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89102867
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89102867
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Last modified
10/20/2011 2:02:45 AM
Creation date
10/20/2005 9:37:07 PM
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DEEDS
Inst Number
89102867
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F <br />The following are addenda to the Mortgage. Ptease check the 89-7102867 <br />applicable addendum. The addendum checked shall be incorporated into, <br />and rr.GQrded with. the Mortgagp, The term ~MortgaVQ " Sha11 be deemed to <br />irrcPUASn_ 'Deed of Trust." if applicable. <br />X FRA ADDENDUM <br />As long as the Mortgage is outstanding, the Lender may declare all <br />sums secured by the Mortgage to be immediately due and payable if: <br />(a) alt 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 transferea: - <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 />(11) who has had a present ownership interest in a <br />principal residence during eny Part -of the three -year period <br />ending on the date of the sale or transfers all as provided to <br />Section 143(d) and 143(1)(2) of the Internal Revenue Code <br />(except that the lingual@ "100 percent" shall be substituted <br />for "95 percent or more where the latter appears in Section <br />143(d)(11); or <br />(111) at arm dcaut.sition cost whtcl'z .is greater than <br />901 of the average area purchase prfcej%aeater than 1101 for <br />targeted area residences)..arl as prvvldad.in Section 143(e) <br />and 143(1)(2) of the Intl rnal.ikteerue Code; or <br />(iv) who has an incoae in excess of that established <br />by the Nebraska Investment Finance Authr#rf;y under Its <br />applicable regulations or program gutdeliaes In effect on the <br />date of the sale or transfer; or <br />(b) Borrower falls to occupy the property described in the <br />Mortgage without Lender's.prior written consent; or <br />(c) Borrower omits or misrepresents a csterrial fact in an <br />application for the Mortgage. <br />References are to the Internal.Revenue Code to effect on the date <br />of`executton of the mortgage and are deemed to ine2ute the implementing <br />regulations. <br />NA MORTGAGE ADDENDUM <br />If. so long as the Mortgage 1s outstanding. a).i.''or any part of the <br />property 19 sold or transferred by Borrower without Lender's prior <br />wrl.tten consent, other than a transfer by devise, ,descent or by <br />operration of law, the Lender may. at Lender's cption, declare all the <br />sump secured by the Mortgage to be faenbdiateiy due and payable. <br />('ray 26, 1989 <br />to brrd r <br />Carro 1 Smit <br />Fe'er o nn 1.. m1 <br />State of Nebraska ) <br />J ss. <br />County of _Hal l l <br />The e/ y foregoing i�p�trumejtwas tk wi c befor this 6. day <br />, iii , by !!,, �1 t .ih do fOiti t L . -h <br />n� e� sf m. hanTand no ar a ;!a at Tc3f1 S an n 5a county. ' <br />the date aforesaid. <br />My Coamission Expires: <br />L KI <br />90R Ei <br />OggORAH L. KISA8IE <br />tAlCwA Etr N". 21114001 i88 Series 8 <br />0 Dry Public <br />K <br />I <br />
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