Laserfiche WebLink
r 14ORTGAGE A00Ee0i1M <br />1 <br />The following are addenda to the Mortgage. PTease check the <br />applicable addendum. The addendum checked shalt be ittcor 89-- �° ::. .:::...:...... <br />irUas! tnto,:, <br />and recorded with, the Mortgage... The terra "6Tortgag" shal_i; <br />i include ,'need of Trust,"- if applic&hT&,. <br />lit;: toiig'.as 1 :Ifio*tgAM' is outstandin the Lender <br />'. sums secured' by"the Mortgage to be immediately due and payibiecif all <br />(a) all or part of the property is sold or otherwise <br />transferred (other than by devise, descent or operation of law) by <br />Borrower to a purchaser or other transferee: ' <br />L <br />�t <br />. f <br />(1) who cannot reasonably be expected to occupy the <br />property as a principal residence within a reasonable time <br />after the sale or transfer, all as provided in Section 143(c) <br />and 143(1)(2) of the internal Revenue Code of 1986, as <br />meended; or <br />(it) who has had a prevent ownership interest in a <br />principal residence during any part of the three-year period <br />ending on the date of the sale or transfer. all as provided in <br />Sactfon 143(d) and 143(1)(2) of the internal Revenue Code <br />(except that the language 0100 percent" shall be substituted <br />for 095 percent or more where the latter appears in Section <br />143(d)(11); or <br />(111) 'at an acquisition cost which is greater than <br />90% of the average area purchase price (greater than 110% for <br />targeted area residences), all as provided i�e.5eetia3a.143(s) <br />and 143(1)(2) of the Internal Revenue Code; or <br />(iv) who has an income in excess of that established <br />by the Nebraska Investment Finance AuthICKly under its <br />applicable regulations or program guideTt.r4s in effect on the <br />date of the sale or transfer, or <br />(b) Borrower fails to occupy the property described in the <br />Mortgage without Lender's prior written caxmt; or <br />(c) Borrower omits or misrepresents a material fact in an <br />ep?lication for the Mortgage. <br />References are to the Internal Revenue Code to effect or, the date <br />Of executfon of the mortgage and are deemed to 1mzt:,Yde the fnip;emienting <br />regulations. <br />'VA MORTGAGE AMENOUM <br />If$ so long as the Mortgage is outstanding, all or any part of the <br />P0 <br />pro"t' +1 is sold or transferred by Borrower without `Lender's prior <br />written consent, other than a transfer by devise, descfant or by <br />operation of law, the Lender may, at Lender's opticr, de,:2are all the <br />sues secured by tMe Mortgage to be immediately due aril ;?.yabte. <br />FEBRUARY 28, 1989 <br />e Borrower orroiror tt <br />guo er Opp e e Ott B. <br />State of Nebraska <br />County of Hall ss. <br />The foregoing instrument was a kngw1 d ed bef me this 28 day <br />of �� ig 89, by Rober€ A. 'S�oppka a and Susmr6. �toppkotte <br />ness my ham and noTa—rral seal at n Sato coin - <br />the date aforesaid. <br />My Cowl ssiog .Expires• - <br />1 Matary public <br />NAr�s1a <br />A 19iK1>111Mb&WLELLAN <br />M}i�lleiR Ely Ark iZ 1992 <br />J <br />R� V. <br />.f- <br />i <br />r' <br />�. w <br />