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t T . ` I .I�rt�nA(ii:lQiii':'�i+N�rnrt�+!+.��'�.`'� ` - . . ... J.'�-.. . . . . , ... � S'-, . .. .. .,,V,,,._.��. fanb" . . ./�. ... .� • .u.•5,:��.LH_= __"—_. - �Tl�i _'_ �;._ t�, .:rf� . . - '�j.'f:.:�:�.,- ._-_-='- ._....s� �.....{............._... _ . .r�1�� -�,�!^—_----..__ .. . - --...�-:.--��--------'-�—� ��-'"iS°t ^41_ ��•_�_o_-�,,..m.� _ . � ��-' �.Q�aS��r �_ DVA LQAN N0. LFNDERS LOAN NCl, APN 106Q7 137926 1539215004 nroADTUCY't' n� vcrcoer�c eFFere� ` YI�r t1/t/�7�.�1 i Yf 11 r�r��v a�tw .. ''..."� HOME d.OAN ASSUP�PTION RIDER - TO DEED OF YRUST/MORTGAGE NOTICE: THE D�BT SECURED HEREBY IS SUBJECT TO CALL IN FULL OR TH�TERMS THEREOF BEING RIIODIFIED IN THE EYENT OF SIhL��p�nNV�YANCE OF THE PROPERTY CANVFYCD. This Department of Vete�ans Aif�ira (iome Lo�n Assumptlon Rider la made thls i o t n day of H a y. 1 9 9 6 ,and amends the provlsiqna of the Deed of Trus4/MoRgage, (tho"Security Irastrument")ofthe same date,by alld bBtW@8I1 MARK A PURDIE and JODY L PUtiDIE, Husband and Wifn theTrustors/Mo�t�agora,alld C 0 L U M 0 U S F E D E R A L S A V 1 N G S B A N K th9 B8f1@�ICI1n/�MOrtgAJ@B, 8910�10W8: Adds tho foilowing provlslons: Nt�'�ICE: THIS LOAtV IS �VOT ASSUMABL� VIIITHC)lJT TH� /�PPR�VI�lL - n� T�� poRT1u1EN°� O� V�7'ERI�N� � M■ ■ � w� v�.. � �. � � ��._ _ - � - - AFF141R� C.�R IT'� �►UTF�ORIZED AG�IV�'. Thls loan may be declared immedlate!y dus ar�J payable upon t�anster of the property securing such loan to any transferee,unless the ecceptabAky of the assumption uf the loan Is e�tabllshad pursuar�to section 3714 of Chapter 37,Tftlo 38,Unfted States Code. A. Fuodtnp Fa�. A fee equal to one-half of t porcent of the batance of thls loan as of the date of trensFer of the property shall be payable at the time of t�nsfer to the loan hdder or ita authorized agent,as trustee for the DepartmeM of Veterans Affalrs. If the assumer faNs to pay thls fee at the ttme of tr�nsfer, the tee shall constftute en addklonal debt to that a[ready secured by thls instn�mant, shall bear Interest at the rate hereln pr�vlded, and, et the optlon of the payee of the (ndebteciness hereby secured or any trensferee thereof, ahall be Immediat�ly due �nd payabl�. 7his fee Is automatically wahr�d K the assumer Is exempt under the provislons of 38 U.�.C.�729(b). B. RroC�tsing Ch�rp�. Upon appllcatlon for approval to allow assumption of thls loan, a processin�fee may be charped by the loan holder or fts autharized agc��t for detemsinlnd the creditwoKhlness of the assumer end aubsequeMty revlsing the hdder's ownership recards when an approvad trensfer Is completed. Yhe amoun4 of this charge shall not exceed tfie maximum esteblished�y the DepartmeM of Veteran�s AHalrs for a loan to which sectlon 3714 af Chapter 37', Tttle 38,United$tatas Code�pplie�. C. Ir9d�mnityl LlaWlity. If ihls obllgatlon Is assumed,then the assumer hereby agreea to assume all of tho o�ITgatlon�ef the veteran under the tonns of the Inst�umer�e creating and secu�ing the loan, Including the obilgatlon of the veteran to IndemnNy the Department of Vaterans Affalrs to the extent of uny ctalm payment arisinp from the guaramy or insurance of the Indebtedn�ss created by thls Instrume►n. , iiUAiiANTY: Shouid the Department of Veterans Afiairs fali or retuse to Issue its guaranty In the full amount wfthln 60 days f�om thd date thsit this loan would normally become ell�ible for Such guaraMy committod upon b�l the Department of Veterans Affalrs under the provislon of Titln 38 of the U.S. code - "Veterans Benefite, the Mortgagoe may declare the Indebtedness hereby secured at once due and payabte and may toreclose Immedlately or may exerclse any othar rights hQreunder or t�ke any other proper action ae by law provlded. iN WITNESS WHEREOF,Trustor/Mortgagor has executed this Department of Veterans ANatrs Home Loar� Assumptlon Rkier. ; Slgnature of Trustor(s)/MoKgagor(o) /J l/ RK A PURDI@ , � -- J Y PUROIE -= ISC/VA ASSUMP710N RIDER•GUAHANTY//0794L M � � i � - _