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r' MORTGAGE ADDENDUM 89- The following are addenda to the Mortgage. Please check the 1013'76 applicable addendum. The addendum checked shall be incorporated into, and recorded with, the Mortgage. The term 'Mortgage" shall be deemed to include 'Deed of Trust .° if applicable. XX FHA ADDENDUM As long as the Mortgage is outstanding, the Lender may declare all sums secured by the Mortgage to be immediately due and payable if: (a) all or part of the property is sold or otherwise transferred (other than by devise, descent or operation of law) by Borrower to a purchaser or other thaesferee: ' (1) who cannot reasonably be expected to occupy the property as a principal residence within a reasonable time after the sale or transfer, all as provided in Section 143(c) and 143(1)(2) of the Internal Revenue Code of 1986, as amended; or (ii) who has had a present ownership interest in a principal residence during any part of -the three-year period , ending on the date of the sale or�.Vnoi6sfer, all as provided in Section 143(d) and 143(1)(2) of V4v: rbernal Revenue Code (except that the language 1100 pere72fs'' shall be substituted for•09S percent or anra where the34*r appears in Section 143(4)(11); or (iii) at an acquisition cost which is greater than WSef.the average area purchase price (greater than 110% for tar"d area residences), all as provided in Section 143(e) and 143(1)(2),0, the Internal Revenue:Cizde, or (fv) i:' w� has an income in ervmss of that established �Y tale y r• a rmv*stannt finance Aatdt rity under its 4;:t114tWe re'�cletions or program gutdtlines in affect on the ; date of the sake or transfer; or (b) Borrower fails to occupy the pm;erty described in the Mortgage without Lender's prior written consent; or - (c) Borrower omits or misrepresents a material tact in an ; gpllcation for the Mortgage. Raf+erences are to the Internal Revenue Cie in effect on the dtto. of iimatfot of the mortgage and are deemed to include the imptewntfrg regulatf*nT. •YA MORTGAGE ADDENDUM If, so long as the Mortgage is outstandtrr;, all or any part of the p ,0 ;erty is =t.4 or transferred by Borrcrer without Lender's prior :r;ritten eoaseai other than a transfer lsr drevise, descent or y alewro by the the Lender Mortgage ybeI at tender's mediateLy due and declare tthe payable. o March 17 1989 to Urro rLoren A. oecker zZ Ut4d i rower an ra K. Noec er State of Nebraska ss. county of Hal The foregoing instrument was acknowledged before me this 1 7 thday of March , 19 8% by Loren A. Noecker & San rd K. 1 VWn- ss my haw-and no -ar • sea a sa Yh the date afo- -said. . orals An % ires: 6 I�O)� am11 §*&:u Notary Public UCLEUAN 2A I I& Iowa i� cker r ' I J