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<br /> � The folbwlnE araaddenda to tAe Morl�a�e. Pla�se clia;k the aRplicab[�addendum.The addeadum choekai shaq 6e incarywreted tnlo,and
<br /> r000rda�i with,ths Motl��e. 7fie term"Monaage"shnll 6e dem�cllo include"De�d of'Cruat,"if applicet6k.
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<br /> �,t„� CIfA a���Ft��HAADDSNDUM
<br /> • 'fHIS TAX•BXBMPT FINANCINO RiDER i�made thia 19tri day of �uguat ,19 94,$���
<br /> incorpor�tcd into and ahsll be deanod to amend and euppkment the Morigage,Deed of Trust or Security Decd("Sa�urrity InstrumenC')o[tha
<br /> a�nx date given by the underaigned�'Borrowel" to�ccure Bonowe�a Note�ote"f to
<br /> coL OS L�EDBRAL 81�YI as �r�xK
<br /> ' ("Lende�')of the eamedate andwveringthe property dacribed in iheSaucity Instrument and tocateda�
<br /> Z114 W ST�lB STRSST aR1u1D ISLIlIID, IiE 68803
<br /> (Property Address)
<br /> in Hddition to the oovenanta and ag�nenls made in thc Sxurity lnstcumenl,Bonower and Ltnder fartherooveaaat and agtte to amend
<br /> Paragraph 9 otthe Model Morigage Fom�,entittled"Oroands for Aaoekration af Debt"as by addingaddit�nalgroundaforaooekretion es
<br /> follows:
<br /> Lender,orsuch ofits suooesson or a�ignsasmay be sepa�ate instcu�nent assume responaibility forassuringwmplianoe bythe Boccower
<br /> with the provisioas of tl►is Tax•Exempt Finaaciag Rider,may require immediate paymeat in full of all sums sacurcd by tba Sa�city
<br /> lnslrument if
<br /> ° �. x � (a)AI!or pari of the Prope�ty is sold or otherwi9e tsansfenod by 8orcower to a purchaser or other transfera:
<br /> �k,�,:_� � �
<br /> ,��► ,��,� ,
<br /> ,�, �.� � (i) Who cannot trasonably beexpected to oacupy the propeny as a principai�esidenoewithina reasonabk iime alier ihesaieor
<br /> .,,�t ,��:�,���,, transfer�ali as ptovided in SecUon 143(c)and(iK2)of the Intemal Revenue Code;or
<br /> . d'\ f?�;,:r�'�.-
<br /> ;�-� u Who h�s had a resent ownecshi inter�tin a rinci 1 residencedurin an artof the thrae- ear nodendin on Wedate
<br /> � � C.) P P P Pa 8 Y P Y �� 8
<br /> `1 `Y��'�14�=' of the sak or traasPer,all�s rovidaf in Section!43(d)and(iXZ)o�the Jntemal Revenue Cod�eaa t that"IOU cant"ahall be
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<br /> ° `}�`" substituted for"95 perant or more" where the latter appears in Section 143(dKl));or
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<br /> ` n111�41dkv..
<br /> � � W� (aij At an aoquisition wst which isgnater than 90 percent of the average area pu�hase prioe(greater than 110 perant for ',��
<br /> rr '1���c,�e�
<br /> fi t : �.�;N`.� tacBeted ar�a residcaasj,all as pmvidd in 5�xtion!43(e)and{i�2)of!he laterns!P.e1 enue Cods;or t
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<br /> � � � -� ��� (iv)1Nho has agcoss family inoome in eacessotlheapplicable peroentageof applicable mcdian[amily inoomeas provided ia �y,.
<br /> �' �;, �,� , � Sation 143(Q aad(ix2)of the Intemal Revenue Code;or
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<br /> .Y- t.'_.,.��.;r,.;•.•h•,.
<br /> (b)Borrowerfails to aocupy Wepropedy d�bed in the Security[nstrument without prior written consentof Lenderor iis :::Y,
<br /> Y:�'°=a���-�����~ suoa�.aorsora sdescribedatthe nnin oftheTax•Exem lFinancin Rider,or �=�
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<br /> �,:• � ..;.,�i ':rr-.
<br /> (c)Botroweromits ormisrepnsenis a�act that ismaterial with respect to the provisions of Section 143 o�the Intemal Revenue Code
<br /> _ ::��r:�t�: �� inan app{ication for the toan sa:uced by this Sautity Instn�ment.
<br /> �,y;
<br /> ��s�}��� Referenoes an to the Intemal RevenueCode as amended and in eftect on lhedate of issuanoeof bonds,the proaeeds o[which will be �'-
<br /> .,a±`�:°�;°,�„ :��_ :
<br /> �� $�x+:•:�f; . -. uscd to finanae theSocurity Inswment and andoemed to include the implementing regulations.
<br /> ���f'` .
<br /> - �. �'�:•��`�1 BY SIGNIN(3 B6LOW,Borroweraoapta and agrees to the le�ms and provisions in this Tax•Exempt Firtancing Rider.
<br /> _� .: „ '".t�``�� �!y�e�eX� /Jw.�"
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<br /> :V.�,��;4,'���P;�� �r MICH�I, D SORBNSSN
<br /> o ytali{ +-r•' � ,�/
<br /> � ' .' „� �5uaust 19. 1994 �m��•
<br /> :;�x�-;A%�a:
<br /> � �:,��.. � Date 13onower pol�l�ll X SoREiisE1�
<br /> .'_��;;' �` . YA MOR7Y3AGB ADDBNDUM 2114 W STl�T6 S�RSST
<br /> - _ (;R!lIiD IBLll�iD, H13 b8803
<br /> '�•` ���.`�''���-�'�� � If,so Iongas the Morlgage is outstanding,all nr any partotthe pro�erty is sold or iransferred by Borrowcrwithoutl.ender's priorvuritten
<br /> 4;.;� -;..1�.,.
<br /> ;,<<��Y•���--������ Y wneent,other than A transfer bydevise,desoent or by operation of law,the Lender may,at Lender's option,decia�eall thesums sxured by the
<br /> ;,�..�.r -
<br /> �;�;� _�., �:,'" � Morlgage to be imnxdiately due and payable.
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