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99110551
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3/13/2012 7:54:03 PM
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10/21/2005 1:14:45 AM
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DEEDS
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99110551
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99 . 11 �551 <br /> In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree to amend <br /> Paragraph 17 of the Uniform Mortgage Form, entitied "Transfer of the Property as a Beneficial Interest in Borrower" as by adding additionai <br /> grounds for acceleration as follows: <br /> Lender, or such of its successors or assigns as may by separate instrument assume responsibility for assuring compliance by the <br /> Borrower with the provisions of this Tax-Exempt Financing Rider, may require immediate payment in full of all sums secured by this <br /> Security Instrument if: <br /> (a) All or part of the Property is sold or otherwise transferred by Borrower to a purchaser or other transferee; <br /> (i) Who cannot reasonably be expected to occupy the property as a principal residence within a reasonable time after the <br /> sale or transfer, all as provided in Section 143(c) and (i)(2) of the Internal Revenue Code; or <br /> (ii) Who has had a present ownership interest in a principal residence during any part of the three-year period ending on the <br /> 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" <br /> shalt be substituted for "95 percent or more" where the latter appears in Section 143(d)(1); or <br /> (iii) At an acquisition cost which is greater than the maximum limits established by the Nebraska Investment Finance Authority <br /> (the "Authority") in connection with its Program, pursuant to which Program this Security Instrument is financed; or <br /> (iv) Who has a gross family income in excess of the maximum limits established by the Authority in connection with its <br /> Program; or <br /> (b) Borrower fails to occupy the property described in the Security Instrument without prior written consent of Lender or its <br /> successors or assigns described at the beginning of this Tax-Exempt Financing Rider, or <br /> (c) Borrower omits or misrepresents a fact that is material with respect to the provisions of Section 143 of the Internal Revenue <br /> 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 proceeds of which <br /> will be used to finance the Security Instrument and are deemed to include the implementing regulations. <br /> BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions in this Tax-Exempt Financing Rider. <br /> � <br /> BOffOWef L NECKE <br /> � <br /> B� Wef gRENDA S KER <br /> STATE OF NEBRASKA <br /> �ss. <br /> COUNTY OF HALL <br /> The foregoing instrument was acknowledged before me this 29th day of OCtOb@I' 1999 <br /> by DARREN L NECKER AND BRENDA S NECKER , HUSBAND AND WIFE, <br /> Witness my hand and notarial seal at GRAND ISLAND in id ty, the da e ai <br /> My commission expires: AUGUST 12, 2000 <br /> N ry Public N/�LLIAM L. cLELLAN <br /> i- <br /> ��, GFy, <br /> F,p <br /> ���� l,���y�� <br /> l <br /> �'`�<i2,�91 '�f�r <br /> ��,,� �� �,y <br /> �F� �9,P'�. <br /> �, v <br /> 't���`°cf�, <br /> .yw.�� (7�s,�d <br /> �`c r0 <br /> 01/15720B.7 <br /> Ft875.LMG (6/97) Page 2 of 2 <br /> I �; <br />
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