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99106159
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99106159
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Last modified
3/13/2012 6:08:23 PM
Creation date
10/20/2005 11:43:27 PM
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DEEDS
Inst Number
99106159
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'• + ' • � <br /> • RE-RECORDEQ <br /> 99-�asssy <br /> (b) Transferee shall complete an assumption application in such form, and shall provide such <br /> informadon and documentation, as Lender or its authorized agent may require; <br /> (c) Transferee shall pay to Lender or its authorized agent, upon the submission of Transferee's <br /> assumption applicadon, a processing fee of U.S $ 2 5 0 . 0 0 , for processing <br /> the assumption applicadon and determining Transferee's acceptability; <br /> (d) Lender or its authorized agent determines, in its sole discretion, that Transferee's <br /> creditworthiness is acceptable; <br /> (e) Lender or its authorized agent determines that Lender's security with respect to the <br /> Security Instrument, the Note and all of the other I.oan Documents will not be impaired <br /> by the assumpdon, and that the risk of a breach of any covenant or agreement in the <br /> Security Instrument, the Note or any of the other Loan Documents is acceptable; <br /> (� Transferee shall execute an assumption agreement in such form as I.ender or its authorized <br /> agent may require, wluch assumption agreement shall provide, among other things, for the <br /> assumption by the Transferee of all of the liabilities and obligations of the Borrower under <br /> the teims of the Security Instrument, the Note and all of the other Loan Documents, and <br /> for interest on the sums secured by the Security Instrument at such rates and on such terms <br /> as Lender or its aukhorized agent may require; <br /> (g) Transferee shall pay to Lender or its authorized agent an assumption fee of <br /> ONE AND 0 0 0/10 0 0 percent ( 1.0 0 0 �) <br /> of the outstan�ding principal balance of the Note as of the date of the assumption; and <br /> (h) I.ender obtains all required third party approvals and consents to Transferee's assumption <br /> and otherwise determines, in its reasonable discretion, that such assumption is appropriate. <br /> Except as expressly modified by this Assumpdon Rider, all of the provisions of khe Security <br /> Instrument, khe Note and all of the other Loan Documents shall remain in full force and effect in <br /> accordance with the terms thereof. <br /> BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions contained in <br /> this Assumption Rider. <br /> Bonower Bo ower <br /> KEITH L. SCHROLL NONA J. SCHROLL <br /> Borrower Bonower <br /> Bonower Borrower <br /> Space below this line for Acknowledgment <br /> ASSD1dP1iON RIDFR <br /> �«,�c sy.�.�.ceoo>6av-i� Page 2 of 2 <br /> Borrower Initials <br /> ASSRDR.OS <br />
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