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FORM E-1 2oioo9�is FHA AND HUD MORTGAGE ADD�NDUM The following addenda to the Mortgage shall be incorporated into, and recorded with, the Mortgage. Th� term "Mortgage" shall be deemed ta include "Deed of Trust," if applicable. THIS TAX-�X�MPT FINANCING RIDER is made the date set farth below and is incorporated into and shall be deemed ta amend and supplement the Mortgage, Deed of Trust ar Security Deed ("Security Instrument") of the same date giv�n by the undersigned ("Borrawer") to secure Borrower's Note ("Note" to CharterWest National Bank ("Lender") of the same date and covering the property described in the Security Instrument and lacated at th� property and address described as follows: Address: 2915 W 17th St Grand Island, NE 68803 In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree to amend Paragraph 9 of the Model Mortgage Farm, entitl�d "Grounds for Acceleration of Debt," by adding additional grounds for accelsration as follows: Lender, or such of its successors or assigns as may by separate instrument assume responsibility for assuring campliance by the Borrower with the provisians of this Tax-�xempt Financing Rider, may require immediate payment in full of all sums secured by this Security Instrument if: (a) All or part of the Property is sold ar otherwise transferred by Borrower to a purchaser or other transferee: (i) Who cannot reasanably be expected to occupy the property as a principal Residence within a reasanable time after the sale or transfer, all as provided in $ection 143(c) and (i)(2) of the Internal Revenue Code; ar (ii) Who has had a present ownership interest in a principal Residence during any part af 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 Cade (except that "100 percent" shall be substituted far "95 percent or more" where the latter appears in Section 143(d)(1)); or (iii) At an acquisition cost which is greater than 90 percent of the average area purchase price (greater than 110 percent for Residences in targeted areas), all as provided in Section 143(e) and (i)(2) af the Internal Revenue Code; ar (iv) Who has gross family income in excess of the applicable percentage of applicable median family incame as provided in Section 143(f) and (i) (2) of the Internal Revenue Code; or (b) Borrower fails to occupy the property described in the Security Instrument without prior written consent of Lender ar its successors or assigns described at the beginning of this Tax-Exempt Financing Rider; or (c) Borrower omits or misrepresents a fact that is material with respect to the provisions of Section 143 of the Internal Revenue Cade in an application for the loan secur�d 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 ta finance the Security Instrument and are deemed to include the implementing regulations. BY SIGNING B�L�W, Borrower accepts and agrees to the terms and provisions in this Tax-Exempt Financing Rid�r. a (�/.�i�... � ��, December 27, 2010 Borrower Tyson L M,lam Date Borrower Non-Purchasing Spouse Date Date NIFA MRB/FORM E-1 (10/OS) 1993.CV (11/OS) 904783 GUTO(00144028)