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89-== 100°701 <br />2 «060Q855 <br />MORTGAGE /ADDENDUM <br />The following are addenda to the Mortgage. Please check the applicable adden•• <br />due. The addendum checked shall he incorporated into, and recorded with, the <br />Mortgage. The term "Mortgage" shall be deemed to Include "Deed of Trust ", if <br />applicable. <br />rXX FHA ADDENDUM <br />As long as the Mortgage is outstanding, the Lender may declare all aura secured <br />by the Mortgage to be immediately due and payable if: <br />(a) all or part of the property Sp Bold or otherwise transferred <br />(other than by devise, descent or operation of law) by <br />Borrower to a purchaser or other transferee; <br />(i) who cannot reasonably be expected to occupy the' <br />property as a principal residence within a reason- <br />able tine after the sale or transfer, all as <br />provided in Section 143(c) and 143(1)(2) of the <br />Internal Revenue Code of 1986, as amended; or <br />(11) who bes had a pre.ent ownership interest -1- a <br />principal residence during any part of the three - <br />year period ending on the date of the sale or <br />transfer, all as provided in Section 143(d), and' <br />143(1)(2) of the Internal Revenue Code; or <br />(iii) at an acquisition cost which is greater than 902 <br />of the average area purchase price (greater than <br />.1102 for targeted area residences), all as provid- <br />ed in Section 143(x) aid "143(1)(2) of the Inteiaal <br />Revenue Code: or <br />(iv) who has an income in excess of that established-by <br />the Nebraska Investment Finance Authority under <br />Its applicable regulations or program guidelines <br />In effect on the date of the sale or transfer; or <br />(b) Porrower fails to occupy the property described: in the <br />Mortgage without Lender's prior written consent; 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 of execution <br />of the Mortgage and are deemed to Include the implementing regulations. <br />9A MORTGAGE ADDENDUM <br />If, so loses as the Mortgage is outstanding, all or any part of the property is <br />sohit` 6i :transfarriA'.by Borrower without Lender's pr16Z.written consent, other <br />alas. *_ %transfer by devise, descent or by operation of law, the Lender may, at <br />Lendij's. option, declare all the sums secured by the Mortgage to be immediately <br />due and •Viyable. <br />Dte s <br />Borrower KEVIN E. VKGNER <br />n. 'z7e 7i <br />3-orrower LORI L. WA GAR <br />State of Nebraska ) <br />) Ga. <br />County of ) <br />The foregoing instrument was acknowledged before me this <br />F9WVAPAf , 14,E -, by <br />Witness my hand and notarial seal at <br />county, the date aforesaid. <br />My commission expires: ..?� /' /� • <br />Notary Public <br />MM! NA. N MlOnslt <br />4010-15 PATRICIA AIGiA A. M/1fEilq <br />w ZTMA EPA f. 21,1 <br />day of <br />In said <br />1 <br />f ' <br />