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<br /> �• �'A GUARAN7('C�ID IAAN E�A�SUN�PTION POa.ICY R�DEIZ � . .� :` •°.r.:�
<br /> ` w�tNO.1539216150 �� ��:`:,;`:".
<br /> __ NOTICE: THIS LOAN IS NOT ASSLI�I����RANS - � -,�' -- �
<br /> �F�S OR ITS AUTHO�E�GE�N� �`; :-,� , �-_: �.-
<br /> ;�. �.1.' S ,_
<br /> THIS VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER is made this lOth day of �,• `••'S�,.".�� �:�;., .'.:''`
<br /> �:�,>_�_s�,�.,_�..�:_..,.�...
<br /> October , 1996 ,and is insoipoiated into aa�d shall be deemed to am�d an�supplemsnt the I•.. ,��.���.=��:
<br /> .. � �Y'..,
<br />. ' Mortgage, Dzed of Tmst or Qeed to St�ue Debt(herein 'SauritY Instmmeat°)dEted of evea datx herewith. :•. . , � , "_.---
<br /> given by the undeisign�(hecein•Borrower')to secaue Borrower's Note to �___,__ -
<br /> � Ja'- � �r:'�.:�s.s.=
<br /> •x-!�_.'�._-___---
<br /> CULUMBUS FEDERAL SAYIN6S BAP�K y`_y�rsnr..-;;�_-
<br /> (dCIeiII'I.�IldBI°) �' .v --
<br /> .} �, __ s ._.,
<br /> and�avering the Propzrty descr�'bxd in the Security �mgnt aud loCated 2I r = "
<br /> ,�,,;�—_-9-----
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<br /> .r`��:: 90� S PINE STREET,GRAND ISLAND,NE 68801 :" -
<br /> %�I' �pmpe�ty Addcas) ��`- . `.t :'
<br /> �/A! GU�D]A/� C�V��T: III��IYIOII IO�C COYCIISIIIIC�3II�2gIC�CIILS II�C Ifl �SCCQIIL� CJ�t,� '�,�~.4-,'j'�`-�
<br />' 1.� In�r�ent,Eomnwer and I.ender fiuther covenanR�d agree as follows: � - ��.—
<br /> '��i�� If�indebtedntss sewred hercby be guaranteed or insated under Title 38, United States Code.s�ch�tte aad ' " _
<br /> •..�,�� . ° �--..
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<br /> ;� t Re�-�-�ons issued therwnder and in effece on the date heieof shall govem the ri�. daties aud liaba'li'ttes of � .�� .
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<br /> � •�f Bomower and Lrnder.Any provisions of tt�Sec�ity Instram�t or other inctn�mema�in o�ection with :_- —
<br /> � " �' w a.a..�....a..---
<br /> =:�: - sa;�, ....�..�..,.�„_ �r,� ar incans�� ��ith said Ttle or b �•m inrl�s�ing, but nc+t timired co, rhe �__ __
<br /> �� �' pmpislon for g��t of auy sum ia oor.m��on arith pmFaYmeut.of�Ise�indebtedness aad the piovision -�°T;�� . �_..
<br />?ii��r.:, that the Lrr�dez r�y acceleratc:paymect arf the seaued�ebtectaess�Uuisuamt w Covenant 17 of the Ser,�it� —
<br />_:-,_'�"`�;: Tnsm*��+s�2aeby am�er negatec!w the ext��ary to conform s¢cIz in��rumenis to said�tle ar . --;��: __-
<br /> .�r�t ltq�t�lada�s. _`:;:•�"• : °-
<br /> "����;.� iA'E!����t LEUder'��r�n,Gan�.r w71 pay a'late c�arge'not ex��four per centum C4°b)of " � .:`�' '�`:`.
<br /> L ud
<br /> . dt,aeretdu�pa�nt when�,::�3 mare th�t r_�n(iS�days after the due d�e thereafs to cover the eaua expease ?;� ��t-
<br /> • '�. _ irrrat�ried in haudling delinm+F*-.gaymenu,6ut suc8'late c�azge" shall not be payabl�aut of the pmceeds of any �
<br />`•7^;r+ �lr��r�ade to satisfy the iBdciFtrafuess secured hereby,r.nJ�rs snch praceeds are suffrr,ixi:z to disr�e the enta� ��: —
<br />•"t i,' inr'�aess a�all pmper ar.�ss aad expenses seaued$�. �
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<br /> OLIARANTY:Should the Depaztment of Veteians Affairs fail or refuse w issve iis gasrdasy ia full amonnt arithin 4:±,;':'::z�r;
<br /> ; gaa asy
<br /> ' � 60 days from the date that this loan wontd noimally become eligi'ble for such guaranty cammittad upon hy the _ <.;.:__
<br /> :;;.,;' Deg�rtment of VeLerans Affaus un�er the provisions of rtde 38 of the U.S. Code 'Vet�aas Benefits,• the ;.�, � . • � . -�
<br /> ' M a Y t g a g e e m a y d e c l a r e t h e i n d e b t e d n e s s h e r e b y s e c u r e d a t o n c e d u e a a d a y a b l e a a d m a y f o�c l o se i�e d i a tel �.'` ,, ;;'� �-
<br /> ''• or may exeretse�y other r��.hereuader or take airy ott�:proper action as by law g�vs�sd. Y ,� �f ,� .
<br /> `� 1 immed�atel dne and a ab2e a trcwsfe�of the ??�. -.
<br /> .. •��.�; TRANSFER OF THE PROl�i1i'�Y:1Y�is loan may be der ared y p'Y �
<br /> . : Prape�+s�i�i;such laan ts�any uansfe�e„unleas the acceptabi2ity of dte as��piion of the loaa is est2blish�d _ :«�,:,�-.
<br /> :'`` putsnant to Secdrar!3714 of�apter 37,Tu7r�333,United Stazes C:�de. " � .�s,
<br /> An anthorized�:er('ass�ion')of the�mperty shall also be subject to additional covenants�agreementa _ ;°�
<br /> -���4�:; ' �r�!forth belaw: - . ,�,��
<br />-}�'"H�r�� � �a)AS-UN1PT[UN_FL�?�?!?rl__G_FE�:A fee to on�half of 1 t(.505"0 of the bzlas�of this I�u �-� �
<br /> j:::'"'�: as of the date af.r,caasfer of the praperty sh:!�be pa�e at t�e dme of u�erf to the 1 aa holder ffr.i,�auilmrize� �;.�,
<br /> a�ent;a4 tnutera tf�the Departmeai of Vet�sas Affairs.If the asse�er fails m pay this fee at the tinu�of transfer, • � - >>
<br /> the fee shall ca�sa�te aa additional debt to that a]ready secaued by this 9nstrament.s�all bear intesest az the rau '`"*'t��t'
<br />•s:�..�: ' herein provided.md.at the aption of the payee of the indebtedaess hereby secu�d ar a►s j transferee thenof.s�zlL . . _�.�,�.y3,�y. .� ...;�. ,.
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