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20120336� FORM E-1 FHA AND HUD MORTGAGE ADDENDUM The following addenda to the Mortgage shall be incorporated into, and recorded with, the Mortgage. The term "Mortgage" shall be dcemed to include °Deed of Trust," if applicable. THIS TAX-EXEMPT FINANCING RIDER is made the date set forth below and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (°Security InstrumenY') of the same date given by the undersigned (°Borrowe�') to secure Borrower's Note (°Note°) to CharterWest National Bank (°Lender") of the same date and covering the property described in the Security Instrument and located at the property and address described as follows: Address:1924 W Division St Grand Island , NE 68803 In addidon to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree to amend Paragraph 9 of the Model Mortgage Form, entided °Grounds for Acceleration of Debt,° by adding additional grounds for acceleration as follows: Lender, or such of its successors or assigns as may by separate instrument assume responsibility for assuring compliance by the Borrower with the provisions of this Tax Exempt Financing Rider, may require immediate payment in full of all sums secured by this Security Instrument if: (a) All or part of the Property is sold or otherwise transferred by Borrower to a purchaser or other transferee: (i) Who cannot reasonably be expected to occupy the property as a principal Residence withln a reasonable time after the sale or transfer, all as provided in SecUon 143(c) and (i)(2) of the Intemal Revenue Code; or (ii) Who has had a present ownership interest in a principal Resid�ce during any part of the three-year pe�iod ending on the date of the sale or transfer, all as provided in Section 143(d) and (i)(2) of the Intemal Revenue Code (e�ccept that °100 percenY' shall be substituted for °95 percent or more" where the latter appears in Section 143(d)(1)); or (iii) (iv) (b) (c) At an acquisiUon cast which is greater than 90 percent of the average area purchase price (great� than 110 percent for Residences in targeted areas), all as provided in Section 143(e) and (i)(2) of the Internal Revenue Code; or Who has grass family income in excess of the applicable percentage of applicable median family income as provided in SecUon 143(fl and (i) (2) of the Intemal Revenue Code; or Borrower fails to occupy the property descrfbed in the Security Instrument without prior written consent of Lender or fts successors or assigns described at the beginning of this Tax Exempt Financing Rider; or Borrower omits or misrepresents a fact that is material writh respect to the provisions of Section 143 of the Intemal Revenue Code in an appflcation for the loan secured by this Securiry Instrument References are to the Intemal Revehue Code as amended and in effect on the date of issuance of bonds, the proceeds of which will be used to flnance the Security Instrument and are deemed to include the implementing reguladons. BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions in this Tax-Exempt Financing Rider. Pedro D Vazquez Borrower Non-Purchas(ng Spouse 1993.CV (12/11) 907360 Apri130, 2012 Date Date Apri130, 2012 Date NIFA MRB/FORM E-1 (10/OS) GOTO(OOle4etb)