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<br /> «w�''`` MORTGAGE ADDENDUM %'• '•�' �_-
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<br /> ' The following are addenda to the Mortgege. Please check the applicable addendum. �•��?;•�=��_---
<br /> The addendum checked shall ba incorporated into, and reaorded with, the Mortgage. ,:�,-,�
<br /> , The term "Mortgage" shall be deemed to include"Deed of Trust,'if applicablo. �==-===
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<br /> � FHA, RECD, �nd HUD A���IVDUM ONLY _u,�
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<br /> '��� ��: THIS TAX•EXEMPT FINANCING RIDER is made this 2 2 n d day of �„9„9 L , '=��—
<br />- 19 s � and is incorporated into and shall be deemed tn amend and supplement the '.�,�_
<br /> Mortgage, Deed of Trust or Socurity Deed ("Security Instrument") of the same date given -
<br /> . by the undersigned ("Borrower")to secure Borrower's Note ("Note")to --
<br /> `��!�, M�Jor Mortya�e _ -_
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<br /> . ` ''�` ("Lender") of the same date and covering the property described in the Security i��
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<br /> �� 111 V. 9th,Grand Island , HE 68801
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<br />:::��. [Property Address]
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<br /> ;;,;:.�. In addition to the covenants and agreements made in the Security Instrument, Borrower
<br />_ � f�;�:��- and Lei�der further covenant and agree to amend Paragraph 9 of the Model Rlortgage —
<br />" ' � �'1i'��'� . Form, entitled "Grounds for Acceleration of DebY' as by adding additionel grounds for =
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<br /> f � acceteration as follows: •
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<br />';#` �`;: ;^ tF Lender, or such of its successors or assigns as may by separate instrument =
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<br />-,::�f ---� � �����- assume responsibility for assuring compliance by the Borrower wrth the provislons =_
<br />��;•�°7:'�'``�' of this Tax•Exempt Financing rider, may,requlre immedla2e payment In full of all - _
<br /> :`:�: :" � surns secured by this Securfty Instrument rf: �
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<br /> ��-��~ � (a) All or part of the Property is sofd or otherwise transferred by Borrower to =�
<br /> ==-" ��� '�'�''`� a purchaser of o?her transferee: �r
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<br /> :�� • (i) Who cannot reasonably be expected to occupy the prop�ty as a - -
<br /> -=�.`�:�: . prin�ipal Residence within a reasonable time after the sate or transfer, all as =-
<br /> :�'ti'...,, provided fn Sectlon 143(c)and (i)(�)of the Internal Revenue Code;or
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<br /> (ii) Who has had a present ownership interest in a principal Residence 't�"�"���_
<br /> . � . during any part of the three-year perlod ending on the date of the sale or .��
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<br /> NIFA 2/96
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