Laserfiche WebLink
88-- 106906. <br />' <br />MORTGAGE AOOtNOYM RE f ON 7 <br />The following are addenda to the Mortgage. Please chock the applicable ad4*ndua. The <br />addendum cha*kad shatt be incorporated into, and recorded with, the Mortgage. The term <br />sMarteagea *halt be deemed to include no ad of Trust,a if applicable. <br />XR PNA AOOtNOYM <br />As long as the Mortgage is outstanding, the Lender. may declare alt suss secured by the <br />Mortgage to be immediately due and payable ifs <br />(a) all or part of the property is sold or otherwise transferred (other than by <br />devise, descent or operation of law) Ey Borrower to a purehaser.or other.transf*ree: <br />(1) who cannot reasonably be expected to occupy the property as a <br />prineipat residence within a reasonable time After the s *lie o•r transfer, all as <br />provided in Section .143(•) and 143(1)(2) of the Internal Royemo Code a,f. 1986, as <br />emended; or <br />(11) who has had a present ownership Interest in-* principa@ residence <br />during any part of the thee* -year period ending on the•doto of the sale be transfer, <br />all as provided.' to Section 143(d) and 143(1)(2) of ths'lpternal Revenue Code (except <br />that the language "100 percent* shall be substituted'for 895 .percent or nor *• where <br />the tatter apps *.cs in Section 143(d)(11); or <br />CM) at an acquisition cost which is greater then 90% of the average area <br />purchase price (greater than 11OX-for targeted area residences), all as provided in <br />Section 143(e) and 143(1)(2) of the Internal Revenue Code; or <br />( ir3 , who has an . 1n**&* ,.:' In excess of that established by the Nebraska <br />Investmam finance AutherBty under its applicable regulations or . program suidettnes <br />In effect on the date of %he> sale or transfer; or <br />(b) Borrower faits to occupy the property described in the Mortgage without' = <br />Lender's prior wrfttiet consent; or <br />or aierepresente a. _eterint- fact-'- iT. -_a l,�jlt:Ll�iL'S: for the T <br />- Mortgage. - ._.._.. <br />a References are to the Internet Revenue Code in effect on the date of execution of the <br />nortgage and or* deemed to include the implementing regulations. <br />vA MORTGAGE ADDENDUM <br />If..,.-*a --tong as the Mortgage is outstanding, all or any part of the property is sold or <br />-- transfarred by Borrow *r without Lender's prior written consent, other than a transfer by <br />devise,..el*scent or by ;operation of law, the Lender lay, at Lender's option, declare all the <br />suns seeur *d by the Mortgage to be immediately due and payable. <br />12 -21 -88 \ <br />oat* Borrower Daniel D. lfaianj o <br />11,4 J1 <br />o rower arinua N ,ar <br />State of. Nebraska. ) <br />County, of, Half y; ss. <br />Tire. foregoing instrument was acknowledged before me this _21st,- day of i1poaimlyaw• <br />by Daniel D. Naranjo and Korinna J Naranjo. <br />Witness my hand and riaterial seat at Grand IalanAin sal county, the date aforesaid. <br />My Commission Expires: , <br />NOTARY-SON of � Note y Public <br />R08ERTA L REED <br />NIFA 1988 Series D MiamE*J*3Qin � <br />h <br />