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200009969 <br />entitled "Transfer of the Property as a Beneficial Interest in Borrower" as by adding additional <br />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 - Exempt <br />Financing Rider, may require immediate payment in full of all sums secured by this Security <br />Instrument if: <br />(a) All or part of the Property is sold or otherwise transferred by Borrower to <br />a purchaser or other transferee: <br />(i) Who cannot reasonable be expected to occupy the property as <br />a principal residence within a reasonable time after the sale or <br />transfer, all as provided in section 143(c) and (1)(2) of the <br />Internal Revenue Code; or <br />(ii) Who has had a present ownership interest in a principal <br />residence during any part of the three -year period ending on <br />the date of the sale or transfer, all as provided in Section <br />143(d) and (1)(2) of the Internal; Revenue Code (except that <br />"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 <br />established by the Nebraska Investment Finance Authority (the <br />"Authority ") in connection with its Program, pursuant to which <br />Program this Security Instrument is financed; or <br />(iv) Who has a gross family income in excess of the maximum <br />limits established by the Authority in connection with its <br />Program; or <br />(b) Borrower fails to occupy the property described in the Security <br />Agreement without prior written consent of Lender or its successors or <br />assigns described at the beginning of this Tax - Exempt Financing Rider, <br />or <br />(c) Borrower omits or misrepresents a fact that is material with respect to the <br />provisions of Section 143 of the Internal Revenue Code in an application <br />for the loan secured by this Security Instrument. <br />References are to the Internal Revenue Code as amended and in effect on the <br />date of issuance of bonds, the proceeds of which will be used to finance the <br />Security Instrument and are deemed to include the implementing regulations. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions in this <br />Tax - Exempt Financing Rider. <br />Travis F. Walker Christina M. Watson <br />3 of 3 <br />