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200510237
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200510237
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Last modified
10/14/2005 4:00:50 PM
Creation date
10/14/2005 4:00:49 PM
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DEEDS
Inst Number
200510237
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<br />~ <,- <br /> <br />...., <br /> <br />200510237 <br /> <br />for "95percent or more" where the latter appears in Section <br />143(d)(1); or <br /> <br />(iii) At an acquisition cost which is greater than 90 percent of the <br />average area purchase price (greater than 110 percent for targeted <br />area Residences), all as provided in Section 143(e) and (1)(2) of the <br />Internal Revenue Code; or <br /> <br />(iv) Who has a gross family income in excess ofthe applicable <br />percentage of applicable median family income as provided in <br />Section 143(1) and (1)(2) of the Internal Revenue Code; or <br /> <br />(b) Borrower fails to occupy the property described in the Security Instrument <br />without prior written consent of Lender or its successors or assigns <br />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 <br />Provisions of Section 143 of the Internal Revenue Code in an application <br />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 <br />issuance of bonds, the proceeds of which will be used to finance the Security Instrument <br />and are deemed to include the implementing regulations. <br /> <br />BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions <br />in this Tax-Exempt Financing Rider. <br /> <br />~?~~ <br />- CAMERON LClSO <br />
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