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201007985
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Last modified
10/28/2010 4:26:24 PM
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10/28/2010 4:26:24 PM
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DEEDS
Inst Number
201007985
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201007985 <br />Loan Number: 329294 <br />VA Number: 34-34-6-0181772 <br />VA GUARANTEED LOAN AND <br />ASSUMPTION POLICY RIDER <br />NOTICE: THIS LOAN IS NOT ASSUMABLE WITHOUT THE <br />APPROVAL OF THE DEPARTMENT �F VETERANS AFFAIRS <br />OR ITS AUTHORIZED AGENT. <br />THIS V.A. GUARANTEED LOAN AND ASSUMFTION POLICY RIDER is made this 27th day of <br />October, 2010, and is incorporated into and shall be deerned to amend and supplement the Mortgage, Deed <br />of Trust or Deed to Secure Debt (herein "Security Instrument") dated of even date herewith, given by the <br />undersigned (herein "Borcower") to secure Borrower's Note to <br />MORTGAGE SOLUTIONS OF COLORADO, LLC <br />and covering the Property described in the Security Instrument and located at <br />2715 O'FLANNAGAN STREET <br />GRAND ISLAND, NEBRASKA 68803 <br />(herein "Lender") <br />(Property Address) <br />V.A. GUARANTEED LOAN COVENANT: In additian to the covenants and agreements made in th� <br />Security Instrument, Borrower and Lender further covenant and agree as follows: <br />if the indebtedness secured hereby be guaranteed or insured under Title 38, United States Code, such Title <br />and Regulations issued thereunder and in effect on the date hereof shall govern the rights, duties and <br />liabilities of Borrower and Lender. Any provisions of the Security Instrument or other instruments executed <br />in connection with said indebtedness which are inconsistent with said Title or Regulations, including, but not <br />limited to, the provision For payment of any surn in connection with prepayment of the secured indebtedness <br />and the provisian that the Lender may accelerate payment of the secured indebtedness pursuant to Covenant <br />18 of the Security instrument, are hereby amended or negated to the extent necessary ta conform such <br />instruments to said Title or Regulations. <br />LATE CHARGE: At Lender's option, Borrower will pay a"late charge" not exceeding four per c�ntum <br />(4%) of the overdue payment of principal and interest when paid more than fifteen (15) days after the due <br />date thereof to cover the extra expense involved in handling delinquent payrnents, but such "late charge" <br />shall not be payable out of the proceeds of any sale made to satisfy the indebtedness secured hereby, unless <br />such proceeds are sufficient to discharge the entire indebtedness and all proper costs and expenses secured <br />hereby. <br />VA Guaranteed Loan 8 Assumption Palicy Rider �U <br />Page 1 of 3 � <br />�as, ���. Borrower(s) Initials <br />
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