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a <br />1 <br />1fOR1GAGE ADDENUU:i <br />1 <br />1 02971 <br />The following are addenda to the Mortgage. Please check the <br />applicable addendum. The addendum checked shall be Incorporated Into, <br />and recorded with, the Mortgage. The tom "Ilortgage" shall be deemed to <br />include "Deed of Trust," if applicable. <br />X FHA ADDENDUM <br />As long as the Mortgage is outstanding, the Lender may declare all <br />sums secured by the Mortgage to be imudiately due and payable if: <br />(a) all or part of the property is sold or otherwise <br />transferred (other then by devise, descent or operation of law) by <br />Borrower to a purchaser or other tOansferees ' <br />(1) 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 any part of the three -yaar period <br />ending on the date of the sale or transfer, all as provided fn <br />Section 1431d) and 143(i)(2) of the Internal Revenue Code <br />(;except that the language 6100 percent" shall be substituted <br />f e 495 percent or acre where the latter appears in Section <br />143(04'11); or <br />(11i) at an acquisition cost which is greater than <br />902 of the average area purchase price (greater than 110% for <br />targeted area residences ;, all as provided in Section 143(e) <br />and 143(1)(2) of the internal Revenue Code; or <br />(iv) who has are. tQCame in excess of that established <br />by the Nebraska towestmeet EY�►.ance Authority under its <br />applicable regulations or r.Mr.;m guidelines in effect on the <br />date of the sale or transfer; ar <br />(b) 042, a er fails to occupy the property described in the <br />Mortgage without Landers prior written consent; or <br />tel Borrower mitt or nitreeratontr. a material fact in an <br />application for the Mortgage. <br />References are to the internal Revenue Code in effect an the date <br />of execution of the mortgage and are deemed to include ttte Implementing <br />regulations. <br />VA MORTOGE ADDENDUM <br />tf, so long as the Mortgage is outstanding, all or any part of the <br />propelrF,l► is sold or transferred by Borrower withoazt Lender's prior <br />written consent, other then a transfer by devise• descent or Dy <br />operation of law, the Lender way, at Lender's option, declare all the <br />sues secured by the Mortgage to be inodiately due and payable. <br />June 9, 1989 <br />e e wer Keonet n ife d <br />rower Angela K. Leif d <br />State of Nebraska ) <br />ss. <br />Cd,lVtyr aI Hal I <br />The foregmtmq instrmient <br />of :9 , Oy. tC. <br />eess'my nano e4d.00c41 <br />the• date aforesaid. <br />L A11 <br />�IdCLEIL <br />• Exp. Any, 1 1992 <br />th <br />id <br />It <br />