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<br /> MORTGAGE A�DE6a1DllM � . . • ���"��-
<br /> , . . . ,'��
<br /> 'fhe foUowing are addenda to the MoRgage. Ptease chedc the applicable addendum. The addendum chedced shatl be incorporated • ` . �,:.4's;t 1�V--°
<br /> ,- into,and recorded with,the Mortgage. The term 'MoRgage' shali be deemed to irtdude 'Oeed of Trust.'if apPltcebte. . . _ �;::3--
<br /> � Flip,RECA and HUD ADDENDUM ONLY „��
<br /> , 1997 , and is inccrporated :;: �
<br /> THIS TAX-EXEMPT FI�LaNCING RtD�l�rt�de ths 29�h day r�JanuarV �;�;;: ., :;, a
<br /> Deed 'Secvr'sty fnstrumenf') of the same date � ._ -- . � ."
<br /> � irttc and shdl be d�eemed to amer.d a-a supptern`n:the Ma:tgage. D�zd of Trust or Security ( . .r
<br /> : m
<br />=;.;>;- giver� bs i,e undersigned('Borrovref)ta secute Horrower's Note ('Nate'�to Ths Overland Nattonal BanC�ag Gransl Island _
<br /> •`:�. �.
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<br /> � ` ('LendeY)of the same date and covering Ue property desaibed in the Security Instrument and located at 823 W 14th St�88t. _ _ ,,�z,., ..
<br /> -" Geand Istanal NE 68801 � �pem, ��5� : -• . rr� �.�
<br /> �:.
<br /> (n add�lon to the covenants end agreemerts made fn the Securiry Instrumen� BoRawer end Lender turther covencint and agreo to amend ",, �" ,'�� :
<br /> ' Paragraph 8 of the Model Mortgags Fortn. entiUed'C;rounds tor AcneleraUon ot Debt" as by adding addiUonel qrounds for acceteraUon as , .,��,`,,,;�•r.�i .
<br /> . foilows: : ' "° �.s'.�:�^ •�
<br /> Lender. or such of its successors or assigns es may by separate InsUument assnme responsibitdy for assudng compllan� by the � ;
<br /> Botrower wtth the provisions of Yn(s Tax-Exempt Flnandng Rider, may require immedlats payment in fuU of all sums cecured by this ';'� �,�.;��..,-,:- .:�
<br /> �_�:- - �.-
<br /> � Securily InsVument H: � � -•'�'�'�--�'=�-
<br /> (a) All or part ot the Prop°.rty is sold or othervuise transterted by Borrower to a purchaser or other Uansterae: ��^r�}:.:;;�„�g_
<br /> O Who cannot reasonabty be e�ected to accupy the property as a p�inclpa�residence within a reasonable tfine after tha sele or ''- ;. �. .•�-•
<br /> ' . transfer.ail as pmvided in Sectlon 143(c)and n(2)of fhe Intemal Ravenue Code:or •`��•`"'`"�� _,----r
<br /> n Who has had a present ew►sership interest in a pdncipal restdence dudng any part of the three�year period ending on the �•_,�.�.��_:�;,.
<br /> � date of tho sale or Qansfer, all es provided in Section 143(�end(�(2) of the Intemal Revenue Code(except that'100 percent' sha0 be _ __ f�'r•��•
<br /> " :�.:--
<br /> subst�uted tor'85 percent or more'where the latter appears tn 3ectton 143(djjl))or - ;��;
<br /> � (�q At an acquisiUon cost which is greater than 90 percent of tBe averags area purchase price (greater than 110 percent for r .—
<br /> t a r geted area residences),all as provided in SecNon 143(e)end(q(2)of the Intemel Revenue Code; or '�,.�. .�
<br /> (iv) VYho has a gross tamity incortse in excess o f t he app G c a b le p e r c e M a g e o f a p p l i c a b l e m e d i a n f a m i i y i n c o m e a s p rov(ded in _ ;, _ _
<br /> Secdon 143(Q and [:E2?01 the Irtema!Revenue Code;or � `
<br /> . � (b) BorraHer fals to oax:�y the PraPzrtY desedbed (n the 3ecurity Instrument without pdor wr's�2*t consent of Lende► or fts
<br /> Rider or '�'`•;_��'�•, �-
<br /> ''' successors or assigns descn'h��t�•e beg:r.ning of this Tax-Exempt Finandng .
<br /> ,`•���..�. (c) Bortawer omits or misrep'�°-n's a tact that is materisl wfth resped to the provis:ans �Seara'n 143 oi the intemal Revenue :�F�';Sy�..;;;�3��,}�`,;�:�`
<br /> ,� '� '� '�1
<br /> Code in an applieatlon tor the loan secured by this Secufty Instrument ^�+ r �%�+ j�,_":
<br /> ,'•(': '�,f
<br /> References are to the Intemal Revenue Code as amended and in eNect on the date of issuance o}6onds,the proceeds ot which �����.�k•:
<br />- •. .�.,,i;::._
<br /> will be used to finance the SQa�-;.�r Insburrient and are deemed to include ffie tmplemenUng regulatlons. • � �.,:,,,.�-
<br /> �1:;". ;•:.r:`'�;,,�`
<br /> BY SIGNINO BELOW,Borrowa accepts and agrees to the t�rt►a and provisions in this Tax-6cempt Flnancing Ridec �!it:;•;--
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<br />' - Bovower J� ,T09I�9 '�'�2'��'•�.`-
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<br />.:� •. BOROWE/ � �^��t�t..�_
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<br /> ❑ CONVENTIONAL MORTQAtiE LOAN ADDENDUM ONLV ���'��~'`'�" ��•�-
<br /> p�ro �-s�er..��r::.
<br /> TFt13 TAX-E�M?'f FINANCINQ RIOER Is rn��3 this day o1 . and Is incorpomted into and -_ ______
<br /> _E . . �'":
<br /> sha11 be deemed to amend end supptemant the'Mo�tgage, Qeed oi Trust ar Securi:y Deed('Securiiy tns�vment') ot the same date given by ` �.,�.,
<br /> ". the undersigned('Bonower°)4o secure 8ortorrc�'s No te('No te')t o 1''�'� .
<br /> ��\'�" �:5:�.�...
<br /> ��KT �I'�.1: . �� l:� .. .
<br /> � , ('Lender')of the same date end cover�yg t?:a„�,��erty descri6ed In the Securfty Instrument and loca:ed zt Ty. • � �
<br /> .�� '�:�A,.�-w�:
<br /> ' �vroverty aaarass� �.�°"�
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<br /> � In addttlon to the covenants an0��azments r.:ade in the Security Instrument. Borrovrer an9 Lender turther covenant and agree to amend ,,,f.�r�n,;�_,�;����"
<br /> i..k.... I.�.4 s..�.�,
<br /> � � panagraph 17 0}the Unitortn Morty�3 Forr.i. e^�Ued 'Transter of the Property as a 8enefic)al lrrterest In 8ortower' as by adding additional • ��_ ,�E.a
<br /> grounds for acceleration as toUows: •,��am•°=�_
<br /> �..,,.,., .
<br /> � Lender, or such of its successors or assi�s as may be separate instrvment assume responsibil'ity for assudng compliance by lhe ...�,��•- �
<br /> E3orrower v�fth the provfsions o; t"s Tax-Exempt Flnancing Rider, may require Immediate payment in fuli of ell sums secured by this _���z�`.�•''—=..
<br /> . . Security instrument il: ` �'-"'�'�`��"'��".
<br /> ' � (o) NI or part o1 the Property is sotd or otherwise transterted by 8onower to e purchaser or other transteree: � �?�'�� �=---
<br /> • L�.'•
<br /> (� Who cannot reasonabty be expected to occupy the property as a pdnclpal restdence wfthin e reasonable Ume after the _��
<br /> � ' sale or transter,all as provtded in Saction 143(c)and m(2)of the Intemal Revenue Code: or • . �
<br /> .ua�;co-�-
<br /> � {ii) Who has had a present ownership interest (n e pdncipal residence dudng any part of the threayear pedod ending on the �.`�f�,;� .�_�-
<br /> date of the sale or trac�ier, all as provided in Sectlon 143(d) and n(2) ot the Intemal Revenue Code (except that '100 percenY ,
<br /> shall be sebstituted`cr'85 percent or more' where the tatter appears in Section 143(t�(1): or ' ' "
<br /> (i� At a.n acGui�:rt�^ cost which is greatet than the maximum +r�*.s established by the Nebroske Investment Flnance Authoriry �:�'�'. � •
<br /> �, (the 'Authority')in csn'.s'°`on with its Progmm,pursuant to which Program this Security�ostrur.er.t is financed: or •- �. . �r,•----
<br /> �,.
<br /> (N) Who has a �oss famiiy ir.come in excess of the maximum Ilmits es���s`ed ty c-� Authority in connection with ils •• •—
<br /> -� Program: or �
<br /> _ . S�2nG] iv r t vI 2 NIPA YN6 t. __.—_ . _._
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