200205776 - Laserfiche WebLink

Browse

200205776 VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER NOTICE: THIS LOAN IS NOT ASSUMABLE WITHOUT THE APPROVAL OF THE DEPARTMENT OF VETERANS AFFAIRS OR ITS AUTHORIZED AGENT. THIS VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER is made this 30th day of May, 2,002 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Deed to Secure Debt (herein "Security Instrument') dated of even date herewith, given by the undersigned (herein 'Borrower") to secure Borrower's Note to Commercial Federal Mortgage Corp. (herein "Lender') and covering die Property described in the Security Instrument and treated at 4315 SLAUVELT ROA , Grand Island, NE 68803 tPro,Iy AddwIll VA GUARANTEED LOAN COVENANT: In addition to the covenants and agreements made in die Security Instrument, Burrower and Lender further covenant and agree as follows: If the indebtedness secured hereby be guaranteed or insured under Title 38, United States Code, such Title and Regulations issucxl thereunder and in effect on the date hereof shall govern the rights, duties and liabilities of Borrower and Lender. Any provisions of the Security Instrument or other instruments executed in connecdon with said indebtedness which are inconsistent with said Title, or Rcgulatons, including, but not limited to, the provision for payment of any sum in connection with prepayment of the Secured indcbu:dncss and the provision that the [.ender may accelerate payment of the secured indebtedness pursuant to Covenant 18 of the Security Instrument, are hereby amended or negated to die extent necessary to conform such instruments to said Tide or Regulations. .11C #:315851 APPL #,"15165355 LUAN R ;00iGi65355 MULTISTATE VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER 4=a (9904).01 3/99. /yam II II II III I II II Page 1 1 of of 3 3 Initials VMP MORTGAGE FORMS (8 0)521 -]291