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� 20�W007524 VA LOAN RIDER NOTICE: THIS LOAN IS NOT ASSUMABLE WITHOUT THE APPROVAL OF THE DEPARTMENT �F VETERANS AFFAIRS OR ITS AUTHORIZED AGENT. THIS VA LOAN RIDER is mada this 12th day of October , 2010 , and is incorporated into and shall be deemed to amend and supplement the Mort�;age, Deed of Trust, or Deed to Secure Debt (herein "Security Instrument") dated of ev�n date herewith, given by the undersigned (herein "Borrower") to secure Borrawer's Note ta CharterWest National Bank (herein "i.ender") and covering the Praperty described in the security instrument and located at: 911 Main St Wood River, NE 68883 Property Address Cuaranty or Insurance pt Lo�ns ta Veterans: In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: Re�;ulations issued under 38 USC Chapter 37, and in effect on the date of this Security Instrument, shall govern the rights, duties, and liabilities ofthe parties to this loan and any provisions ofthe loan instruments inconsistent with such regulations are hereby amended and supplemented ta conform thereto. Acceleration Clause: This loan may be declared immediately due and payable upon transfer ofthe property securing such loan to any transferee, unless the acceptability of the assumption of the loan is established pursuant to Section 3714 of Chapter 37, Title 38, United States Code. Funding Fee Clause: A fee equal to one-halfof 1 percent ofthe balance ofthis loan as ofthe date oftransfer ofthe property shall be payable at the time of transfer to the loan holder ar its authorized agent, as tt-ustee for the Department of Veterans Affairs. If the assumer fails to pay this fee at the time oftransfer, the fee shall constitute an additional debt to that already secured by this instrument, shall bear interest at the rate herein provided, and at the option of the payee af the indebtedness hereby secured or any transferee thereaf, shall be immediately due and payable. This fee is automatically waived if the assumer is exempt under the provisions of 38 U.S.C. 3729(c). Processing Charge Clause: Upon application for approval to allow assumption ofthis loan, a processing fee may be charged bythe loan holder or its authorized agent far determining the creditwarthiness of the assumer and subsequently revising the holder's ownership r�cords when an approved transfer is campleted. The amount afthis charge shall not exceed the maximum established by the Department af Veterans Affairs far a loan to which Section 3714 of Chapter 37, Title 38, United States Code applies. Indemnity Liability Assumptipn Clause: If this oblig;ation is assumed, then the assumer hereby agrees to assume all of the obligations afthe veteran under the terms ofthe instruments creating and securing the loan. The assumer further agrees to indemnify the Department of Veterans Affairs to the extent of any claim payment arising from the guaranty or insurance of the indebtedness created by this instrument. (Seal) Borrowcr Steven G Kostman Borrower Borrower (Seal) Borruwer 18498.CV (I2/OS) 904495 (Seal) (Seal) (iOTO(0012edt3)