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200000394
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Last modified
7/20/2017 7:14:05 PM
Creation date
10/20/2005 7:39:07 PM
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DEEDS
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200000394
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. 2000003 � 4 <br /> the Property as a Beneficial Interest in Borrowe�'as by adding additional grounds for acceleration as <br /> follows: ' ' <br /> Lender, or such of its successors or assigns as may by separate instrument assume responsibility <br /> for assuring compliance by the Borrower with the provisions of this Tax-Exempt Financing Rider, may <br /> require immediate payment in full of all sums secured by this Security Instrument if: <br /> (a) All or part of the Property is sold or othervvise transferred by BoRower to a <br /> purchaser or othe�transferee: <br /> (i) Who cannot reasonably be expected to occupy the property as a <br /> principal residence within a reasonable time afte�the sale or transfer, all <br /> as provided in Section 143(c) and (I)(2)of the Intemal Revenue Code; or <br /> (ii) Who has had a present ownership interest in a principal residence during <br /> any part of the three-year period ending on the date of the sale or <br /> transfer, all as provided in Section 143(d)and (I}�2)of the Intemal <br /> Revenue Code (except that"100 percent"shall be substituted for"95 <br /> percent or more"where the latter appears in Section 143(d)(1); or <br /> (iii) At an acquisition cost which is greater than the maximum limits <br /> established by the Nebraska Investment Finance Authority (the <br /> "Authority") in connection with its Program, pursuant to which Program <br /> this Security Instrument is financed; or <br /> (iv) Who has a gross family income in excess of the maximum limits <br /> established by the Authority in connection with its Rrogram; or <br /> (b) Borrower fails to occupy the property described in the Security Instrument without <br /> prior written consent of Lender or its successors or assigns described at the <br /> beginning of this Tax-Exempt Financing Rider, or <br /> (c) Borrower omits or misrepresents a fact that is material with respect to the <br /> provisions of Section 143 0`the Intemal Revenue Code in an application for the <br /> loan secured by this Security Instrument. <br /> References are to the Intemal Revenue Code as amended and in effect on the date of <br /> issuance of bonds, the proceeds of which will be used to finance the Security Instrument <br /> and are deemed to include the implementing regulations. <br /> BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions in this Tax- <br /> Exempt Financing Rider. <br /> � ' � <br /> � ��, , <br /> Borrow <br /> Borrower <br /> 62 <br />
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