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200409890 <br />V.A. GUARANTEED LOAN AND ASSUMPTION POLICY RIDER <br />NOTICE: THIS LOAN IS NOT ASSUMABLE <br />WITHOUT THE APPROVAL OF THE <br />DEPARTMENT OF VETERANS AFFAIRS OR <br />Janus <br />ITS AUTHORIZED AGENT. Loan #: 2431394 <br />Case #: 34 -34 -6- 0166779 <br />THIS V.A. GUARANTEED LOAN AND ASSUMPTION POLICY RIDER is made this 7th day of <br />October, 2004 , and is incorporated into and shall be deemed to amend and <br />supplement the Mortgage, Deed of Trust, or Deed to Secure Debt (herein "Security Instrument ") dated of even <br />date herewith, given by the undersigned (herein "Borrower ") to secure Borrower's Note to <br />FIVE POINTS BANK <br />(herein "Lender ") and covering the property described in the Security Instrument and located at <br />411 E 15th St Grand Island, NE 68801 <br />(Property Address) <br />V.A. GUARANTEED LOAN COVENANT: In addition to the covenants and agreements made in the Security <br />Instrument, Borrower and Lender further covenant and agree as follows: <br />If the indebtedness secured hereby be guaranteed or insured under Title 38, United States Code, such Title and <br />Regulations issued thereunder and in effect on the date hereof shall govern the rights, duties and liabilities of <br />Borrower and Lender. Any provisions of the Security Instrument or other instruments executed in connection <br />with said indebtedness which are inconsistent with said Title or Regulations, including, but not limited to, the <br />provision for payment of any sum in connection with prepayment of the secured indebtedness and the provision <br />that the Lender may accelerate payment of the secured indebtedness pursuant to Covenant 18 of the Security <br />Instrument, are hereby amended or negated to the extent necessary to conform such instruments to said Title or <br />Regulations. <br />LATE CHARGE: At Lender's option, Borrower will pay a "late charge" not exceeding four per centum (4 %) of <br />the overdue payment when paid more than fifteen (15) days after the due date thereof to cover the extra expense <br />involved in handling delinquent payments, but such "late charge" shall not be payable out of the proceeds of any <br />sale made to satisfy the indebtedness secured hereby, unless such proceeds are sufficient to discharge the entire <br />indebtedness and all proper costs and expenses secured hereby. <br />VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER <br />Nssn�v4\ Ease l QVI <br />DOcURVA1.VTX 07/12/2004 <br />