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<br /> � ���1.. taUA�1�IT�ED I.OA�i1 A1�iD ASSiJtt�iP1'ION �'bL���t �ttD�R .
<br /> _ ' N�Ti�:Tffi5 LOAP��S 1�OT��IJIVIABLE��UT THE APPROVAL OF � - -
<br /> , �D�'AlE�1�;1O1T0��VC�ERAI�IS�AF�AIli�50R�IT��1�aRIZED�GENT. , -_
<br /> THLS V.A.GUARAN'f�D�.OARi A��ASSt3Yi,FTtON AL`LIvYF an�DP..n.�S 1TLi=Io this 3lS� �a� ' . �"'`
<br /> ' ' �og �JIII.Y , 1995 , ,aastid is is►corporated into and shaII 6e deeme�to amead and sW�ptement . =_
<br /> the Mortgage.Deed of 3Yust or Deed to Secure Dc�s N�rein"�ty Iussnuae�nt")dated of e�eeu date herewith. _
<br /> � , giveu Dy the un8ersigned(herein"Barrower")to r,�cure Borrawer's PIote to
<br /> HO�WEST I�BTGA�S s IIdC.- (k� "��")
<br /> • ar�d covertng the Property descn'hed in the Secvrtty Instrumeni and la:ated at 1427 S Ti�II�IDSOR .
<br /> . AOAD = GRAND ISLAND, NE 68801 � � �
<br /> ` . (Ptoveny AQdr�s), . ' .
<br /> V.P..QUAItANTEEU TAAN CO�►ENAN!':In addttEOn W the rovenaats aud agtcem�nts made in the Security `
<br /> Insuument.Bomnwer a�td Lender further eoveaant and agra as follows: • �
<br /> If the in�ebtedness se¢nmd hereby be guaranteed or insured under T'ctis 38,United States Code,sucl�Title
<br /> " � and Regala�tions issued titeramdei and in effect on tl�date hereof shall govarat thC riglits.dutics and ti�6�ities�
<br /> s�f Bortower aad Leandea.Rny provIs4ans af ti�Se�itS►�eat or at&er in�rtrummss,eaecut�in coimection —
<br /> witt�said indebtedness aldch are inoansisteat wit&satd�de or,Regulations,iaclud'mg,6aE�at limit�w. .
<br /> the provisian for�aymxnt of aay sum ia conae+c�on.wIth prepaymart of tfae s�ect inde6tedeess and tt�e �
<br /> • grovision tl�at the�.euder may aaxterate paymmt of the sesaral indebtalness'pursuant to Coves�ant f?of �
<br /> . ths SacvritY Instruffient,are hereby ameuded or aegated to the extent�ecessary to canform sach instru�ents
<br /> � to said"d"ule or Regu�ations. � ,
<br /> LA'I'B CHARGE:At Y.ender's pption,BorraRrer wN pay a'9ate chatge"aat'exocxdtng faurper centum{4%) �
<br /> � af the overdue payment when paid more than Gfteea�15�days after tk�due date thereof ta coveS the trtra ' .
<br /> ex�ens�,iavoSved in haudll�g delinq�eat payments.but such"Iate charge"shall aos be payabte ont of tfie
<br /> proce�l;�.l�,any salc.made to sa¢isfy the inde6tedness s�ured hereby,unless suc6 procetds are s^�affic#ont to
<br /> . diseha�f�c'entlre indebtednc�:�d a�l DroFer costs and e�eases securecl hercby. • :� ,
<br /> C3UAS., . ,.., .
<br /> RI�NT�:Sh�the Depar�ent of Veterans Affairs fail or refuse w issue its guaranty in full amownt
<br /> within 60 days fta�t d�date that this loan would normally became eli�ible for sucb guazaniy committed uFott
<br /> • . �� by the aepartmcnt of'?Yeterans Affairs uadei the provisions of'i5tle 38 of the U.S.Code"Veterans Beae�its,"
<br /> `• � tbe Mortgaget may declare the iffdebtedaess 6ereby secared�at once due and paya6te and may foreetose '.
<br /> . iu�meitiateiy or aiay cxercise any othet rights hereunder as�ce aay other proper action as by law provided.
<br /> TRAhSFEit OF THE PItOPSR'TY:IIf all or anY F�rt oY the PraFerty+oz any�terest 3n it ss sotd or trausferred, � �
<br /> this foan may,be declared immediatety du�e aad pafable upoa transfer("assumDiIon"�of 1he piopcn�r.s�curin8.
<br /> '. sucb to.an to any transferee("assumer").uaI�a t�e aocepieb�ity of the assumptioa and traasfer af c�ts loan
<br /> ' is esE�?t��1a�ed by ttie t)epar�ent of V�tera�+s Affa.iis or its�uihorized agesc nursuaut to Section 3714 of CCtiaapter _; , .
<br /> �7;���.38.Unitect Statea Code.. ,
<br /> '.':....
<br /> An authorized transfer("assu�C�iq'�'►f of thr,�ropertg�s��aiso�E��i;�joctto ac��tt��al�covenants aud ' . :`
<br /> ' agraments as set.£4ith lietOw: • ,�; . ,�`? • � � . " ,
<br /> .. . �... . :.. .;�• . ..., . .
<br /> ., �a) �����,;A��'i� ' ual to onahaif of 1 p�icent�(.5070)af t8e unp�ii�,�inCiAa!� �
<br /> � �� ' batana of t4�,s Wan as o t e date af transfer`df�e pra�erty siiall be DayaaIe at tke time of tratc 'i eo the .
<br /> � mo*��;gee or its a�thoriz�ed agent,as trustee for the DeDa�ttm�ent of Veterans Affatts.If the assur�tr faiLs to �
<br /> pay�,eL���fe�at the time of t�ansfer,the fee shall canstitute an addidoaal debt to that.already seca�r,c!isy this
<br /> • . �nsstr�amt,shall�interest at thr rate herein providod,aa@.at the option of the mortg�ee of 1he�dv�tGdness ,
<br /> herebv.scc�ued or.�yr uansferee thereof�shalt be mimediatety due and payable.This fee is automatiri�Ayt waived
<br /> if thc�um.et is exempt undet.the prm�stons of 38 U.S C.3y2�1(b). "�. . . �
<br /> (b�'��M�'ION P�t�,. r�-IN � UBa�'�DPlicatlon for ap�ravai►vpoL'flw assumDtio�i and . .
<br /> eransfer of tiris to�,a pmctsst:g[ee may c arged by tkemortgagee or Its authoti�2„ent for det°nminirtg . � _..
<br /> � the creditwmrtt�r.�acof the assumer and subseguently rtvistng the dolder's owneislnp ncooTds nhen an'appr�ved �
<br /> uansfer is cumnleted:TRe amonut�of�his charge shaU aot exaed the less�r of the rnaximvm e�allshed by �
<br /> tht De�2rtment of Veteiaus.Affairs for a loan to wtuch Se�ioa 3714 of Chspter 37,'It�lc 38.United�Statea� ,
<br /> � Ca�d°applies or arjy�maaimum prescribed by appllcabte S�ae law. � ,
<br /> ,� "(�� -If t�'.s obligation Is a�sumed�then the aass�er hereby .�.
<br /> . agrees to assume of t e o l�gat ans of t e veteran under the terms of the instruments creating and securIng
<br /> the loan,including the obligatian of the veteran to iadcmnify the Department of Veterans Affairs to the eatent
<br /> of any cladm payment arising from the guaranty or insurance of the inde6tec3ness created by t�is instrumeat.
<br /> . IN WITNESS WgiEREOF.Borrower(s)has extcuied tius V,A.Guarantad Loan and Arsumption Poliey Rider. . .
<br /> . ��J . -
<br /> ' . �RIC FAHALlL.NIfER -Borcewe* IE R F ER -IIorcower
<br /> . � • •Borrowa -Borrawer . _
<br /> � V.A.QUARANiEED LOAN AND ASSUMPTfOH POL[CY RI9ER ' 919Z
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<br /> �•538�or vnmrroArcacewrr,ss•t8001521•7191' ' � ■�•
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<br /> N11AN.3274 d93 . � ''
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