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<br /> , , MQRTGAGE 14DDErfDUM � , ,
<br /> � � The tollow3ag are addencia tc the Mortgage. Piease check� " � � � � � �
<br /> the app�icable addendw�. The.addendum checked s1�aI3. be� . �
<br /> . . incorparated iato�, aad recarded w�th, �the Mortqage. The term . � . , , .
<br /> . � ; "Mo�tqaq8" �shali be deem�d ta.�inclttde "Deec�,c�€ �sust,�� if � .
<br /> - . apglfcahie. �
<br /> . ` ' FHA ADDENDUM � � . _
<br /> � � � . �As lonq as the Mo�tgaqe is outstandinq,` th��:�i,end��.:°�uay �� - . � ��=�� ,
<br /> ' � dgclare al l �sums secured by the Martqage���� be ��aedi��#��y � � -
<br /> r�� : � due and.pay�blb �f: . < . . � , . - � � � : ,. ' :�
<br /> , � • .
<br /> � (a) all or part of the prupe=�y is sc�ld or otiier-
<br /> - � wise tr�asferted (other thaa by dea�cre,. desceat or -
<br /> � �� � . operatxo� o£ law) by Borxower to �� �;�lrchaser os� other � -u
<br /> 1� transferee: � . '
<br /> _� , . . . . . . - . �
<br /> , . (i� who cannot reasonably be expected to _
<br /> � � � � occupy the property as a .princ�pal residence withia ,
<br /> � � reasoasble time after..the sale or tra�sfer, a21 �
<br /> ` � � as� provided in Sect ioa ���(c) and .143(i)(2) of the , � ; `
<br /> � - 2nteraal Revenue Code at. �986A.:as amended; or . . . ` �
<br /> � � . :: .f�
<br /> � � , (ii) who has had a present ownersh�p interest ��� �-�-``
<br /> _.. in �..priaaipal res�dence durfng any part .of the . , ., . . ._. f-�`�
<br /> _ _i -- - - ��- -
<br /> three-year� period endiaq on the date of the saie or � . � �-�
<br /> � transfer, all as provided in Section 143(d� and , ` . .'�.
<br /> � � 343(i)�2) of the internal Revenue Code texcept that � ��`"�
<br /> ' � the laaguage "lOt� percent" shall be substituted for . .
<br /> � "95 percent or more" w�ere the latter appears in
<br /> } . � . � Sect ion 143(d)(12): or � ' �
<br /> ��
<br /> - � (if i) a�t an .�c��uisition cost which is qreater
<br /> ' than 90� of the averaqe area purchase price . �
<br /> � � (greater than i10� �for tarqeted area sesidences) , -
<br /> � _ ; � al l as provfded in Sect i'on 143(el and 143(i)(2) of � ,
<br /> � ? . the Ynternal Revenue Code; or �
<br /> ...;:,..
<br /> ; � . (iv) who has an income in excess of that —{
<br /> .: .; establis2��d by the Neb�a�ska investment Finance '. ��
<br /> � ; '` � � Authority �under its app�icable regulatifons or pro- � �
<br /> � gra.�n quideliaes :n effect on the date of the sale � �
<br /> . 'c�:- transfe�; or �
<br /> � � . .
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