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N _ <br /> _.. —..._ . _ ' � . . - • , #F'!_ <br /> � � f � - <br /> �r • • , � VOV2 ll �•'-•_-.1 '-"x�` ` ' ,`1'. <br /> �� � ^ . <br /> � `-_'-'__ i__'- ..'__ <br /> - VA GUA�NT�EID L0�1N AND�lSSU1VdP'1'IUN POLICI� RIDE�B . --�- . ..-- <br /> LOAN NO.�539216556 . � , <br /> � I�t�°I'YG�: THIS LOAN IS NOT ASS E��FE�T��NS �.-y • --����-: <br /> � APPROVAL �F �IE DEI9A1z�'M ���r�T`�-��`�� <br /> A�FA�tS OI� ITS AUTH�RIZED AGENT. - �: ��T�,�:� <br /> - .s:�. <br /> THIS VA GUARANTEF.D LOAN AND ASSUMpTION FOLICY RIDER is made this 31 St day of -- _- <br /> December 1996 ,and is incorpoiated into and shall be deemed to amend and svpplement the ��� � `-•' ��'�->� <br /> . Mortgage, D�ed of Tntct or Deed to Seciue Debt(hereia �SCGlTIty inctmment")date�of even daie herewith, '' _�;�..ti� <br /> ,. ;_,� = ,L- <br /> ; given by the undersigne�(herein"Borrower")to sewre Borrower's Natc to ` --- - <br /> COLUMBIIS FEDERAL SAYINGS BANK � ° _. � <br /> . � (herein'Lender•) w� � _ _ <br /> :.���.s <br /> , and covering the Property descdbed in the Seruriry Insm�ment and located az :` •' '{'�:�_, <br /> :�':: .. -. <br /> _---= .�,..x � <br /> 4055 EDNA DRIVE,GMMD ISIAP�D,NE 68803 J'--'y`""`-- . <br /> --:.,ti� <br /> :; <br /> (PmPerty AIIdtcss) ' ;; '{:�t'—''— <br /> .:,�. _ <br /> ;;.:. <br /> ,,�•? VA CstTAR�►NTEID LOAN COVENANT: In addition to the oovenants and agreemenu made in the Sec�rity -.�:. -�. <br /> Insm�ent,Borrower and Lender further coveaz*u aad agree as foilows: . <br /> If thP indebtedness secured hereby be guarantc�c3 or insured�r Tide 38. United States Code,such Tide and ...:� ., .. , ' <br /> , Reg�!zlions issu�thereunder aad in effect��rhe date hereof shall govem the righta, dnties and liabilities of <br /> Bo�¢�er a a d L e n d e r.A n y p r o v i s i o u s o f t h e S e c a i i ty I n s t r u m e m o r o t h e r+n�*^�ms n t s e x e c uted ia conaectioa with . �� � .�_. <br /> ..� ..;. ��„ <br /> saiL �.wbtedness whicb are inconsisteni with said Title or Regiilations. inctuding, but not limited w. the .., . ,_M: <br /> ,,7,�� {f ;. '':,: <br /> •.fs.� provi��n for payment of any snm in cannecdon with prepayment of the seaued indebtedness amd the provision ,.,:€ T,• `- <br /> that the I.ender may accelerate paymeat of the secured indebtedness pw�suant to Covenant 17 of the SecauIty '�. `" • �s� . � <br /> Insavment, are h�r�y amended or aegated t�r�r.extent ne�essary to coaform such insuumenss w said Tide or f..; .,,`' •j :. <br /> , Regulations. �`�' • �" �„° _ <br /> ,s��s:.{ � <br /> � , :,�.�':� ;�.: <br /> I ATE CHARGE: At Lender's optioa,Borrov�-e:�will pay a'late charge"a�t exceedIng four per centm(44b)af —��,ia � ,.,, <br /> the overdue payaenc when paid more than fifteen(iS�days after the due date thereof to wver the ea�tra expcnse ' � <br /> involvEd in handling delinquent payments,bat� "late charge"shall aot be payable out of che procEeds of any • .'�. <br /> sale made to s a t i s f y the iadebtedness secured Ir.�'ay, unless such proceeds are snfficient to dischazge the entire � ,�s�-,� � o �.��: <br /> indebtedness and a�l proper costs au d eapenses�r e d here b y. • �-= : <br /> ' G U A R�I N 1'Y:S h a n.'3 t h e D e p a r t ffi�t o f V e t e r-,�.s Affaus fail or refuse to issus its g u a r a nty in full aaaonsit withia ,.�' '�`''� �:. <br /> 60 t�.-y from the date ti�at this I�:a�uould ncYmally become eligible for suct�guaranty committed upoa by t be �': <br /> • .r;�� Depart��t of Veterdns Affairs �:zr the prnvLsions of �tle 38 of the U.S. Code "Veter�uos BeneSts," the ' ;�'�:'_ =� ' <br /> ,;�� � :� <br /> . Mortgagee may ds�c'�re the iadebie�iuess herel�a secured at once due and payable and may foreclose immediatelY � <br /> . ;.� or may exercise�y�Yher rights hemuader or r�?ke�y other pmper acaon as by law provIded. .-.�.,.-+�,.:.�,.;._ �' ' <br /> �___.._�;..... <br /> , TRANSFER OF THE PROPERTY:'fhis loaa may be declared immediauly du�and payable upan uansfer of the _ ___ <br />. ? property securing such loan to any transferee. untess the acceptabiliry of the assumption of the loan is�atablished _ _ <br /> ��:�� puisuaat to Section 3714 of Chapter 37,Title 38,United States Code. �'��� <br /> ; An suthorized transfer('assumprion")of tte pmperty shall also be subject to addit�onal wvenants aad agrcements <br /> �•3 as set fortb be2ow: � _ <br /> � (a)�SSUMk'��N PIJND,�Nd FEE:A fee equal to an�half of 1 peicent(.50%)of the balance of this loan � ' •���"' P•:.; <br />; �" ' as of the date of tr,�s:rr of the pro�:ty shsll be payable at t he t�m e o f aans fer ta t he loan ho l d e r or i t s a u t h o r i z e d . _�. <br /> ' ageut,as mistee for the Depar��t of Veterans Affaiis.If the assumet falla to pay t�ix ia�at tlie dme of tcansfer. ^��.�.{�^° <br /> � the fee shall oonstltute an add�:i:aaa?debt to that alt+eady secured by thts insuumem,�TS 3ear interest at the:ate �^.' u- ':��� �,`' <br /> � hereln provided,and,at the oa.i�n of the pay�of the indebtedness hereby sxured or a�:�:ransferee thaeof,sha11 �`•• •- . • � <br /> r ;�;'+��r:.' <br /> '• �+r+s�!�3,r,�c,�,r.i��.�-. <br /> � • VA�UAMNTEED LOAN lINA A5£^�1f3TI0111 PDI(t�Y RiDER �'`•;'?'�^•�rti4f�." <br /> . 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