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202402814 <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 />(iv) Who has gross family income in excess of the applicable percentage of applicable median <br />family income as provided in Section 143(f) 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 <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, 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 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: I I VA RIDER <br />If, so long as the Mortgage is outstanding, all or part of the property is sold or transferred by Borrower without <br />Lender's prior written consent, other than a transfer by devise, descent or by operation of law, the Lender may, at <br />Lender's option, declare all the sums secured by the Mortgage to be immediately due and payable. If the Security <br />Instrument is not financed in whole or in part with proceeds of tax-exempt bonds issued by the Nebraska Investment <br />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 />Borrower CADE P . LUDW <br />ri zf /tczq <br />Date <br />Co -Borrower Date <br />Non -Borrowing Spouse Date <br />Tax Exempt Financing Rider <br />01.05.23 <br />