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~oososi3s LOAN #: 09011773 CASE #: 3~-34-6-0178196 MYi3: 1000850-0000023333-~ VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER NGTICE: THIS LOAN IS NAT ASSUMABLE WITHC)UT THE APPRC)VA~ GF THE DEPARTMENT ~JF VETERANS AFFAIRS OR ITS AUTHORIZED AGENT. THIS VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER is made this ~m~ day of ocTOSER, 2009, and is incorporated ir7to and shall be deemed to amend and supplementthe 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 ~~oPLES :aANx, A co1tPORATION (herein "Lender") and covering the Property described in the Security Instrument and located at 9:18 EAST DODGE STREET GRAND ISLAND, NE 68801 VA GUARANTEED LOAN COVENANT: In addition to the covenants and agreements made in the Security Instrument, Borrower 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 issued thereunder and in effect on the date hereof shall govern the rights, d uties and liabl litres of Borrower and Lender. Any provisions ofthe Security Instrument or other instruments executed in connection with said Indebtedness which are inconsistent with said Title or Regulations, including, but not limited to, the provision for payment of anyy sum in connection with prepayment of the secured indebtedness and the provision thatthe Lender may accelerate payment of the secured indebtedness pursuant to Covenant 18 of the Security Instrument, are hereby amended or negated to the extent necessary to conform such instruments to said Title or Regulations. LATE CHARGE: At Lender's option, Borrowerwill pay a "late charge" not exceeding four per centum {4%) oftheoverduepaymentwhen paid morethanfifteen {i5) daysaftertheduedate thereof to cover the extra expense involved in .handling delinquent payments, but such "late charge" shall notbe payableoutofthe proceeds ofanysale madeto satlsfythe indebtedness secured hereby, unless Such proceeds are sufr"tcient to discharge the entire indebtedness and all proper costs and expenses secured hereby. GUARANTY: Should the Department of Veterans Affairs fail or refuse to issue its guaranty in full amountwithin 6Qdaysfrom the datethatthis loan would normally becomeeli~ibleforsuch guaranty coin m fitted upon by the Department of Veterans Affairs under the provisions of Title 38 of the U.S. Gode 'Veterans Benefits," the Mortgagee may declare the indebtedness hereby secured at once due and payable and may foreclose immediately or may exercise any other rights hereunder or take any other proper action as by law provided. TRANSFER OF THE PROPERTY: This loan may be declared immediately due and payable upon transfer of the property securing such Ioan to any transferee, unless the acceptability of the assumption of the Ioan Is established pursuant to Section 3714 of Chapter 37, Title 38, United States Code. An authorized transfer {"assumption") of the property shall also be subject to additional covenants and agreements as set forth below: (a) ASSUMPTION FUNDING FEE: A fee a ual to one-half of 1 percent {.50°/a) of the balance o t Is loan as of the ate of transfer of the property shall be payable at the time of transfer to the Ivan holder or its authorized agent,, as trustee for the Department of Veterans Affairs. If the assumer fails to pay this fee at the time of transfer, the fee shall constitute an VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER Inif~ia1S ~ 1999, 2006 Onl(ne Documents, Inc. Page 1 Of 2 8751 ASR tl8D5