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,~ 2oiooi84~ FORM E-3 CONVENTIONAL AND USDA RURAL DEVELOPMENT MORTGAGE ADDENDUM The following addenda to the Mortgage shall be incorporated into, and recorded with, the Mortgage. The term "Mortgage" shall be deemed to include "Deed of Trust," if applicable. THIS TAX-EXEMPT 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 Instrument'} of the same date given by the undersigned ("Borrower°) to secure Borrower's Note ("Note") to First National Bank of Omaha ("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:- 822 N Adams Street Grand Island NE 88801 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 Beneficial Interest in Borrower," by adding additional grounds for acceleration as follows; Lender, or such of its successors or assigns as may by separate instrument assume responsibility for assuring compliance by the Borrower with the provisions of this Tax-Exempt Financing Rider, may require immediate payment in full of all sums secured by this Security Instrument if: J-', ,9 ~. G' , ~,, ~/ Borrower Borrower Non-Purchasing Spouse pate Date Date 16-25 N1FA MRB/Form ~-3 (1 Q/08) (a) All ar 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 residence within a reasonable time after the sale qr transfer, all as provided in Section 143(c) and (i)(2) of the Internal Revenue Gode; or (ii) Whe has had a present ownership interest in a principal residence during any part of the three-year period ending an the date of the sale or transfer, all as provided in Section 143(d) and (i)(2) of the Intemal Revenue Code (except that "100 percent" shall be substituted for "95 percent or more" where the latter appears in Section 143(d)(1); ar (iii) At an acquisition cost which is greater than 90 percent of the average area purchase price (greater than 11 Q percent for Residences in targeted areas), all as provided in Section 143(e) and (i)(2) of the Internal Revenue Code; ar (iv) Who has gross family income in excess of the applicable percentage of applicable median family income as provided in Section 143(f) and (i)(2) of the Internal Revenue Gode; or (b) Borrower fails to occupy the property described in the Security Instrument without prior written consent of Lender or its successors or assigns described at the beginning of this Tax-Exempt Financing Rider, or (c) Bprrawer omits or misrepresents a fact that is material with respect to the provisions of Section 143 of the Intemal 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 Instrument and are deemed to include the implementing regulations. BY SIGN"tt~lG BELOW, Borrower accepts and agrees to the terms and provisions in this Tax_Exempt Financing Rider x}827-8093-9776.8