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99106129
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Last modified
3/13/2012 6:07:29 PM
Creation date
10/20/2005 11:42:51 PM
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DEEDS
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99106129
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99-zc�ssz9 <br /> X CONVE��i'I'IONAI. I�IORTG�GE LOA,i�T :�DD�VDUI�I ONLY <br /> THIS T�Y-�tiII'T FLV�'VC'NG RIDER is made this 15TH �y of JUNE , 19 gg <br /> and is incorporated into and shall be deemed to amend and supplement the \�iort�a;e, Deed of <br /> Trust or Security Deed ("Security Instniment") of the same date �iven by the undersi;ned <br /> ("Borrower") to secure Borrower's Note ("Note") to <br /> HO�IE FEDERAL SAUINGS AND LOAN ASSOCIATION OF GRAND ISLAND <br /> ("I.ender") of the same date and covering the property described in the Security Instrument and <br /> located at: <br /> 2218 W. FIRST STREET, GRAND ISLAND, HALL , NE <br /> [Property Address] <br /> In addition to the covenants and agr�ments made in the Security Instniment, Borrower a.nd <br /> I.�nder further covenant and a� to amend Paragraph 17 of the Uniform 1�Iort�age Form, <br /> entitled "Transfer of the Property as a Beneficial Interest in Borrower" as by addi.ng additional <br /> grounds for acceieration as tollows: <br /> Lender, or such af =ts succ�ssors or assigns as may by separate instnimeat assume <br /> responsibiliry for assurina compliance by the Bonower with the provisions or this <br /> Tax-Exempt Financing Rider, may require immediate payment in full of all sums secured <br /> by this Security Instniment if: <br /> (a) All or part of the Property is sold or otherwise tiansferred by Borrower <br /> to a purchaser or other transferee: <br /> (i) Who cannot reasonably be expected to occupy the property as a <br /> principal residence within a reasonable time after the sale or transfer, all as <br /> provided in Section 143(c) and (i)(2) of the Internal Revenue Code; or <br /> (u) Who has had a present ownership interest in a pri.ncipal residence <br /> during any part of the three-year period ending on the date of the sale or transfer, <br /> all as provided in Section 143(d) and (i)(2) of the Internal Revenue Code (except <br /> that "100 perc�nt" shall be substituted for "95 percent or more" where the latter <br /> appears in Section 143(d)(1)); or <br /> (ui) At an acquisition cost wluch is areater than the maximum limits <br /> established by the Nebraska Investment Finance Authority (the "Authority") in <br /> connection with its Program, pursuant to which Program this Security Instrument <br /> is financed; or <br /> oi�isnos.� E-3 <br />
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