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'tea. 1 r M 1014 � - �- - -- MORTGAGE ADDENDUM 89- 100788 The following are addenda to thi.Hortgage. Please check the applicable addendum. The addendum checked shalt be incorporated,: into, and recorded Kith, the Mortgage. The term `Mortgagou shall bt. deemed to include "Deed•of Trust." if applicable_ fMA ADDENDUM As long as the Mortgage is outstanding, the Lender may dectere alt sums secured by the Mortgage to be immediately due and payabte•if; (a) all or part of the property is sold or otherwise transferred totir.tr than by devist, descent or operation-of law). by abrrower to a purchaser or other transferee: ti) who cannot reasonably be expected to occupy the property as a principal residence Within a repsonebte t1mt after the sale or transfer, all ms provided fti Section 143(c) and.143(i)(2) of the internal Revenue Code of 1986, as .A0enda!4' or' :g0.U�: who has had, a •pr¢lsent ownership interest in a principal residence tfuYin •= cnY part of the three- yefle-- .period ending on the date of the sale or transfer, all ss.pmvided in Secti-on 143(•ii$:and 143(1)(2) of the internal Revenue Code (except that the language 11100 peresiit-,ehall be substituted for °95 percent or more" where the latter appears in Section 143(4)(11); or • (iii) at an acquiaitiot cost is greater than 90% of the sv-ertge area purchase price Orester than-. 110% for 'teirge:ted area residences), all as przv- ded in Section 143(e) and 1430)4Z) at the internal.' aevenue Code; or (iv) who has an - •income in excess of that estsblis'e4 by the Nebraska Investment Finance Authority under its applicable regulations or program guidelines in effes:t on the date of the sale or transfer; or (b) gorraver fails to occupy the property described in the Mortgage with* :gut' Lenders prfmr written consent; or (0 flor;c1b'fer omits or misrepresents, ,e material fact in. an appl icatuen..for .%6e Mortg)vr4. References ale to the lnterr.%'i. .Reverc:•a 'tvfe n retfect on the date.. of execu�tficnn of the mortgmge and are they id to include the implemen.y.i.T+p re;jQ�aeions. VA fPaiTGAGE: ADDENDUM If, so long as the Mortgage is outstanding. alt or any part of the property is sold r_r transferred by Borrower without Lenderts prior written consent, other than a transfer t,r_ devise, descent or by operation of law, the Lender may, at Lenderts option, declare all th e sums secured by the Mortgage to be immediately due and payable. February 15, 1989 Date State of Nebraska ) sa. County of Hall ) Borrower David H. Hares Borrower The foregoing instrument was acknowledged before me this 15th day of February , 19„$,Q, by Vavld W. Harms, a single person Nebraska Vitness my hand and notarial seen otGrM iclanri_ in said cyunty, the date aforesaid. My Commission Exp, ass: 1t S.iIALES L�►y�.�� j NIfA 19813 Series 0 of 01ti1.u'ia Motary Public L.� U F'. `s W