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30/2 /2002 13:00 FAX PRMI MONTANA 100I 1/29/2002 12:22 PAZ 5208758050 PRMI Q001 OVALOANNO. LFNOaR6LOANNO' 13582CARPENTER. 34 -34.6- 0157147 1 13582 DgBARTXMT OF VETERANS AFFAIRS 200213673 110ME LOAN ASSMOTION RIDER TO DE'SD OF TRYISTMORT"GE day of ThIS Department of Veterans Affairs Home Loan pro,isions Rider is made this the ^Secunty _ and amends ftra provielOns of the Deed of Trust/Ntortgage, Instrument°) of the same date, try and between KEVIN F. CARPENTER and TRACY K. CARPENTER. Husband and Wife the TrustorslMortgagors, and PRIMARY RESIDENTIAL MORTGAGE, 6e INC liol A NEVADA COPORATION Adds ths following LOAN IS NOT ASSUMABLE WITHOUT THE APPROVAL OF THE DEPARTMENT OF VETERANS AFFAIRS OR ITS AUTHORIZED AGENT. This loan maybe declared immediately due and payable upon transfer of the property securing such ban to any transferee, unless the aoceptabtlNy of the assumption of the loan is established pursuant to section t 814 of Chapter 37, Title 38, United States Code. A. Funding Fee. A fee actual to ene^haff of , percent of the z9operty shall be payable at the time of transfer to for the Department of Veterans Affairs_ If the assume, shall ocnatitute an additional debt to that already secu rate hereht provided, and, at the option of the payee o transferee thereof, shall be immediately due and pays assumer is exempt uridar the protl510ne of 38 U.S.C. and. holder deer or Its aauMtoeged agerrdi set ttrusiee f to pay this fee at the time of transfer, the fee r this Instrument, shall bear interest at the ndebtedness hereby secured or any this fee is automatically wafted N the (b)• 9. processing Charge. upon application for approval to allow assumption of this loan, a procesaing fee may be charged by the loan holder or its authorized agent for determining the cteddworthiness of the assumer and subsequently revising the holder's ownership records when an approved transfer is Veterians Affairs for S loan of this charge to which ssectioni16 4, Hof Chdapter $maximum , itle 38, established tedStates Code Department of C. Indemnity Liability. If this obligation is assumed, then the assumer hereby agrees to assume all of Ins obligations of the veteran under the terms of the instruments creating and securing the loan, including the obligation of the veteran to indemnity the Dspadmant of Veterans Affaire fo the extent of any claim payment arising from the guaranty or insurance of the indebtedness created by this instrument. IN WITNESS WHEREOF, Tnator/mortgagor has executed this Deparbment of Veterans Affairs Home Loan Assumption Rider. Signature of Tmstcr(s)1Mortgagor(s) 4WASSUMFUG -0 -L