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99110966
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Last modified
3/13/2012 8:04:20 PM
Creation date
10/21/2005 1:24:00 AM
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DEEDS
Inst Number
99110966
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99 110966 <br /> EXHIBIT E <br /> MORTGAGE ADOENDUM <br /> The foliowing are addenda to tt�e Mortgage. PleasQ clieck tlio applicable addondum. Tiie <br /> addendum checked shali Ue incorporated into, and �ecorded with, lhe Mortgage. 7he term`Mortgage' <br /> shall be deemed to include"Deed of Trusl," if applicable. <br /> x FHA, USpA RURAL DEVELOPMENT and HUD ADDENOUM ONLY <br /> T111S TAX-CXCMP7 FINANCING RIDCR is made tliis 1 2thday of Nov. . ��9 and is <br /> incorporaled into and sl�all be deemed to amend and supplement lhe Mo�tgage, Deed of Trust or <br /> Security.Deed ("Security Instrument")of lhe same dale given by the undersigned('Bo�rowef) lo secute <br /> 8orrower's Note ("Note") lo <br /> Mountain West Financial <br /> ("Lender')o(ihe same date and covering the property described in the�Security Inst�ument and localed <br /> at: <br /> 2309 West 11th Street <br /> Grand Island, NE 68803 <br /> (Property Address) <br /> (n addilion lo tl�e covenanls and.agreernenls made in lhe Security I�strumenl, Qorrower and Lender <br /> funf�er covenanl and agree to amend Paragraph 9 of lhe Model Mortgage Form, entilled "Grounds (or <br /> Acceleralion of Debt"as by adding additional g�ounds for acceleration as follows: <br /> Lender, or such of its successors or assigns as may be separaie instrument assume <br /> responsibility (or assuring compliance:by•the Borrower with the provisions�of lhis.Tax-Exempt Financing <br /> Rider;may �equire immediate payme�t.in full of all sums secured by this Security Insl�ument if: <br /> (a) All or part oI Ihe Property is sold or.ollien�vise translefred by Borrower lo a <br /> purcliaser or other lransteree: <br /> (I) Who.cannot ceasonably be.expected to_occupy lhe property.as a <br /> principal Residence witl�in a�easonable.lime atter the sale or lransfer alt as provided in Seclion 143(c) <br /> and (1)(2) of Ihe Internal Revenue Code; or � <br /> (ii) Who has had a�present ownership interest in a principal Residence <br /> du�ing any.part of.the.three-year pe�iod ending on the date.ot Ihe sale o�transfer, all as provided in <br /> Section 143(d) and (I)(2)of lhe Internal Revenue Code (except lhal`100 percent' shall be subsliluted (o� <br /> "95 percent or more'whe�e ll�e lalter.appea�s in Section 143(d)(1)); or <br /> (iii) At an acquisilion cost which is greater.than 90 percent ot the average <br /> area purchase price (c�reate�than 11 p percent for targeted a�ea Resldences), all as provided in SecUon <br /> 143(e) and (I)(2) o(tl�e Internal Revenue Code; or <br /> (iv) Who has a gross family income in excess of the applicable percentage <br /> o(applicable median family income as proVided in Seclion 143(� and (�) (2)o(lhe Internal Revenue <br /> Code; or <br /> �a . <br />
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