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<br />. . <br /> <br />x <br /> <br />CONVENTIONAL MORTGAGE LOAN ADDENDUM ONLY <br /> <br />200509748 <br /> <br />THIS TAX-EXEMPT FINANCING RIDER is made this 30th day of SEPTEMBER. 2005 , and is incorporated <br />into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed ("Security <br />Instrument") of the same date given by the undersigned ("Borrower") to secure Borrower's Note ("Note") to <br /> <br />("Lender") of the same date and covering the property describes in the Security Instrument and located at: <br /> <br />916 NORTH PINE STREET. GRAND ISLAND NE 68801 <br />[Property Address] <br /> <br />In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant <br />and agree to amend Paragraph 17 of the Uniform Mortgage Form, entitled "Transfer of the Property as a Beneficial <br />Interest in Borrower" as by adding additional grounds for acceleration as follows: <br /> <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 <br />payment in full of all sums secured by this Security Instrument if: <br /> <br />(a) All or part of the Property is sold or otherwise transferred by Borrower to a purchaser or other transferee: <br /> <br />(i) Who cannot reasonably be expected to occupy the property as a principal residence within a reasonable <br />time after the sale or transfer, all as provided in Section 143(c) and (i)(2) of the Internal Revenue Code; or <br /> <br />(ii) Who has had a present ownership interest in a principal residence during any part of the three-year period <br />ending on the date of the sale or transfer, all as provided in Section 143(d) and (i)(2) of the Internal Revenue Code <br />(except that "100 percent" shall be substituted for "95 percent or more" where the latter appears in Section <br />143(d)(1 )); or <br /> <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 Security <br />Instrument is financed; or <br /> <br />(iv) Who has a gross family income in excess of the maximum limits established by the Authority in connection <br />with its Program; or <br /> <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 /> <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 /> <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 /> <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions in this Tax-Exempt Financing <br />Rider. <br /> <br /> <br />Borrower <br /> <br />011157208.4 <br /> <br />E.2 <br /> <br />NIFA 2/96 <br />