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�_ .�r ��- '__ - • _,_ __�._^l_ __�_ � -� .��. ..i__f,. .. . . ...... -�...�.._ • ' • ': " . , . . .��_!�`_---- --.-- .� :.�..a .....�.. " ..*�4.r'�-��..--.^,��_.'-..------- � �� DVA LOAN NO. 4ENDERS LOAN NO. AP� 10562 13)8�9 153921i856 = DEP�RTMENT OF VE�'ERA�lS AFFAIRS - H0�1� �.�AN ASSU�It��ON RYD�R = TO DEED OF TRUST/IrfORTGAGE = NOTICE: THE DEBT SECUAED WEREBY IS SUBJECT TO CALL IN FULL OR T►iE TERMS THEREOF BEING Y80iF1ED IN TNE EYENT OF SALE OR CONVEYANCE OF Ti�iE PROPERTY CONVEYED. This De�artment of Vete� Affal�s Home Loan Assumptlon Rklur is made this i 5 c r, day W A p r 1 1 , 1 9 9 6 ,and ame�ds the provtslans of the Deed of Trust/Mortysye,(tllA"$8CU�1 (I19jiElfT16I1t')pf�hBSStt118�i9,b}181'KI�W66�1 YIILIAM l PEFFER and SHELLY K PEFFER, Husband and Wife t{'16 TfUSIpf8��V11pIt�A�pf9,g�1d C 0 L U M B U S F E 0 E R A l S A V 1 H G S B A N K � �the 6eneficlary/Mortqa�de, as idlows: Adds the tdlawin�provisbcu: NOTICE: �HIS L�AN IS N�T ASSU11AIO1BL.E W1TH4UT TNE APPR01fAL OF THE DEPARTMENT O� VETERI�NS AFFAIRS OR ITS AUTI-I�RIZED AGE(VT. Tt�fosn may ha d^c!:r.xi :mmed3r.t�y d�ts a�a!�ys�e�.t�an trsnsfer of ths seci�such taan to any trensferse. unless the acceptability d the assumption of the loan ts esiaR�pwsuaru to sectlon 3714 of Chapter 37,T�ie 38.Unit�ed States Code. . c��..a�..�. .:.. p t�,�,�u�tn nn�►.t�alf�F t oa�rceru a cns baiar�of this t�an as of the date d ttansier ot the ptape�ty sha!!Be payab�a at thu tkne of transler to the loan holde►or ks authorizod � agent,as trustee for the Departmant of Veterans Aifatrs. ff the assumer faYs to pay thls fee at the time of transfer, the fee shail corst�ute an adddlonal debt to thai airesdy secured by this instrument, shal!bear irnerest at tha rate herein provkted, and,at the optbn of the payee af the indebtedness hereby secured or any trar�sferee thereof. shall be Imetiiediately due and peyable. This fee ls autometIcaily walved�the assumer is exempt undef the provistats of 38 U.S.Q 3729(b). B. P�ocassirp Ch��. Upon appiicatlore for approval to allow assumptbn of tlds loan. a proc�^sing tee may be charged by the Ioan holder or ts auttsaized a�ent far determinl�p the cred�ror�thtness of the assumer and subsequentlY revistn�the hofder's owne�shtp recads wl�an �bUsFted by�the �Departr er t of Veterans Affairs f t a loan�towh h section�37�14 of Cha�3 Tkle 38.Un�ed Sta�es Code applies. C. Indsmnity W Widy. It this obUgation is assumed,then the assumer hereby a��ees to assume al� oF the obligations of the veteran�der the terms of the instruments creati�g and securing the loan, indtxf�ng the obligation of the��teran to indeinNfy the DepaRme�t of Veterans AfEaks to the extent of any claim payment arisirp from the puarartity ot insurance d the IndelXedness created by th[s instrumen� GUItFtAN'�Y: Shouid the Department of Veterans Affairs gail or reit�se to tssue its yuaranty in the ft�tl amou�within 60 days irom th�date that this toan wot�id normally become eligible far such yuarantyy committed upon by the DepaRment ak yeterans Affairs unde�the provisWn of Tide 38 d the U.S. code "t/eterans Ber�iis,'the Mortgagee may det�are the indebtednes.s hereby secured at once due and payable ar�d may foreclose immedtately or may exerctse an�g othet�hts F�eunder or tafce 3ny other propet ac�fon as by law provided. !N WiTRESS�hlHEREOF,T�ustot/Mortgagor has exect�ed this DepaRment of Veterans Atfatrs Home Loan ��'. Siynattue of Trustor(s)/Mortgagor(s) YILLIAM L PE FER S�HELLY K PEFFER ISCNAASSUMATtON WDER�GUAR{INTY//0794�L