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<br /> <br /> <br /> <br /> <br /> <br /> <br /> REVISED 12/93 <br /> <br /> <br /> • y <br /> EXHIBIT E <br /> RE-RECCA ED <br /> ~JOl~t:;CGAGE ADDENDUM 98.,. <br /> <br /> <br /> The following are addenda to the, Mortgage. Please check the applicable ad4pridum. The <br /> addendum checked shall floe ins:> 7porated into,, and recorded with, the Mortgage. The term <br /> "Mortgage" shall be deemed to include "Deed of Trust," if applicable. <br /> <br /> <br /> FHA and FmHA ADDENDUM <br /> <br /> <br /> THIS TAX-EXEMPT FINANCING RIDER is made this -;4 day of I1~ay 199P, <br /> and is incomorated into and shall be deemed to amend and supplement the Mortgage, Deed of <br /> 'I'rcist or Security Deed ("Security Instrument") of the same date given by the undersigned <br /> ("Borrower") to secure Borrower's Note ("Note") to <br /> <br /> <br /> ("Lender") of the same date and covering the property described in the Security Instrument and <br /> located at: <br /> Soy E ell, 5f_ <br /> Olrolid -TrNEE Errol <br /> [Property Address] <br /> <br /> <br /> In, addition to the covenants and agreements made in the Security Instrument, Borrower and <br /> Lender further covenant and agree to amend Paragraph 9 of the Model Mortgage Form, entitled <br /> "Grounds for Acceleration of Debt" as by ad!d nr additional grounds for acceleration as follows: <br /> Lender, or such of its successors or assigns as may by separate ins!rument assrime <br /> responsibility for assuring compliance by the Borrower with the provisions of this <br /> Tax-Exednpt Financing Rider, may require immediate payment in full of all sums secured <br /> by this Security Instrument if. <br /> <br /> (a) A31 or part of the Property is sold or otherwise transferred by Borrower <br /> to a purchaser or other transferee: <br /> <br /> (i) Who cannot reasonably be expected to occupy the property as a <br /> principal residence within a reasonable time after the sale or transfer, all as <br /> provided in Section 143(c) and (i)(2) of the Internal Revenue Code; or <br /> <br /> (ii) Who has had a present ownership interest in a principal residence <br /> during any part of the three-year period ending on the date of the sale or transfer, <br /> <br /> <br /> <br /> 01153396.4 <br />