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<br /> • AEt►ISBD 12/93
<br /> 6
<br /> EXHiBiT E =
<br /> MORTGAGE ADDTNDUM Q a� �
<br /> ��V�° iO�
<br /> ' �
<br /> The following are atidenda to the Mortgage. Pleasa chcck the applicable addendum. 'The
<br /> addendum checked shall be incorporatal into� and re�orded with. the Mortgage. The term °
<br /> "Mortgage" shall be deemed w iacludo"Deed of Trust," if applicable. _
<br /> X FHP,and FmHA ADDEND�IM
<br /> TH[S TAX-EXEMPT FINANC1Na RIUEl2 is made this zs'fH day of JuNE , 199�
<br /> and is incorporated into and shall be damed co amend and supplement the Martgage, Deed of
<br /> Trust or Securiry Dad ("Security Insuumont") of the same date given by tha undersigned
<br /> ("Dorrewer")to aecure Borrower's Note ("Note") to
<br /> H�IE �'EpERAL SAVINGS AND LOAN ASSDCIATION QF GRAND ISLAIVD -
<br /> ("Lender")of the same dato and coverin� the property dasc:ibed in the Secudry Instrume�et and
<br /> locate�l at:
<br /> 271? WEST 1 ST ST., GRAND 15LAN0 (�E 688D1
<br /> i[�'�Y Atl�j =
<br /> In addidon to tbe c.ovenants and agraements made in the Securlty Instrume�nt� Borrower and
<br /> L,ender furthar covenant and agrea to amend Faragraph 9 of the Model Mortgagc Form,enHtted
<br /> "Grounds for Acceleration of Debt"as by adding addit�onal grounds for accelaradon as fallows:
<br /> _ Lender. or sucb of its successors or ass�gns as may by s�paraoa ins�umant assume
<br /> :+esperosi'biiity for assuaiag compl�a�ace by the Borrower with We provisiorts of this
<br /> Tax Exempt Flnana3ng Rider,may raqwro immcdiate payanent ia full of all sums securad
<br /> . by this Seeuiit�j L�stn�ment i�
<br /> '� (a) A11 or part of tha Property is sold mr otherwise transfernd by�orrower
<br /> to a pvrchaser or other transfene:
<br /> (� Who cannot reasonabiy be�xpected to axupy the property as a _
<br /> pslncipaL residence with�n a n�aanable tima after the sale or hansfer, all as
<br /> pmvided ia Section 143(c) and (i)(2}of the Internal Reverwa Cade;or _
<br /> ('� Who has had a present ownership interest iu a psincipal resldence
<br /> �� during a�y part of the thrc�yrar perlod ending on the dat�of the sale or transfar,
<br /> oum�.� Y.
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