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F <br />1 <br />KOR1GAtt ADDENDUM <br />89-- 101130 <br />The following are addenda to the Mortgage. Please check the <br />applicable addendum. The addendum checked shall be incorporated, into,, <br />and recorded with:, the Mortgage. The term "Mortgage" shall be deemed to <br />include 'Deed of Trust." if applicable. <br />X FHA ADDENDUM <br />As long as the Mortgage is outstanding, the Lender may.,declare ail; <br />: sums secured by the Mortgage to be iMediately due and payable if:: <br />(a) all or part of the property is sold or otherwise <br />transferred (other than by devises descent or operation. of. law); by: <br />Borrower to,a purchaser or, other transferee: . <br />(i) who cannot - reasonably be expected.to occu9y.the <br />,property as a principal residence within a reasonable time <br />after the sale or transfer,.ail as provfded in Section. 143(c)) <br />and 143(1)(2) of the Internal. Revenue Code of 1986- . .as <br />amended; or <br />(11) who has had a present ownership inte:•est.im a. <br />principal residtnce during any part of the three -yUr r;*T10 <br />ending on the date of the sale or transfer,, all as.p-0-vided in <br />3ecttoil 143(d) and 143(1)(2) of the Internal - RP-Xzr..� CC& <br />(ex=_At that the language 0100 percent' shall, be siuhtituted <br />fcn• 133 perceryt or more' where the latter appears ioi Section. <br />143(d)(llh ®r- <br />(iii) -at an acgeisittnn cost which is greater. than <br />V.r. of the average area,pp�urchase price (greater than 110% for <br />targated area residencesA, all as provided;in Section.143(e). <br />and 143(1)(2) of the Internal Rellemse Codes or. <br />(iv) who has an income jcs - excess of that established <br />by the Nei ms(ra Investment Finance ftthority under. its <br />ep�Ttrcablre regulations or program guidelines in.effect on the <br />&tie a-f t-t,ss, sale or transfer; or <br />(b) for -*wr falls to occupy the property dos. «ribed in the <br />Mortgage with&rvt lender's prior written. consent; or <br />(c) orrower its or misrepresents a material fact in an <br />application <br />References are to the Internal Revenue Code in ef°,ett on the date <br />of execution of the mortgage and are deemed to tne, -Uda :tea implementing <br />regulations. <br />• vA tlll€1'GAGE .ADDENDUM <br />If, sot ?ang as i la Mortgage is outstanding, all or any part of the <br />written comsat, other then a transferrby devise, deso�at or prior <br />operation cf 18w, the Lender may, at Lender's option, ddtlare all the <br />sums secured by the Mortgage to be iemedie ely u ?ice y e• <br />w, <br />March 6, 1989 6 ' <br />Date orrower !o± rk Aleber <br />orrower Diane € !! <br />State of Nebraska ? <br />) ss. <br />County of Hail. 3 <br />The foregoing instrur!ent w s ck owIe.�¢S b2Fq,)T f:e this 6th dayi,� <br />of f�arch 19 89 . by Wv f. �leber a-ict Diane N. tMtlur <br />tness my nano and notarial sea at ran s an n said tour y, <br />the date aforesaid. <br />6 MCLUTAN Rotary Public <br />Eq Ast,1Z 1992 <br />1 <br />i <br />J <br />v <br />u <br />1` <br />