99107784 - Laserfiche WebLink

Browse

� . 99 107784 • (b) Transferee shall complete an assumption applicadon in such form, and shall provide such informakion and documentation, as Lender or its authorized agent may require; (c) Transferee shall pay to Lender 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 shall provide, among other tlungs, for the assumption by the Transferee of all of the liabilities and obligations of the Borrower 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 Securiry Instrument at such rates and on such terms as Lender or its authorized agent may require; (g) Transferee shall pay to I.ender or its authorized agent an assumption fee of ONE AND 0 0 0/10 0 0 pe�� ( 1.0 0 0 9�) 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 assumption and otherwise determines, in its reasonable discretion, that such assumption is appropriate. Except as expressly modified by this Assumption Rider, all of the provisions of the Security Instrument, the Note and all of the other Loan Documents shall 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 tlus Assumpdon Rider. � r.�i. Bon er nower BRY �M. ARTHUR � OCELYN J. ARTHUR Borrower Borrower SHIRLEY P. flC�C� Borrower Bonower Space below Uvs line for Acknowledgment ASSDMP1iON RIDFR na,�c sy.�..r�.(aoo��a9a�z Page 2 of 2 Borrowa Lutials �� --� � � � ASSRDR.OS