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200000401
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Last modified
7/20/2017 7:14:13 PM
Creation date
10/20/2005 7:39:12 PM
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DEEDS
Inst Number
200000401
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����C���u�� � <br /> EXHIBIT E <br /> MORTGAGE A�DENDUM <br /> The following are addenda lo tlie Mortgage. Pleaso cfieck tl�e appljcable addondum. Ti�e <br /> addendum ctiecked sl�all be incorporated into, and reco�ded will�, Ilie Morlgage. The te�m`Mortgage' <br /> shall be deemed to include "Oeed of Trusl,"if applicable. <br /> X FHA, USDA RURAL OEVELOPMENT and HUD ADOENDUM ONLY <br /> Tti1S TAX-EXEMPT FINANCING RIDER is made tliis 5 th day of Jan. ,2 0 0 0 and is <br /> incorporaled into and sliall be deemed to amend and supplemenl the Mo�tgage, Deed of T�ust or <br /> Security.Deed ("Secu�ity Inst�ument")o(the same date given by the undersigned("Borrowe�'j to secure <br /> E3orrawer's Note("Note') to <br /> Mountain West Financial, Inc. <br /> (`Lender")of lhe same date and covering the property described in the�Security Instrument and localed <br /> al: <br /> 812 West John Street, Grand Island, NE 68801 <br /> (Property Address] <br /> (n addition to tl�e covenants and.agreements made in lhe Security Instrument, �orrower and Lender <br /> furitier covenant and ac�ree to amend Pa�agraph 9 01!he Model Mortgage Form, enlitled "Grounds (or <br /> Acceleralion o(Oebt"as by adding additional grounds for acceleration as follows: <br /> Lender, or such o(its successors or assigns as may be separale instrumenl assume <br /> responsibility for assu�ing complia�ce:by•the Borrower with the provisions�of lhis.Tax-Exempt Financing <br /> Rider;may require immediale payment.in full of all sums secured by this Security Inslrument if: <br /> (a) All or part of the Property is sold or.olhenrvise lrans(e��ed by Borrower lo a <br /> purchaser or olt�er lrans/eree: <br /> (1) Wlio.cannot rBasonably be.expecled to_occupy Ihe property.as a <br /> prinCipal Residence witliln a�easonable.time afler the sale o�transfer al►as p�ovided in Section 143(cj <br /> and (I)(2) of the Internal Revenue Code; or ' <br /> (ii) Who has had a�present ownership interest in a principal Residence <br /> during any.parl of.lhe.three=year period ending on the dale.ot the.sale or transfer, all as provided in <br /> Section 143(d) and (1)(2)of lhe Internal Revenue Code (except lhat`100 percent"shall be subsliluted for <br /> "95 percent or more"where llie latter.appears in Section 143(d)(1)); or <br /> (iii) At an acquisition cost which is c�realer.than 90 percent of�lhe average <br /> area purchase price (greater than 110 percenl (o�ta�geted a�ea�Resldences), atl as provided in Section <br /> 143(e) and (I)(2) of ltie Internal Revenue Code; or <br /> (iv) Who has a gross family income in excess of the applicabie percentage <br /> of applicable median family income as provided In Section 143(� and (I) (2)o(lhe Internal Revenue <br /> Code; or <br /> -,-- I � I <br />
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