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<br /> ` , The�ollowins are zddend�to tfie Mori�e,PMaue c�c Uie appiiabk�ddendum. Theaddendum cl�ecked�h�ll be�ncorponied iaW��umd
<br /> recorded wlth�iha Mott��e. Tha Ge�m"Mott�ge"ai�ll bedetmed to inci�da"Aeed ot'ftuat;'if a�licabb. ,
<br /> FHA wfxi�u1HA AD�SBi�AUA9
<br /> � THISTAX-BXBMPT�INANCINORIDBRism�tdethia 3ot,1s,_� d�yoP,�a��,..� .�9 �I,Aadia
<br /> incorpor�ted inlo end�hali be dee�mcd to anKnd and ro{�kmeni lhe Mortba�Dced of Tcuat or Secnnty Dad("Sxurily Inatrummt")o�11�
<br /> s�une datc�tven by the under�ianed�'Borrower")to exuc�e Bonowet'e Nate("Notd')to �
<br /> COLIJMBnB FEQEML SAYI!(f38 HAlIK
<br /> ("Leade�7 of the aanxdateand covetingthapropertydextlbed in the Sccutity Instrument and lacatade�
<br /> b15 8 7WEY1llIDRIA 8T1tBBT C11�R0. !!8 68824
<br /> [Propedy AddressJ
<br /> tn addition ro the co�nanis and agreariente made u�t�e Sc�urity Instrwn�nl,Barcower a�cl Lendec[urtktr eovtnaat and ag�x to amend
<br /> Pacagraph 9 of the Model Morigage Form,entitkd"arounds[or Aaoekcalion of Debt"as by adding addidonal grounds ior aocekradon as
<br /> follows:
<br /> Lender,or such of its suoo�ssora or assigns as may be stparate inatrument assume re.cponsibility for assuring compl�ana by the Bortoc�er
<br /> with the provisions of this Taa•Baempt�naaaag Rider,may�equin immediate payment in full o[all sums sa;u�ed by thia Saurity
<br /> Inswment if:
<br /> (a)All or pad otthe Property is sold or othenvise ttansferred by Botrower to a purchaser or olher t�ansfem:
<br /> (i)Whocannot c�asoaably be ezpectcd t000apy the propedy asa principai residena within a reasoasbktimeatter fhesak or
<br /> tcansfer,all as pmvidal in Section 143(c)and(x2)of Ihe Internal Revenue Code;or
<br /> � �
<br /> ;,tr, (ii)Whohashad a present owne�ship inteast in a principal residenoe during any patt of thethreayearperiod ending on the date
<br /> ' "�:,`" of the sale ortcaus[er,all as ptovided in Sxtion 14l(d)and(ii(2j of the Intetnel Revenue Code(eacept that"100 perant"shaU be
<br /> substituted ior'"9S peroent or more"where the IaUer appears in Section 143(dXl)�or
<br /> . ',_,, ' � .�; �
<br /> (ui) At an aaquisition oost which is greater than 90 penent of the average area pu�hase pria(gnater thaa I10 perant for "`4:�:
<br /> targeted Arca r�sidenas),ai!as providal in Sxtion 143(e)and(iX2)o[tht(ntcrna(Revenue Code;or •�:� �
<br /> ':!;
<br /> ��r;r
<br /> �- �• (iv)Who hasa gcoss fam�y income in exa�ss oftheapplicable percentage of applicable malian family income as pmvided ia ';�;;�_��
<br /> ` •,.•a :
<br /> '�` ;'' � , � 5action 143(Q and(ij(2)of the Intema!Revenue Code;or �i���
<br /> ,;:n'1,� '�.
<br /> �'.y'� (b)Bonower failsto oavpy the propertyde�ribed in the Sa,urity Insirument without prior written wnsent of Lender or its `;
<br /> '��'�`�'• suooasorsorassignsdescribed at ihe beginning ofiheTax•Exempt�inancing Rider.or �
<br /> r,`' ��nryf+Y�-T���J }.'1..
<br /> �.�iJ-.W_..
<br /> � �.� (c) Boirower omiis ormisrepresents a fact that is material with respect to lhe provisions of Section 143 of the tnternal Revenue Code ��`
<br /> :•-�4,;;�� in an application for the loan securod by thisSecurity Instcument.
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<br /> �."�t!TI.�;i�.. '`��i
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<br /> , � ��''�+ Reterenas are tothe Intemal Revenue Code�samended and in effecton the date of issuance of bonds,the prooeeds of which wili be >��;,.
<br /> �•'„�1' uscd to lidance the Saurity Insttument and are d�mcd to include the implementing regutations. '��.
<br /> :��:
<br /> ' BY SIGNfNG BBLOW,Boaower aocepts and agrees to the tenns and provisions in this Tax-Exanpt Financing Rider.
<br /> � -
<br /> .Q_���:� �.
<br /> Bonower
<br /> • . 7luqust 90. 1994
<br /> . u:l'r.",.�r•
<br /> t !" a��,.�
<br /> , pate BOtrowei
<br /> $ 61� B BL�EAnliitie �s=tc�nr
<br /> ,an�;�,9;:.,,���.. VAMOR'[�GAGBAUDBNDUM CAIlIO, N� 68824
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<br /> Y'"S�,3.•t:ti. •
<br /> . ;k_�s•-x If,so long as the Mortgage isou�taading,all or nnypartof the property is sold ortransierrod by Bocrower without Lender s priorwritten
<br /> '��'�"'�1'�'' consenl,otherthan a transferbydevise,de�ent or byoperntion of law,the Lendermay,at Lender's optio re ail t�asStms recf by the
<br />- . ���, Mortgage to be immediately dae and payabk. ,�/
<br /> t' s�Jx �
<br /> �:,�'�-'�^�'��. - Borcower �
<br /> �s,v.�,�°�,�,�:• �
<br /> ' ° °� � Aliqllat 30� 1994 � � ("!�
<br /> ���. �..
<br /> Date Borrow�er �°�`�'��—�--
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