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89103244
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Last modified
10/20/2011 3:19:43 AM
Creation date
10/20/2005 9:40:59 PM
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DEEDS
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89103244
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r <br />M <br />I <br />NORTCAOt ADDENDUM 89-0 ♦ 03244 <br />••The following are addenda to the Mortgage. 41019469 check the applicable addendum. The <br />44140endwsl shooked shall be incorporated Into, and recorded with, the Mortgage. The tare <br />•Nertgago• shelf be doomed to include "need of Trust," If applicable. <br />...� FNA AOOSNDUM <br />As long as the NOr.t8819 Is outstanding, the Lender any declare all sues secured by the <br />Mortgage to be Imsiedfately duo and payable Ift <br />(4) ell or part of the property is sold or otherwise transferred (other then by <br />devise, descent or operation of law) Cy Borrower to a purchaser or other transferee: <br />(t) who cannot reasonably be expected to occupy the' property as a <br />Principal residence within a reasonable time after the sale or transfer ail as <br />provided in section 143(c) and 143(1)(2) of the Internal Revenue Cede of 6e6, as <br />amended; or <br />tit) who has had a present owRerahip interest in a principal residence <br />:%tins. any part of the throe -year period end&t;es on the date ot tkt sale or transfer, <br />all as provided In section 1143(d). and 143(1),JZa of the Internil Revenue Code (except, <br />that the tongues* 4100 percent" shall be substitvted+.for "95 percent or more" where <br />the tatter appears in section 143(d)(11); or <br />tiff) at an 4;-gvi(sition cost which is greater than 90 %'of `tho average irte <br />purchase pprfco (sraatat.thon 11011 for targeted area residences), all as provided,in <br />faction 143(e) and 163(f)(2) of the Internal Revenue Code; or <br />Civ) who has an income in excess of that established by the Nebraska <br />Investment Finance Authority under its applicable regulations or program guidelines <br />In effect on the date of the sale or transfer; or <br />(b) .B ®r ;ewer fails to occupy the property; •descr-fbed in the Mortsase RIO .ouf- <br />Iettder+s prior writtato consent; or <br />(o) - OF'rower omits., or misrepresents a materiel fact in an applicoti Oct <br />_.tor. the <br />Mercgage. :. <br />- — Ri4ififf3;e>r -fee to the Revenue Cadi, to of fact on the date of exeta�t@an of the <br />mortgage and are doomed to Include 'the •taplsai"r0ni roy�ulatfons. <br />X VA MONTOAQE ADDENDUM. <br />If, so tong as the Itortsego is outstanding, all or any part of the property is soi d'.cr <br />transferred by forrOwer. without Londsr•s prior written consent, other than a transfer-by <br />devise, descent or by :,operation of law, the Lender nay, at Lender's option, dectaro ail the <br />sums secured by the Mortgage to be immediately due and payable. <br />�3 -89 <br />'t IYOrt0wOr DAVID L SAWYER <br />T Borrower •"_ <br />$tat* of Nebraska ) <br />County of HALL ) <br />as. 34.1 <br />Tho foregoing instrument was acknowledged before this 23FIn' dsg of I r, 1g , <br />by DAVID L SAWYER, A SINGLE PERSON <br />Witness my hand and notarial lost at GRAND ISLAND-in s county, the date foressid. <br />....�.....0 y� <br />My Commission fxpirest RKPA! NOTARY•51atl of <br />R�SERTA L. REEF) MINPA <br />MyIbM Eq. WyX IV; 40tsPublic <br />NIFA 1986 series 0 <br />In <br />K <br />r� <br />"ITT; <br />
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