Laserfiche WebLink
A <br />MORi6AGE ADDENDUM <br />89-103064 <br />the following are addenda to the Mortgage. Please check the <br />applicable addendum. The addendoa checked shall be incorporated into, <br />and recorded with. the Mortpape. The tern •Nortgago" shall be deemed to <br />include 'Oeed of Trutt." it applicable. <br />x FMA ADDEWJN , <br />As long as the Mortgage is outstandinge the tender may declare all <br />suns secured by the Mortgage to be immediately due and payable if: <br />(a) all or part of the property is sold or otherwise <br />transferred (other than by derive. descent or operation of law) by <br />lorrower to a purchaser or other thateree: <br />propert) ss a principal pressdenci within a reasonable OCCUPY <br />after t� sale or transfer. all as provided in Section 141(c) <br />and 143(1)(2) of the Internal Revenue Coda of 1906, as <br />ameadedi or <br />(1 1} .: who has had a preset ownership _irterast foe a <br />oprincipal•rtll6ance during any port -Of the three- year.'Veriap <br />om" on t1W to of the sale at, "t"Wer, a1.1 4% prouided in <br />section I"(d) and 14,1(1)(1) ot. t*: tetanal idere re Code <br />(o kept that tM tangw�e 100 Matter ;Mt11'lei:s substituted <br />for •9s percent or more . where tt�!'��atter appei*4 in Section , <br />143(d)(11h or <br />r411), 'at an at"Isition cost which is greater t an- <br />9 targeted a thee.average area ppuurchase price (greater than 110 for - <br />residences), <br />143(1) 2) of the IternallRevenuevCodesior�etion 143(0) <br />and <br />(IV) who has an income in excess of that established <br />try the Nebraska Investnent Finance Avthority under its <br />applicable regulations or program guidelines in affect on the <br />date of the satt'or transfer; or <br />(b) lorroar falls to occupy the proparty described to the <br />- - -- - -- - - - - -- - - - -- -- lbrt201 without Lander's prior written consent; or <br />(cc) Sorrower mats or ro.isrepresN:ts a ftU?1al fact in an <br />aepli <br />References art to the Internet Revenue Code in affect on the date <br />of execution of the mortgage and are deeaad to include the implementing <br />regulations. <br />lfA,MRTGW AWENWN <br />If, is, laadq as the Mortgage• is outsta"4102„ ' X11 or any part of the <br />piopero'is• *old or,troasftrrtd by lorrowaf.Wthout leeder•s rior <br />writtaR.cohsaat,.otbae than a transfer by devise, descent or Dy <br />operstiog' iOt :lay, the gr <br />Lender m, at Lender's optlool, declare all •the <br />aumr secoW by thofkprtgape to be immediately due and payable. <br />June- 15 o . '1989 <br />e <br />�FM <br />Gordon E. Cr sley <br />rrowe usan ross <br />State of Nebraska <br />County of <br />Hall i ss. <br />June. foregoing ,ignsstnawnt was acknowlsdged before me this 1 ► day <br />of ey <br />ss my ha Ind ao car a ssa a s an a <br />the date aforesaid. <br />Ny Nssion Ex in <br />M , Nj4i* Publ it, , , <br />r <br />