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<br /> ^Y; � (i) Who aannot reasoaably be expected to occupy
<br /> ;;,-'��"u:-'"� the property as a prinaipal residence within a
<br /> .;�� —�e:_��,_�.�,..�
<br /> • reasoaable time after the sale or tranefer, all as
<br /> � provided in Section 143(c) and ti)(Z) of the
<br /> �.; Internal RevQnue Code; or
<br /> (ii) Who has had a pr9sent ownership interest fn
<br /> a principal resideaae durinq any past of the
<br /> - three-year period endinq on the date of the sa1Q or
<br />��:,�;,.;�.�,. trans£er, all as provided ia Seation 1s3(d) and
<br /> ��-��- :y=,::.� (i)(2) of the Internal Revenue Code (excep� that
<br /> —= - "100 peraenti" shall be substituted for "95 percent
<br /> - .�� �' '''�r or more" where the latter appears in Seation
<br /> ���"'�'` 143td)(i)); or
<br /> ��na�,...:�,.��
<br /> �;��i� (iii) A� aa aaguisition cost which is qreater than
<br /> __. -� t- ? ���- � 90 peraent o£ the average area purchase priae _
<br /> — ��"''°�'� (qreater than 110 ercent for tarqeted area
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<br /> ��;,�.�,�,,.:�!# residences), all as provided in Section 1�3(e) aad
<br /> °-�.� .. __, �h (i)(2) of the Internal Reveaue Code; or
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<br /> _ ,, ,;, °;�. (iv) Who has a gross faaiily income in exaess of
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<br /> - ���,.� .�" the applicable percentaqe of applicable median
<br /> � ��•�` °:' 6�`. , famil income as provided ia Sectioa 143(f) and
<br /> _:.� �_A� � �. . . ` (i)(2� o£ the Internal Reveaue Code; or
<br /> -�`� -„���� '• ..��'.� (b) Horrower £ails to oacupy the property
<br /> .���r.��:...-.�.�..:�' described in the 8ecurity Instrument without prior
<br /> _ ��'�`'�'� = written consent of Lender or its successors or assigns
<br /> '��� -' y: ''; , , desC r�b@d 8t th6 b6q 3uri 3Aq Of thi s T8X-E7cHmpt F iABAC 1Aq
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<br />��„k, � Rider, or
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<br />___ ,'�� � (c) Horrower omits or misrepresents a fact that is
<br /> � ��� .�'�� - material with respect to the provisions o£ Section 143
<br />— - - of the Internal Revenue Code in an application for the
<br /> � �'�� loaa secured by this Security Instrwnent,
<br /> �A-vv .'v+f.'
<br /> � � �� = ��-� Refereaces are to the Interaal Reveaue Code as
<br /> ti � - amended and in effect on the date of issuance of bonds,
<br />:�•�• < :.:��'-�= .:: the proceeds of which will be used to f inance the
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<br />�" -� � '�' "' � Security Instrument and are deemed to include the -
<br />- �''"'' �'�'�:`�� � implemeating regulatioas. _
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