89103041 - Laserfiche WebLink

Browse

1 89-- 143041 MORTGAGE ADDENDUM -The following are addenda to the Mortgage. Please check the applicable addendum. The eddendua shocked •hall be Inporporated Into, and recorded with, the Mortgage. The term allortgoget shell be deemed to include "Coed of Trust," If applicable. XX /NA ABOENOUM AO lung as the Nortgaga,is outstanding, the Lender may declare all sums secured by the Nor114$4 to be Immediately due and payable Ift (s) all or part of the pro arty to sold or otherwise transferred (other than by devil*, descent or sperotl4n of law) Cy Borrower to a purchaser or other transferees (1) who cannot reasonably be expected to occupy the property as a is lntipat rooldence within a reasonable time after the sale or (tens /er al( as provided In $action 143(c) and 143(1)(2) of the Internal Revenue Coda of ;90e, as amended= or 4113 who has had a present ownership (ntoroat Ia a prinelpal resident• during any part of the three-year period ending on the date of the aeto or transfer,. ' all as provided In,.tectien 143(d) and 143(1)(2) of the Internet Revenue Code (except that the longuager *IG0 percent" shalt be substituted for 095 percent or more" where the latter appears'in faction 143(d)(11); or (iii) it' an acquisition cost which Is greater then 9OX of the average area purchase price (greeter than 1102 for targeted area residences), ail as provided In., $action 143(e),jsnd 143(1)(2) of the Internal Revenue Code; or (fv3 who has an income in excess of that established by the Nebraska investamt %-Ftnence Authority under its appl (cute regulations or program guidelines In effect: ort tka date of the vole or transfer; 'or: (b) Borrower. fol(s to occupy the property described in the Mortgage without. Lender's prior written.convent; or (e) Borrower omits or misrepresents a material feet in an application for the Mortgage. i,&• tro=t ' initrnei '"evenne Code- in effeci oa''he oast of -sxeC t;- avn -`of -the` mortgage and ore doemedn'.ta tactude the .Implementing regulations. VA IIO210,66$ AO0001101 If, so tang- as -thp Mortgegi'lo outstanding, all or ony,part of the property Ls .*vi* or transferred by Oorr000r without tender's prior writt,on consent, other then a tr4hsftrr,by devise, descent. or by opiration of low, the Lander may. at . endWs option, dectai r all :V60 sums secured by-the Noi•teste to be ia,mediatoly due and payable.. 6 -15 -89 Date arrows JUDY K FUELLING Borrower state, of Nebraska ) County of Will ) The foregoing instrument was acknowledged before at this 15TH day of JUNE--. 19BLi. by JUDY K FUELLING, A SINGLE PERSON W tnses my hon4'ond NY Commission ex►lress #IPA 1$N $Grits 0 trial seat at aIiAAI 10TA'rff -Sate of Numb ROBERTA L REED My Eb R Eq.. Idy A 1990 In said county, the da a aforesaid. Not pry pu t e s _j^