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99 1 � 8921 <br /> (b) Transferee shall complete an assumption application in such form, and shall provide such <br /> information 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 application, a processing fee of U.S $ 2 5 0 . 0 0 , for processing <br /> the assumption application and determining Transferee's acceptability; <br /> (d) Lender or its authorized agent detemunes, 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 Loan Documents will not be impaired <br /> by the assumption, 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 /> (fl Transferee shall execute an assumption agreement in such form as Lender or its authorized <br /> agent may require, which 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 terms 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 authorized 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 outstanding principal balance of the Note as of the date of the assumption; and <br /> (h) Lender obtains all required third party approvals and consents to Transferee's assumption <br /> and otherwise deternunes, in its reasonable discretion, that such assumption is appropriate. <br /> Except as expressly modified by this Assumption Rider, all of the provisions of the Security <br /> Instrument, the 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, Bonower accepts and agrees to the terms and provisions contained in <br /> this Assumption Rider. <br /> Borrower Borrower <br /> MICKEY L. HATCHER SHERRI L. HATCHER <br /> ,�� O� <br /> � <br /> Borrower Bonower <br /> RICHARD L. HATCHER CARO J. HATCHER <br /> Borrower Borrower <br /> Space below this line for Acknowledgment <br /> ASSUMP'IION RIDER <br /> Document Systems,Inc.(800)649-1362 Page 2 of 2 �//1�,���,`� /��� <br /> Borrower Initials «/�I�L � <br /> ASSRDR2.OS __,.__ . <br />