|
1":^'�:d". � " �r�.� . ��' F k. . :�
<br /> 1-� ' . ' - � . � •t- � � -
<br /> _ �: . � � � " Ts Fly'1 t'y�� C LS'�'� ` _ _ _ ' - �c _-.
<br /> �� ' -� - ` ;a'.-k�7�e4°Ta ' _ � .�. -_.
<br /> �' , .
<br /> :� �a�.
<br /> .; ` . <, ` . -- . � �i.:- - _ _ - ...... . . . � �_ - _ _._
<br /> `� � :t..
<br /> -.F�.�i;3��� � � ,{ , ,- - • . ` . . .
<br /> -_ -- _ - _ - � . . � - � , 91-iQ'r��'�` .
<br /> � . �
<br /> ' � • � ` VA Loan Rider �
<br /> - — � • ��� � � .
<br /> _ �. . e74489 _ - VALR
<br /> ��
<br /> ,�.��� , �
<br /> �.� TNlS VIt LOANRtpFAis made 1his23�p,.day ot • '
<br /> - l99�to amend a�ad suppfemeruthe Secur�Y�nsIIrument of Me sa�e date glvenby me/us(sometimes
<br /> :��. referred to as�arrcwers?to secure mylYvte wit�reaJ esCate to NawestMormage.tr�("LendefJ� •
<br /> - ofdre sarrte date(the Note7 aa�wvering ure pro�ris!desaibedln the Secrrrity Insuumerrt ertatloc�tedat
<br /> - 223 EA_S�1�H �TR�E'L_ 1iRA1Vn f I���� °=---� � --- '
<br /> . . .
<br /> . � In addii+on to the cavenants and agreements made in tl►e Seaarry Insdumern , � . -
<br /> - . Ulve artO tender h�rtlre►cbvenar»�nrf agree as foUows: , _
<br /> f=-- - -_--
<br /> - A Rpulatlons(38 C.F.q.Part 36)lssued unde►the Depardrrent ot Yetarans Alla�rs�'VA'►puaraateed k�an
<br /> ` � •�' .� audwrfry l38 U S.C.Chapfer371 and in eflect on the date otloan closing srta0govem the rigMs.duaes �=--
<br /> ' �z -, and lia�b(I'�res otthe paNes to th7s loan and any provisfons al thl�Se{�rity Jnsdument whicA ar�incon4islent �—
<br /> �_,
<br /> ` _ .�._ �,_ witAsuoh regula6ons arsherebyamended andsuyptemented oanform d�ereto. , �—�-`�' -
<br /> -,�>
<br /> � ' '�;. .
<br /> ' � B. In the eve�rt this laan!s notguaranteed by ttre VA withln i20daysaftert►tedateot toan c/asin�tAeen3re ��-
<br /> , '-�:��- oulstanding balance secured by Efrls SeCUriry.lnstrumentmay be dedare�0due and paya6le at Ure opAOrrot. �' �--
<br /> �',�;:—
<br /> ' :'-,-:}>' theLender. � s�'
<br /> '" �=�� � Il. �(QDtF1CATlONOFCOVENANTS.Bonawer�r�Lenderhere6ya�reetoamendthefillowingcovenarrGsarrd
<br /> , ���;'� .. , ,; `;;�.: _
<br /> , . agreementsmadein the Secwirylnsuument . . _-=--., _ --
<br /> =!i .„`` � �� Se�cbon t7of Lire�ecurity InsOVment is herebyufeleted and the followirtg t?.c-�age is subs6luted in its place: .� � ' ���a��
<br /> ` S�l, ::,� z '` • '�.
<br /> �,;. . fiis/oan may.2�L+�r.s opti�n afthe frolder.beonrmeimmediatety due artd���upon transferolthe pr�,Pt� �;.� �.�,_.,
<br /> �' �''�-(;iiaf���� , secudng such laan toar,ry�a�[�s��nlesss'1'r�acoeptabilfry o/the assump�orr ot theloan is esta�ifcsf;r�aerrsuant '�°�
<br /> � � ��. r.•, �4', . 5: . .. :---
<br /> .,.� °'_.:.'�ft���' t':' t03BU.S.G.SeCA�On18f4. - J , '
<br /> ;�}���:�'. �e=-''"�,�`c�t r�.c�ca3m ot the balance ot this loan as ol the date ol trarrsfc��f.!he `' `.,(���
<br /> _�.�,t�;y;. � a. Fundin=Fee. A fee equal t3 �-'? _ --•`
<br /> � �=" '•'��" ProPerty sha!►be Aayable at the tirrste oi trv;�er�s.;he Lender,as trustee fa the Departmem of Vefe�^��1 i 3 1rs. . :�_=
<br /> . �:. `,4, :`, . . :t , .: �.
<br /> � ' �� '��f��� + ff the assumerfa�7s fo pay thls fea atfhe time u�`tran s ler,Cre tae s h a H cons d t u t e an a a f d i 6 on af d ebttc��'3 a d Y ;,: �
<br /> '—�' � �,;�.�Rt�i• �:�.,. _ � :1?0=
<br /> : ��,. � �:�l�.<<.�. ,. '�
<br /> t .,;�, .. . .� . sea�red by thls lnstroment,shall bearinterestat the rate�erein provlded,and.at the oplion ot the pa;��the ,
<br /> � � •{�'``",�'• • • lndebtedness he;�b/secured orany transferee theieol.sbaU be immediatety due and payabfe. Tl�ris���s • ..'�,�
<br /> '•. .,. . �, ;�.:
<br /> '•�.., . � -
<br /> r .�.. •. automaticalty���•t?Hthe assumerls ex��tu�dei/he pravisions of 38 t6.S.C.Section 1829(b) (A.��rtta'an , �' ' . ., r,
<br /> +, .. . :•": '� .. . , �::.
<br /> ' ' ` ' � drawing compen3aJlon or a surviving spa�ss�ara veteran who died bom s�r�.rce connected disabit��'i , -� j� . . � � _;;-�
<br /> , b`�-',.�' �;�°f��°S-:�`� ' b. Prac�ssbrQCha.ae. U on�C,o6cati0r�,��,r�preval to allow assumption of thls loan..a�-�'.�s•;,.g'�'.�y be '•,�' �> � ` . . �_
<br /> ;,�.,;,ti A � • ��,;�•,�. -
<br /> r���� ;f:�?�:i-��:'Y ` � charged by the Lender fvrde[�r,in. t!'s�editwonhfness of th9 assume�and subsea�rn�rE?ar�r��E^e ,
<br /> �3' �, , �'� . . ., '���:v �
<br /> f��%�� t'�j.
<br /> , ',,,j r� l''f:.lr.tli .f
<br /> `���i�,����<;,"¢� fdF'd'.rT."" � '3... �,: ,t_;;Z:.. ---
<br /> ' � dl < i�. `�'. _
<br /> Lendersowrre�sh)preovrds ; �;;r"�= �ansferlscompleted. TheamountofthiscJrrg�si.'�1;��texoeed ` ;.�� vt'i,.
<br /> H�'' � ``.''i�. t t�` ::.�� ia Aflairs fo�a taan to whicb 38 U.S.C.Se�-ru'4 � ' • = -
<br /> •• «�•• •,;� . the maxlmum established by LYe Depac�?��cJ .,fe ns ,. , �� _ _
<br /> . `�-'. _ � {,: , . ..- ,
<br /> •;��� �;;��1{ �.i":t , applies. , : : ,. . ��. , __
<br /> �, �r��7�`::���: �:
<br /> . . '..;��.• ,:j��:,;�;;;,�t" � �, �nd�m�itv vabjrrtv. �f rh,s oi��ation is as'sumed.then:��.�aumer hereby agrees to assume all of Gze : . ,
<br /> ,r-7 ri;hY`,��.'-� ,. . , c.�,`�:��
<br /> •r•a�.� �:(.�: { g 9 9 �� .
<br /> • , ;..�.j;�,,,�.,�� obliga�ons ol the veteran under the ferms o!the Instrumenis aeatin and securin !►re loan.lncludirr the , ,
<br /> �t;*� k �`
<br /> {��f�r `�,' � �� obllgat/on ot fhe�Je�r�to lndemnily fhe tr��artment of Vete�ans Aflaira to!he exfent o!any claim�.�r`.^enf a�islrtg 1}. ._ : � ',
<br /> f':.�r�r,��4J�l��.t�'�����k' flOm 1h9guarQ�.�y G�it;SW���ol the ia��?rress created by thislnstn�r�erf.: ' ��' � � , ��;`h
<br /> ' .�4 `�fY.)��r�;F�:��`;�i , a � • • • �' . � � :�. ' .. '
<br /> ,,;.
<br /> . �"" ����`j�,;`.f�' ' '�:�' BY S/�N1N0 BELOW.Iiwe��'�%��'�to the terms and covenanls ovntalaed�n thls���i���"��7�� y '.^ , ' . • ' .
<br /> :�` . • ..'•�,j. . - � . . . . � .
<br /> � '�• Date 10-23-91 � � AL1 `� (SEAt) �- ;�,.
<br /> . rEFt Bonawe. ' � .
<br /> !
<br /> � �sFat� i
<br /> UI x I L J NE Bonower �
<br /> 1 (SEAt! '
<br /> , � � � Boaawer ' •
<br /> t
<br /> . �
<br /> , . ' ' � ._lSEAt)
<br /> .. � 8arrower . . '
<br /> �� 7HlS LQAN iS rVOT ASSUMABLE V�ITHOUT THE � �
<br /> � APPROVAL OF TH�DEPARTMENT OF VETERANS _
<br /> _ _ � . _:_. � AFFAIRS OR ITS�4UTHORIZED AGENT _ __
<br /> -- . - - - - - - --
<br /> - -
<br /> . . - -- ���,.� - -- - - - -- - - --
<br /> ;
<br /> . �
<br /> . . ,
<br />
|