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<br />MOATGAGE ADDENOflM
<br />89- 10226
<br />The following are addenda to the Mortgage. please check the
<br />andlrecorded The Tchecked-shall tr Mortgage' Oellllrbee eemed,to
<br />include *Deed of Trust, if applicable.
<br />X FRA AWERM
<br />As long as the Mortgage is outstanding, the Lender may declare all
<br />sues secured by the Mortgage to be insediately due and payable if:
<br />(a) all or part of the . property is sold or otherwise
<br />transferred (other than by devise, descent or operation of law) by
<br />Borrower to a purchaser or other t0aasf"W-.
<br />(i) whO ¢cannot rUSOnably be expected to occupy the
<br />property as a prirs*: pal - restance within a reasonable time
<br />after the sale or transfer, alt as provf dad in Section 143(c)
<br />and 143(f )(2) of the Internal ftvenue Code of 1986, as.
<br />amended; or
<br />(11) "k, 1*1 had a present ownership interest In a
<br />Principal reside>roM.-.. Suring} any part of .the three -year period
<br />endinq.csrr e.�+e. i*-Of, the Wt-.Or transfer, all as Ricvided in
<br />Seetift, LQv'l, P:+ettlai 143(iif 2)t!mt11!; the Internal Revenue: C'We
<br />. (except ."_ Sangua •1';. percent* shall be substituted
<br />' 143(dj�113;cor .!ar,mre where the latter appears in Section
<br />(i11) at an "istitaon cost which Is greater than
<br />90% of the average area purcMse price (greater than 110% for
<br />targeted area residences), All as provided in Section 143(e)
<br />and 143(1)(2) of the Internal Revenue Code; or
<br />(iv) who has an incooe in excess of that established
<br />by the Nebraska InViStIont Finance Authority under its
<br />applicable regulations or program guidelines in effect on the
<br />date of the sale or transfer; or
<br />(b) Borrower fails to oscupY the property described In the
<br />iit�'Q;aye wfthout Lender's prior written consent; or
<br />(c) Borrower omits orals
<br />*Vlication for the Mortgage. reprerents a material feet in an
<br />A*ferences are to the E� gal Revenue Code in effect On the date
<br />Of e*ttution of the mortgagt•apd jrik dfreeaed to include the implementing
<br />regulations.
<br />•YA MORTL46E ADDENMIN
<br />1f, so long as the Mortgage is Outstanding, all or any patr:of the
<br />writtenyconsent. otherathin a4 trannsferbydevise, descent Lender's
<br />or prier
<br />operation of law, the Lender may, at Lender's option, declare all the
<br />sues soured by the Mortg3 er to be lawedlately 9" and payable.
<br />-Mat* 1._Z 0
<br />vale
<br />wrrumr Vicki J: Me ,s k
<br />State of Nebraska
<br />County of Hall ss.
<br />The foregoing instrumenIt sans acke-owtedged before me this 1 Stday
<br />of Max , 19 89, by Bradley A. f+lensik 8 Vicki J:—Mff ;sik
<br />nwf e�ss'wy han`a and noiarlis seat/ a ran slan n said county,
<br />the date aforesaid.
<br />1 ([1
<br />R IMAM ti ,EC(ati Notary public
<br />/ Our 14 1 92
<br />1 er e
<br />•r
<br />a
<br />Jpy„•
<br />r`
<br />F
<br />t,
<br />MOATGAGE ADDENOflM
<br />89- 10226
<br />The following are addenda to the Mortgage. please check the
<br />andlrecorded The Tchecked-shall tr Mortgage' Oellllrbee eemed,to
<br />include *Deed of Trust, if applicable.
<br />X FRA AWERM
<br />As long as the Mortgage is outstanding, the Lender may declare all
<br />sues secured by the Mortgage to be insediately due and payable if:
<br />(a) all or part of the . property is sold or otherwise
<br />transferred (other than by devise, descent or operation of law) by
<br />Borrower to a purchaser or other t0aasf"W-.
<br />(i) whO ¢cannot rUSOnably be expected to occupy the
<br />property as a prirs*: pal - restance within a reasonable time
<br />after the sale or transfer, alt as provf dad in Section 143(c)
<br />and 143(f )(2) of the Internal ftvenue Code of 1986, as.
<br />amended; or
<br />(11) "k, 1*1 had a present ownership interest In a
<br />Principal reside>roM.-.. Suring} any part of .the three -year period
<br />endinq.csrr e.�+e. i*-Of, the Wt-.Or transfer, all as Ricvided in
<br />Seetift, LQv'l, P:+ettlai 143(iif 2)t!mt11!; the Internal Revenue: C'We
<br />. (except ."_ Sangua •1';. percent* shall be substituted
<br />' 143(dj�113;cor .!ar,mre where the latter appears in Section
<br />(i11) at an "istitaon cost which Is greater than
<br />90% of the average area purcMse price (greater than 110% for
<br />targeted area residences), All as provided in Section 143(e)
<br />and 143(1)(2) of the Internal Revenue Code; or
<br />(iv) who has an incooe in excess of that established
<br />by the Nebraska InViStIont Finance Authority under its
<br />applicable regulations or program guidelines in effect on the
<br />date of the sale or transfer; or
<br />(b) Borrower fails to oscupY the property described In the
<br />iit�'Q;aye wfthout Lender's prior written consent; or
<br />(c) Borrower omits orals
<br />*Vlication for the Mortgage. reprerents a material feet in an
<br />A*ferences are to the E� gal Revenue Code in effect On the date
<br />Of e*ttution of the mortgagt•apd jrik dfreeaed to include the implementing
<br />regulations.
<br />•YA MORTL46E ADDENMIN
<br />1f, so long as the Mortgage is Outstanding, all or any patr:of the
<br />writtenyconsent. otherathin a4 trannsferbydevise, descent Lender's
<br />or prier
<br />operation of law, the Lender may, at Lender's option, declare all the
<br />sues soured by the Mortg3 er to be lawedlately 9" and payable.
<br />-Mat* 1._Z 0
<br />vale
<br />wrrumr Vicki J: Me ,s k
<br />State of Nebraska
<br />County of Hall ss.
<br />The foregoing instrumenIt sans acke-owtedged before me this 1 Stday
<br />of Max , 19 89, by Bradley A. f+lensik 8 Vicki J:—Mff ;sik
<br />nwf e�ss'wy han`a and noiarlis seat/ a ran slan n said county,
<br />the date aforesaid.
<br />1 ([1
<br />R IMAM ti ,EC(ati Notary public
<br />/ Our 14 1 92
<br />1 er e
<br />•r
<br />a
<br />Jpy„•
<br />r`
<br />
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