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<br /> ' 97� �U1.339
<br /> . . (ii) Wbto has had a pnsent dwn�rship interest 'vn a priacipal Residence ��
<br /> � during any past of tho tbree-year pe�iad cadirn�on tha dace of tbn�?le or tsznsfer,
<br /> �=��� all as provided in Section 143(d)and(�(2}of th�Inteiaal R,�►enue Code (ex�cept
<br /> .��„ that"1A0 perccat" shall be subsdtuud for"9S percent or more" wh�re thc latier
<br /> �� �,�„�„ appears ia Sectioa 143(d)(1)); or �
<br /> �
<br /> � (iu) At aa acquisition cost which is �Ceater thaa 90 perceat of the �
<br /> � average area pur�chase prlce (�eaur than 110 pes�cent for targeted area :;:-_
<br /> .
<br /> R,esideaces), all as pr�vided in S�4ion 1�3(e)aad(�(2) of the Internal Ravenue �,,�_
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<br /> ' �, Code; or �_:.:
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<br /> (iv) Who bas a gross famly incomo ia excess of the agplicable �--
<br /> ., ;i percentage of app]icable mediaa family incoruae as p�vid�in 3x�on la3(�a-�-� �:
<br /> " (i) (2)of the Internal Ro�►cnua Code; or �=-L
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<br />. '. (b) Boaower fails to occupy tho propertY describod in the 5ocurity Insor+iment �:;
<br /> , .� without prinr arsiuea Gonsent of LendCr or its success�ors or assi8ns dexn�od � �0 �.`�
<br /> begi,rming of this Tax-Ea�mpt Finaacing Rider, or _,
<br /> „ to the ��"
<br />, . .. (c) Borrower om�its or misrepresents a fact that is inaterial.with nespoct
<br /> .•;• r �rovisivns of Sectiaa 143 of the Int�rnal Ravenue Code in aa appucatioa for the loan
<br /> . ��.� �;j� cPr.nrity Tnsttument. ---
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<br />�'. „ . ,,. References are to the Internal Revenue Code as amend�d aud ia effect oa the dato
<br /> ��:J.,;:��',�t. . of issuance of bonds, the praceeds of which w�71 Isa used to finance tho Se�uaty
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<br /> _..,.�;�.;µ. � Instsvment and are damed to include the im�plementing reguLatl
<br /> –=$��t�`'�:— mvisions ia this
<br /> .',�:�'-�:"-_-�;;� BY SIGNII�IG BELOW, Borrower accepu and a�rxs w the t�ffis a�d p
<br />_ ;�� Tax-Exempt Financing Rider.
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<br /> ----- Borrower �1ICHAEL KENNETH NORO
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<br /> � Boixower TA I<A NORD
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