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200203402
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Last modified
10/14/2011 7:22:15 PM
Creation date
10/22/2005 5:36:27 PM
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DEEDS
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200203402
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EXHIBIT E <br />MORTGAGE ADDENDUM 200203462 <br />The following are addenda to the M01-11i,11-1c. Please check the applicable addendum. The addendum checked shall be <br />incorporated into, and recorded wnh. the Mortg,age. The tern "hlortnaQe" shall be deemed to include "Deed of- Trust," if <br />applicable. <br />I HA,USDA RURAL DF,VELOPVIEN F and HUD ADDENDUM ONLY <br />11 HS "LAX - EXEMPT FINANCING RIDER is made [his 26th day of March <br />2002 , and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security <br />Deed ( "Security Instrument ") of the same date given by the undersigned ("Borrower") to secure Borrow et s Note ( "Note ") to <br />United Nebraska Bank <br />{ Lender ") of the same date and covering the property des, IIbed in the Security Tns[rument and located at: 519 E 14th Gran! <br />Island, NE 68801 <br />Q'ropc rP; adercasi <br />In addition to die covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agreo to <br />amend Paragraph 9 of the Model Mort =age Form, entitled "Grounds for Acceleration of Debt" as by adding additional grounds <br />for acceleration as follows: <br />Lender, or such of its successors or assigns as may by separate instrument assmue responsibility for assuring compliance by <br />the Borrower with the provisions of this Tax-Exempt Financing Rider, may require in mediate payment in full of all sums <br />secured by this Security Instrument if <br />(a) All or part of the Property is sold or otherwise transferred by Borrower to it purchaser or other transferee: <br />Ill Who cannot reasonably be expected to occupy the property as a principal residence within a reasonable time after <br />the sale or u-ansfer, all as provided in Section 143 (c) and (1)(2) of the Internal Revenue Code; or <br />In) Who has had a present ownership interest in a principal wsidencc during any part of the three -year period ending <br />on the date of the sale or transfer, all as pr ocided in Section 143(d) and (i)(2) of the Internal Revenue Code (except that " 100 <br />percent" shall be substituted for "95 percent or more" where the tatter appears in Section 143(4)(1)) or <br />(iii) At an acquisition cost which is greater than 90 percent of the aveiage area purchase price (greater than IIO <br />percent for targeted area residences), all as provided in Section 14s(e) and (i)(2) of the Internal Revenue Code, or <br />(iv) Who has a gross family income in excess of the applicable percentage of applicable nrechan family income as <br />provided in Section 143(f) and (i)(2) of the Internal Revenue Code; or <br />(b) Borrower fails to occupy the property described in the Security Instrument without prior written consent of Lender <br />or its successors or rssi+gns described at the beginning of this Tax - Exempt Financing Rider, or <br />(c) Borrower colts or misrepresents a fact thai is material with respect to the provisions of Section 143 of the Internal <br />Revenue Code in an application for the Joan 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 proceeds of <br />which will be used to finance the Security Instrument and are deemed to include the implementing tcgulations. <br />BY SIGNING BELOW, Borrower accepts and aerees to the terms and provisions in this J ax- Exempt Financing Rider, <br />r /It i/L,i%. �i(�y,,^,,C�SI 1L) �``r 1% J/tE}n�• �c,r ''s (SEAL) <br />ruyr�Johnny Mulrnr� �� e° "` ` Bethany 13iisle� <br />i <br />L VA MORTGAGfi; ADDENDUM <br />If, so Iona as the Mortgage is outstanding, all or any part of the property is sold or transferred by Borrower without Lender's <br />prior wa-itten consent, other than a transfer by devise, descent or by operation of late, the Lender may, at Lender's option, declare <br />all the sums secured by the Mortgage to be immediately due and payable. <br />EAL) <br />linn,nner <br />)mc <br />L (ONVFNTION.AL MORTGAGE LOAN ADDENDUM ONLY <br />THIS 1 AX -EXEM T FINAN'CINC3 RIDER is made this day of and is <br />incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security DMI ( "Security <br />Insnument ") of the saoC date given by the undersigned ( "Borrower ") to secure Borrower's Note ("Note"') to <br />( "Lender ") of the same date and covering the property descibed in the Security Instrument and located at: <br />P!operty AJdre;sI <br />nu i s96 <br />199 erns e.,Qe i u <br />
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