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� u �. � o � � �� , 201503646 F'ORM �-3 CQNV�NTIONAL AND USDA RURAL D�VELOPMENT TAX-EXEMPT FINANCIHG R1D�R The following addenda to the Mortgage shall be incorporated into, and recorded with,the Mortgage, The term"Mortgage"shall be deemed to include"Deed af Trust,"if applicable. THIS TAX-EX�MPT FINANCING RIDER is made the date set forth below and is incorporated inio and shall be deemed ta amend and supplement fhe Mor#gage, Deed of Trust or Securify Deed ("Security Instrumenf")of the same date given by the undersigned ("Sorrower")to seoure Borrower's Nate("Note")to _ EQUITA6LE BANK ("Lender")of the same date and covering the property described in fhe Securify Inskrumenk and located at the property and address describ�d as follows: Address: 1315 S LINCOLN AVE GRAlVD ISLANQ, NE 6880'f-0000 In addikion to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree to amend Paragraph 18 of the Uniform Mortgage Form,entitled"Transfer af the Praperty as a Beneficial Interest in Borrower,"by adding addifional grounds for acc�[arafian as follaws: Lendar, ar such o#its successors ar assigns as may by separate instrument assume responsibiliky for assuring compliance by the Barrower with fhe provisions of this Tax-�xempt Financing ftider, may require immediate payment in full of all sums secured by this Security Enstrument if: (a) A![or part of the Property is sold or otherwise transferred by Borrower fo a purchaser or other transferee: (i) Who cans�ot reasonably be expecfed to occupy the property as a principal residence within a reasanable time after the sale ar transfer, all as provided in Section 943{c)and (i){2)of the Internal Revenus Code; or (ii) Who has had a present ownership interest in a principal residence during any part of the three-year perzod ending an the date af fhe sale or transfer, all as provid�d in 5ection �43(d)and (i)(2}of fhe Interna!Revenu�Cade(except thaf"100 percent"shail be substituted for"95 percent or mors"where the latter appears in 5ecfion 1�43(d)�1);or (iii) At an acquisition cost which is greater than 90 percent of the average area purchase price (greater than 110 perc�nt far Residences in targeted areas}, all as provided in Section 143(e)and (i)(2)of the Internal Revenue Code; or (iv) Who has gross family incame in excess of the applicable percentage of applicab[e median family inaome as provided in Secfson 143(f�and (i}(2)of the Internal Revenue Cade; ar (b) Borrower fails to occupy the praperty d�scribed in the Securify lnstrument wlthout priorwritten consent af Lender or its successors or assigns described at the beginning of this Tax-Exempk Financing Rider,ar (c} Borrawer amits ar misrepresents a fact that is material with respect ko the provisions of Section 143 of the Internal Revenue Code in an applicafion for the loan s�cured by this Security Instrument. References are to fhe Internal Revanue Code as amended and in effect on the date of issuance of bonds, the proceeds of which will b�used to finance the Securify Instrument and are deemed ko include the implementfng regulatians. lf the Security fnstrument is nof financed in whale or in part with proceeds of bonds issued by tY�e Nebraska Investment Finance Authority,this Tax-�xempt�inancing Rider shall be nu![and void and of no force and effect, BY SIGNIN�BELOW, Borrower accepts and agrees to the terms and pro�isions in this Tax-Exempt Financing Rider. r�� '-1 �y�., �5l0712015 Borrower SAUL CONTRERAS PALAFOX Date Borrower: , , Date ` . � / �� 0 510712 41 5 Non-P chasing SpoUse Date NIFA MR�/�orna�-3 (07/2Q12) 4827-8093-9776.$