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7 <br />L <br />MORtGwG6 ADDENDUM VMw+n <br />M 102708 <br />to the addendum checked ngshall bedeincorporatedMbInto. andlerecordedk with. thecmortgage. t he term <br />ONoregaoe" shalt be deemed to include "Deed of Trust," If applicable. <br />—7— FNA ACOINDUR <br />As long as the Mortgage ie outstanding, the Lender may declare all sums secured by the <br />Mortgage to be Ismedlately due and payable Ift <br />(a) sit or part of the propperty is sold or otherwise transferred (other than by <br />devise, descent or operation of law) by Borrower to a purchaser or other transferee; <br />(1) who cannot reasonably be expected to occupy the property as a <br />principal residence within a reasonable time after the sale or transfer, at; sc <br />provided In leetlon 143(c) and 143(1)(2) of the Internal Revenue Code of 1906. 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 />Ott as provided in SectlOn 143(d) and 143(1)(2) of the Internal Revenue Code (except <br />drat the tenguage 0100 percent" shalt be substituted for 449S percent or more" where <br />the latter appears In 114betion 143(d)(11); or <br />(111) st an acquisition cost which is greater than 90% of thb average area <br />purchase price (greater than, 110% for targeted area residences). alt as provided in <br />Section 143(s) and 143(1)(2) of, the Internal Revenue Code; or <br />(Iv) who has an In.come in excess of -that established by the Nebraska <br />Investment Finance Authority I under Its applicable regulations or program guidelines <br />In effect an the date of the taste or transfer; or <br />(b) Borrower fells to Otcuq r the property described in the Mortgage without <br />lender "s prior written consent; or, <br />CC) Borrower ostlts Or Oiseesresents a motorist face <br />Mortgage. on an application for the <br />References are to the tge.r.._l acr.•rua Sod. ;A V. TIecr on ,rife t1atF of execution of the <br />aortIag4 end ure deemed to Include the Implementing regulations. <br />VA MORTGAGE ADDINDUM <br />90 long ae the Mortgage ie owe.standing, all or any part 44 the property is sold or <br />transferred by lorrower without Londw s prior written Cho consent,,.other than a transfer by <br />devise, d41890nt Or by operation of lovi the lemder may, at tender'' <br />option, declare 81 <br />suss aseurad by the Nortgsge to bt ImmedI *tety. dine and payable. 1. <br />Iwyafi. 1989 <br />Date �"r �';:1 �J •1 / /�'%' ?�'� G �' <br />&*rrower <br />f JAMS A SWANSON <br />lorrower <br />State of Nebraska ) BEVERLY J SI&NgON <br />1• sa . <br />County of HALL ) <br />�USBANDra iA t4`rua �f a,�k�WAI S�ed before me th i s26ttt day oMu�+ , 11#9 <br />by ANA <br />Witness ay hand wild notarial soot ssGR1ND ISLcv2i�D it s county, the dots foresail. <br />.ar.temalaslen Bxp(roes ? <br />6EME.RAI N01AAY•St�ta of Nt6f2tai' �. <br />110tBERfiJI .(;. p�4D N o t r y P u t c <br />:. if ?IA 1984 1�rfes 0 my EM i 19W RQiIIEE TA L REED <br />W <br />r� <br />o-. <br />7 <br />4 <br />.T <br />