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79204-1-30 VA HOME LOAN RIDER 88-102310 THIS VA HDME LOAN RIDER is made t~is __~~~__ day of ___~~__________, 19_~~_, and is incorporated into and shall be deemed to amend and supplement a Mortgage, Deed of Trust or Deed to Secure Debt (herein "security instrumental dated of even date herewith, given by the undersi gned (herein "Borrower.) to secure Borrower' s Note to FIRST FEDERAL ~~YJ.~.9~_~_!-9MtM~9fmJ.9!t9.f-J.JF~.9J.IL (her ei n "Lender") -;~d--~~~;~i~g the Property described in the security instrument and located at <<a3_Ea&t_l1-St:eet__________________~~~~_!!!!~t_~!~~!!~_~~~~~--~-========= (Property Address) In addition to the covenants and ag~eements made in the security instrument, Borrower and Lender further covenant and agree as follows: As the indebtedness secured hereby is to be guaranteed or insured under Chapter 37 of Title 3B, United States Code, such Title and Regulations issued and in effect on the date hereof shall govern the rights, duties and liabilities of Borrower and Lender. Any provisions of the security instrument which are inconsistent .ith said Title or Regulations, including, but not limited to, the provision for payment of any sum in connection with prepavaent of the secured indebtedness, are hereby amended or negated to the extent necessary to confora such instruments to said Title or Regulations. ~~~ ~~~!!g~ !~!Ze QE !!!k~ e~~ 8g2Yba!!Q~~ This loan is i..ediatelv due and payable upon transfer of the property securing such loan to iny transferee, unless the acceptability of the assumption of the IDan is established pursuant to Section IBl7A of Chapter 37, Title 38, United States Code. A fee equal to one-half of 1 percent Df the balance of this loan as of the date of transfer of the property shall be payable at the ti.e of trlnsfer to the lain holder or its authorized agent, as trustee for the Adainistrator of Veterlns Affairs. If the assumer fails to pay this fee at the tiae of transfer, the fee shall constitute an additional debt to that alreldy secured by this instruaent, shill bear interest at the rate herein provided, and, at the option of the pavee of the indebtedness hereby secured or any trlnsferee thereof, shall be i.aediately due and payable. This fee is luto.atically .aived if the assuaer is exe.pt under the provisions of 3B U.S.C. 1829lbl. '. Upon application fDr Ipproval to allow assu.ption of this loan, a processing fee aay be charged by the lOin holder or its luthori:ed agent far deter.ining the creditworthiness of the assuaer Ind subsequently revising the holder's ownership records when an Ipproved transfer is coapleted. The laount of this charge shill not exceed the aa.iau. Iltablished by the Yeterans AdministratIon for a lOin to .hi~h Section lBl7A of Chapter 37, Title 38, United States CDde applies. If this obligation is Issueed, then the assuaer hereby agrees to Issu.e III of the obligltions of the veteran under the teras of the instruaents creating and securing the loan, including the obligation of the vater an to inde.nify the Veterlnl Ad.inistration to the extent of any claia payaent Iriling from the guaranty Dr insurance of the indebtedness created by thil instruaent. IN THE EVENT THAT THIS LOAN IS DETERMINED TO BE INELIGIBLE FOR lOAN GUARANTY BY THE VETERANS AD"INISTRATlDN, THE ENTIRE LOAN "AY BE DEE liED DUE AND PAYABLE AT THE OPTION OF THE MORTGAGEE. IN WITNESS WHEREOF, Borrower has executed this VA Guaranteed Loan Rider. d ny/' ~. L;;;~~- ..~;~;~~s..~----ii~:;::~; (1}1g.~?j~- _Ll_lp~~---- (5..11 '~1rlY A( agorski V 8orro...r VA HOME LOAN RI0ER--Slngl~ family FNMA/FHLMC Uniform Instrument