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201008004 ASSUMPTION RIDER �'iIiS �C��I� IS l�T�T ASSUMABLE WITHQUT THE APPRaVAL (�F T�-IE DEPARTM�l�fiT OF VETERA�TS AFFAIRS �R IT� �►.�'�'��l�.I�EI.� AC EI�T. THIS ASSUMPTIUN RIDER is rnade this 21 st day of October ZQ10 , and is incorporated into and shalt be d�med ta amend and suppiement the Martgage, Deed pf Trust, or Security Deed (the "Security Tnsirurner�') of #he same date gi�+en by #he unciersi�eci (the `Borrowei" S�CUT� $Ori'G�¢el''S NOtC t0 lFREE DOM DIRECT CORPORATION, A CORPORATIDN (the "I,ezader") of ihe sar�e �iate and cvvering :th�e Properly descri�ied an �he Security InsiTUU�e�t;and located .at: 904 �PLEA�A�M� iflf�N DR1V� - GRAND ISLAND, NE ¢8801 [Properky Address) ASS[TMPTIQN COVENANTS Tn additiom to the covenants and agr��nents maade in the Security �asfi�en�, Borr�er and L.ex�der �er covenat�t:and agee as follows: A. Acceleration Clause. T1ais lnan may be declared 'unmediately due and payable upan transfer of the property securing such lo�n to any transferee, unless dae acceptabilily of tlae asswnption af tlae loan is established pursuantto See�tion 3714 vf Chapter 37, Title 38, Unit�d States C�ode. B. Funding Fee Clause. A fee equal to one�-half of � percent of the balance ofthis laan as of the date of transfer of the pr�operty shall be payable at the time of transfer to the loan ho�der or its aut�arized a.�ent, as trustee for the �epartment of'Veterans Affairs. �f th�e assumer fai�ls to pay this fee at the time of transfer, the f�e shall constitute an additional debt to that already secured by this insirument, shall bear interest at the rata herein provided, ar�d at the option of the payec of the indebtedness hereby seeured or any brazasferee thereof, shall be unmediately dne and payable. This fee is autoznatically waived if the assumer is exempt under the provisians of 38 I.T.S.C. 3729(c). �C. Processing Charge G`�ause. L7pon application for ap�►toval to aidnw .assumption of this loan, a processing fee may be charged by the loan holder vr its authonized agent for determinixig the creditwnrthiness of the assumer and subsequentty revising the holder's ownership records whan an approved transfer is completed. 'The amount nf this charge shall not exceed �e maacim�rin established by #}�e �epart��ent of Veterans A�fairs for a loan to which Section 3�14 of Chapter 37, Title 38, United .States Code applies. D. Indemnity Llability Assumption Clause. If this obligation is assumed, then tkie assumer hereby a�es to assur►�e a11 of tYie ob�igations of the �eteraia under fihe t�rrns ofthe instruments creating ar�d secwring the loan. '3'he assumer ftlrther agrees to indemnifj+ the Deparlment of �eterans A1�airs to the extent of any claim payment arising frann the guaranty or insurance of the ir�debte�uess created t�y this instrument. MULTISTATE ASSU11'�PTION ILIDER--Suagie Fanaily—UN�F4RM INSTRi�M�1+TT MU�aTL�TATE IT.EM 75SOI,I GreatDocs� FOLi4'CNE55;KQDOU422737 (Pq�e 1 of2> 0 D042'�737