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98103651
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Last modified
3/12/2012 11:52:09 AM
Creation date
10/19/2005 5:40:29 PM
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DEEDS
Inst Number
98103651
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. <br /> 98- i��3651 <br /> (u) Who has had a present ownenhip interest in a principal Residence <br /> during any part or the thr�-year period endin;on the date of the sale or transfer, <br /> all as provided in S�tion 143(d) and (i)(2) of the Inteznal Revenue Code (except <br /> that "100 percent" shall be substituted for "95 percent or more" where the latter <br /> appears in Secrion 1�3(d)(1)); or <br /> (iu) :4t an acquisition cost which is ;reater than 90 percent of the <br /> avera;e area pu�hase price (greater t6an 110 percent for tar;eted area <br /> Residences), all as provided in Section 143(e) and (i)(2) of the Internal Revenue <br /> Code; or <br /> (iv) Who has a gross family income in excess of the applicable <br /> percent�e of applicable median family income as provided in S ection 143(fl and <br /> (i) (2} of the Internal Revenue Code; or <br /> (b) Bornower fails to occupy the properry described in the Securitp Instrument <br /> without prior written consent of Lender or its successors or assigns described at the <br /> beginnin, of this Tax-Exempt Fi.nancing Rider, or <br /> (c) Borrower omits or misrepresents a fact that is mate�ial with resvect to the <br /> provisions of Secrion 143 of rhe Internal Revenue Code in an apnlicarion for rhe Ioan <br /> se;ure� by this Security ?nstrument. <br /> References are to the Internal Revenue Code as amended and in effect on the date <br /> of issuance of bonds, the proc�ds of which will be used to finance the S�uritv <br /> Instzument and are d�med to inciude the implemenan; reQulations. <br /> BY SIGNING BII.OW, Borrower accepts and a,�s to the terms a.nd provisions in this <br /> Tax-Exempt Fina.ncin� Rider. <br /> ���,,�.VL4/►� �-e--w�YI�Y�., <br /> Borrower KAREN JEANNE LONG <br /> Borrower <br /> oinsnos.� E-2 <br />
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