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<br /> .+�. THE TITLE "SECRETARY OF VETBRANS AFFAIRS" SHALL BE SUBSTITUTED F0� THAT OF "AOMINISTRATQR
<br /> �-- =���,:,::""""�'��.; • OP VETERANS AFFAIRS" EACH TINE THAT IT APPEARS IN THIS DOCUMENT PURSUANT TO THE PROVISIONS
<br /> " "��`'`�-„=- OF SECTION 2� PUB. L. N0. �QO-527� THE OEPARTMENT OF VETERANS AFFAIRS AGT.
<br /> ._—v—�.r�� VAIG�NNO L�MOERi AHHO
<br /> "---==�:� � �2-- 103'79� 121-130 L 26�103 VA
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<br /> .��''�'��`:`. VA HOME LOAN ASS�JMPTION RIDER -
<br /> �� � '� TO DEED� OF TRUST / MORTGAGE
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<br /> _ .,.,,�,_:;,;�.�;.r;:. . This VA L.oan Assumption Rider is made this ��h day of Aprfl, 1992
<br /> - -- ;�,.,�.,�}�, ;`� .� and ameads tbe provisiona of the Dood of Trust/Mortga�e,(the"3ecurity Instrument")of the same date,
<br /> •lr;,=:,�..�'�,(�•u. �. by and betwan Clyde R. Kingsley end Glenne L, Kingsley. each in hie end
<br /> `b�'��'' ��`�`. her awn right� and ott apouse of AACI7 other _
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<br /> :+�'. - �tltc Trustars/Mongagors�and
<br /> — �`��'" The Equitable Building end Loan Association a�and Isl na, Nebras�c �
<br /> -;.�•"s'�o. ,°..� 'The efiqan��Mortge�ee.as fc►�lowa:
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<br /> _ =.-` � Add�the fo1lowinQ pravislons:
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<br />-- THIS LOAN L5 NOT ASSUMABLE WTTHOUT TgIE
<br /> `���`��.�`.:-���� �i APPROVAL OF THE VETERANS ADMINISTRATION OR
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<br /> °' '� � � '� ITS AZJTHORIZED AGENT.
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<br />�:{''�%+t�,'�''�"'``°,'' This loan is immedlately due and payable upon transfer of the property securing such loan to any transferee.
<br /> ,N ;,. ,,. .. .. unless the accxptability of the assumption of the loan is esteblished pursuant to sectioa 1817A of chapter 37,
<br />''�� , ° t�tle 38.Unitod States Code. _
<br /> :�::a��:' . „,.. ,... ,.. A. FnadinQ Fee.A fee equal to one-half of 1 percenc of the balance of this toan as of the date of
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<br /> ----� a• transfer of the property shall be payable at the time of transfer to the loan hoWer or its author�ud
<br /> �i� ..x.�t .,�,_ �s,�t�c��e f�r che Administrator of Veterans Affairs. If the assumer fails to pay thts fa at
<br /> :,',":�� .,,,;, .},.: �. the time of transfer,the fee shall constitute an additional debt to that already secured by this in-
<br /> .r`<<, ; :'�a.j..-.:�; ..r strwment�shall bear interest at the rate herein pro��Ieled.and,at the option of the payce of the in-
<br />��`�`:���� ° debtedness hereby secwed or any transferee thereoff,shall be immediately due and payable.This
<br />'��'��' � " � fee js automaticaUy waived if the asswner is txempt under the provisions of 38 U.S.C. 1829(b).
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<br /> ;°�� ;. g, proceseia�Cq�r�e.Upon application far approval to allow assumptlon of this loan,a processing
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<br /> fa may be chargcd by the loan holder or its author�zed agent for determining the creditorworthi-
<br /> ; - �a.._,: . ness of the assumer and subsequently revising the holdcr's owntrship records when an approved
<br /> ,t.,}._,.� . . � transfer is completed.The amount of tbis charge shall not exceed the anaximum established by the
<br /> _, �} .� . Veterans'Administration for a losn to which section 1817A of Gfiapter 37,title 38.United States
<br /> :.�r'�_ , :, Code applies.
<br /> ' C. lndemolty I.lAbllity."If this obligatton is assumed, then the assumer hereby agrees to assume all
<br /> ...,.: �" �`.: 01'the obligations of the veteran under the terms of the instruments creatlr�g and securfng the
<br /> '. "•� lopn�including the obligation of the veteran to indemnify the Veterans'Administration to the ex-
<br /> �y!:`�.. � tent of any claim payment arising from the guaranty or insurence of the indebtedness created by
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<br /> . ��� �,;�,�1;�.� thls insuument."
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<br /> ° IN WITNESS WHEREOF, Trustor/Mongagor has executed this VA Loan Assumption Rider. .
<br /> ` Signature of Trustor(s)/ Mongagorls)
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<br /> �� " C1 de R. Kingsley Glenna L. King le � ,r
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<br /> To Reo�derCa��O�eat I.okes Buvness Forms��c
<br /> OLBF FORM 4816 Nahona�W ta0P453020Y M�c�iga�1.�06 '�fi26�7
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