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89102669
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89102669
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Last modified
10/20/2011 1:17:07 AM
Creation date
10/20/2005 9:35:03 PM
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DEEDS
Inst Number
89102669
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MORTGAGE ADDENDUM UV— 102669 <br />The following are addenda to the Mortgage. Please check the applicable addendum, the <br />addendum checked shall be incorporated into, and recorded with, the Mortgage. The term <br />"Mortgagee shalt be deemed to include "Deed of trust," if applicable. <br />FNA AODEMOU14 <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 />(a) sit or part of the property 4s sold or otherwise transferred (other then by <br />devise, descent or operation of taw) by Borrower to a purchaser or other transferee: <br />(1) who cannot ressonabiv be txpected to occupy the property as a <br />principal residence within a reasonable tfoe after the sale or transfer, all as <br />provided In section 143f0 and 1430)(2) of the lnteet<al Revenue Coda of 19116. 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 />all as provided in Section 143(d) and 143(1)(2) of the Internal Revenue Code (except <br />that the language 11100 percent" shall be substituted for 1195 percent or more" where <br />the latter appears in Section 143(4)(11); or <br />(iii) at an acquisition cost 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 M(s) 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 data of tine sale or transfer; or <br />(b) Borrower faits to occupy the property described in the Mortgage without <br />Lender's prior written consent; or <br />(c) Borrower omits or misrepresents a material foci in an application for the <br />Mortgage. <br />Ref . .g ee ere te the t •. nwi pt •nue rnrff in affect on the date of execution of the } <br />mortgage and are deemed to include the Implementing regulations. <br />VA MORTGAGE ADDENDUM sa. <br />If. so tong as the Mortgage is outstanding, all or any part of the property is sold or <br />transferred by Borrower without Lender's prior written consent, other than a transfer by 3� <br />devise, descent or by operation of low, the lender may. at Leader ^s option, declare all the <br />sums secured by the Mortgage to be immediately due and payable. <br />MLLJ 2 5 L989 i t ,r� <br />0sit0 orrower <br />C ATI*, RI W.. ANN P(Tft'i'E R <br />8orrawer. <br />State of Mebraske ) <br />ss. <br />County ofh1ALL 1 <br />The foregoing Instrument was acknowledged before me thisgg;C, a day *A3 <br />CATHERINE ANN PORTER <br />byA SINGLE PERSu i <br />Witness my hand and notarial seal at{;Rabin TQ1A AN in said county, the date aforesaid. <br />My commission Expires, <br /><. OOBEHTA L. REED Mot y Public <br />MT fc:i: � F.t7 MY 31 ;ql;, <br />NIFA 1968 Series 0 ROBFkTA L REED <br />i <br />R <br />
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