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89102145
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10/19/2011 11:28:47 PM
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10/20/2005 9:29:32 PM
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DEEDS
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89102145
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MORTGAGE ADDENDUM <br />-The following are addenda to the Mortgage. please check tke applicable addendum. The <br />addendum checked shall be Incorporated- into, end recorded with, the Mortgage. The term <br />"Mortgage" &hall be deemed to include "Deed of Trust," if applicable. <br />X FNA ADDENDUM <br />As long as the Mortgage is outstanding, the Lender may declare all sums secured by the <br />Mortgage to be Immediately due and payable if: w <br />(a) alt or part of the property Is sold or otherwise transferred (other th•sn by <br />devise, descent or operation of law) by Borrower to a purchaser or other transferee: <br />(1) who cannot reasonably ba expected to occupy the prop -^ty as a <br />principal residence within a reasonable time after the sate or transfer, all as <br />provided in Section 143(c) and 143(1)(2) of the internal Revenue Code of 1986, as <br />amended; or <br />(11) who has had a present ownership interest in a principal residence <br />during any part of the three -year period ending on the date of the sale or transfer, <br />ill as provided in Section 143(d) and 143(1)(2) of the Internal Revenue Code (except <br />r,hat the language "100 percent" shall be substituted for "95 percent or more" where <br />the latter appears in Section 143(d)(11); or <br />(ill) at an acquisition cost which is greater than 90% of the average area <br />purchase price (greater then 110% for targeted area residences), all ;a provided in <br />section 143(e) and 143(1)(2) of the Internal Revenue Code; or <br />(iV) who has an income in excess of that established by the Nebraska <br />investment Finance Authority under its applicable regulations or program guidelines <br />in effect on the date of the sale or transfer; or <br />(b) Borrower fails to occupy the property described' in the Mortgage without <br />Lender's prior written consent; or <br />(c) Borrower omits or misrepresents a material fact in an application for the <br />Mortgage. <br />References are to the Internet Revenue Code in effect on the date of execution of the <br />mortgage and are deemed to include the .Implementing regulations. <br />VA MORTGAGE ADDENDUM <br />if, so long as the Mortgage is outstanding, ell or any part of the property is sold or <br />transferred by Borrower without Lender's prior written consent, other than a transfer by <br />devise, descent or by operation of law, the Lender may, at Lender's option, declare all the <br />sums secured by the Mortgage to be immediately due and payable. <br />April 27, 1989 <br />Fate r GLASSER <br />g <br />T A hi e6LAS SE R — <br />State of Nebraska <br />HALL <br />,,,,_nty of ) 27th �pr l 11 9 <br />F!.aeIAB7u`ac, �DASbL rARIBnTI Nq IlEpiStEWed before me this _ day o <br />HUSBAND AND WIFE <br />by <br />Witness my hand and notarial seal at GRAND ISLAND In s 1141 county, the dal aforesaid. <br />My Commission Exp1reat 6 GEMERAL 1101ARY•Slateofi 5taska ' 6L <br />ROBERTA L REED y Y b <br />MY COMOL UP. MY 3. 19W RO BE t rTA pL RE E D <br />NIFA 1988 series D <br />
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