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89102598
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Last modified
10/20/2011 1:04:58 AM
Creation date
10/20/2005 9:34:22 PM
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DEEDS
Inst Number
89102598
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MORTGAGE AWEMDO <br />- " 89- 10259� <br />The following are addenda to the Mortgage. P ease cbetk the <br />applicable addendum. The addendum checked shall be incorporated into, <br />and recorded with, the N.ortgage, The term 'Y,ortgage' shall be deemed to <br />include "Deed of Trust,' if applicable. <br />X FHA ADVENDUM <br />As long as the Mortgage is outstanding, the Lender may declare all <br />sums secured by the Mortgage to be i=ediately 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 purciiaser pr other tfansferee: ' <br />(i) who cannot reasonably be expected to occupy the <br />property as a principal residence within a reasonable time <br />after the sale or transfer, all as provided in Section 143(c) <br />and 143(1)(2) of the Internal Revenue Code of 1986, as <br />amended; or <br />Oil who has had a present ownership interest in a <br />principal residence during any part of the three -year period <br />ending on the date of the sale or transfer, all as provided in <br />Section 143(d) and 143(1)(2) of the internal Revenue Code <br />(except that the language '100 percent' shall be substituted <br />for '95 percent or no-e' where the latter appears in Sectioi. <br />• 143(d)(11); or <br />(iii) at an acquisition, cos*_ which is greater than <br />so% of the average area purchase price (greater than 110; for <br />targeted area residences), all as prcviCed in Section 143(e) <br />and 143(1)(2) of the internal Revenue Code; or <br />(iv) who has an income in excess of that established <br />by the Nebraska Invest=ent 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 occupy the property described in the <br />hortgage wiiheut Lender's prior written consent; or <br />(c) ^Borrower omits or misrepresents a material fact in an <br />application for tl:e Mortgage. <br />References are t6 the Internal Revenue Code in effect on the date <br />of execution of Oe mortgage and are dee«xd to include the implementing <br />regulations. <br />VA MORTGAGE ADDENDUM <br />if, so long as the Mortgage is outstanding, all or any part of the <br />property is sold or transferred by Borrower without Lender's prior <br />written consent, other than a transfer by devise, descent or by <br />operation of law, the Lender may, at Lender's option, declare all the <br />sums secured by the Mortgage to be immediately due and payab;,e. <br />,, - "-iy 19, 1969 <br />atc 01owes�mothy Lpe a Hpl <br />State of Ne'raska <br />) ss. <br />County o. Nall <br />i <br />The foregoing instrum.er,t v,as acknowledged before me this 1 stlZ,j <br />of 19 by Time' h,v I e' } -{,)} and PTF -Ff�r= -._e r♦olloway <br />-� n sal county, <br />� Hess r,y hand and notarial seal at f;� :���. L. ,,_ �-1 <br />the date aforesaid. <br />X1AYcomm.Esp .ME. 12.199 Notary Public <br />NIFA 1988 Series B <br />r <br />
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