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20 �0�8253 <br />v4 �cn Lo� # 50307L6�� <br />additivnal debt ta that already s�ured by this instrument, sha11 �ear interest atthe rate herein <br />provided, and, at the option af the payee ofi the indebtedness hereby securecl ar any <br />transferee therevf, shall be immediately due and payable. This fee is automatic:ally waived <br />if the assum� is eacempt under �the provisians of 38 U.S.C. 37�J �c). <br />(b) ASSLJMPTION PROCESSING CHARGE: Upan applica#ion for approval to allow <br />assump#ianofth�sfoan,aprocessingfeernaybechargedbytheloanholderoritsauthorized <br />a�en# far det�mining the creditworthiness of the assumer and subsequen�y revising itie <br />holder's awnership r�oords whert an approveci transfer is c�mpl�ed. The amount of this <br />charge sha{I nat �cceed the ma�cimum established bythe Department of Veterans Affairs for <br />a Ic�an t� which 5ectian 3714 of Chapter 37, Title 38, United States Code applies. <br />(c) ASSUMPTION IND�MNITY_LkABII.ITY: If tf�is obligatian is assumed, then the <br />assumer hereby agr�es to assume al( af �bligations af the veteran under th�a terms <br />of the instrumerrts creating and securin� the loan. The assumer further agrees to <br />indemnify the DeparCment af Veterans Affa�rs to the extent c�f any claim payment arising <br />frnm the guaranty or insurance af the indeb�edness created by this instrument, <br />IN WITNESS WHEREUF, Borrow�r(s} has executed this VA Guaranteed Laan and <br />Assumption Policy Rider. _ <br />.� G'rn�/ � ( Seal } <br />� J S I.. b'RTE <br />,� <br />� <br />�LL� (Seal? <br />DEHRA I,. FA 1�D <br />VA GUARANTEED L�AN ANb ASSUMPTION POLICY RIpER <br />� 1988, 2008 Onllne DocumerRs Inc. Pag� 2 OT Z P8751ASR 0805 <br />�a-z9-2oia ia:o7 <br />