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��91109��� <br />(i) Who cannot reasonably be e�ected to occupy the property as a principal Residence within a <br />reasonable time after the sale or transfer, all as provided in Section 143(c) and (i)(2) of the <br />Intemal Revenue Code; or <br />The following addenda to the Mortgage shall be incorporated into, and recorded with, the Mortgage. The term <br />"Mortgage" shall be deemed to include "Deed of Trust " if applicable. <br />THIS TAX-EXEMPT FINANCING RIDER is made the date set forth below and is incorporated into and shall be <br />deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed ("Security Instrument") of the same date <br />given by the undersigned ("Borrower�) to secure Borrower's Note ("Note to CharterWest National Bank <br />("Lender") of the same date and <br />covering the property described in the Security Instrument and located at the property and address described as follows: <br />Address: 208 W 17th St Grand Island, NE 68801 <br />In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further <br />covenant and agree to amend Paragraph 9 of the Model Mortgage Form, entitled "Grounds for Acceleration of Debt,° by <br />adding additional grounds for acceleration as follows: <br />Lender, or such of its successors or assigns as may by separate instrument assume responsibil'dy for assuring <br />compliance by the Borrower with the provisions of this Tax-Exempt Financing Rider, may require immediffie payment in full <br />of all sums secured by this Security Instrument if: <br />(a) All or part of the Property is sold or othervvise transferred by Borrower to a purchaser or other <br />transferee: <br />(ii) Who has had a present ownership interest in a principal Residence during any part of the <br />three-year period ending on the date of the sale or transfer, all as provided in Section 143(d) <br />and (i)(2) of the Intemal Revenue Code (except that "100 percenY' shall be substituted for "95 <br />percent or more" where the latter appears in Section 143(d)(1)); or <br />FORM E-1 <br />FHA AND HUD MORTGAGE ADDENDUM <br />(iii) <br />(iv) <br />(b) <br />(c) <br />At an acquisition cast which is greater than 90 percent of the average area purchase price <br />(greater than 110 percent for Residences in targeted areas), all as provided in Section 143(e) <br />and (i)(2) of the Intemal Revenue Code; or <br />Who has grass family income in excess of the applicable percentage of applicable median <br />family income as prov'rded in Section 143(fl and (i) (2) of the Intemal Revenue Code; or <br />Borrower fails to �cupy the property described in the Security Instrument without prior written consent <br />of Lender or its successors or assigns described at the beginning of this Tax-Exempt Financing Rider; <br />or <br />Borrower omits or misrepresents a fact that is material with r�pect to the provisions of Section 143 of <br />the Intemal Revenue Code in an application for the loan secured by this Security Instrument. <br />References are to the Intemal Revenue Code as amaided and in effect on the date of issuance of bonds, the <br />procceds of which will be used to finance the Security Instrument and are deemed to include the implementing <br />regulations. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions in this Tax Exempt Financing <br />Rider. <br />� w� Qo-�� <br />BoROwer Mateo Pablo <br />��'/�� �o �� 2 <br />Borrower Maria Aguilar Perez <br />Non-Purchasing Spouse <br />1993.CV (8/11) 906570 <br />December 23, 2011 <br />Date <br />December 23, 2011 <br />Date <br />Date <br />NIFA MRB/FORM E-1 <br />(10/08) <br />GOTO(OO1b2855) <br />