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FORM E~3 2007 J.01.{,'1 t CONVENTIONAL AND USDA RURAL DEVELOPMENT MORTGAGE ADDENDUM The following addenda to the Mortgage shall be il~r.::orporated into, and recorded with, the Mortgege. The term "Mortgage" shall be deemed to include "Deed of Trust," if applicable. THIS TA>(..EXI;MPT FINANCING RIDER is made the date set forth below and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed ("Security Instrumenf') of the same date given by the undersigned ("8orrower") to secure Borrower'S Note ("Note") to Wells Fargo Bank. NA. ("Lender") of the same date and covering the property described in the Security Instrument and located at the property and address described as follows: Address: 1101 Harrison Street/Wood River, NE 68883 Legal Description: Lots Ten (10) and Eleven (11), Block Twelve (12), arett and Johnson's Addition to the ViUaQlJ of Wood River, H~II Countv. Nebraska. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree to amend Paragraph 18 of the Uniform Mortgage Form, entitled "Transfer of the Property as a Benet1ciallnterest in Borrower," by addin$] additional grounds for acceleration as follows: Lender, or such of it~ successors or assigns as may by separate instrument assume responsibility for assuring compliance by the 8orrower with the provisions of this TaX-Exempt Financing Rider, may require immediate payment in full of all sums secured by this S~curity Instrument if: (a) Allor part of the Property is sold or otherwise transferred by Borrower to a purchaser or other transferee: (i) Who cannot reasonably be expected to occupy the property as a principal residerlce within a reasonable tirne after the sale or transfer, all as provided in Section 143(c) and (i)(2) of the Internal Revenue Code; or (ii) Who has had a present ownership interest In a principal residence during any part of the three-year period ending on the date of the sale or transfer, all as provided in Section 143(d) and (i)(2) of the Internal Revenue Code (except that "100 percenf' Shall be substituted for "95 percent or more" where the lettef appears in Section 143(d)(1); or (Hi) At an acquisition cost which is greater than 90 percent of the average area pumhase price (greater than 110 percent fOr Residences in targeted areas), a.1I as provided in Section 143(e) and (i}(2) of the Internal Revenue Code; or (iv) Who has gross family income in excess of the applicable percentage of ~pplicable median family income as provided in Section 143(f) and (i)(2) of the Interl1~1 Revenue Code; or (b) 6orrower fails to occupy the property described in the Security Instrument without prior written consent of Lender 01' its successors or assigns described at the begInning of thIs Tax-Exempt Financing Rider, or (e) Borrower omits or misrepresents a fact that is material with respect to the provisions of Section 143 of the Internal Revenue Code in an application for the loan secured by this Security Instrument. References are to the Internal Revenue Code as amended and in effect on the date of issuance of bonds, the proceeds of which will be used to finance the Security Ihstrument and are deemed to include the implementing r~gulations. BY SIGNING BELOW, Borrower accepts ;;lnd agrees to the terms and provisions in this Tax-Exempt Financing Rlder. ( .ku-,u~_.,- Borrower CRASE VALASEK ;/- 30-- c) 7 Date Borrower \ \ \ ' ) ,,(\ \/\ \"\r- /\ : :r\ \' r.... '" (\\, s:"v.,~,-~,-,\ :\_.\ ,,\ ;\ }..:: \ \;,;J,-L . '----' . _.~ '.":.::'u Non~PurGhasing spouse SBAb"b:ON VALASEK 4827-8093-9776.8 Date //- 3(;) - iJ 7 16-25 Date- , NIFA MM!.Forxn E-3 (10/06)