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r �^ .a <,y �p,,�'�s�- ,y.i.u� r^ �1{��'ali:� '�,' h-•s �1;Y�^� a -,x,- 7:tn <br />_ - �;•-• ....+ -r.,w. '.S°.3..�,- z"w- �`- ..- ..r•as x'r +�^^��• -`-+ �t. e y}J:,p;�,r--i t ":� ,� <br />w <br />10220 <br />MORTGAGE ADDENDUM <br />-The following are addenda to the Mortgage. Please check the applicable addendum. The <br />addendum checked shell be incorporated into, and recorded with, the Mortgage. the term <br />" Mortgaga" shalt be deemed to include "Deed of Trust," if applicable. <br />FCA ADDENDUM <br />As tong as the Mortgage is outstanding, the Lender may declare all sums secured by the <br />mortgage to be immediately due and payable if: <br />devise, descentoor part <br />peration proptrty is purchaser oraotherrtransfereQ :loan by <br />(1) who cannot reesonnbty be expected to occupy the property as a <br />principal residence within a reasonable time after the sale or transfer, all as <br />provided in Section 143(c) and 143(1)(2) of the Internal Revenue Code of 19r86. 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 sate or transfer, <br />el( as provided in Section 143(d) and 143(f)(2) of the Internet Revenue Code (except <br />that the language "i00 percent" shalt be substituted for "95 percent or +ore" where <br />the tatter appears In Section 143(d)(i1); or <br />(fit) at an acquisition cos: which is greater than 90% of the average area <br />purchase price (greater than 110% for targeted area residences), all as 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 9u;--felines <br />In effect on the date of the sate or transfer; or <br />e <br />(b) Borrower falls to occupy the property described in the Mortgage .'thout <br />Lender's orior written consent; or <br />(c) Borrower omits or misrepresents a materiel <br />{act in an application for the <br />Mortgage. <br />Re:.orences 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 />X VA MORTGAGE ADDENDUM <br />if, so long as the Mortgage '.s outstanding, all or any part of tie property is sold or <br />transferred by Borrower without Lender's prior written consent, other thorn a transfer by <br />devise, descent or by operation of law, the Lender may, at Lender's uition, declare all the <br />sums secured by the Mortgage to be immediately due and payable. <br />April 28, 1989 <br />8 rrowe <br />Date KIT J KARR <br />�8orrower <br />ANNE M KARR <br />State of Ribraska ) <br />HALL ) ss. <br />County of ) <br />K ftGJfRMNIP � ur r s acknowledged before me this <br />28th _day o4Pril #9 <br />HUSBAND AND WIFE <br />by - <br />GRAND ISLAND in lotry ounty, the dat aforesaid. <br />Witness my h.nd and notarll:. :eel at �••_ My Commlaalon Exptrea� GEN[RA1NUlARY- bt3leolti :`teSka RODERTA L. HEED Public <br />f � ` try Comm. Esp. July 30, 1911 ROF,E RTA L REED <br />MIFA 1988 series D <br />