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201801805
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Last modified
3/26/2018 8:28:49 AM
Creation date
3/26/2018 8:28:48 AM
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DEEDS
Inst Number
201801805
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The following addenda to the Mortgage shall be incorporated into, and recorded with the Mortgage The <br />tenn ortgage" sha(I be deemed to includo 'Oeed of Trust, if appUcabIe <br />THIS TAX-EXEMPT FINANCING RIDER is made tho date set forth below a and shall <br />be deemed to amend and supplement the Mortgage Doed ot Trust or Security Deed ( Security lnstrument') of the <br />same date given by the undersigned ("Borrower) to secure Borrower's Note ("Note") to <br />GATFWAY O <br />h described SwcumyInstrument and �co�dmtthe <br />(^Lon�e�)oy\henmmodo$eunduovehngt the eau the <br />property and address descnbed as foflows: <br />Address: 2413 DIVISION ST GRAND ISLAND, NE68883 <br />mmddi8nn and agreements made mmeSmouhtym Borrower dLender funhe, <br />covenemendpgre the covenants of the Uniforrn Mortgage Fomi entitled Transfer of the Property as a <br />Beneficial Interes in Borrower," by adding additionat grounds for acceleration as foliows: <br />Lender, , such ofi� — <br />successors assigns eemoyhynmpm��in�mmantaoeumemuoponwihi|ityfor <br />assuring compliance hy the Borm with the the provisions of this Tax-Exempt Financing Rider, may require imrnediate <br />payment in full of aH sums secured by this Security Instrument if: <br />(a) Afl or part of the Property is sotd or otherwiso transferred by Borrower to a purchaser or other <br />transferee: <br />V) <br />Who cannot reasonably be expected to occupy the property as a principal residence <br />within a reasonable time after the sale or transfer, all as provided in Section 143(c) and <br />(i)(2) of the Internal Revenue Code; or <br />01) Who has had a present ownership interest in a principal residence d i rt of the <br />three-year period ending on the date of the sale or transfer, all as provided in Section <br />143(d) and (i)(2) of the Internal Revenue Code (except that 100 percent" shall be <br />substituted for "95 percent or more" where the latter appears in Section 143(d)(1); or <br />(iii) At an acquisition cost which is greater than 90 percent of the average area purchase price <br />(greater thari 110 percent for Residences in targeted targeted areas) all as provided in <br />Section 143(e) and (}X2)of the Internal Revenvocoue;o <br />(iv) Who has gross famity income in excess of the applicable perceatage median <br />family income as provided in Section 143(f) and (iX2) of the Internal Revenue Code; or <br />(b) Borrower fails to occupy the property described in the Security Instrument without prior written <br />consent of Lender or its successors or assigris described at the begir of this Tax-Exempt <br />Financing Rider, or <br />Borrower omits or misrepresents a fact that is material with respect to the provisions of Section 143 <br />of the Internal Revenue Code in an application for the loan secured by this Security Instrument. <br />References are to the Internal Revenue Code as amended and in effect on the date of issuance of <br />the proceeds of which will be used to finance the Security Instrument and are deemed to include the implementing <br />regulations. If the Security Instrument is not financed in whole or in part with proceeds of bonds issued by the <br />Nebraska Investment Finance Authority, this Tax-Exempt Financing Rider shall be null and vold and of no force and <br />effect. <br />(0) <br />BY SIGNING B ccePts and agrees to tho terms and provisions in this Tax-Exemp <br />Financing Ride ^ _ /~,/~_. � <br />' �� ' �J <br />AI /41111 <br />r, —/ — <br />Date <br />03 /.Z / ii <br />Date <br />/ . <br />4827-8093-9776 8 <br />FORM E-3 <br />CONVENTIONAL AND USDA RURAL DEVELOPMENT <br />TAX-EXEMPT FtNANCING RIDER <br />Borrower CRIST0ANOOM|NGUEZ <br />Non-Purchasing Spouse Date <br />2�������� <br />- � `^ � � [� xv^� <br />NIFA MRB/Form E-3 <br />
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