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� � � 9 112 �66 <br /> EXNIBIT � <br /> � (VIORTGAG�ADOENDUM <br /> e. P��asa check the appUcabla addendum. The <br /> The following are addenda lo the Mo�tgag a 8 The term'�Mottgage' <br /> addendum checked shall ae inco�P°fT�ustin if appacablerded with, the Mo�9 9 • , <br /> shall be deemed lo include"Peed of � <br /> =_FHA.USpA R�RAL DEVELOPMENT and HUD ADDENOUM ONLY <br /> 199 9 and is <br /> pesd of Tn.+st or <br /> THIS TAX-�EMPT FIN eN ea o amend and supplement he Mortgage,c. , <br /> Y o d Bof�oWe�)to secure <br /> incorporated i�lo a�d shall be de m <br /> Security Peed ( Security I�sirument") t the same daie given blNC unde�sign� <br /> BofroWef's No1e ��Nole')to MORTGAGE EXPRESS , <br /> ("l�ende�')oi lhe same date and coveri�g Ihe property described in thq S�curlty Instrument and located <br /> at: 517 WEST 17TH STREET <br /> GRAND I SLAA�?ope�tjrEAddress�1 <br /> �rr <br /> In addllio�.to!he covenants and.agreements mad�in the Security Instrument, BorroWe�and lender <br /> further cavenant and agree to amend Parag�aph•9 of the Model Mortgag�Form, sntitled"Grounds for <br /> � Accelsration of pebt'as by adding additional grounds fo�acceleration aS foII4W�: <br /> ��nd�r,o��uch of i1s successors or as�i�ns as may be sepa�at�in�tnam�nt assume <br /> . . �. �.�espo�sibility.fot assuring.compliance:by:the 8orrower With the provisions'of thiS Tax-�x�mpt Financing <br /> : Rider;may requirs immediate payment in tuil of all sums secured by this Security Instrument if: <br /> (a) .� All or pan of!he Propeily is sold o�.otherwise transfer�ed by Borrower to a <br /> purchaser or other transferee: — <br /> (q . Who cannot�easonably be.expected to occupy:lhQ property as a <br /> - .. principal Residence within a reasonable time after.the�sale�ori�ansfer,�ll a$:proy'idedin Section 143(c) <br /> and(I)(2)o(th� Internal Revenue Code; or <br /> (ii) � . Who has had a present owne�ship interest in a p�incipal Residence <br /> . . ...during any.part of.ihe.three-year period ending on the date of lhe sale or tra��fsr,�I)as provlded in <br /> . . Section 143(d)and(I)(2)of ihe Internal Revenus Code(except that"100 psrcent"�hall bQ Substituted for <br /> "95 pe�ce�t o�more"where Ihe latle�.appears In Section 143(d)(1)); or <br /> . . � (iii). �•: ��At an:acqulsition cost which is greatar than 90 percent of the ave�age <br /> � -area purchase price(greate�than 110 perce�t for targeted a�ea Residences), all as provjded in Section <br /> 143(e) a�d (I)(2)of lhe i�lemal Revenue Code; or <br /> (iv) Who has a gross family incoms in excess of the applicabl�percentage <br /> o(applicabte median family income as provfded in Section 143(q and(I)(2)af the Internal R�venue <br /> Code; or <br /> r... (b) Borrower fails to occupy the property described in the Secu�ty (�stnlmenl <br /> without prior wtitten consent of Lender or its successo�s or assigns des�:nbed al lhe beginning o(lhis <br /> Tax-�xempt Financing Rider, or <br /> (c) 8orroyver omits or misrep�esents a fact that is material with�espect lo the <br /> p�ovisions of Seclion 143 of lhe Internal Revenue Code in an application for the loan secured by this <br /> Security Instrument. : <br /> Refefences afe to the Intefnal R�ve�ue Code as amended and in effect on lhe date of <br /> issua�ce of bonds, the p�oceeds of Which yvill be used to finance the Security In$tnament�nd are <br /> desmed to include (he implemenling regulations. <br /> SY SIGNING LOW, �oRower accepts and agrees to the terms and p�oyislonS in this Tax- <br /> �xempt Financi ider. � <br /> , ,, <br /> /' <br /> ��- ... _.... <br /> Borrowef VANESSA A. ARNOLD� Barfowef <br /> VA MORTGAGE AODENOUM ON�Y <br /> � <br /> (Property Address] <br /> .:�. �If,:so long as the Mo�tgage is:outstanding;all or pa�t of lhe property is sold or t��nsferred by <br /> Borrower without Lenders prior w�itten consenl,othec than a t�ansfer by devis�, descent or by operation <br /> of law;lhe l�ende�may, at Lende►'s option,decla�e all the sums secured by ths Mo�igage to be <br /> immediately due and payable. _ <br /> Borrowe� <br /> � <br />