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<br /> � ' "T � V.A.GUA�AN�'EED I,OAN AND ASSIJMPTION POL�CY PiIDER �;� „; ,��._
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<br /> _A�,"�, � T�10TIC�: �' -
<br /> THIS I..OAr1 IS NOT g►3SUMA�LIE WITHOUT = -
<br /> �� : "�:. 'i'I�� .�P�'RnVAId OF TI�E D�PA��'T'��N� �l� �1�'�����tT,S ,�:,,�ir,_.W �=.�_-
<br /> ____y:��;: AFFAIRS OR ITS AUTI�ORIZED A�ENT. �=;�,�;.A---�--_
<br /> ds�.. :,Fa.�x71 �.r�.
<br /> ---�- __ , T.EIIS W.A.�UARANfBED WAN AIdD ASSUMP7�UN POLICY RIDHR is mado lhis aa� day of .���',��'�•'-
<br /> . PEDtxU�1tY , 1995 .and is inoo:porntcd inw and shall bc dcemed to amend and supplcmen►the ; � z��:
<br />`�"'��'„ Mortgr��, ikr� of'Ilrust or Dced to Sccure Debt (hcrcin "Sccuriry Insuumcnt")datocl of cven datc herewith, •� �.`�,���'�-°��''-,;;`_`"
<br />_,:�.».r�•�� .. �� . �..t..:,-3 .
<br /> �:. .-� givtn by the unciersignM(henin Dc*nopi.°� ) to s�urc Boraowcr s Nom to ,, , '�-• ��`:�'-:-
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<br /> ,� .:,'�.+:..�� HOMB FEDERAL SAVZNGS & 'LOAN �� "`�` f ��-
<br /> ,.:.1:ar�•.;�q, (t�ercin "I..endar") ,..�,�.s rS�-_':r.�"�"_
<br /> �; ��:��,,r,� ortd covering!he Property tliescribed!n Ihe StCUriry InsGrument and located nt , � _ - ,
<br /> �r '`{'�''�' • 1037 & PIN7i ST �� -
<br /> � ��+ � -- --
<br /> ,,pr,a�`r�.'J�: � (3RA2�D Y$LAND� NEBRASI(A 68001 �!�ie,-... —
<br />�_�._. 'c.
<br />' -,�'�'"4 ' (Propetty Addrett) v.���
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<br /> - ,`� �'r ';� 1'.A.GUARAt�TIEfiD IAAPi C�VENAAIT: in addibon to tho wvenants and agroements made in the Socuriry =�+.--
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<br /> �,;�.�. ,'..,� [nstrvmau,Bo�mwer and Lender fucthcr covcnantand egroe ss foUuws: `-:�..—
<br /> - v�',,:� .: If the ind�btodnass sxured hcreby be guaroneced or insurcd undrr Titla 38,Unitcd States Code,sucti Tidc and —__-
<br /> - ' " Regolations lssued thereunder und in ct�'ect on U�e date heroof sha�l govem the r�ght�, dudes and liabilities af �._��__�—
<br /> -t r".���-- ' .. Socmwa and Lendu.My provlsions of the Security Inswmeat or oth�r irtswmen�s eaocut��d in coanoctbn wlth __ �
<br />='��`��"'�'�" said intlebtedness which are Inconsistent vsrith said'I'�tle or Re uladons,includln ,but not Wnited W,the rovision
<br />....Y . . B 8 P ��aa�a:=
<br />'�;' for payment of aay s�m in connaction wi�h picpayment of the secumd indebtedr�ess end the provision that the --•°
<br /> ;'�r}r.:, L,ender msy accekrate payment of thc secured indebtedness pursuant to Covcnant 17 of the Secunty Instnunent,are ---
<br /> :�:k,{�, hc3eby amended or neEatal w thc cxtent neassary to conform such instruments w said Titk or Regujarione. ---- .
<br /> _: � ��
<br />'-=�,�i•`��� LATE CF�ARGB:At I,cnder's option.Sorrower will pay a"late chsrge"not excecding four p�r antum(456)of �l���—-
<br />'.:"";',^�,.'�-, �te overdue ps►yment when paid nwro than FifGOen(15}daya after ihe duc data thcleof to covu the extra eacpense �c�'
<br /> -s��; . �r��, � involved in handling dcltnqusnt payments.but such "late charge" shall not be payable out of the of ony -
<br />. � . ' o�:.RLa:.2tS 't�fa,i��i-wa`i aa,`i'aai� i�ciw',ii�'ijc5.S�i1Gi�__ �. . ���"����
<br />_r*.�� ��3 Y Fn�;cais riic �ufiu:icni w wsi:nia�c inc caiva
<br />- indebGedness and n�l pmper costs and expcnsea sccured bereby.
<br /> � � y.� GUAF.AN'I'Y:Should the De t of VGCr�ns Affeirs fail or refu i
<br /> .... . _ . �'s P�� se W�ssua ts gutUattty tn full emount w�thm
<br /> •� �• � 60 days fmm the date�hat this loan would nomially become eligibie for such goarant�r commiue6 upon by tho
<br />'°v- `c' "`�� � Dr,�aartmcnt of Vetamns At�'airs under the provisQOns of Titic 38 of the U.S. Code 'Veterans Benefits" tho
<br /> ;"`, ��;:T� :.. � Mottgagae ma declece Ihe indebtedness he�b • .
<br /> _ �;: y y secun:d at�nce due and payable and may fonclose unmediately or y�
<br />� '�•..� ' � may eaercise any other r�ghts hereunder a ml:o any othar proper oction as by law pmvided.
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<br /> :-,,...--•}• 'IRANSFER OF TF�PROPHRTY:If all or eny yart of the Property or any interest in it is sold or transfcrred,this
<br /> -_` `:.-�1q�i loen may be declared immediately due and payeble upon tr�nsfix(`•assumpaon")of the pmpaty securing such � �'n"�
<br />.,�J�Y,-�- a
<br /> ,�� ' '�+'�" laan to eny vansferee (••a�sumer"). unless the acceptability of the assump�ion and tnu�sfer of this loan is
<br /> �,Q;�.� :�� establ�shod by Uto Department of Veterans Affairs or its authorized agent pursuant to Secdon 3714 of Chaptcr 37, '
<br /> ,,,�, !* Ti:ls38,UnitodStatesCode. <<- --
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<br /> - -�--��ru'^."'� Azi eatt�ocized�ansfer("assumpdon")of the pmpeYty shall elso be subject to Addiaonal covenants and agccemenis .�?y.r"'�i��•�
<br /> - - :,yi es sct forth beloa: I:�;�y.
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<br />-`'i;:w�,.'� • • (a)ASSUI►+�PTiON FUNDING FLB: A fee equal tr�one-tialf of 1 pen,c;nt(.5096)of the unpaid balance of this � .•�-.
<br /> �,-,:-
<br /> :.-T: -• - ,• laan as of the cdate of transfer of the property shall Ue payable at the dme of transfer to the mortgugee or its �' �
<br /> ••"�='� ;•" eutlwrizcd agent,as trustoe for the Departmtnt of Veterens Af€eirs.If the assumer ftils to g�ny this fee at tha nme of � �^` �
<br /> ;',;,> transfer,the fee shall constitute an addiHonal debt to that already scxurecl by thfs instrument,shull bear ir►terest at die i "
<br />� �r .� " '. � rate herc'm providcd, and, at the option of U�e mnrtgagoa of the indcbtedness hercby �ccu�d or uny transferec �
<br /> f"���•���-�' thereof,ahall be immediately due and puyable. 'lliis foe is automatic�ily wnived if thc assumer is excmpt under the �
<br /> "�' �'�-4 provisions of 36 U.S.C.37Z9(c). `"'
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<br /> --^-na►±,�.,�,�;�.•• (f�) ASSUNIP'I'ION PItOCESSING CHARGB: Upon applicaaon for upproval co allow assumplion and ��
<br /> �'��n,;•:;;;":�":} aansfer of this loan,a rocessm foe ma be char ed b thc moa a ee or its authorized a ent for dete�minin the � •• '
<br />-.y,�+. P B � B Y 8� S 8 ,.
<br /> ..'_3'":'°,,:::: creditworthiccess of the assumer and su scyuently revising ihc ha dGr's ownersl�ip records when an epproved ,.
<br /> _ ,. '����'' uans�'er is completed. 'Itic amount of this cbarIIe shall not eaceed the lesscr of the mtucimum establishad by dio '' ,�
<br /> " Depaztrnent of Veterens AffAirs for a loan�a which Secdon 3714 of Chapier 37,Tide 38, United 5t�tes Code �
<br />_ -';. ':r: � epplics or eny maxiunum prescribed bY aPPlicab�o Stata lnw. f . „
<br />�`�.���•:�, : y�','y'. (c)ASSUN�TION INDHMNITY LIABiLTfY:If this obligation is t�ssumod,tfica�t�e assumen c�reb �gc�ecs �
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<br /> `�`� �''�'"•�'�`�'� to a5sum=all of thC ob gatsons of tha vcteran under tha ternu of the Instnunents cr�►vng and securing o loan,
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<br />`;''�:�r.--%:: :,:'',�', includln the obli
<br /> .t.:�w;�._,i t , �� ' ���� ��o F tha vcteran to indemnify tho Dcpartment of Veternns AfFairs to tho extent of any cL�im �
<br /> - --.. payn 6 gu:,ranty ar insuranx of iho indebtedness crcauxl by this instcumcnt.
<br /> �-�:_��-t��.r � I, :
<br /> ���;:i"��� ;, II�I 1YITIVESS WHEItEOF,Borrower(s)h�s czecutod this V,A.Guarnntoed Loan suid Assumption Policy Rider. `
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