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FORM E-1 FHA AND HUD MORTGAGE ADDENDUM � � r i � �� The followring addenda to the Mortgage shall be incorporat� into, and recorded writh, 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 incorparated infio and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (°Security InstrumenY') of the same date given by the undersigned (°Borrowe�') to secure Borra�nrer's Note (°Note°) to ("Lender") of the same date and covering the property described in the property and address described as follows: Address: 1719 N HUSTON AVE GRAND tSLAND, NE 68803-0OOQ Instrument and located at the 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 Form, entitled "Grounds for Accelsration of Debt,° by adding additionai grournis for acceleration as follows: Lender, or such of its suc�essors or assigns as may by separate instrument assume responsibility for assuring comptianc� by the BoROwer with the provisions of this Tax-Exempt Finanang Rider, may require immediate paymerrt in full of all sums secured by this Security Instrument if. (a) All or part of the Praperty 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 wiithin a reasanable time after the sale or transfer, all as provided in Sec�ion 143(c) and (i)(2) of the Irrtemal Revenue Code; or (ii) Who has Frad a present ownership 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 Section 143(d) and (i)(2) of the Intemal Revenue Code (except that "100 percenY' shall be substituted for °95 percent or more" where the latter appears in Section 143(d}(1)); or (iii) (iv) (b) (c) At an at�uisition cost which is greater than 90 percent of the average area purchase pric� (greater than 110 percent for Residenc�.s in targeted areas), all as provide�i in Sedion 143(e) and (){2) of the Irrtemal Revenue Code; or Who has gross family income in excess of the applicable percentage of applicable median family income as provided in Section 143(� and {i) (2) of the Intemal Revenue Code; or Borrower fails to axupy the properly descxibed in the Security Instrument writhout prior written conserrt of Lender or its sucxessors or assigns described at the beginning of this Tax-Exempt Finanang Rider, or Barrawer omits or misrepresents a fact 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 Security Instrument. References are to the Int�mal Revenue Code as amended and in effect on the date of issuance of bonds, the proceeds of which �rill � used to finance the Securiiy Instrument and are deemed to include the implementing regulations. BY SIGNING BELOW, Borrower accepts and agrees to #he terms and provisians in this Ta�c-Exempt Financing Rider. =. . - tt''.��i. ��1. : �►; ►,�♦ =••�� Non-Purchasing Spouse 16-23 � �i�- Date oa -�=��1 , Date NIFA MRB/FORM E-1 (10/OS) 4827-8093-9776.8