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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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99 1110s2 <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 Un'rform Mortgage Form, entitled "Transfer of the Property as a Beneficial Interest in Borrower" as by adding additional <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) Ail or part of the Property is sold or otherwise transferred by Borrower to a purchaser or other transferse; <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 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, all as provided in Section 143(d) and (i)(2) of the Intemal Revenue Code (except that "100 percent" <br /> shall 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 famiy income in excess of the maximum limits established by the Authority in connection wkh its <br /> Program; or <br /> (b) Borrower fails to occupy the prope�ty described in the SecurRy Instrument without prior wr'�ten 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 Intemal 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 /> Borrower <br /> Bo�rower <br /> STATE OF NEBRASKA <br /> �ss. <br /> COUNTY OF HALL � <br /> The foregoing instrument was acknowledged before me this 12th day of November , 1999 <br /> by ANDREW SWANSON AND JILL SWANSON HUSBAND AND WI E <br /> Witness my hand and notar'�al seal at GRAND ISLAND in county, the d af s <br /> tv�y commission expires: SEPTEMBER 29, 2003 , <br /> GENERAI NOTARY-St�fe ot Nebn S I L ' ALLAG N <br /> I'I SHERHI L.O'CAILAGNI� �y <br /> My Ccmm.E�p.Sept.28.2�03 <br /> o�/,s�zoe.� <br /> F1875.LMO (8/97) Pay� 2 of 2 <br />
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