Laserfiche WebLink
aEaEa.,e ti <br />2n0OdG7�� <br />200006629 <br />In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further <br />covenant and agree to amend Paragraph 17 of the Uniform Mortgage Form, entitled "Transfer of the Property <br />as a Beneficial Interest in Borrower" as by adding additional grounds for acceleration as follows: <br />Lender, or such of its successors or assigns as may be separate instrument assume responsibility for <br />assuring compliance by the Borrower with the provisions of this Tax - Exempt Financing Rider, may require <br />immediate payment in full of all sums secured by this Security Instrument if: <br />(a) All or part of the Property is sold or otherwise transferred by Borrower to a purchaser <br />or other transferee: <br />(i) Who cannot reasonably be expected to occupy the properly as a principal <br />residence within a reasonable time after the sale or transfer, all as provided in Section 143(c) and (1)(2) of <br />the Internal Revenue Code; or <br />(ii) Who has had a present ownership interest in a principal residence during any <br />part of the three -year period ending on the date of the sale or transfer, all as provided in Section 143(d) and <br />(1)(2) of the Internal Revenue Code (except that "100 percent" shall be substituted for "95 percent or more" <br />where the latter appears in Section 143(d)(1); or <br />(iii) At an acquisition cost which is greater than the maximum limits established <br />by the Nebraska Investment Finance Authority (the "Authority's in connection with its Program, pursuant to <br />which Program this Security Instrument is financed; or <br />(iv) Who has a gross family income in excess of the maximum limits established <br />by the Authority in connection with its Program; 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 beginning of this Tax - Exempt <br />Financing Rider, or <br />(c) Borrower omits or misrepresents a fact that is material with respect to the provisions <br />of Section 143 of the Internal Revenue Code in an application for the loan secured by this Security <br />Instrument. <br />References are to the Internal 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 and are deemed to <br />include the implementing regulations. <br />BY SIGNING BELOW, Borrower accepts and agrees #q the terms and provisioT this Tax - Exempt <br />Financing Rider. /T <br />DANIEL <br />Borrower MARCIA A HUNT <br />71 <br />