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<br /> ._-- ._-._,_'_ . � �
<br /> 93�o�s�s
<br /> � r -
<br /> ti) Who cu:not roason�bly b• qxpectad to ocaupy
<br /> th� prapecty as a pcincipal rosidQncs within a
<br /> ' rQasonabls tiso aEtsr �he sal� or tran�far, �11 as
<br /> �•. �rovidod 3n Sac=lon 143(c) aad (i)(�) oE the
<br /> - - - iaterr�al R�voau� Codo; or -
<br /> �.;
<br /> �,.-T_-�..-_=-=�---.� �
<br /> _ (ii) Who has had a preseat ownership iaterest fa
<br /> :; a: a principal residence duriaq any part o� the
<br />' ` � thrae-yeas periad endinq on the date of thQ aalo or
<br />- -` transfes, all as pcovided �a Sectioa 1�3(d) aad
<br /> --, �� (i)(Z) of the Interaal Reveaue Code (except that =
<br /> - "100 p�rcont" shall bQ substituted for "93 percoat
<br /> "- or morQ" �rh�re the lattec a�pears in 8octioa
<br /> - - 1�3(d)(1)); or
<br /> -��''� (ii!) At an acqugsitiom cost which fs qreater than _
<br /> ;;? - _-� . 90 perceat o£ the average area purchase price -
<br /> -- (qrQatQr thaa 110 parcent for tarqatQd arQa � .
<br />_ - resfdeaces), all as proyided fa Sectioa 143(e) and � �
<br /> `���' � (i)t 2) of the Internal �tevenue Code; or .
<br /> '"'�'�t�` iiv) Who has a qross familp income �n eucess ot -
<br />-.L the applicable percentaqe o£ applicable n�ed3an
<br /> r � ` ;�- gamily iacome as provtded ia Section is3(E) �ad
<br /> ti)(2) of the Iaternal Aeveaue Code; or
<br /> •
<br /> �� �.:s-';���:�,:� • (b) 8arrower fails to occupy the property
<br />'�r^<.. �'��°~��` described ia �he &ecurit iastrumeat witla�out ' '
<br /> �,�:.��, � ! Y Prior �
<br />-;:;;;,.'t written coasent of Lender or its successors or assiqas
<br /> -`' ;�°- � ._- --- - dsscribe3 st the bgginu� af thfs Tax=Face�apt Ffaauciag
<br />-�i;y� - �c u�,�;�;v ,
<br /> - ' ;� ,"�>;��"��;' �tidor, or -
<br />� ��T , •,,..x�i ,,;. .. ==
<br /> G �.i�:�r�:
<br /> ;-� ��f �i�'-' � .- �
<br /> '�`��� r (c) Harrow�e; omits or misrep reseats a fact that is
<br />"--�;R; �'"�y�"`�%,�:., ;;';�,- .� ��, material with r���e�t to the provi.sions of Section 1�3 �
<br /> �, ,
<br /> ;:;s �`��y� ��� .�`�+" of the iaternal Reveaue Cade in aa application £or th� =
<br /> , . �' ;a 1 ?yk'•"`�
<br /> loan secured by this 3ecexrity iastrumeat.
<br />:;_;��:1 N.��", '`•!�:.,�'" _
<br />'="�`;;; � ',.._�.,,;;�;�;��; �eEerences are to the Internal Reveaue Code as =
<br /> - it '���� .� �E ameaded aad in effect oa the date of issuance of bonds,
<br /> ..,.;.,
<br />��'��'E �'' '�'' � � tbe p�oceeds of which wil l be used to f inance the � �'
<br /> ��� - 8ecurity Ynstsument and are deemed to includa th� � �
<br />- .'r�':: ��'.'`� `�'ii`"' ia�plementing requlatioas. -
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