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200206366
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200206366
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Last modified
10/15/2011 12:10:34 AM
Creation date
10/22/2005 8:50:53 PM
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DEEDS
Inst Number
200206366
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200206366 <br />References are to the Internal Revenue Code as amended and in effect on the dale of issuance of <br />bonds, the proceeds of which will be used to Finance the Security Instrument and are deemed to <br />include the implementing regulations. <br />BY SIGNING BELOW, Borrower accepts and agrees to the toms and provisions in this Tax - Exempt Financing <br />Rider 1 <br />BmrowL- -DOUG S RUJZ <br />Borrower <br />❑ VA MORTGAGE ADDENDUM ONLY <br />If, so long as lire Mortgage is outstanding, all or part of the property is sold or tmnsterred by Borrower <br />wilhmrl Lender's prior written consent, other than it Inrnsfea by devise. descent or by operation of law, the Lender <br />naV, at Lender's option. declare all the sums secured by the Mortgage to be immediately due and payable <br />- <br />oorrower <br />Date Borrower <br />❑ CONVENTIONAL MORTGAGE LOAN ADDENDUM ONLY <br />'I I IIS TAX - EXEMPT FINANCING RIDER is made this day of . 20 and is incorporated <br />into mid stall be deemed In amend and supplement the Mortgage. Deed of Trust or Sucurily Deed ('Securltn' <br />Insinunenf') of the some date given by the undersigned ('Borrower`) to secure Bmm,cr's Note ('Note') to <br />(- Lender') of the sumo date and covering die property described in the Security Instrument and located at <br />In addition to the Lovenams and agreements made in the Security Instrument, Borrower and Lender further covenant <br />and agree to amend Paragraph 17 of the Uniform Mortgage For m, entitled "Transfer of the Property as a Beneficial <br />lulen,sl in Borrower' as by adding additional grounds for acccicralion as follows. <br />Lender . or such of its successors or assigns as Tom be scp,) rale instrument assume responsibility for <br />assunng compliance by the Borrower with the provisions of Ibis Tax- Evennpt Financing Rider, may require <br />i ran exliatc payment in fill of all sums secured by Otis Securi ty ITISIo1lnenl iI .. <br />(a) All or part of the Property is sold or otherwise transferral by Borrower to a <br />purchaser or other transferee: <br />(1) Who cannot reasonably be expected to occupy the property as a principal <br />Residence within a reasonable time miler the sale or transfer, all as provided in <br />Section 143(c) and (1)(2) of the Inlemal Rcvcnue Code; or <br />
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