br /> ' � � of this loan, a processing (ee may be charged by the mongagee or its aa�Aorized agen[ for ddernuni�g the � � - ,_ .,
<br /> ° -i creditwoM?nesa of tM1e auumer end subsequer.tiy revrsing the holder'a ownership raords when an epproved f -
<br /> i t:ensfer is completed.The amoant of this charge shall na[exceed the lesser of�he maximum atablished by the F -
<br /> I Depanment of Veterar.s Affain for a Imn to which Sepion 3714 ot Chapter 37,Title 38,United Stata Code
<br /> applies or any maximum prescri'�ed by applicable 9ate law. -
<br /> (c)ASSUMPTION I4DEMNITY LIADILITY:If�his obligation is assumed,�hea ihe assumen c�rcby agrces
<br /> lo assume all of�he obligalions of the ve:cran nnder the�ertns of the insm:mems crwting a�d securing�he loan,
<br /> includi�g�he obliga�ion of the vemran m indemni(y�he Depanment o(Ve�erons Affairs to the enem of any daim �
<br /> - paymmt arising from�he guaranty or insunnu of J:e indeb�edncss crcaced by�his ins:r�mem.
<br /> IN WITNESS WHEREOF.6ortowerts)hu execmed this V.A.Guarameed Loan and Assump�ion PoGCy Ridcr.
<br /> �_ _ .__�_ �' �19�7�,���.� -
<br /> � � uuman u naen �mr..�wer rtrw�n: �. niva � -eom�..�r
<br /> -Bnrmwer -OnrtoY'er
<br /> 1 V.A.OUAPANTEED LOAN AND ASSUMPTION POLICY NDER 2/87
<br /> � - -638A�OL0l vuvuM�O�GEfOWS O�l�]911�00 Oo0�5t>>}9�
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