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99111366
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Last modified
3/13/2012 8:14:18 PM
Creation date
10/21/2005 1:33:29 AM
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DEEDS
Inst Number
99111366
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� � � � 1� 6 � <br /> EXHIBIT E <br /> MORTGAGE ADOENDUM <br /> The (ollowing are addenda lo ll�e Mo�tgage. PleasQ ct�eck tt�o applicable addQndum. Ti�e <br /> addendum ct�ecked sl�all Ue incorporated into, and reco�ded will�, tl�e Mortgage. 7he te�m"Morlgage" <br /> shall be deemed to include "Deed of Trusl," if applicable. <br /> X FHA, USDA RURAL OEVELOPMENT and HUD ADOENDUM ONLY <br /> TIiIS TAX-EXEMPT FINANCING RIDER is made tt�is day of , 19 and is <br /> incorporated inlo and sliall be deemed to amend and supplement lhe Mo�tgage, Deed of Trust or <br /> Security.Deed ("Security Inst�ument")o(the same date given by the undersigned ("9orrower) lo secure <br /> Borrower's Note("Note") to <br /> Mountain West Financial, Inc. <br /> ("Lender")o(ihe same date and cove�ing the property desc�ibed in the Security (nstrumenl and localed <br /> ai: <br /> 1415 North Park, Grand Island, NE 68801 <br /> (Property Address] <br /> fn addilion to Ilie covenants and.agreemenls made in lhe Security Instn�ment, Dorrower and Lender <br /> (urilier covenant and agree to amend Paragraph 9 of lhe Model Mortgage Form, entilled "Grounds for <br /> Acceleration ot DeUt'as by adding additional grounds for accele�ation as follows: <br /> Lender, or such of its successors or assigns as may be separate instrumenl assume <br /> responsibility for assuring compliance:by•the Borrower with the provisions�of this.Tax-Exempt Financing <br /> Rider;may require immediate payment in full of all sums secured by lhis Security Instrument if: <br /> (a) All or paR of the Property is sold o�.othen�vise lransfef�ed by 8orrower lo a <br /> purcl�aser or other transteree: <br /> (I) 1Mio.cannol ceasonably be_expected to_occupy lhe property.as a <br /> prinCipal Residence witliin a�easonable.lime afle�the sale or lransfer alf as p�ovided in Section 143(c) <br /> and (I)(2) of the Internal Revenue Code; or � <br /> (ii) Who has had a�present ownership inlerest in a principal Residence <br /> during any.pan of.the.three-year period ending on the date.ot the sale or transfer, all as provided in <br /> Seclion 143(d)and (1)(2)of lhe Internal Revenue Code (excepl Ihat`100 percenl' shall be subsliluted (or <br /> "95 percent or more"where ttie latter.appea�s in Section 143(d)(1)); or <br /> (iii) At an acquisilion cost which is greater.lhan 90 percent of the average <br /> area pu�chase price (grealer than 11p percenl tor ta�c�eted area�Resldences), all as provided in Seclion <br /> 143(e) and (I)(2) of tl�e Internal f2evenue Code; or <br /> (iv) Who has a gross family income in excess of the applicable percentage <br /> of applicable median Iamily income as provided ln Seclion 143(� and (I) (2j of the Inlernal Revenue <br /> Code; or <br />
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