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<br /> FXIiIBIT E
<br /> � � . - , • MOR�GAGE ADDENDUM • � � . , � ,
<br /> � The fallovi�q are addenda to- the Mostgage. PZease check � .
<br /> � � �� the applicable adden+dum. The addeadum checked sha1Z he � �
<br /> ; 'incorporated. into, �nd recor�d�ed with, �the Mortgage. The ternt
<br /> � •. "Mortgaqe"• s&all •be dee�ed to include "Deed of ,Trust," if. .
<br /> ;� - applicable. � � �
<br /> , - - . . . .
<br /> � {, . . . . . . . ` . .
<br /> i _i_, FHA ADDENDUM . "
<br /> ,_ . . _ , . ,
<br /> , � ,
<br /> • . As �long as the� Mortgage is outstanding, the Lend�r map � , . �
<br /> � � ` . � . declare all �swns secured bg the Mortgaqe to be imomediately � � �
<br /> ; due'and payable i€: ' � . � � ,
<br /> , : ., _
<br /> +`. • � � (a) aIl or past of. the property is� sold or other- . ;
<br /> � wi�e transferred (o�h�r,than by devise, descent or � ,•
<br /> ; . � operatian ,of 1aw) i�y Horrower to a purchas�er or other
<br /> � trans�eree: :. , .
<br /> � � , ' �>�;� who cannot reasonab�y be expected to �
<br /> ; ' ��ccupy the progerty as a principal residence within � '
<br /> � • � , a reasanable ti.me a�ter the sale or transfer, all � � ,
<br /> ; as provided in Sectian 143(c) and i43(i)(2) of the �
<br /> � • � . Enternal Revenue Code of 1986, as ameaded; or �, -
<br /> . ,•���
<br /> ; � � (ii) who has had a present ownership interest • ���j_�
<br /> � in a principal residence dur3,ng any part of the ''� �
<br /> .`� � � three-year period eading on the date of the sale or
<br /> ; traasfer, all as provided in Section 143(d) and
<br /> ; . � 143(i)(2) of t.he Internal Revenue Code (except that '
<br /> ' the language °'Lfl0 percent" s3�a11 be substituted for � �'�
<br /> ! "95 pe��ent ar more" where the latter appears in � "�
<br /> � Sectic� 143(d)�Eil) ; dr
<br /> ' j (ii�i� at an acquisita.oin �ost which is qreater � �
<br />� . ` . �i�an ��� o£ the average� area purchase price
<br /> . � ~ (great�� thaus 110� for targeted, a�ea� residences),
<br /> . . , ; � . al1 as .provided in 5eation 143(e� and 143ti)f2). of �
<br /> �he Internal Revenue Code; or '�
<br /> , : ,
<br /> . - . ��.
<br /> � ; � _ (i.v) who has an income in excess o£ that . ' �
<br /> � ; establishesl by the Nebraska Inv,estmeat Finance
<br /> ' � ; Authority uadeu its a�plicab�e �egulations or pro- .
<br /> ' � : gram guidelines in effect c� the d�tb of the sale
<br /> �� � ' � or traasfer; or .. . '
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