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262.09622 <br />(iii) At an acquisition cost which is greater than 90 percent of the average area purchase price <br />(greater than 110 percent for Residences in targeted areas), all as provided in Section 143(e) and <br />(i)(2) of the Internal Revenue Code; or <br />(iv) Who has gross family income in excess of the applicable percentage of applicable median family <br />income as provided in Section 143(0 and (i) (2) 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 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 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 bonds, the <br />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 tax-exempt bonds <br />issued by the Nebraska Investment Finance Authority, this Tax -Exempt Financing Rider shall be null and void <br />and of no force and effect. <br />CHECK HERE: VA RIDER <br />If, so long as the Mortgage is outstanding, all or part of the property is sold or transferred by Borrower <br />without Lender's prior written consent, other than a transfer by devise, descent or by operation of law, the <br />Lender may, at Lender's option, declare all the sums secured by the Mortgage to be immediately due and <br />payable. If the Security Instrument is not financed in whole or in part with proceeds of tax-exempt bonds <br />issued by the Nebraska Investment Finance Authority, this Tax- Exempt Financing Rider shall be null and <br />void and of no force and effect. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions in this Tax -Exempt <br />Financing Rider made applicable to the Mortgage. <br />/Vp/26-,./ <br />Borrower Shelly ' Llanes Ramirez Dat <br />Borrower Date <br />Non -Purchasing Spouse Date <br />Loan Origination Company & NMLS Id: Charter West Bank - 466077 <br />Loan Originator & NMLS Id.: Amy L Otto - 491143 <br />TAX-EXEMPT FINANCING RIDER 4.1.21 <br />Laser Forms Inc. #NIFA118 4/21 <br />Page 2 of 2 <br />1111 <br />