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a 89-10.3050 The following are addends to the Mortgage. Please check the applicable addendum. The addendum checked shall be incorporated into, ! anti recorded with, the Mortgage. the ter" 'Mortgage" shall be desned to i include 'Deed of trust," if applicable, X FHA AWENp!!M As long as the Mortgage is outstanding, the Lender may declare all . sums secured by the Nortgage 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: ' (1) who cannot reasonably be expected to occupy the property as a principal residence within a reasonable time after the sate or transfer, all as provided in Section 143(c) and 143(1)(2) of the Internal Revenue Code of 1986, as amended; or (11) who: has had a present 'awnershi` interest in principal residence during apy part,of the three -year perm ending on the date of the tatlo or transfer, all as provided.in Section 143(d) and 1430)(Z}j.of the Internal Revenue Code (except that the languaj*:,"ZtA percent" shall be substituted for "93 percent or colt where the latter appears in Section. 143(d)(11); or , (M) �At an acquisition cost which is greater.tha 90% of the average area purchase price (greater than 1102 for targeted area residences),, all as provided in Section 143(x) and 143(1)(2) of the Internal Reve:lus Code; or .,. _ (iv)' who has am ihcame in excess of that established _ by the Nebraska Investment Finance Authority under its Applicable regulations or p"gram guidelines in effect 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) Borrower 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 Mcution ofthe mortgage and are deemed to include the implementing rsgxciations. • L VA MCATCAU ACCB.Mi> M If, so -long as the."iibrtgage 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 option, declare all the sums secured by the Mortgage to be inns lately due and pay =ble. Jung 15, 1989 e mower Scott C. Bills rrower State of Nebraska County of Hall ss: 3tw fore�diing i trumeat s tft#le jjj,.before.me this �5day at' une 19 8� . , `�ca i3 s a single perSCni th� Witness my hanaiadi. notarial seal at n said coun6y. e date aforesaid. tan Ex lees: 0E801U11L.00ME Notary Public W amm6 1* on 2% l>NI eries B • L,, {