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<br /> : E?(HI817 E �
<br /> � MORTGAGE ADOENDUM `��� �t��
<br /> The follawing are addenda ta tha Mortgaqe. Plfas�ch�ck th�apppc�bl�add�ndum. The
<br /> addendum ehecked ahall be fncorponted into.�nd recorded with,the Mortgage. The term'hlortgage'
<br /> shall be dnemed to Include'Deed of Trust'if app!tc�ble.
<br /> x FHA, USDA RURAL DEV�Q.OPAAENT and HUD AODENDUM ONLY
<br /> THIS TAX-EXEMPT FINANCING RIDER is made this 2letday of !�k 1997 and is
<br /> Incorporated Inta and shall be deemed to om�nd and supplement the Mortgage, Deed af Trust or
<br /> Security Deed('Sacu�ily Instrument7 of the same date given by the undarsigned('Borrower)to secure _
<br /> 8orrower's Note('Note')to ��pgc� g�,p��� ��, � p�,ip�U pQp�
<br /> ('Lender)oP the same date and covedng tl�e property describcd in the Securily 1 nsUumeM and lacated
<br /> a� !1� i� 91�i Sl'REBT G[t1�11�D IS��. I� 68801
<br />. �Property Address]
<br /> In addition to the covenancs and agreemenfs made ia inv S�.a��t ins�,t�«ent,�:.r�c�ser�n��:^�_�
<br /> � further covenant srtd agree to amend Pmregraph 9 of!he Mode!Mortgage Form. enUtled"Grounds for
<br /> -�•- Accaleration of DebY'as by�dding adcti�aona!grounc��tor acceleraUon as follows:
<br /> •; .
<br /> :z � LendaP,or such of'�s successQ�s or assignx a5 may be separate fnsWment assume
<br /> �� responsibiliry ior sssuring compliance by ihe 8onower with the provisians of th(s Tax-Exempt F'u�ancing
<br /> -,� Rider,rt�y fieqr�ire immediate paymenL i�full of alt sums aecured by this Security Instrument if:
<br />-,� (a) All or part of the Property►is sold or othenx(se trans`erc�d by Borcower to a
<br /> � purchasar ar other transferee: � -
<br /> � (I) Who cannot reasanabty be expected ta occupy the propsrty as s
<br /> � prtncipal Residence within a reasonable Bme arter the sale or transfer,atl as provfded in Sectian 143(c)
<br /> '� and(i)(2)of the Intemal Revenue Code;ar
<br /> 3
<br /> ; • • � (ii� Who has had a present owne�hip interest tn a principa!Residence
<br /> 1 during any paR of the three-year perind��r�ding o�the dste at th3 s�I3 cr transter,s!f as prev[d�in
<br /> � Sectlon 143(d�and(I)(2)of the Intemal Revenue Code(except that'100 percenY shall be s::9sGtutei!far
<br /> �� '95 percent or more"where the(atter appears In Section 143(d)(1));or
<br /> � �iii) At an acquisf�a�costwhich is greater than 90 �ercent af the average
<br /> � area purchase pr(ce(greater than 110 percent fer targeted area Residences),alt as provided in Sectian
<br /> y 143(e)and(I)(2)of the Internal Ftevenus Code;or ,
<br /> ,j .
<br /> (iv) Who has a gross famfiy income in excess ott'h�e applicabla percentage
<br /> , of applicabte n�edlan famify lncome as provided in Sectlon 143(�and(1)(2)af ihe Intemat Revenue
<br /> Code;or .
<br /> ;.
<br /> :,
<br /> . .�
<br /> 69
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