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<br /> � VA A�U�fiP'�ION POLICY RIDER F.� '. " � ' ` . —
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<br /> NATICE: THIS L.�t�iC�9 !S 4!!�� ��IJMb�LE V!!lTI�8�49T TF6E l�PPF�S�V�. �F � � . �. � . . �:�r::�
<br /> THE DE���Y�IlI��lY O� VEYERAIVS AFF�IIRS O� 9TS � _ . . . � --
<br /> AUT�iORIZED AGENT. . ,_ ;� .. -:
<br /> - TFiiS ASSUiViFT�ON FOtICY RiDER is made this 31SY daY ot R!lBTCh . 19J7 . end is hcorParated into --- - -- _ '--
<br />' end sh811 be deemed to amend and supplsment the Mortgags. Deed of Trust, or peed to Secure Qabt C�AStrumanY)of the same date . _
<br /> her6with,qiven by tha undersigned('MoRgagor')to Secure the Mottg&gors Noto('Not9'7 of the same date to UNRED NEBRASKA � : � : ,� __
<br /> BANEt � —
<br /> its successors and assipns(`Mortga82e'eed covet�p the propsnY descnbed�the Ins4umerrt and locatad at 408 �1 RU6V t'aRAP1D - _
<br /> �SLAND NIEBRAS.�.A 68803 . ' .:
<br /> RoDorty Addnss . � .. -
<br /> Notw�lhstandhg anything to the contrary set forth �n the �nsUument, Mortgagee end MoRgagot hereby acknowledge and egree to the : .. , `. `�� .�'�
<br /> � � to�]owtng: • . ' , �-
<br /> , 1 GUN3ANTY: Shoukf the Departrtient of Veterans Affairs fait or refuse to issue its guamnty in fuil emount wdhin 60 days from the date that . _� . - .
<br /> . this lo8n wouid nortnally become elig�bte for such guarenty corrunitted upon by the Oepartment of Veterans AHatrs undsr the pra�isbns of . . " �
<br /> � Titte 38 of ttie US. Code Neterans 8enefits', the Mortgegea maY deciare the tidebtedness hereby secured at oneo due and payabb end ,.
<br /> • may forecbse irnmadtatsly at may axsrcise any other ryhts hereunder or take eny other proDer acUon es by law provided. � , ° �'r�:
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<br /> TRANSPER OF THE PHOPERYY: It ao or eny part ot the property or any interest in ft Is sold or transterrad,this ban may be ,`. - *. `- ��
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<br /> dectared Yrunediatey due and payable upon transfer('sssumptbn')of the propeRy securY�g such ban to any transterae('assumer"),uotess , ' , �
<br /> :; the acceptebBty of the assumptbn and transfer of this ban is esteblished by the DepeAment of Vaterar►s AHaks or fts authorFied aQent . �����; .'
<br /> �: pursuent to soctlon 3774 of Chapter 37,T�te 3B.UnRed States Code. ` ` �'� �
<br /> � An authort�d Vensfar('assumptkn�of the property�hali also be subject to addiHonal covenants end asreements es set torth bobw: �` �" ''
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<br /> , (8)ASSUMPTION FUNOING FEE: A fee equsl to on�haN of 1 percent(.50%)of the unpatd D�►cipal 6alance of thls ban as , •. •'�,`g �;, �;.
<br /> � of the date of Uanster of the property shaU be payabi�at the tfine ot transfer to tha moRQagee or Rs authorixed agent,as busLee far the ,�y��.• ,
<br /> � Department of Veterans Affats. If tha assumer tatts to pay this fee at the time af Vens4er,the fee shaU consliWte en addtlonat debt to tlfat �
<br /> ` atready socurod by this �nstrum2nt, shatt bear inierest at the rete herein provSded,and, at the opUon of the moRgagae of the fndebtedness . A ����. --
<br /> hereby secured or eny transferee thereof, shail be tmmediately due and payebls. Thts tee ks automaticalty wahred H tho assumor is e�wmpt • '�� �� �
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<br /> unCer the provlsbns ot 38 US.C.3729(c} ~'� " �� _
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<br /> (b) ASSUMPTIOI�! PROCES�ING CHARGE: Upon epp�caUon for apptovel to aitow essumptbn and transfar of this ban,a - �
<br /> ' proceSSinp tae may bo charyed by the mortpagea or its authorixed eyont fot determininq the crediiworthhess o7 the assumer end '.`��..��� . ' c••_
<br /> subsequantry revuinp the hotders ovmershtp records when an approvad transfer Is compteted. The amount of this charpe shall not exceed •��,�._ �
<br /> the tessw at the mWmum estabGShed by the Departmen!of Veterans AHahs 1or a ban to which Section 3714 ot Chapter 37.TRta 38,UnR9d , _ , �'-•�_- .
<br /> . Statos Code apptles or eny maximum prescrbed bY epDlk�bfe Stato iaw. , `��"��: �
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<br /> ::� (C) ASSUMPTiON IN�EiIflNRY L.IdBiLi�'Y: If thb obltpatlon is assum�d,thsn tha nssumrr hrrcby a�e:�to a�auma aA a!tf� �_ �y�,�'��,
<br /> obtisatbns of ths vatwan unQw tho terms of the instruments creatfnp 8nd securhy tha ioan.The essutnat fuRhir a�rN� to fndwnnily tfw � '
<br /> Qepart�nsnt of Veterans ANairs to ttie�ent ot any claim paymant arbinp hom the guaranry or insurance of t�e hdebtednoss created by thb '�`"� �
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<br /> � �151(UR16(11. .�:.�-<�c
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<br /> ---� IN WRNESS WHF.FiEOF,the qn�ntor has herounto set hls hand and sesi on the day and year ttrst herelnbefore vniiten. � ;-�••
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