Laserfiche WebLink
��- .���Si <br /> In addition to the;ovenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree to amend <br /> Paragraph.t7 of the UnHorm Mortgage Form, entitled "Transfer of the Property as a Beneficial Interest in Borrower" as by adding additional <br /> grounds for acceleration as tollows: <br /> Lender, or such of its successors or assigns as may by separate instrument assume responsibility for assuring compliance by the <br /> Borrower with the provisions of this Tax-Exempt Financing Rider, may require immediate payment in full of alt sums secured by this <br /> Security Instrument 'rf: <br /> (a) All or part of the Property is sold or otherwise transferred by Borrower to a purchaser or other transferee; <br /> (i) Who cannot reasonably be expected to occupy the property as a principal residence within a reasonable time after the <br /> sale or transfer, all as provided in Section 143(c) and (i)(2) of the Intemal Revenue Code; or <br /> (ii) Who has had a present ownership interest in a principal residence during any part of the three-year period ending on the <br /> date of the sale or transfer, all as provided in Section 143(d) and (i)(2) ot the Internal Revenue Code (except that "t00 percent" <br /> shall be substituted for "95 percent or more" where the latter appears in Section 143(d)(1); or <br /> (iii) At an acquisition cost which is greater than the maximum limits established by the Nebraska Investment Finance Authorky <br /> (the "Authority") in connection with its Program, pursuant to which Program this SeCUrity Instrument is financed; or <br /> (iv) Who has a gross family income in excess o( the maximum Ifmits established by the Authority in connection wfth fts <br /> Program; or <br /> (b) Borrower fails to occupy the property described in the Security Instrument without prior written consent of Lender or its <br /> successors or assigns described at the beginning of this Tax-Exempt Financing Rider, or <br /> (c) Borrower omits or misrepresents a fact that is material with respect to the provisions of Section 143 of the Internal Revenue <br /> Code in an application for the loan secured by this Security Instrument. <br /> References are to the Internal Revenue Code as amended and in effect on the date of issuance of bonds, the proceeds of which <br /> will be used to finance the Security Instrument and are deemed to include the implementing regulations. <br /> BY SIGNING BELOW, Borrower accepts and agrees to the terms and provisions in this Tax-Exempt Financing Rider. <br /> eorrower <br /> Borrower <br /> STATE OF NEBRASKA <br /> �ss. <br /> COUNTY OF HALL � <br /> The foregoiny instrument was acknowledged before me this 27th day of March 1998 <br /> by SHELLY A HENKE . AN UNMARRIED INDIVIDUAL <br /> witness my hand and notarial seal at GRAND ISLAND said county a said. <br /> My commission expires: SEPTEMBER 18, 1999 <br /> III �ENERAL NOTARY�Stateaf Nebras Y b��o SHERRI O'CAL GH <br /> SHERRI L.0'CALLAGHAN <br /> My Comm.Exp.Sept.18,1999 <br /> o��,snoe.� <br /> F�875.LM0 (B/97) Pags 2 of 2 <br />