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99111062
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Last modified
3/13/2012 8:06:22 PM
Creation date
10/21/2005 1:26:00 AM
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DEEDS
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99111062
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EXHIBIT E 9 9 1110 6 2 : <br /> MORTGAGE ADDENDUM <br /> The following are addenda to the Mortgage. Please check the applicable addendum. The addendum checked shall be incorporated <br /> into, and recorded wkh, the Mortgage. The term "Mortgage" shall be deemed to include "Deed of Trust," 'rf applicable. : <br /> Q FHA, USDA RURAL DEVELOPMENT and HUD ADDENDUM ONLY : <br /> THIS TAX-EXEMPT FINANCING RIDER is made this 12th day or November , 1999 , and is incorporated <br /> into and shali be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed ("Security Instrument") of the same date : <br /> given by the undersigned ("eorrower^) to secure Borrowers Note ("Note") to UNITED NEBRASKA BANK <br /> ("Lender") of the same date and covering the property described in the Security Instrument and located at: 303 E HALL GRAND <br /> ISLAND NEBRASKA 68801 <br /> (Property Addrsss) <br /> In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree to amend : <br /> Paragraph 9 of the Model Mortgage Form, entitled "Grounds for Acceleration of Debt" as by adding additional grounds for acceleration as <br /> follows: <br /> Lender, or such of its successors or assgns 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 Borcower to a purchaser or other transferee: <br /> (i) Who cannot reasonabiy be expected to occupy the property as a principal residence within a reasonable time after the sale or <br /> transfer, all as provided in Section 143 (c) and (i)(2) of the Intemal 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, ali as provided in Section 143(d) and (i)(2) of the Internal Revenue Code (except that "100 percent" shall be <br /> 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 90 percent of the average area purchase price (greater than 110 percent for <br /> targeted area residences), all as provided in Section 143(e) and (i)(2) of the Intemal Revenue Code; or : <br /> (iv) Who has a gross family income in excess of the applicable percentage of applicable median family income as provided in <br /> Section 143(f) and (i)(2) of the Internal Revenue Code; or : <br /> (b) Borrower faiis 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 wkh respect to the provisions of Section 143 of the Intemal Revenue <br /> Code in an application for the loan secured by this Security Instrument. <br /> References are to the intemal 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 Securky Instrument and are deemed to include the imp enting regulations. <br /> BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions i his Tax-Exempt Financing Rider. <br /> � (SEAL) <br /> B�«�w��AND W SWANSON <br /> } CJ1J��lJU 1 1�� (SEAL) <br /> "s�«� •� JILL SWANSON <br /> ❑ VA MORTGAGE ADDENDUM <br /> 303 E HALL GRAND ISLAND NEBRASKA 68801 <br /> If, so long as the Mortgage is outstanding, all or any part of the property is sold or transferred by Borrower without Lenders prior <br /> written consent, other than a transfer by devise, descent or by operation of law, the Lender may, at Lender's option, declare all the sums <br /> secured by the Mortgage to be immediatety due and payable. <br /> (SEAL) <br /> Borrower <br /> (SEAL) <br /> Date Borrower _ <br /> ❑ CONVENTIONAL MORTGAGE LOAN ADDENDUM ONLY <br /> THIS TAX-EXEMPT FINANCING RIDER is made this day of , and is incorporated into and <br /> shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed ("Security Instrument") of the same date given by <br /> the undersigned ("Borrower") to secure Borrower's Note ("Note") to <br /> ("Lender") of the same date and covering the property described in the Security Instrument and located at: <br /> �Property Address� <br /> 01/157208.7 NIFA 2/98 _ <br /> F1875.LMG (8/97) Page 1 of 2 _ <br /> �7........................ <br />
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