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09 112207 <br />( "Lender ") of the same date and covering the property described in the Security Instrument and located <br />al: <br />(Property Address] <br />In addition to Ilia covenants and agreements made in the Security Instrument, Borrower and Lender <br />further covenant and agree to amend Paragraph 17 of Ilia Uniform Mortgage Form, entitled "Transfer of <br />Ilia Property as a Beneficial Interest in Borrower" as by adding additional grounds for acceleration as <br />follows: <br />Lender, or such of its successors or assigns as may by separate instrument assume <br />responsibility for assuring compliance by [fie Borrower with [lie provisions of this Tax - Exempt Financing <br />Rider; may require immediate payment in full of all sums secured by this Security Instrument if: <br />. (a) All or part of the Property is sold or otherwise transferred by Borrower to a <br />purchaser or other transferee: <br />(t) Who cannot- - reasonably, be.expected la occupy: the - property as a <br />principal residence within•a reasonable time after the sale of transfer. all as-provided in Section 143(c) <br />and (1)(2) of the Internal Revenue Code; or <br />(ii) Who has had a present ownership interest in a principal residence <br />during any part of (tie three -year period ending on the date of the sale or transfer, all as provided in <br />Section 143(d) and.(1)(2) of Ilia Internal Revenue Code (except.lhal "100 percent' shall be substituted for <br />"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 <br />established by the Nebraska Investment Finance Authority (the "Authority") in connection with its <br />Program, pursuant to which Program this Security Instrument is financed; or <br />(iv) Who has a gross family income in excess of the maximum limits <br />established by the Authority in connection with its Program; or <br />(b) Borrower fails to occupy. the property described in the Security Instrument <br />-without prior written consent -of Lender or its successors or assigns described at the beginning of this <br />Tax - Exempt Financing Rider, or <br />(c) Borrower omits or misrepresents a fact chat is material with respect to the <br />provisions of Section :143 of the Internal Revenue Code in an application for the loan secured by this <br />Security Instrument. <br />References are to the Internal Revenue Code as amended and in effect on the date of <br />issuance of bonds; the proceeds of which will be used to-finance the Security Instrument and are <br />deemed to include the.implementing regulations. <br />BY SIGNING BELOW,; Borrower accepts and agrees to the terms and provisions in this Tax= <br />Exempt Financing Rider. <br />U�d <br />Borrower <br />Borrower <br />