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2011Q02�� ►•i:� r��:�►r;rr�T� NOTICE: THIS LOAN IS NOT ASSUMABLE W�THOUT THE APPROVAL OF THE DEPARTMENT OF VETERANS AFFAIRS OR ITS AUTHORIZED AGENT. THIS VA LOAN RIDER is made this 13th day of January 2011 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust, or Deed to Secure Debt (herein "Security Instrument") dated of even date herewith, given bythe undersi�ned (herein "Borrower") to secure Borrower'sNote to CharterWest National Sank (herein "L.ender") and covering the Property described in the security instrument and located at: 2110 Pioneer Blvd Grand Island, NE b8801 Property Address Cuaranty or Insurance of Loans to Veterans: In addition to the covenants and agreements made in the Security Instrument, Borrower and L.ender fi.irther covenant and agree as follows: Regulations issued under 38 USC Chapter 37, and in effect on the date of this Security Instrument, shall govern the rights, duties, and liabilities of the parties to this loan and any provisions of the loan instrumenCs inconsistent with such regulations are hereby amended and supplemented to conform thereto. Acceleration Clause: '['his loan may be declared immediately due and payable upon transfer of the 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-half of 1 percent of the balance ofthis loan as ofthe date of transfer of the property shal I be payable at the time of transfer to the loan holder or its authorized agent, as trustee for the Department of Veterans Af�airs. If the assumer fails to pay this fee at the time of transfer, the fee shall constitute an additional debt to that already secured by this instrument, shal I bear interest at the rate herein provided, and at the option of the payee of the indebtedness hereby secured or any transferee thereof, 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 maybe charged bythe loan holder or its authorized agent for determining the creditworthiness of the assumer and subsequently revising the holder's ownership records when an apprvved transfer is completed. The amount ofthis charge shall not exceed the maximum established by the Department of Veterans Affairs for a loan to which Section 3714 of Chapter 37, Title 3$, United States Code applies. Indemnity Liability Assunnption Clause: If this obligation is assumed, then the assumer hereby agrees ta assume all of the obligations of the veCeran under the terms ofthe instruments creating and securing the IQan. The assumer further agrees to indemnify the Department of Vetecans Affairs to the extent ofany clairn payment arisin� from the guaranty or insurance ofthe indebtedness created by this instrument. �f / � (Seal) ,G� ��''�'.G -�-�t.��'`_. �(Sea1) �O �' rando K Warner �<��'�"' Cry ta M Warner Borrowcr (Seal) BUrYOw�' (Seal) 18498,CV (12/OS) 90460G GOTO(OU 146283 )