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<br /> � EXF1��9T E ���U�� � •� �
<br /> M�°��AQa{� A����D�i'ii� _•.�::�;.Q. _
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<br /> � The tollowin are addenda to the Mort a e. Piease check the ������
<br />` g g g eppGcable addendum. The addendum checked shali be incorporated .:•�-.;•�_..
<br /> into.and recorded with,tAe Mortgage. The term'Mortgage°sha11 be deemed to indude"Deed of Trust,' ff applicabis. �������
<br /> � FHA, RECD and HUb ADDENDUM ONLY �`{''���
<br /> - TFffS TlUt�XBNPT FINRt�4GMKi RtOFfi ts made this 31� day ot�sl:em�lL'r . 199$ . and is incorporated � .�?�'�r'
<br /> into and shall be deem2d to emend nnd supptemersi the MaRgage,Deed oi Trust or Securiry Deed ('Securily Instrument')of the same date � `'�"
<br /> given by the understgned(•BortoweY)to secure Borrowers Note ('Note•)to The Overland Natdonal Bank of Grsnd Istand
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<br /> ('Lender')of the same date tu►d cwermg the property descnbed in the Securiry Instrument and located at 515 Ees! Filst Stre6t. �-.�•�--P�.±
<br />�� Grand tstand Nebe�aska 68801 �`r"=
<br /> . tProa•-mr a�.ess� _
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<br /> , In addition to the covenants and agreements made in the Security Insbument. Borrower and Lender fi:r+�-u eovenant and agree to amend _-__
<br /> Pardgraph 9 oi tne Model Mortgage Form, entiUed °firounds for fleceteratian of D:bY as by adding �:r:nal grounds for acceferatlon as
<br /> fo1lows: E;= `�T'
<br /> �• I.eader, c� s-�ch of its successcrs or assigns as may by separate instrument assume responsib�Trty for assuring compl'�ance by the �"'��'
<br /> $oaow� �-�� tha pror�-s of this Tax-6cempt Finandng Rider, may requfre imm��e paymart bi fu11 af all sums secured by this �.,-.,___.
<br /> • Sxa:ity L.-,.�st..:..ettt�t: �.'� -
<br />, (a) L'S,�n-�art oi the?:operty is sold or othervrise ha.�sferted by 8orrower to a�.r.chaser or other uansferee: =T=°.--
<br /> n �Yhe cannot reasonably be expeeted to oaupy the proper4y as a prindpal residence with� 3 reasonabte tlme after the sate or �r— "`
<br /> !`.' _.._..._..
<br /> . transter,all as provided in Secdan 143(c)and(Ij(2)of the Intemal Revenue Code; or � �___
<br /> (� Who has had a present owne�ship irtteresi 6n a ptindy.ial residence dudng any pari a`. :he'L'�teayear�ettod ending on the ` ' _
<br />' date of the saie or transfer,all as provided in Seddon 4kcp� and (�(�of the Intemal Revenue Code ;�;ept that "I`D;,percerrt' shail ba C_;'_�-`--'�--
<br /> ern.-i,;_�=-
<br /> subst�luted for'95 percent or more' where the tatter a��a� in SecGon 143(�(tj)or ""-____
<br /> (i� Ai en scqutsition eost whlch is �eater than 80 percent of the average area purchase .pri� {gceater ci�ar� 110 percent for r"�;. „
<br /> targeted area resfdences),all as provided in Sedlon 143(e)and(}(2)�'�e Intemal R�venue Cod� a: �e.}�-�.
<br /> , (N) Who has e gross family oicame in excess of the appfir.�n percentage of appfIcable:.�ian famiy income as pro+r.s9e:t in � ;,,.
<br /> •• Sedion 143($and n(2)of L'te Irttemal Revenue Cade;or ��`�11''' �
<br /> �) B6ROwer fa�9 t� occupy the property described in the Seeurity �nstrurn�e wYhout pfior written consent of Lender or its �����}�;: ,;
<br />� ; ! successors or assfgns d��(bed at the 6eginning of thls Tax-Exempt Flnancing Rider. ar ���.: :.
<br /> �':}r (c) Borrovrer omits or misrepresents a fact that is materia!with respect to the pravisions of S�clion 143 c:`:'^s Ir�temal Revenue .'�c.r';•��.�
<br /> '�n,��=�' Code fn en appitcation tor the loan secured by this Security(nstrument �"��'�
<br />:��'��i`�t, �..._
<br /> '' .� References are to the intemal Revenue Code as amended end in eHect on the date of issuance of bonds, ':�a proceeds c`�arht+ch � - �
<br /> �vfU be used to finance the Securfly(nstrument end are�zmed to indude the Implementtng reguladons.
<br /> �` BY SIQHIN(�BELOW.Borrower accepts and agrees to tna tertns and provtsions in this Tax-Exemyt Ftnandng Rider.
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<br /> • eortowe BCtOT . 33 2 ' r r
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<br /> � ❑ CONVENTIOiVAI MOATGAtiE LOAN ADDENDUUI ONLY
<br /> �� TH13 TAX-EJ(EMRT FINANCINt�t RIDER is made this day�: . end is Incarporeted ir.tt:. and
<br /> � � shaU bet deemed to emend and supptement the MoRgsge, Deed ot Trust or SecurUy Deed('Secudty Mstrument')of the same date g[ven by ._
<br /> { tha undersl�ed(°Botrower')to secure Bortower's Note('Note')to {`.�
<br /> . �t. ,�,.... :,.
<br /> .;�� j � ('Lendar')of tAa same date and covedng lhe properry descrfbed in the Securriy Instrumerrt end tocated et �,
<br />'+''-. �
<br />, �• [Prot�M Addre�s] --- -
<br /> fi: addiUon to the covenants and agreements made in the Security Instrument. Borrower and Lender turther covenant and egree to amend
<br /> .'. Paragraph 1i o1 the Unifortn MoRgaga Form, entiUed 'Transfer ot the PropeRy as a 8eneflclal Intertst in BoROwer' ns by adding addtionai
<br /> i:'� • grounds tor eca�ereUon as fnttows: ��
<br /> � �.�:,; _.
<br /> Lender, or such aT its successors or assigns as may be separate lnstrument assume responsibi;.y tar assuring compGanes k.y the
<br /> � Borrowe►�th the provisions o}this Tex-Exempt financing Rider. may requlre immodiate payment in full 01 a0 �t^�s secured by this —:-- ,
<br />. � Socurity Instrumont N: �"` _ ,�
<br /> 1�;�::
<br /> (a) N!ar part ot the Property is aold or othetwise Vansterted by Borrovrer to a�•r.chaser cr o•�her transferee; t��� '�
<br /> n Who cannot reasonab,y bv expected to occupy the propeRy as a pr'ncipal resiC:^aa withln a reasona6le Ume after the r ��
<br /> sale or transter,ail as provided in Section 143{c)and n(2)of the Intemal Heven¢e Code: or e=�°-�-
<br /> , (i) Who has hed a present ownership Interest in a prfncipal residence duting eny part of the three-year period ending on the ���
<br /> • date of the sale or transfer, all as provided In SeeUon 143(d) and (i)(2) ot the Intemal Revenue Code (except lhat '100 percent' N
<br /> shall be substituted for"95 percerrt or more'where the(atter appears Ur Sectlon 143(��1): or �.�" Y�
<br /> E��.,. �
<br /> (fi) A1 an acquisitian cost which is greater than tNe maximum fimitr �Lzb:�:had 6y the Nebrestc� Investment Pinance Authority .- . - ,
<br />: (the 'Authority°)in connecUon with its Progr;m,pursuant to whieh Program this Security Instrument is financed: or -
<br /> (iv) Who has a gross fami�y income in excess of the maximum limlts estabtished by the Authority in connecUon with its ,.� :
<br />� Proqram: nr ,
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<br /> . U7/t�I'[Utl.I NiFA 7/96 ' •
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