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<br /> �; _ . be immediaiely due and payable.This fee is automaticalIy waived if the ass�mer is exempt tmder the prnvisions of , .
<br /> ` _ 38 U.S.C.3729(c�. ��
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<br /> �;.• (b)ASSUMPTION PROCESSING CHARGE: Upon applic�aaon for approval to allow assumption of this _�
<br /> toaa, a pmcessing fee may be N�arged by the loan flolder or its authori�ed agent for determining che ''
<br /> • _ . � creditwort6iness of the assumer aad subseqnently zevising the holder's ownership records when an approved `� „�- .
<br /> uansfer is comp2eted.The amount of this charge shall not eaceed the ma.=;+*n�m established by the Department of `� �� .
<br /> ' 3' Veter�s Affaus for a toan m whicfi S�ion 3714 of C�pter 37,Tide 38,United States Code applies. •�: �. --
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<br /> �, ` �t _ (c)ASSIJMP7TON IND LIABILITY:If this obligation is assumed,then the assumer hereby agrees � J,r,_,-
<br /> �"�::' � to as..^u�s2:cf i�°.oh2igatians of the veter�under the terms of the insuuments creatmg and securing the loan. �.. Y --
<br /> • - ; :t,;� The assumer further agrees co indemnify the Depamment of Veterans AfFairs to the extent of any►claim payment
<br /> , . . .� arising fmm the gnaianty or insurance of the indebtedness c r e a t e d b y t h i s in.stn��+*. , .
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<br /> ;' '�. � ':.'� � II�T WiTNFSS VIiHEREOF.Bosmwer(s)has executed ttvs VA Guaranteed Loan and Assumprion Policy Rider. �
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