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<br /> . � . � EXIiEHIT �E � , � • t . , . .
<br /> ,. , , . . � , ,
<br /> `.. ` . > . . �MORT�AGE ADDENDtjM . .` ,
<br /> � ; . � � ..
<br /> . � ,. .� The f411o�►i.nq are �addenda ta the Mottqaqe. Plea�e cheek � �
<br /> � � , the agplicable addendwa. The addendum checked shall be � ' � • .
<br /> ' � . � inca�porated into, and reaorded with, the Mortg'aqe. ' T�ie term ` _' �
<br /> "Mo=tgaqe"��.�hall be deemed �b include "Deed o€ Trtist, '' if . �
<br /> . � aPPlicabie. � . .
<br /> � . _ � . . . � � .
<br /> . ; . , .. . � . . . - .
<br /> . ;� X,,,_ FHA ADDENDDM �• . . ` ' .
<br /> . _ ' � As lonq as the Mortc�age is outstanding, the Lender may � � �
<br /> - � - .. declare- a7.1 swas•securet��.��'..the Mortgage to be immediateZp � ' � �
<br /> � , � d�ae and payable if: � '
<br /> , + � � . . . . .
<br /> ; . � {a� all_ or pa�t of� the pr�perty is sold or other- .
<br /> � , wfse:xransferred ' �c��her thaa by devise, descent or .
<br /> � ' � , .; operation of .law) i�y Borr�war to a pur�haser or other �
<br /> transferee: ; � �
<br /> . � ., � � = '�
<br /> . (i) wha .�annat reasonably be expectec�. to , . . � _
<br /> . ' � � occupy the property as a principal residence within '
<br /> a reasanable time a£ter the sale or traasfer, all . , f � �
<br /> as provided in Section 143(c) and 143(i)(2) of the ; •:�--
<br /> , .��r
<br /> Internal Revenue Ccde of 1986, as amended; or � . ;�
<br /> � . � � f"si) whq has had a present ownership interest � ��
<br /> �. ; � � in a prf.ncipal residence during any part vf the . '�.-
<br /> � � , three-year period ending on the date of the sale or
<br /> ' ' transf�r, all as provided in Section 143(d). and � . -
<br /> ; 143(i)(2) of the Internal Revenue Code (except that .
<br /> � � the l,anguage "10o percent" shall be substituted for � �
<br /> "95 percent or more" where' the latter appears in
<br /> • Section 143(d)(iiy; or ' •
<br /> � . � � (iii� at an acquisition cost which is greater �
<br /> � than 90� o£ the average area purchase p�ice ,
<br /> , (greater than ilo� for targeted,area residences), � � '.�:
<br /> � ; _ , al l as prov�ded in. Section 143(e� and� 143(i)(2) o£ � i::;�:
<br /> � � the Iaternal Revenue Code; or , � � : ; ` �,
<br /> , , . t �.
<br /> � � (ivj who has aa income in exc�ss: o� t}�at . �
<br /> � � established by .the Nebraska Invest�:en� F�.n�nce � ��-
<br /> � �Authority under its applicab2e reqt�Iations; or gro-
<br /> ,� � gram quideli��s in ef£ect cn the date;of �he sale; :
<br /> . or transfer; csr .
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