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_ t <br />w ? <br />85077 --1 -20 <br />101529 <br />• MORTGAGE ADDENDUM <br />The following ere addenda to the Mortgage. Please check the apptfeabte addendum. The <br />addendum eheekeL shall be incorporated into, and recorded with, the Mortg:egc. The term <br />"Nartgaga" shall be- deemed to include "Deed of Trust," if applicable. <br />X FNA ADDENDUM <br />As tong as the Mortgage is outstanding, the lender may declare alt sums secured by the <br />Mortgage to be iamediately due and payable if: <br />Ca) sit. or part of the property is sold or otherwise transferred (other then by <br />devise„ desu✓ent or operation of law) by Borrower to a purchaser or other transferee: <br />Cf:3a who cannot reasonably be expected to occupy the property as a <br />prin+ei:paf residence within a reasonable time: after the sale or transfer, all as <br />-gr -tbvIded in Secticn 143(c) and 143(1)(2) of the Internal Revenue Code of 1486, as <br />`,eaended; or <br />(ii) who; has had a present ownership interest in a principal residence <br />during any part of the tftree•year period ending on the date eV tfre sate or transfer, <br />all as provided in Section 143(d) and 143(1)(2)• of the lnternmV.Meivenuo Code (except <br />that the language 0100 percent" shalt be substituted far '795 ;p'eecent or more" where <br />the latter appears in Section 143(d)(11); or <br />(iii) at an acquisition cost which is greater thait:9J1% of tics average area <br />purchase price (greater than 110% for targeted area reside ^cis)„ aLt as provided it <br />Section 143(e) and 143(1)(2) of the Internal Revenue Code; or. <br />(iv) uhic has an income in excess of thaw established by the Nehs33ka <br />Ynvestment FirancLw A Othorlty undtr its applicable regulations or program eVidelir.es <br />fin effect on the da:2e'zf the sate or transfer; or <br />(b) tzfrat*ec ,faits to cccupy the property described in the Rartgage withDuT <br />le�:dzr's pri:F ,iFiC ±eM <br />consent; or <br />(c) Borrower omits or misrepresents a material fact in an application for the <br />Mortgage. <br />References are to the Internal Revenue Code in effect on the date of execution of the <br />mortgage and are deemed to include the implementing regulations. <br />VA MORTGAGk ADDENDUM <br />If, so long as the Mortgage= is outstanding, ail or any part of thr property is Solt <br />transferred by 'Scrrower without Lender's prior written consent, other thaw a transfer Gy <br />devise, descent or by iperation of law, the Lender maw, at Lender's opticn, declare ale v6e <br />suns secured by the Mortgate'to be immediately due and payable. <br />March 7-4, 1989 ' <br />Date Borrower <br />David R. Butler <br />a 0 'IT-Weril Judy K. Butler <br />State of Nebraska ) <br />ss. <br />County of XlI ) <br />The foregoing instrument was acknowledged before me this 24th day of March 1989, <br />by <br />VdVM K. butler and Judy.K ut ear s §and anti wife, <br />Witness my hand and — -- -I ;•G1"dn �S an g. in said county, the date aforesaid. <br />1111Mi 10TARY -SM12 el N�Sra;:a Nebraska. <br />My Commission Expiress CONNIE S. BALES <br />l!1► 61111! f)p QCf. it,195 <br />Notary Public <br />NIFA 1486 Series 0 <br />L L <br />J <br />i <br />sR <br />IF <br />s!. <br />J. <br />,,14 <br />��l <br />r <br />