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88- 105200 VA ASSUKPTIOH IHPORHATIOH RIDER TillS VA ASSIIHPTIOH IHPORIlATION RIDER is made this~ay ofsent..mh..,., ,19...aa. and ia incorporated into and ehall be deemed to amend and aupplement the Mortgage, Deed of Trllst or Security Deed (the "Security Inatrument") of the same date given by the undersigned (the IIBorrowerll) to seCUTe the Borrower's Note (the tlNote") to Commercial Federal Mortgage corporation (the "Lender") of the same date and covering the property described in the Security Inatrument and located at,' 4153 Arizona, Grand Island, NE (Property Addreaa) 68801 1. "Thia loan is immediately due and payable upon tranafer of the property aecuring auch loa" to any tranaferee, un leas the acceptability of the aasumption of the loan is establiahed pursuant to Section 1817A of Chapter 37, Title 38, United Statea Gode." 2. ,FundinR Fee "A fee equal to one-half of 1 percent of the balance of this loan ss of the dste of transfer of the property ahal1 be payable at the time of tranafer to the loan holder or lts authorized agent 8S trustee for the Administrator of Veterana Affajra. Jf the 8aBumer fallB. to pay this fee at the time of transfer, the fee shalL constitute an additional debt to that already secured by thia instrument, sholl bear intereet at the rate herein provided, and, at the option of the payee of the indebtednesa hereby secured or any tranaferee thereof, shall be immediately due and payable. This fee ia automat- ically waived if the a88umer is exempt under the prov1aions of 38 U. S.C. 1829 (b)." 3. Procesaing CharRe "Upon application for approval to allow aasumption of thia loan, a proceaaing fee may be charged by the loan holder or ita authorized agent for determining the credit- worthiness of the assumer and subsequently revising the holder's ownership recorda when an approved transfer la completed. The amount of this charge shall not exceed the maximum estab1iahed by the Veterana' Adminiatration for a loan to which Section 1817A of Chapter 37, Title 38, United Statea Code appliea." 4. Indemnity Liability "If this obligation 1. assumed. then the aBBurner hereby agrees to assume all of the obligations of the veteran under the terms of the instrumentB creating and securing the loan, including the obligation of the veteran to indemnify the Veterans' Adminis- tration to the extent of any claim payment arislng from the guaranty or insurance of the indebtedness created by this instrument.1I (DATE) (BORROWER) (DATE) TIIC-2n O/BB)