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<br /> ` ' � � � � �� � . � ` �r�i�r E � � �'"�'t4279�� � , �
<br /> . � . . .
<br /> � � . � `M�33�TGAG�. ADDEN�fUM � ' � . � �
<br /> � : . � • . ,
<br /> � � : � �'he foi�o��q are ad8enda ta the Mortqaqe.� Please che�tc � �
<br /> ' . . `the �a�plicable ad�dendum. The addendvm checited sha12 be `
<br /> � , f�ttoc�orated �inta, and �recorcied witht the M+�r�gaqe: � The cerm '
<br /> � : � "Mortqag�" shail b� deeme�t tca includ+e "Deed af Trust," if .
<br /> � applic�ble. � � . -
<br /> ., ; . , .`� FHA ADDENDtTM , � . ' . � . � _
<br /> , . +. . , , . _ - ,_ � .
<br /> . ; � �` As lonq as the Mort�age is outsta�3ing, the Lender may � � �
<br /> , _ .'��ciare ai���su�na ,secured by.the MortSa�e .to be ic�ed�.at�ly .
<br /> , �; c�.r�e and gayab�e if.: � .
<br /> � ' ' {a) a12 or part of �the property is sold or ot2aer- . �
<br /> �- � , . w�,ss trsnsferre8 C;�ther than by devise, descent� ar � '
<br /> � � i�� operat4on a£ law): �y Horrow�r to� a purchaser or other �
<br />",`; . � � . . tranaferee: . , . .
<br /> . � f
<br /> � . �` � (i} who aannat�reasor��bl� be; expecte� to , `�`'
<br /> occugy the property as a grxnc paI resider.ce within . .
<br /> ' � ' � a r�asonable time after the sa2e or transfer. _ all . �
<br /> , ,_ �
<br /> •.� . — - - -- -'-`-'
<br /> - _ ��-prcvia�ci irr_5e�tivtr 1����� a�rd I4�{1�(Z) of -�he_ - ... - - - � -. _
<br /> �� � ' � Iaternal Revenue Code of 1986, as ac�ended; or , � _
<br /> � � (fi? who has had a pre�ent pwr�ership interest - -�
<br /> � fn a principal resideace duriag any part of the �
<br /> three-y�ar period ending on the da�� of the saYe or �
<br /> � , .transfec. al1 as provided in Sectiw�. i�3(d) and `ii
<br /> ; � . 143{i)(2) of the Internal �.�v�nue Ccd� (ex�:ept that '
<br /> ' the Ianguaqe "100 p�;cent" s�ia21 be avbst:�;�ted �;r
<br /> � "95 percent or moze"., where tbe la�ter appears i:� �:
<br /> � Sectfon 143(d)(il); os � , �
<br /> � . (iii). at aizz acquisi�ion cost which is ,g:eate�r � . �
<br /> = � Chan ��� of t2ze averaqe a�ea purch�ase pr�Ce � .
<br />- ; -� (qrea�r�: �han 1i0� �c:r tarqetEd azea resider.ces) , ���
<br /> � � , a►I 1 aa provided !n Se�t ion 143 te) and 143{i)t 2) nf � ��.'
<br /> � � � the Interna2 R�vonue �ode; ��
<br /> .
<br /> . . � Q�•�� who has a� irtcome in exc�ss cf that
<br /> . � . estabii►ahed by the b�e�r��k� Investr.rer►� Fi�anCe �
<br />� . Author�ty under its appl�cable xegulations 4: pro- � �
<br /> � . � ; qram guide2 ir..es in ef gect an th� date of ��� sa le •
<br /> � or transfer; a� � . .
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