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. FORAAE-1 �Q110�639 FHA AND HUD MORTGAGE ADDEIVDUM The followring addenda to the Mortgage shaN be incorporated irrto, and recorded with, the Mortgage. The term "Mortgage° shail be deemed to indude "Deed of Trust,° if appticable. THIS TAX-EXEMPT FINP+NCING RIDER is made the date set forth below and is incorporated into and shap be deemed to amend and suppiement the Mortgage, Deed of Trust or Security Deed ("Sec�rity InshumenY') of the same date given by the undersigned (°Borrower°) to secure Barrower's Note ("Note") to Home Federal Savinqs and Loan Assn of Grand Island ("l.ender°) of the same date and cx►vering the property described in the Security Instrument and located at the property and address descrihed as fallows: Address: 1911 fd HOWARD ST GRA�JD ISLAND, NE 68803-0� In addition to the c�venants and agreements made in the Securily Instrument, Borrower and L�nderfurther covenant and agree to amend Paragraph 9 of the Model Mortgage Form, entitled �Grounds for Ac�eler�tion of Debt,° by adding additional graunds for acceleration as follows: Lender, or such of its sucoessors or assigns as may by separate instrument assume responsibility for assuring compliance by the Borraniver with the provisions of this Tax-Exempt Financing Rider, may require immediate paymeM in full of all sums sscured by this Security instrumer�t if: (a) Alf or part of the Property is sold or otherwise tran�ferred by Borrawer to � pu�aser or other tr'ansferee: (i) Who cannot reasonably be expected to ocxupy the property as a prinapal Residencs within a reasonable time after the sale or firansFer, ail as provided in Sedian 143(c) and (i)(2) of the Irrtemal Revenue Code; ar {ii) Who has imd a preserrt ownership inte� in a principal Residenc� during any part of the three-year period ending on the date of the sale or transfer, ap as provided in Section 143(d) and (i}(2) of the Intemal Revenus Code (except that "100 percen�' �all � substituted for "95 pet�ent or more" where the latter appears in Sectian 143(d)(1�); or (iii) (ivj (b) (c) At an acx�uisition cost whidi is greater than � percent of the average area purc:hase price (greater than 110 perc�rrt for Residences in targeted areas), all as provided in Sec�iion 143{e) and ('(2) of the Iritemal Revenue Cale; or Who has gross family income in excess of the applicable per�centage of applicable median family income as provided in Section 143(fl and (i) (2) of the Irrtemal Revenue Code; or Borrower fails to ocxupy the property described in the Sec�rity Instrument writhaut priar wmtten aansent o�f Lender or its successars or assigns dessxibed at the beginning of this Tax-Exempt Financing Ridar; or Borrower omits or misrepresents a fact that is material writh respect to the provisions of Section 143 of the Intemat Revenue Code in an appiication for #he loan secured by this Securily Instrument. Referenc�s are to the Intemal Revenue Code as amended and in effect on the date of issuance of bonds, the proc�eds of which will be used to finance the Security Instrument and are deemed to inGude the implementing regulatials. BY SIGIdING BELOW, Barower accepts and agrees to the tet�ms and provisions in this Tax Exempt Financing Rider. Borrowe � BORO Nan-Purchasing Spouse 16-23 � ( Date 5//�3/// D�te Date NIFA MRB/FORM E-1 (10l�) 4827-8093-9776.8