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'1 MORTGAGE ADDFNDUM 2206009 19- 10268? The following are addenda to the Mortgage. Please check the applicable adden- dum. The addendum checked shall be incorporated into, and recorded with, the Mortgage. The term "Mortgage" shall be deemed to include "Deed of Trust ", if applicable. XX FHA ADDENDUM As long as the Mortgage is outstanding, the Lender may declare all swans secured by the Mortgage to be immediately due and payable if: (a) all or part of the property is sold or otherwise transferred (other than by devise, descent or operation of law) by Borrower to a purchaser or other transferee; (i) who cannot reasorAbly be expected to occupy the property as a principal residence within a reason- able time of ter the sale or transfer, all as provided in Section 143(c) and 143(()(2) of the Internal Revenue Code of 1986, as ame'vAed; or (ii) who has had a present ownership Interest in a Primcipal. residence during any part of the three - year pericd ending on the date of the sale or transfer, all as provided in Section 143M and 143(1)(2) of the Internal Revenue Code;, or at an acquisition cost which is greater than 903 of the average area purchase price' (greater than 110% for targeted area resideaeeai,.a.11 as provid- ed.tn Section 143(e)'and 143(1)(2) cf the Internal Revenue Code; or (iv) who has an income in excess of that established by the ur-brask,: Iuw:eatmeat Finance Authority under Its applicable regulations or program guidelines in Affect on the date of the sale or transfer; or (b) Borrower fails to occupy the property described in the Mortgage without Lender's prior written consent; or (c) . Borrouvr omits or misrepresents a material fact in an application for the Mortgage. References are to the Internal Revenue Code in effect on the date of execution of the Mortgage and are deemed to include the implementing regulations. VA MORTGAGE ADDENDUM If, so long as the Mortgage is outstanding, all or any part of the property is sold or transferred by Borrower without Lender's prior written consent, other. than a transfer by devise, descent or by operation of law, the Lender may, at Lender`s...aption. declare, &L.I the suns secured by the Mortgage to be immediately. due and payable. Date: MAY 24.1989 Borrower ROSE A. MORROW Borrower 7 e: State of Nebr, aa(oa ) ss. County of HALL ) The foregoing instrument was acknowledged before me this ?4TH day of L � . 19 811► , by ROSE A. MORROW, UNMARPIFD Witness my hand and notarial seal at in said _ id county, the date aforesaid. My commit) stun ex ires: ^ Lgwablfabb Notary Public L(i1U -1 S LMOA0KRM11LER lb elm 1* war& 1.194) _.._�