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1 _ 1 85090 -1 -20 • MORTGAGE ADDENDUM . 89.... 141384 The foltowine are addenda to the Mortgage. Please check the applicable addendum. The addendue checked shalt be incorporated into, and recorded with, the-Mortgage. The term ■mortgages shall be, deemed to include *Deed of Truat,s if applicable. FRA ADDENDUM As long as the Mortgage is outstanding, the tender may declare all suns secured by the Mortsage to be immediately due and payable if: (a) alt or parQ , of the. Fr irpr,Yy is` sdevise, descent or oprrrt,.Oam of Lari.1,Ok'Sorrover to a purchaser or other transferee: (I) xhu cannot reos.ifT04ty be expected to occupy the property as a principal res.fde!nce within a '.rrxiaionoble time after the sale or transfer, all as provided in Section 143(c) and.'S'43(i)(2) of the Internal Revenue Code of 1986, as amended; or (if) kQ has had a present qutitrshl.p- .interest In a principal residence during any po.6i,iaf the three -year period .. no ern the date of the sate-or transfer, all as provid6d:in Section 143(d) and 143('t;nQ2) of• t'te Internal Revenue•Code (except that the l8f4urge 0100 percent^ shell be tabstituted for ^95 percent. ;ar more'$ where the latter appears fn Se "f,on 143(d)(11); at an rr!�uisition cost whiclr.'As greater than' ,'OG1 .f' tfi,- average area purchase price (greater than Itat. for• terg-±.ted area restdenc�lv3 et'.t Aar. provided in Section 143(e) and 143(1)(2) of the Internal 'Revenue Coda; or (iv) who has an income in excess of glint established the Nebraska Investment Finance Authority under its spftl:.1 :64ohla = -r_ ,aulations or program guidelines In effect on the date of the sale or transf.er.;;or..:". " (b) Borrower fails to occupy the property ducr.ibed in the Mortgage without- Lender's prior writtem- consent; or (c) Borrower omits or misrepresents a material fact in an application for the Mortgage. References are to the Internet Revenue Code in effect on the date of execution of the mortgage and are deemed to include the implementing.regutationa. VA MORTGAGE ADDENDUM If, so long as the Mortgage is outstanding, all or any part of the property is sold or transferred by Borrower without Lenders prior written consent, other than a transfer by devise, descent or by operation of low, the Lender may, at Lenders option, declare all the sums secured by the Mortgage to be immediately due and payable. March 17, 1989 D•te eorrowe Timothy E. Olson Borrow ev Kristine J. Olson State of Nebraska County. of Hall ) ss. The foregoing instrument was acknowledg.ed before me this 17th day of Mar,217 tg89 by mnrly E. Olson and Kristine J. 0lsoxiy husband and wife, Witness my hand and notarial seal at in said county, the date aforesa.ic^. My COMMission Expires C9NNIE b�� 11 �� Not ay Public YI Coma LrtO }�"� MIFA 1983 Series D L i- s i t �J NJ