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<br /> . � RE rt�ror�n�:�. �7— 1(�953� ; =°
<br /> � 9?- I � `� �'�' �
<br /> � ExHieir E -
<br /> . . • d
<br /> ; MQRTGAGE ADDENDUM .
<br /> � The foliowfng are addenda to the Mortgage. Pleaee check the applicabl�addondum. The �
<br /> sdd�ndum checked ahall be incorporated into,and recorded with,the Mortgage. The term'Mortgaga'
<br /> shall be deemed to incl��de'Deed of Ttust,'lf appl(cabie.
<br /> � �_FHA,USDA RURAL DEVELOPMENT and HUD ADDENDUM ONLY
<br /> THIS TAX-EXEMPT FINANCiNG RIDER Is made this �1 day of Oct. � ��97 and is
<br /> � incorparated into and shatl be deemed to amend and supplement the Mortgage,�eed of Trust or _
<br /> � Security Deed("Security Instrument')oithe same date given by the undersigned("Borrower)to secure _
<br /> Borrowers Note("Note")to
<br /> . Mountain West Financiai, In�., A California Company
<br /> _ ("Lendc�')of the same date and eovering the property described in the Security Instrument and locatec!
<br /> a�
<br /> 1012 North Oak, Orand Island, NE 68801 .
<br /> .- ('rrop2riy Adciie�sJ
<br /> �� In additfon to the covenants and agresments made in the Security Ins`.rument,Eorrov�er and Lcnder
<br /> Y further covenant and agree to amend Paragraph 9 of th�Model Mortgage Form,en�tled'Grourds for
<br /> �: :�•� Acceleration of DebY as by adding addlVonal grounds for acceleration as tollowa: _
<br /> ._f,
<br /> '. Lender,or such of its succes�acs or assigns as may be separate instrument assums
<br /> � responsibility for assurtng comp[iance by the BoROwer with the provisions of thls Tax-Exempt Financing
<br /> ��' Rider,may require lmmediate payment in full of all sums secured by this Security lnstrument fi�
<br /> =$, (a) AII or part of the Property is sotd nr othervvise transferred by Borrower to a
<br /> • • purchaser ar other transieree: -
<br /> : .
<br /> � (I) Who cannot reasonably be expected to occupy the property as a
<br /> principal Residence within a �easonable time after the sale or transfer,all as provided In Seetion 143(c)
<br /> ��' and(1)(2)otthe Intemal Revenue Code;or
<br /> • . (f� Who has had a present ownership interest in a principal I��sidence
<br /> - � during any part of the throe-year period end(ng on th�date of the sale or transfer,all as provided in
<br /> � � Section 143(d)and(I)(2)of the Intemal Revenue Code(except that'100 percenY shall be subs�tuted for �
<br /> .. '95 percentor more'where the latter appears in Sectfon 143(d)(1));or
<br /> y (i�) At an acquisition cost which is greater than 90 percent of the average �
<br /> area purchase price(greater than 110 percent for targeted area Residences),afi as provided in Secticn
<br /> 143(e)and(I)(2)of the Internai Revenue Code;or �
<br /> � � (iv) Who has a gross family income in excess of the apoticable percentage '
<br />— of appiicable medfan family income as provided in Section 143(�and(I)(2)of the Intemal Revenue
<br /> i� �' Code;or ,
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