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2024026; FIRST HOME PROGRAM TAX-EXEMPT FINANCING RIDER NOTE: CHECK THE SPECIFIC BOX BELOW APPLICABLE TO THE BORROWER'S TYPE OF MORTGAGE LOAN. The following addenda to the Mortgage, including the applicable language selected below, shall be incorporated into, and recorded with, the Mortgage. The term "Mortgage" shall be deemed to include "Deed of Trust," if applicable. Name of Lender: Charter West Bank, a Corporation Property Address: 206 Villa Mar Dee Ave, Grand Island, NE 68801 THIS TAX-EXEMPT FINANCING RIDER is made the date set forth below and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed ("Security Instrument") of the same date given by the undersigned ("Borrower") to secure Borrower's Note ("Note") to the Lender identified above ("Lender") of the same date and covering the property described in the Security Instrument and located at the property and address identified above. THIS RIDER MUST BE RECORDED AS PART OF THE SECURITY INSTRUMENT. CHECK HERE: ❑X FHA AND HUD RIDER CHECK HERE: ❑ CONVENTIONAL AND USDA RURAL DEVELOPMENT RIDER In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree to amend such Security Instrument by adding additional grounds for acceleration as follows: Lender, or such of its successors or assigns as may by separate instrument assume responsibility for assuring compliance by the Borrower with the provisions of this Tax -Exempt Financing Rider, may require immediate payment in full of all sums secured by this Security Instrument if: (a) All or part of the Property is sold or otherwise transferred by Borrower to a purchaser or other transferee: (i) Who cannot reasonably be expected to occupy the property as a principal Residence within a reasonable time after the sale or transfer, all as provided in Section 143(c) and (i)(2) of the Internal Revenue Code; or (ii) Who has had a present ownership interest in a principal Residence during any part of the three-year period ending on the date of the sale or transfer, all as provided in Section 143(d) and (i)(2) of the Internal Revenue Code (except that "100 percent" shall be substituted for "95 percent or more" where the latter appears in Section 143(d)(1)); or (iii) At an acquisition cost which is greater than 90 percent of the average area purchase price (greater than 110 percent for Residences in targeted areas), all as provided in Section 143(e) and (i)(2) of the Internal Revenue Code; or TAX-EXEMPT FINANCING RIDER 1.05.2 Laser Forms Inc. #NIFA118 1/23 Initials: Page 1 of 2 IIIl „ •ii.�i IIL