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201104029 FORM E-1 FHA J�ND HUD MORTGAGE ADDENDUM The foliowring addenda to the Mortgage shall be incorporated irrto, and recorded with, the Mortgage. The °Mortgage" shail be deemed to inciude "Deed of Trust," if applicable. be (� TWIS TAX-EXEMPT FINANCWG RIDER is made the date set forth below and is incorporated into and shall ;emed to amend and supplement the Mortgage, Deed of Trust or Security Deed (°Security Instrumen�') of the ; date given by the undersigned (°Borrowe�') to secure BoROwer's Note ("Note") to Home Federal Savings 8� Loan Assn of Grand Islarni. der") of the same date and c�vering the property described in the Security Instrument and located at the 3rtv and address described as follows: 52Q PLUM RD GRAND ISIAND, NE 68801-0000 In � dition to the covenants and agreemerrts made in the Security Instrument, Borrower and Lender further co nant and agree to amend Paragraph 9 of the Modei Mortgage Form, entitled "Grounds for Acxeleration of De �,° by adding additional grounds for acceleration as followrs: Lender, or such of its successors or assigns as may by separate instrument assume responsibility for ing complianc� by the Borrower with the provisions of this Tax Exempt Finanang Rider, may require �diate payment in full of all sums sscured by this Security Instrumerrt ifi (a) All or part of the Praperty is sald or othenwise transfemed by Borrow+er to a purdiaser or other transferee: (i) Who cannot reasonably be expected to oc+�py the property as a prinapal Residence within a reasonabte time after the sale or transfer, ali as provided in Sec�ion 143{c) and (i)(2) of the Irrternal Revenue Code; or (ii) Who has had a pressnt ovmership interest in a principal Residence during any part of the three-year period ending on the date of the sale or transfer, all as provided in Sectian 143(d) and (i)(2) of the Intemal Revenue Code (except that °100 percenY' shall be substituted far g95 percent or more° where the latter appears in Section 143(dx1)); or (iii) At an acx�uisition cost which is greater than � percent of the average area purchase pric� (greater tttan 110 percent for Residenc�s in targeted areas), all as provided in Sec�ion 143{e) and (�(2) of the Irrtemal Revenue Code; or (iv} Who has gross family income in excess of the appiicable percentage of applicable median family inc�tne as provided in Section 143(� and (i) (2) of the Irrtemal Revenue Code; or Fi (b) Borrower fails to occupy the property described in the Security Instrumerrt without prior written conserrt of Lender or its succ�ssors or assigns des�ibed at the beginning of this Tax-Exempt Finanang Rider, or (c) Borrower omits or misrepresents a fac� that is material with resped to the provisions of Section 143 of the Intemal Revenue Code in an application for the loan secured by this Sec��rity Instrument. References are to the Intemal Revenue Code as amended and in effect on the date of issuance of bonds, the proc�e�is of which vNili � used to finance the Securiiy Instrument and are deemed to include the implementing regulations. BY SIG IIdG BE W, Barrower accepts and agrees to the terms and provisions in this Tax-Exempt ng Rid l Bo r Date � �` -�� -// Borrower Date Nan-Purchasing Spouse Date 16 �A �s/F0� E (10/US)