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<br />:, -,r-. � -: �� f The following are addeada to the Mortgage. Please check the applicable addendnm. , --
<br /> The addendum checked shall be incorporated into,and recorded with,the Mortgage. The r.�: t i; -
<br />=��•�; '�� term"Mortgage"sbalt be deemed to include"Deed af Trust,'if applicable. _- __
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<br /> �:��� - . '°. '`'` _x_. FHA,RECD aad HUD ADDENDUM ONLY .'�:;., �''
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<br /> . �. °-� . ';":t THIS TAX EXEMP'P FINANCING RIDER is made this x a t n day of F e b r u a r y , :'� �<,�. _
<br /> °t` ` � ` i g ys and is inco r porated into and shall be deemed to ameud and supplement the __
<br /> �`.-=:-� �;� --��,:s Mortgage,Deed of TrusE or Security Deed("Security�ru ment"1 o f t he s a m e d a t e g i v e n _ . = _
<br /> � � by�e undersigned('Borrower")ta secure Borrower's Note("Note')to •.,,.�,_,
<br /> : _ ' S Colambns Federal Saving,s Bank . , r��'„� __
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<br /> �-- . � . : ("Irende�')of the saiae date and covering tbe property descnbed in the Security Instrument ,"_-;���""
<br />_ � • � . � and located a�t: . .'�f --_
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<br /> • ' 2120 NORTH HONA(10 AVENUE . GRAflO ISLANU.NE fi8803 � •:`��____
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<br /> . , • � � [Property Address] . , . `�
<br /> ` ' � - In addition to ttne wvenants and agreements made in the Security Insmiment, Sorrower � ,,II:_;:
<br /> � �� � aad Lender further covenant and agree to amend Paragraph 9 of the Model Mortgage . :: ,��-
<br /> ,� � . � Form, entitled "Grounds for Acceleration of Debt" as by adding additional graunds for :.,.{ < .�,
<br /> . �. � acceleration as fallows: � � . =--
<br /> �'�'• � � Lender,or such of its successors or assigns as may by separate instrument assume •. �y�'�n:_ ,�-
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<br /> ;i`� �� re s ponsibili ty for assuring compliaace bY, the Borrower vinth the provisions of this __ __
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<br /> . � Tax-Exempt Financing Rider, may_reqwre unmediate payment in f u l l a f a U sums -
<br /> .:, � ' secured by ttus Security Insuuffient�f: . {°_
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<br /> � • � (a)All or part of the Property is sold or otherwise transferred by Bonower to -J
<br /> � • ���.::Nj . ; a purchaser of other transferee: .. . � ��"
<br /> ' �'�r" � � 1 Who cannot reasonably be expected to occupy the property as a . . . . �•�
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<br /> � � . princ�pal Residence within a reasonable nme after the sale or transfer, all as u,.:;'
<br /> . , � provided in Section 143(c)and(i)(2)of the Internal Revenue Code;or .
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<br /> • � . ' �ii) Who has had a present ownership interest in a principal I�esidence • �: � �
<br /> ` � � � dur�ng any part of the three-year period ending on the date of the sale or
<br /> ' . � ' . . transfer, . .
<br /> ,' . . NIFA 2/96 . ° ' �.
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