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200000756
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Last modified
7/20/2017 7:20:38 PM
Creation date
10/20/2005 7:43:07 PM
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DEEDS
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200000756
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20000075 � <br /> CARLOS A ROSALES-MONZON <br /> January 25, 2000 OLGA N DEROSALES <br /> XXX CONVENTIONAL MORTGAGE LOAN ADDENDUM ONLY <br /> THIS TAX-EXEMPT FINANCING RIDER is made this ZSTH day of <br /> JANUARY ,2000 and is incorporated into and shall be deemed to amend and <br /> supplement the Mortgage, Deed of Trust or Security Deed ("Security Instrument") of the <br /> same date given by the undersigned (`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 /> 322 SOUTH PINE STREET 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 17 of the Uniform Mortgage <br /> Form, entitled"Transfer of the Property as a Beneficial Interest in Borrower" as by <br /> adding additional grounds for acceleration as follows: <br /> Lender, or such of its successors or assigns as may by 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 i£ <br /> (a) All or part of the Property is sold or otherwise transferred by <br /> Borrower to 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, all as provided in Section 143(c) and (1)(2) of the Internal <br /> Revenue Code; or <br /> (ii) Who has had 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 s <br /> substituted for"95 Percent or more" where the latter appears in <br /> 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 />
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