|
. . -v�'--'=.h_� ' . ' ' - i ' zst.
<br /> At ` t 'f , ` 4—.—__+ _ ` Y . — , ` _ ` t._.._ . .r._ '_ — .--rCr��.
<br /> �.
<br /> � - . . c
<br /> .. � . . � -` . � . .
<br /> .. _ , � `' . - tt , . ._ . . . - � . _ �..'.' ��e.
<br /> ,. . , . "' • ' c -c. .-- .r..... r` . . :�`.' ... .. . .. ,.- . . � . _ .."' . . . _ .' . '�z��
<br /> .-. , . � . �{ �. F .=�- w.�_�.r....... . " _ c _ _._.�.. .... . �[C <'.-.
<br /> �� .. _ - ..."j' 4,(( . .=_�.(� .. .
<br /> 1 •
<br /> ' �.
<br /> . . \ _ .. ��}-...�
<br /> _ ' ' = ^ �' t. � . .•
<br /> . K� . � _ :j vA �ASSUNlPTOO6�! �oL�cv F�to�R ��— i�3��4 � .. .. , �
<br /> �• � EfOTiCE: THiS LO/!N IS NOT ASSUMd1�LE WITHOUT THE APPRAVAL OF � .. �� .
<br /> '�: � � � � THE DIEPAEtTMENT OF 11E'TEl�1NS AFFI�iRS OR ITS , • � . ,�� .
<br /> . l�llTHORIZED BitaENY. <.-.� , ��.:. �
<br /> . � •� - •zE- • .. . _�.`
<br /> _ . _�..� . •:3.�' t -._- ..
<br /> ..
<br /> THIS/6SSUMPTtQN POL[CY RIOER IS made this 6t�1 _dSY Of March . 1998 .and ts inca�vo�atea tnto ; -' -
<br /> end shall be deemed to smend and supplement the Mor�gage. Oeed of Trust,or Oeed to Secuce Detrt("�nsCumenY)of tAe seme dete • ` -
<br /> � nerewah,given by the undersigned('Martgagar")to secure the MaRgagofs Note('Nots'of Me SBme date to U N l T E D NEBi�ASKA ; � �•
<br /> __ . BAINK ; . . : � <. - ;
<br />- -• ` rts successors end ass�s('MorqageB'�and caverin9 the ProP�Y descnbed in the Instrument end tocateG ax • ° � ���` `° -
<br /> . �
<br /> � 981 W 17'TH ST GRAND ISlAND NEBRASKA 68801 ° •`�;.�.:.'��`,}�,�.
<br />- _ • �' Ropatf aEQteaa .��. �., ":';`
<br /> .. . , ,�" `�`:�_�,'+•:
<br /> '.�'.. ,:
<br />���,'- 'r . . . �,�.
<br /> � . , Norivithstanding anything to tAe cantrary set forth tn ihe Instrument. MoRgagee and Mortg�qor hereby acknow�edge and agree to the � ._ k-_-
<br /> . . '.�� _�.,
<br /> � foUawing:
<br /> . ` . r G(IARANTY: SAoutd M8 Oepariment of Veterens Aflaus fail or tefuse to (ssue�.s guerantY in fuU amount w@hin 60 days irom the dat8 ,, •},-�-�._.
<br /> ' S •.�„" . s',_—
<br /> r. r� that this laan woutd normatly beCOme eGgbie for such guaranty committe[i upc,� �r tha Oapartmeat a! Veterans Afta6s nnder the _•: _-,��r'�
<br /> provisans of Title 38 ot the US. Code 'Veterans Benefas',the MoRgagae maY dectare the mQebtedness hereby SeCUred at once due =;;;;�r,;:- : :='�.=
<br /> �,.�-�.
<br /> '��:'"`'' anQ ,;.dyaCle and may forectose immediateTy or may exercise m►y other rtghts here�nder ar teke 8ny otAer praper actlon as by law �'t:;=.;r;_: ._•..._
<br /> :.i. j'`�E_.:
<br /> � , provided. � .. :� �:�"�:�,
<br /> . ..;.� -�'':.,. .:,,�.-_-_,..
<br /> , . : � TRANSFEFi OF THE PROPfcF�IY: It sII er any part ot the property or eny interest in it is sotd or uansierred�this�oan may be , � �� _
<br /> ::..i aeetased immadiatey due and Daya4�8 upon vanster (°assumption� ot the pmpertSr securing such laan to any transteres('assumer°). ��j� :_
<br /> '�� - � ` un�ess the acceptability of the assumption and transier of this toen is estebGshed by the Oepartment ot Vaterans Affabs ot�s authorf�9d �" ," '
<br /> , , . . ':�•�:=:
<br /> agent putsuent to secUon 3Tt4 ot Chapter 37,Trtte 38,United Statea CoQa =�....�._-.
<br /> � � An authoraed trar•�'zr('assumption")ot the prcpeRy shatl aiso be subject to addiNanal covenarrts and agreements as set forth betow: ,.�.�, :;-y��a-
<br /> ; . • �;.:��.
<br /> �8)ASSUMPTION FUl��ll1lG FEE: A fee equal to on�half ot t percent(SO°.�)of the unpaid princ�ai batance of this loen
<br /> ,�, � as pt the date af transfer of the property sha0 be payab(e at the ttme o1 transfer to tha mortgagee or its authorized agent,es truste9 tot ,,� �
<br /> the Depertment of Veterans AffaUS. If the assumer fa0.s to pay thts tes at the tima of trar►sfer,lhe tee shatl constfiite an addiNonal debt _ • °�`�°'"
<br /> �''� ' to that aUeady seCUred by this insbvment, shaA bear interes!at Ihe rats hereb► proviQed. and.at the option of the moKgagee ot the .����
<br /> �- .. . ..,�t
<br /> � •� • e�debtedness hereby secuted or any uensferee theteol, sha0 be immediatey due and payable. This fea is automaticatly wai�►ed ff the ,:;,�.
<br /> ; t,,..,._ ..__ ` �umer Is exempt under the provisions ot 38 US.C.3729(c). ��..:��
<br /> � . "`*.+sr��,_
<br /> . ,��;;.
<br /> � (b) ASSUMPTION PROCESSING CHARGE: Upon appucatton tor approval to aitow assumption and transier of thts loan,e .. � "-�:-.
<br /> , , .��;._'
<br /> , . �, processing fee may Ee charged by the maRgage9 or its authorlmd egenl tor detertn�ning the creditworthtness of the es5umer and � ..:�,,: _ _
<br /> • ' subsequenty revising the �otders ownership records when an approve0 transfeT is compteted. The emount of this charge shan not
<br /> �' • ��. exceed the lesser et the maximum establ'Shed by the DepaRment ot Veterens AttaUs br p loan to whiCD SBCtion 3�14 ot Chepter 37,'fitie . � ...��
<br /> . . -� , ?s�;.
<br /> . .•_ ':�, 38. Unded State�CoQe appiles or any maximum prescrDetl by applicabta State taw. . . • -
<br />. . . . . • 1 � _ —_��P.
<br /> - � � • (c) QSSUMPTION INDEMNiTY LIABII.ITY: !f this obi�apon t�assumed,then Me 855umer h6reby Sgrees t0 ASSUm9 80 01 .:,:.� ,.
<br /> � ' '� � the ob;getions ot the veteren under the tertns of the instNments CresUng ena SeCUrfig the loen•Th8 essumer fuRh@r agfee9 t0 IndemnHy , .
<br /> - ' �� the Department ot Veterans AHaus to the�ctent ot any ctaim payment erising hom!he guaranty or insurance at thA inQebtedness C�eated ° .
<br /> . , . . , py this instrument - , ' . ..- . _
<br /> . ` IN WRNES9 WiiEREOf.the grantor has hereunto set his hand and seai on the day and year fxst hereinbetore written. � ' •
<br /> . .� (SEAL) •
<br />. MortplIIOr �T �.�. H R�8 � .
<br />... o� ' ' I . ..
<br /> .. I !�`\1`' .
<br /> . � / �" � � ' • .
<br /> : . . �. �5�� .
<br /> nno�ea,ao S S D STRASB R
<br /> . • . . . � :� ' , .. . . :'
<br />=_,', •. � � . � (SEAL) ..
<br /> Mortyapor
<br /> . � . '
<br /> �
<br /> i I
<br /> � Mon�apo� �$EAL) [
<br /> .. .'t�.: � .
<br /> . � .
<br /> 1 � ' '
<br /> ' i '. .
<br /> . . � i
<br /> � cses��v�c ieg�i •
<br /> [ - •-
<br /> , � .
<br /> � ,
<br /> : r ` a�e f ' .
<br /> . �
<br /> _. i
<br /> . --- —'"��-�- _ .
<br /> - . . . . • � ....... . .� .. . ._ . • . .. .. . . .. . . . . � ..-o�... ... ... ..., . . ....: . -. . .. . a . _..+..-._. ._�1,�,. .. ._ .. �.rt\ . . . .. _'�`. . . . . . __ � .
<br /> i •f.:
<br />
|