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200000592
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Last modified
7/20/2017 7:17:35 PM
Creation date
10/20/2005 7:41:15 PM
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DEEDS
Inst Number
200000592
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200000592 <br /> EXHIBIT E <br /> MORTGAGE ADDENDUM <br /> The following are addenda to the Mortgage. Please check the applicable • <br /> addendum. The addendum checked shall be incorporated into, and recorded with, the <br /> Mortgage. The term"Mortgage" shall be deemed to include "Deed of Trust," if <br /> applicable. <br /> X FHA, USDA RURAL DEVELOPMENT and HUD ADDENDUM ONLY <br /> THIS TAX-EXEMPT FINANCING RIDER is made this 21 ST day of JANUARY, <br /> 2000, and is <br /> incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of <br /> Trust or Security Deed ("Security Instrument") of the same date by the undersigned <br /> ("Borrower") to secure Borrower's Note ("Note") to <br /> HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND <br /> ("Lender") of the same date and covering the property described in the Security <br /> Instrument and located at: - <br /> 3223 E SEEDLING MILE RD - GRAND ISLAND,NE 68801 <br /> In addition to the covenants and agreements made in the Security Instrument, Borrower <br /> and Lender further covenant and agree to amend Paragraph 9 of the Model Mortgage <br /> Form, entitled"Grounds for Acceleration of Debt" as by adding additional grounds for <br /> acceleration as follows: <br /> Lender, or such of its successors or assigns as may be separate instrument assume <br /> responsibility for assuring compliance by the Borrower with the provisions of this Tax- <br /> Exempt Financing Rider, may require immediate payment in full of all sums secured by <br /> this Security Instrument if: <br /> (a) All or part of the Property is sold or otherwise transferred by Borrower to <br /> a purchaser or other transferee: <br /> (i) Who cannot reasonably be expected to occupy the property as a <br /> principal Residence within a reasonable time after the sale or <br /> transfer, <br /> all as provided is Section 143(c) and (1)(2) of the Internal Revenue <br /> Code; or <br /> (ii) Who has a present ownership interest in a principal Residence <br /> during any part of the three-year period ending on the date of the <br /> sale or transfer, all as provided in Section 143(d) and (1)(2) of the <br /> Internal Revenue Code (except that"100 percent" shall be <br /> substituted <br />
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