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<br /> " ' Tiie folloivinG c►ra addenda to thc PAonraga. Y'Ic�se chccl:ilro appllcnbla cdden�Jur��. 'i h� ° � --
<br /> a�IJendu�i�checke,d ohall be incorporatcd inte�, nnc! recorded ��ilh, the Mnnga�e. '1'i►� terrn _._ _____� _ , -
<br /> ,. 'Mori�aga°aboll be dctmed to include"dCCI�OI1'N31�" fI oppllcnbla, '•`�"-�:"�'_.:��;-
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<br /> � � FHA�nd FmHA ADDBNDUM , ,,,;,.�.=" —_`L°-
<br /> _ �:
<br /> ��- ;.;V.��.�„�,s.--;;
<br /> THIS TAX•BXBMPT FINANCINO RIDIi4t It mado IMa dAy ot , 14 � �� �� �y '
<br /> ' �n<1 I�inca�pora!�d Into and thall bo decmed to emcnd ond supplcmen�the Mort�a�e,1]eu1 of — ___
<br /> �. •�i.,;:,.;�,,;�k:=
<br /> 'Prual ar Sccurity Deed ("Security Imtrument") of tlie s�me dale �Iven by Il�a under�fgned ..���x�:
<br /> ('Boirowcr`) to cecure qorrower'a Nota('Noto')to ' ���:�:'�.`;_,�-�°__--
<br /> ,�. ���:._._..
<br /> . � ,.. ;;,a�;pa=_,
<br /> ::t.cna.c. .
<br /> � ('Lender')of tha �me date end coverin&lhe prope�ty described in ti�o Secadty Inslrument and ""�`�„:"j�`a:'z:.-
<br /> lOCttCd Qt: ':A.l.�i,::�i��.:'
<br /> . .�. '�s:�—�---
<br /> ;'=.�ne�:°r��—.-._a .
<br /> • 'ii,!:?'s�g,'.�i:`_.
<br /> � • /� .:(::+�iJ�;ti.r:;i.:?k.- _
<br /> " (P�OpCRy AddrESS] • �ty.:�."•�,.___
<br /> ' � . !' ^'S-r:___rt.—
<br /> in eddition to the covenants and agrelments made In the Secudty Instrument,Aorrower and • -s;��,�;��r._—
<br /> Lender further covenant and agree to amcnd Paragraph 9 of lhe Modcl Mongage Rorm,entiAed -'
<br /> 'Cirounds for Accelentton of Debt"as by addtng addittonal grounda for acceler�llor�as follows: W��`:--
<br /> ,. ,--- ;
<br /> - Lende�,or such of iu succasora or assigne �s may by seyarate ins�rument assumo � � -
<br /> responsibiNiy for assuring compliance by the Borrower with the rovisions of thia °``Y=`''-`�-`-�
<br /> P ••.,�.�,_�r�;��:;
<br /> ' Tax-Exempt Financing Rider,may require immedlate payment In full of aQ sum�secured ,�:�'�
<br /> � by this Secu�ity Instrument iF '•'_�:'
<br /> . �:
<br /> (�) All or pan of the Propeny Is sold or otherwtso tnc��fe;�ed by Borrower =��. _
<br /> to a purchaser or othe�transferee: —
<br /> _.
<br /> �::�:
<br /> p) VJho cannot reasonably be expected to occupy lhe pmperly u a ; „�'�,
<br /> ----- ---- -- - p7:ctp:! ra:ddc.x •af�h!a s ze.:.,,•^n�tile lIT� �i��r �he aale or tranefer, atl a�
<br /> provided In Scctlon 143(c)and(i)(2)of the Tntemal Revenue Code;or h"a "
<br /> .,{
<br /> 1�Y.
<br /> (ii) Who has hnd n present ownuship interesi!n a principal rosldenco °
<br /> � • during any pan oF the three•yeu period endin�on thn dun of lhe tale or tcantfcr, '
<br /> all as provided In Section 143(d)and(i)(2)of the Intemal Revenue Code(ea�cept {� � °
<br /> tl�at"!(XI perccnt'shatl be tubstitut�sd for'9S perccnt or mure'whcro iLa laucr f ��:�+
<br /> appears in Sectlon 143(d)(f));or
<br /> � � :..4��
<br /> ,: a
<br /> (iii) At an acquisitton cost which le greater than 90 percent of the ,�.,
<br /> , average nrea purchaso price (grcater than 110 percent for torgeted uea "t
<br /> residGnce+),all n�provtded in Secdon 143(e)artd(i)(Z)ot tho Internel Revet►uo •
<br /> Code; or ��,�� r
<br /> f t �.
<br /> . (iv) Who haa a gros� family income in exass of the applicable �
<br /> percentage of applicable median famtly income as provided in Sectian 143(Q and � �
<br /> (I) (2)af the ENernal Revenue Code;or � � �
<br /> � ' %'�
<br /> • (b) Borrowu fafls to occupy the property described In Ihe Security instniment r.
<br /> wilhout prior written consent of Lender or tta succasors or ansigns desa�ibed nt the '�
<br /> beelnning ot th(c Ta�c•Bxempt Financing Rider,or , �
<br /> ��
<br /> ��^• r,
<br /> •. � (c) Borrower omits or misrepresents a fact that is material with respecl to Ihe . ` ,
<br /> . , provisions of Section 143 of the Internal Revenue Codc in an application for U�e loan
<br /> secured by th{s Secudty Instrument.
<br /> Refaoncea are to the Internal Revenue CoJc as amended nnd in effect on the dz�e
<br /> of issu�nce oF bonds, the proceeds of whfch will be used to finance tt�e Security
<br /> lnstrument and are deemed to fnclude the lmplementing reguletions.
<br /> • BY SIOWINC3 DELOW, Borsower accepts and n�rees to the terms and provisSons iai thia
<br /> Tax-Exempt �Inancing Ridcr.
<br /> Borrower
<br /> � Borrower '
<br /> • � VA MORTQAQB ADD&NDUM , ,
<br /> " 904 West 8[h 5treet Grand Island, NE 68801
<br /> (Property Address]
<br /> •� Tf,so long ns the Mortgage is outstanding, atl or any part of the property is sold or
<br /> , �ransferrcd by Dorrower wfthaut Lender's pdor writtcn consents othe:rihan n transfer by devise,
<br /> � descent or Dy apentton of taw,thc Lender may,at Lcnder'e option,dutare ail Ihe aums sccurr,d
<br /> r by t�o Mortgage to 6c immedlately dud and payablc.
<br /> � �.��7���1�lIR.�
<br /> Aorrower N�il M. Mutchler
<br /> . � Dec�mber 16, 1994 �,.- �� /��-� /`)1 i�t�e.����¢.�.
<br /> ' Datc t, -, ��`
<br /> � j Horrowcr Bonita A. Mutchler
<br /> i
<br /> ' �—
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