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202110923
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Last modified
12/27/2021 4:10:57 PM
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12/27/2021 4:10:56 PM
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DEEDS
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202110923
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202//0023 <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 <br />143(e) and (i)(2) of the Internal Revenue Code; or <br />v) Who has gross family income in excess of the applicable percentage of applicable <br />median family income as provided in Section 143(f) and (i) (2) of the Internal Revenue <br />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 <br />143 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, <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 tax-exempt bonds issued <br />by the Nebraska Investment Finance Authority, this Tax -Exempt Financing Rider shall be null and void and of no force <br />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 Lender <br />may, at Lender's option, declare all the sums secured by the Mortgage to be immediately due and payable. If the <br />Security Instrument is not financed in whole or in part with proceeds of tax-exempt bonds issued by the Nebraska <br />Investment Finance Authority, this Tax -Exempt Financing Rider shall be null and void and of no force and effect. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions in this Tax -Exempt Financing <br />Rider made applicable to the Mortgage. <br />rvc fi R 1)9 W z )/1,S <br />Borrower MARIA C. LOPEZ REYES Date <br />12/23/21 <br />Co -Borrower Date <br />Non -Borrowing Spouse <br />Date <br />Tax -Exempt Financing Rider <br />4.1.21 <br />
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