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200300834 <br />X CONVENTIONAL MORTGAGE LOAN ADDENDUM ONLY <br />THIS TAX- EXEMPT FINANCING RIDER is made this 17th day of January January <br />and is Incorporated into and shall be deemed to amend and —supplement the Mortgage, Dead of Trust or Security Deed <br />('Security Instrument ") of the same date ghan by the undersigned ('Borrower') to secure Borrowers Note ( "Note ") to <br />Community Mortuane Company <br />( "Lender ") of the same date and covering the property described in the Security Instrument and located at: <br />2220 N SHERIDAN AVENUE GRAND ISLAND NE 68803 <br />Plvv.tly Aaao .l <br />In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender fuller covenant and <br />agree to amand Paragraph 17 of the Undo. Mortgage Form, entitled "Transfer of the Property as a Beneficial Interest in <br />Borrower" as by adding additional grounds for acceleration as follows: <br />Lender, or such of its successors or assigns as may by separate instrument assume responsibility for assuring <br />compliance by the Borrower with the provisions of this Tax - Exempt Financing Rider, may require immediate payment in full of <br />all sums secured by this Security Instrument 4: <br />(a) All or part of the Property is sold or otherwise transferred by Borrower to a purchaser or other transferee: <br />(i) Who cannot reasonably be expected to occupy the property as a principal Residence within a <br />reasonable time after the sale or transfer, all as provided in Section 143(c) and (1)(2) of the Internal <br />Revenue Code; or <br />(ii) Who has had a present ownershp interest in a principal Residence during any part of the three -year <br />period ending on the date of the sale or transfer, all as Provided in Section 143(4) and (I)(2) of the <br />Internal Revenue Code (except that "100 percent" shall be substituted for "95 percent or more" where <br />the letter appears in Section 143(d)(1); or <br />(iii) At an acquisition cost which is greater than the maximum limits established by the Nebraska Investment <br />Finance Authority (the "Authority ") in connection with its Program, pursuant to which Program this <br />Security Instrument is financed; or <br />(N) Who has a gross family income in excess of the maximum limits established by the Authomy in <br />connection with its Program; or <br />(b) Borrower fails to occupy the property described in the Security Instrument without prior written consent of <br />Lender or its successors or assigns described at the beginning of this Tax- Exempt Financing Rider, or <br />(c) Borrower omits or misrepresents a fact that is material with respect to the provisions of Section 143 of the <br />Internal Revenue Code in an application for the loan secured by this Security Instrument. <br />References are to the Internal Revenue Code as amended and in effect on the date of issuance of bonds, the <br />proceeds of which will be used to finance the Security Instrument and are deemed to include the implementing <br />regulations. <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions In this Ten - Exempt Financing <br />Rider. <br />V any -6. A'% <br />aa^owa, MARY S. RICH <br />STATE OF NEBRASKA as <br />COUNTY OF LOICkSTER <br />The foregoing Instrument was acknowledged before me this 17th day of JanuarV 2003 <br />by MARY B. RICH . AS A SINGLE PERSON <br />Witness my hand and notarial seal at LINCOLN m said county, the date aforesaid. <br />My commission expires: <br />R, <br />GaSid <br />r 17 m,g <br />l <br />nou�y Peen <br />(1 O1 /15]Paa.] NIFA ] /BB <br />9 B]SLMO 1/00 ) page p of 3 <br />