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<br /> " MORTUAGG AD[9Bn�nlTi►hi --�.-�---�;.;.,:—
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<br /> � • � TI�c fa11o�•�in�nrc nddendn to Ihe Morlgo�e. �'Iw�w chcck�hc apnlicablc t!�IdcnJum. Tho '�
<br /> ndJendum checked shall be Ineorporated into� zncB recc9rdcd wilh, ll�e PAurtga�e. Ti�e terrn
<br /> "Morlgage' shall be deemed to include'Rerd o!7'wst,°if npplicable. -
<br /> � FHA nnd FmNA ADDEAILIUM � i�..
<br /> . .�^..:r_
<br /> THIS't AX-B7:�SMPT FTNANCING RIDCR If m�dc Ihi� 19 day of DEC. , 19�4. �- �
<br /> And h incomora�ed into and shall be deemed to amend and supplement the Mortgage,Dee�l of =
<br /> 'frust or Security peed ("Securfty Instrument")of tlie same dute givcn by lhe undersigned _ �• ':;;j-
<br /> , (^Qorrowcr•) to securo Dorrower'a Noro("Note') to .�
<br /> NORW�ST MORTGAGL�, INC � �• . .
<br /> " ("Lender')of the xame date and covering lhe propeny described in the Securtty Instrument�nd ' . t�
<br /> located at: .� . —
<br /> . . , � ' ._
<br /> . �
<br /> 102 SOUTH 4TH STREET DONIPHAN. NE 68832 , _
<br /> . [Property Address] '
<br /> ln addidon to lhe covenante and agreemanta made in the Sceuriry Instrument, Borrower And � -,•�Y::-"="
<br /> Leuder further covenant and agrce lo amend Aaregraph 9 of lhe Model Mortgage Form,entiUed "r:G^"�'+'��_
<br /> , . 'C3rounds for AcceleraUon of Debt'as by adding addidonal grounds for accelerallon as iollo�vs: I � � _-
<br /> ' L.ender, or such of Ite successors or asai�n�as may by separate instrumcnt asaumn -�
<br /> responsibiliry tor assuring compllance by the Dorrowcr with the provisfons of thie �
<br /> Tax-Facempt Financing Rider, may require immediate payment in full of all sum�secured •:Mt?�.�
<br /> ' by this 5ccurity Instrumcnt if: . '
<br /> ...��'�,
<br /> " (a) All or part of the Property ia�old or oihenvisn t►anaferred by Borrower •
<br /> [o a purchaser or other transferce: , ��.�
<br /> (i) Who cannot reasonably be expecteG to occupy Ihe property a • ;,�I
<br /> n or lransfer n11 as '��
<br /> principal residence withln a reasonable tlme sftec the sal � ti7
<br /> ----- ..__,__ �.�. �� ni-��„e .�,.tp�..p?1 Rnvenue Code= nr � � ----
<br /> — providui iii oc�.i�v,..-..�(�j Lv._,•• •..--• - - - —
<br /> "�� `'t. ..— -
<br /> (ii) VJho haa had n presant ownuafiip interest In a principal resfdence ���'' �
<br /> du�ing any part of the three•year per�od�nding on the date of the sale or t�nefer,
<br /> all es provided in Section 143(d)and()(2)of the Internal Revenue Code(except
<br /> IBaI"100(�rcenl" shall be subsliluted Pur'45 pereenl or mere'where Ihe I�Itcr �.���4
<br /> � appears in Secdon 143(d)(1}); or �: ,�,
<br /> , (iit) At an acquisition cosl which is greater than 90 percent of the � 'n �
<br /> average nrea purchasa price (greaier Ihan 110 percent for targeted area '
<br /> residences). all as provided in Section 147(e)nnd(q(2)ot the lntemal Reva�ue I � � ��,��
<br /> Code;or ' ' a
<br /> (iv) Who has n gros� fnmliy income In excess of the appilcable ` r;�
<br /> percentege of appitcabla medissn famlly income as ptovided in Section 143(�and ; SS
<br /> . . (i)(2)of tho Internal Revenue Code;or i �, �
<br /> (b) Borrower fnlls rooccupylheproperty described 1n theSecurity Tnstrument ! �'
<br /> .. wlthout pdur written cunsent of L.ender or fta successore or essigns describal nt the j ��;
<br /> • beginning of this Tax•8xempt Financing Rider.or • r�
<br /> . �!`'• r
<br /> (c) Bonower omits or mis�epresents a fact that is material wilh respecl to Ihe ' '
<br /> , �rovisfans of Scetion 143 of ihe Internal Rev�nue Code in an ap�lication for the loan
<br /> secured by this Secudry Instrumrnt.
<br /> References are to the Internal Revenue Codo as amended and in effe�t on the daie
<br /> � o( issuance of bonds, the proceeds oF which will be used to finance the Security .
<br /> • lnstnimcnt and are dcemed to Irtclude iho Implementing re6ulatfons.
<br /> • BY S1oT1ING BELOW, Borrower accepts and ngrees to the tcrms and provisiona in this
<br /> <- Tax-Exempt Financing Rider.
<br /> Borro! ' LY.NET � J •
<br /> J r �
<br /> � O •
<br /> u
<br /> Bo �ver FRANCI CO J. GO;�L
<br /> � VA MOR7Y3AGE ADDENDUM . .
<br /> ,
<br /> - (Prop�cny Addres�j �
<br /> . lf, so long ns the Mortga�e it ouiseanding, a1i or any pan of thc propcny is sold or
<br /> trdns(errcd by Bortower�vithout Lender's prior s�+ri�ten conscnt,othcr than a�ransfer by dcviae,
<br /> �•. descent or by operation of law,the T�.endcr may,ai Lender's option,declare all Ihe sums secureG
<br /> f � by the Mon�aga to be immediatdy due and payable.
<br /> Bor7o�ver
<br /> � • Dato t3orrower
<br /> -- �
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<br />
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