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HomeMy WebLinkAbout875855 EV~STON, ~ 82930 [Space~.Abow This L~nu For Recordin~ Dam] ~ S~a~o of ~yomin~ ~ ~ ~HA Cas~ No. ] THIS MORTGAGE ("Security Instrument")jis given on SEPTEMBER 6, 2001 The mortgagor is ARVID K. AASE AND JOAN D. AASE, HUSBAND AND WIFE whose address is 910 ELK STREET - APT #C KEMMERER, WYOMING 83101 ("Borrower(s)"). This Security Instrument is given to FIRST NATIONAL BANK-WEST A NATIONAL BANKING ASSOCIATION which is organized and existing under the laws of THE UNITED STATES OF AMERICA and whose address is' 1001 MAIN ST ' EVANSTON, WY 82930 ("Lender"). Borrower owes Lender the principal ~um of EIGHTY-NINE THOUSAND AND 00 / 100 Dollars (U.S. $ 89,000.00 ). This debt is evidenced by Borrower's note dated the same date'as this Security Instrument ("Note"), which provides for month[y .payments, with the full debt, if not paid earlier, due and payable on OCTOBER 1, 2031 This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all rer~ewals, extensions and modifications; (b) the payment of all other sums, with interest, advanced under Paragraph 6 to protecl the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements under this Security Irqstrument and the Note. For this purpose, Borrower does hereby mortgage, grant and convey to Lender, with pOwer of sale, the fo!lowing described property located in LINCOLN County, Wyoming: LOT 6, OF BLOCK 3, OF THE LINCOLN HEIGHTS 4TH SUBDIVISION TO THE TOWN OF KEMMERER, LINCOLN COUNTY~ WYOMING AS DESCRIBED ON THE OFFICIAL PLAT THEREOF. ~, Which has the address of 1310 5TH WEST COURT, KEMMERER [Street] [City] WYOMING 83101 : ' ("Property Address"); [State] , [Zip Code] : . TOGETHER' WITH all the improvements, now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water rights and stock and all fixtures now or hereafter a part of the property. All replacements and add:itbns shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property". BORROWER COVENANTS that Borrower i;; lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and convey the Property and that the Prepcrty is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Propen:y against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT comb;lies uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniforr}~ ~security instrument covering real property. Borrower and Lender covenant and agree a..s~ :follows: UNIFORM COVENANTS. 1. Payment of Principal, Interest and Lathe Charge. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and late charges .due under the Note. 2, Monthly Payment of Taxes, Insura!!.c:e, and Other Charges. Borrower shall include in each monthly payment, together with the principal and interest as set foFth in the Note and any late charges, a sum for (a) taxes and special assessments levied or to be levied against the Property, (b)leasehold payments or ground rents on the Property, and (c) premiums for insurance required under Paragraph 4. In any year in which the Lender must pay a mortgage insurance premium to the Secretary of Housing and Urban Development ("SecretaryT), or in any year in which such premium would have been required if Lender still held the Security Instrument, each monthly:,payment shall also include either: (i) a sum for the annual mortgage insurance premium to be paid by Lender to the Secretary5,, or (ii) a monthly charge instead of a mortgage insurance premium if this Security Instrument is held by the Secretary, in .:a reasonable amount to be determined by the Secretary. Except' 'for the monthly charge by the Secretary, these items are called '[Escrow Items" and the sums paid to Lender are called "Escrow Funds." Lender may, at any time, collect and hold amounts for Escrow Items in an aggregate amount not to exceed the maximum amount that may be required for Borrower's escrow account under the Real Estate Settlement Procedures Act of 1974, 12 U.S.C. § 2601 et seq. and implementing regulations, 24 CFR Part 3500, as they may be amended from time to time ("RESPA"), except that the cushion or reserv[::)permitted by RESPA for unanticipated disbursements or disbursements before the Borrower's payments are available in the ac:count may not be based on amounts due for the mortgage insurance premium. If the amounts held by Lender for Escrow i~tems exceed the amounts permitted to be held by RESPA, Lender shall account to Borrower for the excess funds as required by RESPA. If the amounts of funds held by Lender at any time is not sufficient to pay the Escrow Items when due, Lender may n~stify the Borrower and require Borrower to make up the shortage as permitted by RESPA. il, The Escrow Funds are pledged as additio, nal security for all sums secured by this Security Instrument. If the Borrower tenders to Lender the full payment of all sucb:~'sums, Borrower's account shall be credited with the balance remaining for all installment items (a), (b), and (c) and any mortgage insurance premium installment that Lender has not become obligated to pay to the Secretary, and Lender shall promptly ref;und any excess funds to Borrower. Immediately prior to a foreclosure sale of the Property or its acquisition by Lender, Borrower's account shall be credited with any balance remaining for all installments for items (a), (b) and (c). 3. Application of Payments. All paymenti~I, under Paragraphs 1 and 2 shall be applied by Lender as follows:~ First, to the mortgage insurance premium to be paid by Lender to the Secretary or to the monthly charge by the Secretary instead of the monthly mortgage insurance prem!um; Second, to any taxes, special assessments, ;leasehold payments or ground rents, and fire, flood and other hazard insurance premiums, as required; T.hird, to interest due under the Note; Fourth, to amortization of the principal ofihe Note; and Fifth, to late charges due under the Note. 4. Fire, Flood and Other Hazard Insur~[nce. Borrower shall insure all improvements on the Property, whether now in existence or subsequently erected, against any i{azards, casualties, and contingencies, including fire, for which Lender requires insurance. This insurance shall be maintainedqn the amounts and for the periods that Lender requires. Borrower shall also insure all improvements on the Property, whether now in existence or subsequently erected, against loss by floods to the extent required by the Secretary. All insurance shall be carried with companies approved by Lender. The insurance policies and any renewals shall be held by Lender and shall include loss payable clauses in favor of, and in a form acceptable to, Lender. In the event of loss, Borrower shall give Eender immediate notice by mail. Lender may make proof of loss if not made promptly by Borrower. Each insurance companY concerned is hereby authorized and directed to make payment for such loss directly to Lender, instead of to B°rrower and.to Lender jointly. All or any part of the insurance proceeds may be applied by Lender, at its option, either (a) to the reducti~n of the indebtedness under the Note and this Security Instrument, first to any delinquent amounts applied in the order in Paragraph 3, and then to prepayment of principal, or (b) to the restoration or repair of the damaged Property. Any application of the proceeds to the principal shall not extend or postpone the due date of the monthly payments which are referred to in Paragraph 2, or change the amount of such payments. Any excess insurance proceeds over an amount required to pay all outstanding indebtedness under the Note and this Security Instrument shall be paid to the entity legally entitled thereto. In the event of foreclosure of this Security Instrument or other transfer of title to the Property that extinguishes the indebtedness, all right, title and interest of Bor~,'ower in and to insurance policies in force shall pass to the purchaser. 5. Occupancy, Preservation, Maintenance and Protection of the Property; Borrower's Loan Application; Leaseholds. Borrower shall occupy, establish, and use the Property as Borrower's principal residence within sixty days after the execution of this Security Instrument (or within sixty days of a later sale or transfer of the Property) and shall continue to occupy the Property as Borrower's principal residence for at least one year after the date of o_.ccuPancy, unless Lender determines that requirement will cause undue hardship for Borrower, or unless extenuating circumstances exist which are beyond Borrower's control. Borrower shall notify Lender of any extenuating circumstances. Borrower shall not commit waste or destroy, damage or substantially change the Property or allow the:Property to deteriorate, reasonable wear and tear excepted. Lender may inspect the Property if the Property is vacant or abandoned or the loan is in default. Lender may take reasonable action to protect and preserve such vacant or abandoned Property. Borrower shall also be in default if Borrower, during the loan application process, gave materially false or inaccurate information or statements to Lender (or failed to provide Lender with any material information) in connection with the lo'an evidenced by the Note, including, but not limited to, representations concerning Borrower's occupancy of the Property as a principal residence. If this Security Instrument is on a leasehold, Borrower shall comply with the provisions of the lease. If BOrrower acquires fee title to the Property, the leasehold and fee title shall not be merged unless Lender agrees to the merger in writing. FItAWYMTG (0S196) Initials:?/~. ',_~v ~] Page 2 of 5 6. Condemnation. The proceeds of any :award or claim for damages, direct or consequential, in connection with any condemnation or other taking of any part of the Property, or for conveyance in place of condemnation, are hereby assigned and shall be paid to Lender to the extent of the full 'amount of the indebtedness that remains unpaid under the Note and this Security Instrument. Lender shall apply such proceeds t,~> the reduction of the indebtedness under the Note and this Security Instrument, first to any delinquent amounts applied in the' order provided in Paragraph 3, and then to prepayment of principal. Any application of the proceeds to the principal s!lall not extend or postpone the due date of the monthly payments, which are referred to in Paragraph 2, or change the amo'i~,mt of such payments. Any excess proceeds over an amount required to pay all outstanding indebtedness under the Note and thli. s Security Instrument shall be paid to the entity legally entitled theretO. 7. Charges to Borrower and Protectionl °f Lender,s Rights in the Property. Borrower shall pay all governmental or municipal charges, fines and impositions that ia{e not included in Paragraph 2.-Borrower shall pay these obligations on time directly to the entity which is owed the payment:. If failure to pay would adversely affect Lender's interest in the Property, upon Lender's request Borrower shall promptly furnish to Lender receipts evidencing these payments. If Borrower fails to make these payments ~or the payments required by Paragraph 2, or fails to perform any other covenants and agreements contained in this Security Instrument, or there is a legal proceeding that may significantly affect Lender's rights in the Property (such as a proceeding in bankrup~tcy, for condemnation or to enforce laWs or regulations), then Lender may do and pay whatever is necessary to protect the value of the Property and Lender's rights in the Property, including payment of taxes, hazard insurance and other items mentionei~l in Paragraph 2. Any amounts disbursed by Lender under this' Paragraph shall become an additional debt of Borrower and be secured by this Security Instrument. These amounts shall bear !..nterest from the date of disbursement at the Note rate, and at the option of Lender shall be immediately due and payable. 1 Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured iiy the lien in a manner acceptable to Lender; (b) contests in good faith the lien by, or defends against enforcement of the lien!in, legal proceedings which in the Lender's opinion operate to prevent the enforcement of the lien; or (c) secures from th6 holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines ti'tat any part of the Property is subject to a lien which may attain priority over this Security Instrument, Lender may give BorroWer a notice identifying the lien. Borrower shall satisfy the lien or take one or more of the actions set forth above within 10 day~ of the giving of notice. 8. Fees. Lender may collect fees and charges~'authorized by the Secretary. : 9. Grounds for Acceleration of Debt. (a) Default. Lender may, except as limited by regulations issued by the Secretary in the case of payment defaults, require immediate payment in full of all sums segured by this Security Instrument if: (i) Borrower defaults by failing to pay in full any monthly payment required by this Security Instrument. prior to or on the due date of the next monthly payment, or (ii) Borrower defaults by failing, ferla period of thirty days, to perform any other obligations contained in this Security Instrument. (b) Sale Without Credit Approval. Lender shall, if permitted by applicable law (including section 341(d) of the Garn-St Germain Depository Institutions Act of !982, 12 U.S.C. 1701j-3(d)) and with the prior approval of the Secretary, require immediate payment in full of all sums se~iured by this Security Instrument if: (i) All or part of the Property or a b~neficial interest in a trust owning all or part of the Property, is sold or otherwise transferred (other than by devise or des~en't), and (ii) The Property is not occupied by the purchaser or grantee as his or her principal residence, or the purchaser or grantee does so occupy the Property, biat his or her credit has not been approved in accordance with the requirements of the Secretary. .' ~ (c) No Waiver. If circumstances occur that would permit Lender to require immediate payment in full, but Lender does not require such payments, Lender does net waive its rights with respect to subsequent events. (d) Regulations of HUD 'Secretary. In mzny circumstances regulations issued by the Secretary will limit Lender's rights, in the case of payment defaults, to requireiiimmediate payment in full and foreclose if not paid. This Security Instrument does not authorize acceleration or foreclosure if not permitted by regulations of the Secretary. (e) Mortgage Not Insured. Borrower agrees that if this Security Instrument and the Note are 'not determined to be eligible for insurance under the National Housing Act within from the date hereof, Lender may, at its option require immedi~ite payment in full of all sums secured by this Security Instrument. A written statement of any authorized agent of the Se.~cretary dated subsequent to from the date hereof, declining to insure this Security Instrument and the Note, shall be deemed conclusive proof of such ineligibility. Notwithstanding the foregoing, this opti3t! may not be exercised by Lender when the unavailability of insurance is solely due to Lender's failure to remit a mortgage insurance premium to the Secretary. 10. Reinstatement. Borrower has a right to be reinstated if Lender has required immediate payment in full because of Borrower's failure to pay an amount due under the Note or this Security Instrument. This right applies even after foreclosure proceedings are instituted. To reinstate the Secui:ity Instrument, Borrower shall tender in a lump sum all amounts required to bring Borrower's account current including, to the extent they are obligations Of Borrower under this Security Instrument, foreclosure costs and reasonable and customary attorney's fees and expenses properly associated with the foreclosure proceeding. Upon reinstatement by Borrower, this Security Instrument and the obligations that it secures shall remain in effect as if Lender had not required immediate payment in full. However, Lender is not required to permit reinstatement if: (i) Lender has accepted rei~nstatement after the commenqement of foreclosure proceedings within two years immediately preceding the commencement of a current foreclosure proceeding, (ii) reinstatement will preclude foreclosure on different grounds in the future, or (iii) reinstatement will adversely affect the priority of the lien created by this Security Instrument. 11. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time of payment or modification of amortization of the sums secured by this SecuritY Instrument granted by Lender to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successor in interest. Lender shall not be required to commence proceedings against any successor in interest or refuse to extend time for payment or otherwise modify amortization FHAWYMTG (05/96) ~, Initials: ]~ ,~ 1(~ Page 3 of 5 f;,; ..,.. . ' ,:- %{;; ; . r~; 'c. ,-., of the sums secured by this Security Instrumeilt by reason of any demand made by the °riginal Borrower or Borrower's successors in interest. Any forbearance by Len,~ier in exercising any right or remedy shall not be a waiver of or preclude the exercise or any right or remedy. 12: Successors and Assigns Bound; Join{~ and Several Liability; Co-signors. The covenants and agreements of this Security Instrument shall bind and benefit the ~mccessors and assigns of Lender and Borrower, subject to the provisions of Paragraph 9(b). Borrower's covenants and agre~ements shall be joint and several. Any Borrower who co-signs this Security Instrument but does not execute the Note: (a) ii; co-signing this Security Instrument only to mortgage, grant and convey that Borrower's interest in the Property under the tel:ms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower tnay agree to extend, modify, forbear or make any accommodations with regard to the terin of this Security Instrument or the Note without that Borrower's consent. 13, Notices, Any notice to Borrower provid,i:d for in this Security Instrument shall be given by delivering it or by mailing it by first class mail unless applicable law requires,use of another method. The notice shall be directed to the Property Address or any other address Borrower designates by notice :to Lender. Any notice to Lender shall be given by first class mail to Lender's address stated herein or any address Lender designates by notice to Borrower. Any notice provided for in this Security Instrument shall be deemed to have been given to Borrower or Lender when given as provided in this paragraph. 14. Governing Law; Severability. This: :Security Instrument shall be governed by Federal law and the law of the jurisdiction in which the Property is located. In~ the event that any provision or clause of this Security Instrument or the Note conflicts with applicable law, such conflict shal! ~inot affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. '~1;o this end the provisions of this Security Instrument and the Note are declared to be severable. : 15. Borrower's Copy. Borrower shall be gi:ven one conformed copy of the Note and of this Security Instrument. 16. Hazardous Substances. Borrower sh~i~ll not cause or permit the presence, use, disposal, storage or release of any Hazardous Substances on or in the Property.: Borrower shall not do, nor allow anyone else to do, anything affecting the Property that is in violation of any Environme~.tal Law. The preceding two sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Prop[;Uy. Borrower shall promptly give Lender written notice of any investigation, claim, demand, lawsuit or other action by any governmental or regulatory agency or private p.~i~'ty involving the Property and any Hazardous Substance or Environmental Law of which Borrower has actual knowledge. If B.r~rrower learns, or is notified by any governmental or regulatory authority, that any removal or other remediation of any Hazardous Substances affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordano~: with Environmental Law. As used in this Paragraph 16," Hazardous' Substances" are those substances defined as toxic or hazardous substances by Environmental Law and the following substar!ces: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials. As used in the paragraph 16, "Environmental Law" means !~!bderal laws and laws of the jurisdictioa where the Property is.located that relate to health, safety or environmental protection. NON-UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 17. Assignment of Rents. Borrower uncdnditionally assigns and transfers to Lender all the rents and revenues of the Property. Borrower authorizes Lender or Lende~i"s agents to collect the rents and revenues and hereby directs each tenant of the Property to pay the rents to Lender or Lender's' agents. However, prior to Lender's notice to Borrower of Borrower's breach of any covenant or agreement in the Security Instr~,ment, Borrower shall collect and receive all rents and revenues of the Property as trustee for the benefit of Lender and Borrpwer. This assignment of rents constitutes an absolute assignment and not an assignment for additional security only. :. If Lender gives notice of breach to Borro~',er: (a) all rents received by Borrower shall be held by Borrower as trustee for benefit of Lender only, to be applied to the sums secured by the Security Instrument; (b) Lender shall be entitled to collect and receive all of the rents of the Properly; and (C) each tenant of the Property shall pay all rents due and unpaid to Lender or Lender's agent on Lender's written demand to l:~e tenant. Borrower has not executed any prior ass~gpment of the rents and has not and will not perform any act that would prevent Lender from exercising its rights under this Paragraph 17. Lender shall not be required to enter uponI take control of or maintain the Property before or after giving notice of breach to Borrower. However, Lender' or a judicially :appointed receiver may do so at any time there is a breach. Any application of u., vahdate rents shall not cure or waive any default or ' ' ' any other right or remedy of Lender. This assignment of rents of the Property shall terminate when the debt secured by the Security Instrument is paid in full. 18. Foreclosure Procedure. If Lender requires immediate payment in full under Paragraph 9, Lender may invoke the power of sale and any other remedies permitted by applicable law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this Paragraph 18, inciuding, but not limited to, reasonable attorneys' fees and costs of title evidende. If' Lender invokes the power of sale, Leni:ler shall give notice of intent to foreclose to Borrower and to the person in possession of the Property,. if different, in accordance with applicable law. Lender shall give notice of the sale to Borrower in the manner provided in Paragraph 13. Lender shall publish the notice of sale, and the Property shall be sold in the manner prescribed by applicable law. Lender or its deidgnee may purchase the Property at any sale. The proceeds of the sale shall be applied in the following order: (a) to all expem,:.~s of'the sale, including, but not limited to, reasonable attorneys' fees; (b) to all sums secured by this Security Instrument; and (C) anY excess to the person or persons legally entitled to it. If the Lender's interest in this Security Insl:ument is held by the Secretary and the Secretary requires immediate payment in full under Paragraph 9, the Secretary may ir.yoke .the nonjudicial power of sale provided in the Single Family Mortgage Foreclosure Act of 1994 ("Act") (12 U.S.C. 3~51 et seq.) by requesting a foreclosure commissioner designated under the Act to commence foreclosure and to sell the Propert}, as provided in the Act. Nothing in the preceding sentence shall deprive the Secretary of any rights otherwise available to a:Lender under this Paragraph 18 or applicable law. 19. Release. Upon payment of all sums secured by this Security Instrument, Lender shall release this Security Instrument without charge to Borrower. Borrower shall pa', any recordation costs. ;. 20. Waivers. Borrower waives all rights of homestead exemption in the Property and relinquishes all rights of courtesy and dower in the Property. .. Riders to this Security Instrument. If c,:.ne or more riders are executed by Borrower and recorded together with this Security Instrument, the covenants and agreeme(.is of each such rider shall be incorporated into and shall amend and supplement the covenants and agreements of this Security i]~nstrument as if the rider(s) were a part of this Security Instrument. [Check applicable box(es)] ~ ~: [~] Condominium Itiifler ~ Planned Unit Development Rider [~] Graduated Payment Rider ~] Growing Equity Rider Non-Owner Occupancy Rider Adjustable Rate Rider ~X-~ Other [Specify] TAX EXEMPT FINANCING RIDER BY SIGNING BELOW, Borrower accepts ~nd agrees to the terms contained in this Security Instrument and in any rider(s) executed by Borrower and recorded with it. Witnesses: ARVID K. AASm. - Borrower :. J(~AN D. AASE -Borrower '~ ~ (Seal) ! . - Borrower (Seal) [Space Bl:lo!~, This Line For Acknowledgement] STATE OF WYOMING ) ) SS: COUNTY OF LINCOLN ~ ) The foregoing instrument was acknowledged before me, a Notary Public, on September 6, 2 0 0 Date by: Arvid K.~ Aase and Joan D. Aase Person(s) Acknowledging In WITNESS WHEREOF, I have hereunto set my hand and official seal. My Commission expires: March 25, 2002~,. J WANDA'~~NOTA~¥ PU[tLiC FItAWYMTG (05/96) Page 5 of 5 56 IglORTGAGE ADDENDUM The following is an Addendum to the Mortgage. The addendum shall be:incorporated into, and recorded· with, the Mortgage. ..i TAX EXEMPT FINANCING RIDER This Tax-Exempt Financing Rider is incorporated into and shall be deemed to amend the terms of the Mortgage to which it is attached. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: Lender, or such of its successors or as. signs as may, by separate instrument, assume responsibility for assuring compliance by the Borrower'With provisions of the Tax Exempt Financing Rider, may require immediate payment in full of all sums secured by this Security Instrument iff a) All or part of the Property!is sold or otherwise transferred (otlier than by devise, descent or operation of law) by Borrower to a purchaser or other transferee: i) Who cannot reasonably be expected to occupy the property as a principal resident within a reasonable time after sale or transfer, all as provided in Section 143(c) and (i) (2) of the Internal Revenue Code; or ii) Who has had a present ownership interest in a principal~ residence during any part of the three year period ending on the date of the sale or transfer, all as provided in Section 143(d) and (i) (2) of the Inte[nal Revenue Code; or . iii) At an acquisition cost which is greater than 90 percent cifthe average area purchase price (greater than 110 percent for targeted area residences), ~!11 as provided in Section 143(c) and (i) (2.) of the Internal Revenue Code; or (iv) Whose family income exceeds applicable income limit~ a's provided in Section 143(f) and (i) (2) of the Internal Revenue Code. b) Borrower'fails to occupy the property described in the Secur~ity Instrument without prior written consent of the lender or its successors or assigns described at the beginning of the Tax Exempt Financing Rider, or c) Borrower omits and misrepresents a fact that is material with respect to the provisions of Section 143 of the Internal Revenue Code in an application for the loan secured by this Security Instrument. References are to Internal Revenue ('.ode as amended, in effect on the date of execution if the Security Instrument and are deemed to include implementing regulations. BXF SIGNING BELOW, Borrower accept, and agrees to the terms and provisions in this Tax-Exempt Financing Rider. Borrower(s) ARVID K. AASE /DAN D. AASE .:. MPP 210-B (Revised 12/95) ·