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. . , , � , 201108366 LOAA #s 9879965 CASE #s 34-34-6—Oi84603 MiH: 1a05848—fl604007443-D VA GUARANTEED taAN AND ASSUMP7lON POLICY RIDER NQTI�E: THIS LOAN 1S NO�AS�L111![�4B�E WITHQUT THE APPI�C�VAL t�F T�-1E QEPARTMENT OF VETERANS AFFAIRS QR tT�AUTHC��IZED AGENT. THIS VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER is made this 14TH CIa�/Of SEPTSMBER� 2oii, and is incorparated irrto 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 by the undersigned (herein "Borrower")to secure Borrower's Nate to l7NITED SECURITY Fzxxxczr,�., A irrnx CORPORATION (herein "Lender") and co�ering the Praperty descrit�ed in the Security 4nstrument and loeated at 237 North Darr Avenve Grand Isla�d� IIE 68803 !FR�kJARA�lTEED LOAN:EC)VENANT:In additior�ta Ehe eoven�nts arsd ag�eernents made in the Security Instrumertt,Barrcwver and Leneler further eQVenar�t and agree as faNcwvs: If the indebtedness secured hereby be guaranteed or insured under Title 38,United States Code,such Title and Regulations issued thereunder and in effect on the date hereof shall governthe rights,dutiesand IiabilitiesofBorrowerand Lender.Any prorrisions af the Security Instrument or other instrurnerns executed in amnection with said indebtedness which are inconsistent with said Title or Regulations, including, but not limi#ed to,the provision for paymerrt of any sum in connection with pr�ayment of the s�ured indebtedness and the prov�sion that the Lender may accelerate payment of the s�ured indebted ness pursuantto Covenant 18 of the Security Instrumerrt, are hereby amended or negated to the ejctent necessary to conform such instruments ta said Title or Regulations. LATECHARGE:AtLender'soption,and asallowed byapplicablestatelaw,Borrowerwill pay a"late charge"not e�cce�ing four per cerrtum(4%)o#the overd ue payment when paid rnore than fifteen(15)daysaftertheduedatethereofto coverthe eactra expense involved in handling delinquent payments,but such"late charge"shall not be payable out ofithe proceeds of any sals made to satisfy the mdebtedness s�cured hereby,unless such proceeds are sufficient to discharge the errtire indebt�iness and all proper costs and expenses secured hereby. GUAFiANTY:Should the Department of Veterans Affairs iail or refuse to issue its guaranty in full amourrtwithin 60daysfrom the datethatthis loan would normally becomeeligible forsuch guararrty committed upon bythe DepartmentafVeteransAfFairs underthe provisions of Title 38 of the U.S. Code `Veterans Benefits,"the Mortgagee may declare the indebtedness hereby secured at once due and payable and may foreclose immediately or may exercise any other rights hereunder or take any other proper actian as by law provided. TRANSFER OF THE PROPERTY: This 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 Gode. An authorized tra�tsfer{"ass�rnption"}c�#thepraperty shall ats�FZesubjectta adcfitionaE covenants ar�d agreeme�t#s as se�forth�elow: {a) ASSUMPTION FUNDING FEE:A fee equal to one-half of 1 percer�t (.50%} of the balance of this loan as of the date of transfer of the property shall be payable at the time of transfer to the loan holder or itsauthorized agerrt,as trustee for the Department of Veterans Affairs. If the assumer fails to pay this fee at the time af transfer,the fee shall constitute an v��nnR�,��c3a��,�ronssur��no�t�rc�r��[ aa�i.tials:�G�/w��, Online0o�umenis,lnc. �8g@ f O�� 2 � �PS�SyASR 11� �