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w <br />1 <br />89- 101538 <br />EXHIBIT E <br />MORTGAGE ADDENDUM <br />The following are addenda to the..Mo_tgage. Please check <br />the applicable addendum. The addendum che.ked shall be <br />incorporated into, and recorded with-1, the Mortgage. The term <br />"Mortgage" shall be deemed to include .'° Deed. !a': Trust," i� <br />applicable. <br />X FHA ADDENDUM <br />As long as the Mortgage is outstanding, the Lender may <br />declare all sums secured by the Mortgage to be immediately <br />due and payable if: <br />(a) all or part of the property.is sold-or other- <br />wise transferred (other than by devise,-descert or <br />operation of law) by Borrower to a pur;. Gser :r other <br />transferee: <br />(i) who cannot:reasolably be expected to <br />occupy the property as a principal residence within <br />a reasonable time a -ter the sale or transfer, all <br />as provided in Section 143(c) and 143(i)(2) of the <br />Internal Revenue Code of 1986, as amended; or <br />7308n <br />(ii) who has had a present ov}ners'_zp interest <br />in a principal residence during any part of the <br />three -year period ending on the date of the sale or <br />transfer, as: as provided in Section 143(d.) and <br />143(i)(2) cif the 'aternal Revenue Code (except that <br />the language "100 percent" shall be substituted for <br />"95 percent or more" where the latter appears in <br />Section 143(d)(11); or <br />(iii) at an acquisition cost which is greater <br />than 90% of the average area pur:hase price <br />(greater than 110% for targeted area residences), <br />all as provided in Section 143(e) and 143(i)(2) cf <br />the Snternai Revenue Code; or <br />(iv) who has an income in excess of that <br />established by the Nebraska Investment Finance <br />Authority under its applicable regulations or pro- <br />gram guidelines in effect on the date of the sale <br />or transfer; or <br />i <br />0 <br />W <br />y' <br />1" <br />t� f` <br />r- <br />