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a�s s�eL�s�°— � _- , -.. - _ .� „ T -.��ax�� � ,_..,,�.�,.,��::.r.. . . --_ _ ' — �Jlrr:�'- -- --.�aa... r._. ..�.u,_.. - - _- - -- - - - - . .� - _ _- _ " �� --- ___' . , AP1?LII 301-60311020 • g6� i(��0�; _. V.l�.GUAItAiii�1`��I'i.t�Ar1�1F�ir�.�i3Jivx�r'Tiui�f�-"`�iri.�i^.�a':iLi: _ Nz3Ti��:: T�IS LOgI� IS N�"Y' A3S'U NT�F VET�ERAIU�TS ` T�-I� APPR�VAL OF THE DEpARTNiE � � A�FAIRS OR ITS AUTHORY�D �1��N�. � F' 7HYS V.A.GUARAN78ED LOAN AND ASSUMPTir]N POLICY RIDFiEt is made thi.c 3OTt�t day of � APRIL � 1996 .�i9 it1C0�pOrSiOd litt�8i1d St1�11 be d0etilCd[O amdnt�SAC1 SuPpIG�lCilt t�1C � �pI(Y�C.DCEd Of Tt1LSt Ot'D20�1 LO SOCIII�C DCbt(hCi'C�0 ��SOC1uliY IOStrUtGCAi��d31�1 01� CYCiI dafD bCiCVYlttl. f QIYW b}i tY1C YAdCiS�Q�10d(IWGlA�•aOtTOWPS��O iOCYiC BO[POW�t�S A10tG t0 _ HOtdE FfiDBIU►L SAVINGS 6 LOAN �� .��.� �- �. wd coveric�the PmQecty descn'bod in the Socuricy Instnimeai aad iocated et � 326 i� 11TH ST � GAAND ISIJII�, NESRASiiA 68801 r:- (��nY�u) _ ti'.�+.i ii'r+nn+'.`'l�.a:B iA.�i2`: �v�u,j►rtti i� nririit:r.n tn tM rnvr.�antc aod 9�SOP�e0t4 iS18dG iA th0$OC{�Il�y ' Insuumeat,Bomower attd I.ender further covenani�ad�gree a:Polbws: �_ If the indebtedncss socured t�ereby be guaraatoed or insurocl under 75t1e 38.Uniud Stsues Code. such'fitie aud _ Regulstioac issued triar�u�da md m effect oa the date 2x;reof shall govan the righic,duties and li�biliries of ° Bott�ower and Leac{er.My provisinns of the Security Insuuma�t or Mber instnuna�ts taucutod in coane�uon with _ said indcotodaas w�:.`��t u�e..-��'ka:w-;�h c::d'l�i:�.os R;,gula�ss�includ3ng,but not limiied io.the provisicx� _ forpayma�t of any sum in canoeqioa with�C+epaymeat of tbe securod in3ebi�dness aad tbe�rovisfoa ttmt tbe _ Leada may a�r,ekr�te payma�t of the secured usdebtedness Fursuaot w Covea�nc 17 of ihe Socunty Insuvmeat.are - hei+eby tineadod ar aegaud w tLe exte�t aoc�ss�ry to oo�nfam such��,•,••,,Mt�to said'Iit1c a R�ul�. I.ATE CNARGF:At L,ender's aptiaa.Borrnwa will psiy a••late chugo••�xx exooalin8 four per ceaaun(496)of the ovetdue paymeat whm paid rtwte than fift�eea p�days attu the due date thaoof to cover the wctra ea�pease invdvad ia t�ndling ddin4�WY��•��"iau�8�•,s1�11 not be payable au of .thz pracoods of any sa:,;m�:,m�sisfy d�i�.�r.ss�xcured haeby s�nkss such Ixoceede ac� zui'ficaeat to d�se� e tbe eatire _ iod�Odaess aoa all peoper costs�a e�ses securedeweby. GUARANTY:ShoWd the De�mtm�t of Vdatans Affaits fail a refuse to issue its guanoty in full smount within _ 60 days frnm the d�e tlut tLis loan would mr�aally b000me elig�'bie for wch �u�an�cuaun�tted upoa bY tbe Dep�rlaxut of Vetaans Aff'aiis iusda tl�eeprovisions of'Iitle 38 of tde U.S. Code 'Vetaacu &neC�," tbe Maatgagee may declare the iadebtedaess ha+eby savred at once due aad payabk aod may forecbse immodiately a msy w�a+eise�ny dber r�ghts haeunda ar nice auy other pcoper aetioa as by Vw pcovidaf. �--.. ..:- 'j'RArj$FF.It OF'I�1H PROPIIZTY:If all Ot Wy►pac Oi i21E!'10pQ[p Q a7y nlieizsi m i't ii auiu ta i�o�t6aw.was wrn,may ue aocl�roa imcnoaia�ely aue.na pxyabie`upon oraos�(•�asmmptio�„)of ine socvciog such ban W any transfax (�•ass�una„). unless ttu aa',ept�bility, of the ua�mpo�n and �of this lot�w iv est�iistxd by tbe Depscnneat of Ye,taans Affa�rs or its�uthonzod�eat paru�aat w Secnon 3714 of C7�pta 37. 'Iide 38,Uni�ed St�tes Code. An author.ud tra►sfer(••aaumption")of tbe propecty sh�ll al90 be subject�o additional covemnts aod� as mt fath lxb�v: (a)ASSU11�'ITON FUNDWG FEfi: A fee equal to oae-lsalf of 1 pa+ceat(.50�)of tbe uapaid b�lanoe of this loaa s�of tLe daoe of a�nsfer of tbe pc+o�aty stWl be p�yabie at the time of v�asS�r to the mat�ga or its wthorized�geat.�austee far t�e of Vew9ns Affiirs.If the aswa�a fi�s oe pay ttr�i�fa�t thc dme of trantfa.tbe fx sh�Sl cons�oe an a�i�'tiao�t debt to tl�t�ready socured by this iast�ua�a►t.shall be�r mtaest at t�e rate ba+eia povided, aod.at tbe o�ptioa �f tbe moagsiga of tbe iadebte� f�meby sec�aed ar ny traosfaroe d�a�of.st�be iinoaediate2Y due�nd WYabSe. inis ioe is auwm�icaliy waivod if itbe assiuna is r.x+a�upt uu�irs tae provisiont of 38 US.C.3�29(c� (b) ASSUMP7ZON PROCfiSSING CHARG& Upon �pplic�oa far ap�oval to albw aSauaptio� �rsd t�m�sfer of fhis:an�a ProoessmB fee may be charged b�r tbe ee a it4�thonxed�t far deldminiug tbe , c�ditwoMi�ss of tbe iswma aod submeqomdY rev�sia8 ��o1d�'S owa�sh1P raoocds wLea aa�ved tr�ufer is oon►piaed. 'Ibe amame of this charge sl�aall noc e�cceed tbe kssa of the muimum es�bli�od by tbe Depnm�eat of Vetecaas Affaus far a ban w which Soctioa 3714 of Chaptrr 37.Titk 38.Uait�d St�oes Cod�e apQiies or any maximum p�asibed by applic�b�e State law. (�)A.cStJMpTION WDEIVINI7'Y ISABILd'PY:If tbis obligation is assumod.thea the assumes tKrebY�grees w�uoe all of the obiigxioas of�e vt�an ooder tbe tcnns of tLe mstrua�eatc cre�ng and sx�iag the fo�a, ;nclua;ag the obtig�ion ot rhe vaaao w inaannify rhe nq�meAC of Vetarms nflFi'vs to tbe e�ac of any claim P�Y��8 fmm die guaraoty a iosi*�of d�e sadeb�edoess enated by this iasaumwt — IN ,Baa+owa(s)6as executed tbis V.A.Gu�r�ateed Loan aad Assvmpdon F�diC,'Y Rida. � � — s�v� n s .s�u r�Lxnt A ssr�a�r -s«�u � .g��v -Bo�mw�u V.A.GUARANTEED LOAN AND ASSUYPTION POLJCY fUDER ��t.,�� l Sss cwos) � I�� n� I �VYP YORTGAtiE FORM�•µ001'�1.7201 �1 I J � -- - ---