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1 <br />MORTGAGE ADDENDUMI <br />The following are addenda to the R0rt9age. Please check the <br />applicable addendwm. The addendum cheeked shall be incorporated into, <br />and recorded with, the Mortgage. The term aftrtgage" shall be deemed to <br />include •peed of Trust," if applicable. <br />X FNA ADDENOW <br />As long as (fie Mortgage is outstanding, the tender may declare all <br />sums secured by the Mortgage to be immediately due and payable if: <br />1a) all or part of the property is sold or otherwise <br />trans erred (other then by dwise, descent or operation of law) by <br />Borrower to a purchaser or other transferee: <br />(1) who cannot reasonablif he expected to 4COW the <br />property as a principal- residence within a reasonable. ttme <br />,after the silo or transfer, all al. provided in sectiod 143ee) <br />and 143(i)(2) of the Internal R9heneti Coda of 19", as. <br />amended; or <br />Iii3 who has-bad a present ownership interest in a <br />$rinc pa residence during any part of the three-year period <br />eroding on the date of the sale or transfers OU as provided in <br />Section 143(d) and 143(1)(2) of the lntemtt ft-venve Code <br />(except that the language 0100 percent' skrill be substituted <br />for 095 percent or more where the Tatter lippears in Section <br />143(4)(11); or J. <br />(iii) -at an acgvUltiowt'Cost which is greater than <br />90% of the average arvts. rchase price (greater then 11Oi for <br />targeted area residemol , all as provided in Section 143(e) <br />and 143(1)(2) q thr'.laeternal Revenue Code; or <br />(ir) who has an income in excess of-tbat esttblfshed <br />by the Nebraska Inveftmmat Finance Authoritytaker .ts ' <br />applicable regulations or program guidelines Im.effect cpw'''the <br />--- -• <br />wis yr irlt is if or tritliTer; Or ' <br />(b) Borrower fails to occupy the property described in the <br />Mortgage without lender's prior written consents or <br />(c) Borrower omits or misrepresents a material fact in an <br />application for the Mortgage. <br />References are to the Internal Revenue Code in effect on the date <br />of execution of the mortgage and are deemed to include the implementing <br />regulations. <br />VA MORTGAGE ADDENOlM <br />If, s¢ TO $ as the Mortgage. is outstanding, all or any part of the <br />Property is,toId'or transferred by Borrower without Lender's prior <br />written consent, other than a transfer by devise, descent or by <br />operation of law, tMCe Lender my, at Lender's. option, declare all the <br />sums second by the lAiortgage to be immediately due and payable. <br />February 6, 1989 <br />Borrower Roxie A. Stout . <br />rrower <br />State of Nebraska <br />ss. <br />county or-Mall <br />The foregoing instrument was acknowledged before me this 6th day <br />of February, A 8% by Roxie A Stout <br />witiy hanland nom sea a a n said County., <br />the date aforesaid. <br />!(a► <br />Ml Ibmm. Er iss i pi es: f�f <br />� <br />otary Public L MCLEAN ries <br />B <br />7 <br />89-- 100592 <br />e <br />:.a <br />