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200501519
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Last modified
10/17/2011 2:22:35 AM
Creation date
10/18/2005 3:15:19 PM
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DEEDS
Inst Number
200501519
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0018488379 <br />200501519 <br />VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER <br />NOTICE: THIS LOAN IS NOT ASSUMABLE <br />WITHOUT THE APPROVAL OF THE DEPARTMENT <br />OF VETERANS AFFAIRS OR ITS AUTHORIZED <br />AGENT. <br />THIS VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER is made this 11th day <br />of January 2005 , and is incorporated into and shall be deemed to amend and <br />supplement the Mortgage, Deed of Trust or Deed to Secure Debt (herein "Security <br />Instrument ") dated of even date herewith, given by the undersigned (herein "Borrower ") to <br />secure Borrower's Note to <br />LEHMAN BROTHERS BANK, FSB <br />(herein "Lender ") and covering the Property described in the Security Instrument and <br />located at <br />214 WEST 19TH STREET, GRAND ISLAND, NEBRASKA 68801 <br />[Property Address] <br />VA GUARANTEED LOAN COVENANT: In addition to the covenants and agreements made <br />in the Security Instrument, Borrower and Lender further covenant and agree as follows: <br />If the indebtedness secured hereby be guaranteed or insured under Title 38, United States <br />Code, such Title and Regulations issued thereunder and in effect on the date hereof shall <br />govern the rights, duties and liabilities of Borrower and Lender. Any provisions of the <br />Security Instrument or other instruments executed in connection with said indebtedness <br />which are inconsistent with said Title or Regulations, including, but not limited to, the <br />provision for payment of any sum in connection with prepayment of the secured <br />indebtedness and the provision that the Lender may accelerate payment of the secured <br />indebtedness pursuant to Covenant 18 of the Security Instrument, are hereby amended or <br />negated to the extent necessary to conform such instruments to said Title or Regulations. <br />MULTISTATE VA GUARANTEED LO #N AND ASSUMPTION POLICY RIDER <br />40-538R (0405) lom <br />Page 1 of 3 Initials: <br />VMP Mortgage Inc. <br />(800)521-7291 IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII <br />
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