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<br /> • EXHI�IT E � � �
<br /> - MOF�TCaAG� IADDEPIDUM ��.� 1()�.�:��
<br /> The followin� ero eddende to the Mortgefle. PleAee check the e�pplicable addendum. Tho addondum checked ehAll bo incorporntod j
<br /> Into, and reeordad with, lho Mortgago. The term"Mortc�epe" ehail ho doem�d to Include 'Deod of Trust,' If appllcnhla.
<br /> � FFIA. RECD and HUD AODENDUM ONLY
<br /> THIS TAX•EXEMPT FINANCINQ RIDER la mado thls 2Bth day ol Fei�i'u�1rV . 1997 nnd �s �ncorporatod
<br /> ; -.—
<br /> �� Into end shall ba deemed to amend snd supplemenl ihe Mortgage, Oeed o1 Trust or Securfty Deed ('Security Inetrument") ol the sema datv
<br /> _,..-v�� gNen by tha underalgned ('Borrov�ei') to secure Bort�wcrs Note('Note•) to The Overlend Metlonal Bank af Qrend Isl�nd
<br /> ..,. .�w; _
<br /> ('Lender") 01 the oame date end coverfng the properly descdbed In the Sacurity Inatruroent and tocnted et:b11 Nol'th Whaele� _
<br /> S roet Orand Island Nebraska 88801 ��P��ptl ros3) •, -
<br /> In addiUon to the covanants and agreements made in Ihe Secudty InsWment. Bortower end Ler,der further covenanl and agree to amend , �k�;-_:--_
<br /> • � Pe►ac�raph 8 of the Model Mortg:ge Form, entlUed'Craunds for Acceleratlon of DebY as by addinfl additlonal grounds tor ncceleiatlon as t�?°`.t`�'
<br /> a IOIIOWB: �
<br /> � Lendar, or such o1 fts successors or asslgna as may by sepurate Instrument essume rosponslbility tor essudng compliance by the '_.:,,_=
<br /> r Borrower wlth the provlsions of thls Tex•Exempt FNancing Rider, may requiro Immediate payment In tull ot ail sums aecured by thls
<br /> ��-
<br /> � Securlry InsWment ff: ���
<br /> � (n) NI or part of ihe Property Is sold or othervAse transferted by B�rtower to a purchaser or other transleree:
<br /> � (I) Who cannot reasanaby 6e expected to occupy the property as a principal restdence withln a reasonable Ume a(ter tha sate or �.,�
<br /> transter,all as provided In Section 149 (c)end(q(2)of the Internal Aevenue Code: or ���'
<br /> (q Who has had a present ownership Interest In a pdncipel resldence dudng any part ot the three�year pedod ending on the �;�:__�
<br /> � � date of the sale or tranater. all as provlded In 8ecibn 143(d) and (q(2) of the Intemal Revenue Code(except that'7 00 percent" shnll be [;_;.`-:
<br /> �� = --
<br /> substituted for"85 percent or more'where the latter eppears In Section 743(d)(1)) or
<br /> tergotediareatresldences)tlall us provlded In Sectioe 149(e)eand(I)(2)tof the Intemal9R vonue Codas o P�ce (greator than 110 percent tor r
<br /> (Iv) Who has e gross famity income In excess of the applicable percentage of appllcable medfan tamily Incomo as provldad In �
<br /> Seotion 143(p and(q(2)of the Intemal Revenue Code; or =
<br /> � (b) Borrower fails to occupy the property described In the Security Instrument wlthout prlor wdtten consent ot Lender or Its �
<br /> •� successors or nssigns descdbed at the beginning oi tfils Tex-Exempt Financing Rlder,or
<br /> t�� Bonower omits or misrepresente a fact that Ia materlal wrih respect to the provlslons of Sectton 143 of the Intemal Revenue
<br /> Code In en nppllcatlon tor the loan eecured by this Secudty Instrument.
<br /> � � � References ere to the Intemal Rovenue Code es emended and in eNect on the date of Issunnce of bonds,tha proceeds of whleit
<br /> � wiil be used tu tinance the Securiry Instrument and ere deemed to Inciude the Imptementing rogutations. --
<br /> 1* . BY SICiNINO BELOW, Borrower accepts and agrees to the terms end provisions fn thls Tex-Exempt Financing Rider.
<br /> �� .
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<br /> __ .- ��;:' �\�In.�cd� IN� ��S�l'� (sEAI.)
<br /> • eo«owe�q�edo M. Fe I—�
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<br /> �-z.TA�t!� � �VGf'1l�'
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<br /> ___ "�'�!� Bo�rov,cr
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<br /> _���,� ❑ CONVENI'IONAL MORTQAdE LOAN ADOENDUM ONLY
<br /> ""`-=�:±� 1'HIS TAX•DfEPAPT FI�ANCINO RI�ER is mada thls day ot , end le ine.orporated fnto and ____
<br /> ��-�i°=��'� she9 be dc9rned to amond and supptemt+nt the Mortgage,Oeed o(Trusl or Sewrit�r Decd ('Sscun!y lnatrument') ol lhv serne dR:e ghrsn by
<br />,,,��.;,�t;,,�� the underalgnad('Borrower')to aecure BoROwers Note('Note')to
<br /> S�WbS4e.=1�Y+�
<br /> ---��,��;;u.:gr� (•Lender•)of the same dato and covering the property descdbed In the SECUdry Instrument and located at:
<br /> ------�_�':',�
<br />_;f,;i„',y'*,'�.'T�+-. [Property AtldraooJ
<br /> »,.:!5�i�:t'•".• �... �..-----
<br /> ^��'�"„',"' In addition to tha covenants end ngreemeats made N the Security Inslrument, BoROwer and Lender furlher covenant and egree to emend
<br />-'� ."' ' Paregreph 17 of the Uniform Mortgage Form, entillod'Transfor of tha Properly as a Beneflclal Interest in Bortower'ns by adding additional _
<br /> = •� - grounds for ucceteration es lotlows: _
<br /> -_ : •�� Lender, or such of its successors or esslgns as may be separete Instrument assume responslbility tor assudng comp!lance by ihe =_-
<br /> - , Bonower rrfth tho provisions of this 'fex-Exsmpt Finendng Rider, may require immedlate payment in tu�nf ell sums secured by thls
<br /> • �+� Socudty InaVUment ff: �
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<br /> Y' (a) NI or part of the Propedy Is soid or otlerwise Vansferred by Hortower to e purchaser or other transteree; _
<br /> - .�. � f :�.-
<br /> , . +y } pJ Who cannat reasonabiy be expeded to ocoupy the property as e principal res!dence wfthin a reasonable dme after the ±.'_�;.�.
<br /> �
<br /> '��� . � salo or 4ransier,all es provided in Sectlon �43(a)and (i)(2) of the Intemal Revenuo Code; or
<br /> ' "____ _ .___L �-__ ..�_ .��_..Y� �.1..d�...14... .... 1hn
<br /> � �'�� � � (ii) Who has had a prosent ownership interost In a pnnapat residence during any puri o����a ������w• w����•--.� �. -._
<br /> • dato of the sale or transfer,all ns provlded In 3eGtion 143(d) nnd (1)(2) of the Intemel Reve�iue Code (except that '100 percent'
<br /> . shall be substituted for "95 percent or more'whero the latter eppeare in Section 143(d)(1);or
<br /> (ill) At an acqulsitton cost which Is greater then the meximum Iimits established by the Nebreska Investment Financo Authodly
<br /> (the 'Authority')In connectlon with Its Progrem,pursuant to whlch Program thls Security instrument Is tinanced;or
<br /> ". (N) Who has o groas tamity Income In excess o1 tho meximum Ilmits estnblishod by the Authority in connectlon with its
<br /> - ,. � Pragrem; or
<br /> � NiFA 2N_6 .. •
<br /> ' � OiIt5720tl.7 Puge 1 ot p .,
<br /> F1875.LA16 (71/9G) �
<br /> � 97011
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