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220600977 89•-- 103295 <br />MORTGAGE ADDENDUM <br />The following are addenda to the Mortgage. Please check the applicable adden- <br />dus. The addendum checked shall be incorporated into, and recorded with, the <br />�. Nortgags. The term "Mortgage" shall be deemed to Include "Deed of Trust ", if <br />applicable. <br />XX FRA ADDENDUH <br />As long as the Mortgage is outstanding, the Lender may declare all sums secured <br />by the Mortgage to be Immediately due and payable if: <br />(a) all or part of the property 1s sold or otherwise transferred <br />(other than by devise, descent or operation of law) by <br />Borrower to a purchaser or other transferee; <br />(1) who cannot reasonably be expected to occupy the <br />property as a principal residence within a reason- <br />able ties after the sale or transfer, all as <br />provided in Section 143(c) and 143(1)(2) of the <br />Internal Revenue Code of 1986, as amended; or <br />(ii) who has had a present ownership interest in a <br />principal residence during any part of the three - <br />year period ending on the: date of the sale or <br />transfer, all as provided in�Section 143(4) and <br />143(1)(2) of the Internal Revenue Code; or. <br />(III) at an acquisition cost which 1s greater than 902 <br />Of the average area purchase price (greater than <br />1102 for targeted area residences), all as.provid- !_ <br />ed in Section 143(x) and 143(1)(2) of the Internal <br />Revenue Code; or <br />(iv) who has an income in excess of that established by <br />the Nebraska Investment Finance Authority under <br />Its applicable regulations or program guidelines <br />In effect on the date of the sale or transfer; or <br />(b) Borrower fail$ . to occupy the property described in the <br />' Mortgage witkiout Lender's prior written consent; or <br />(c) Borrower omits or mlerepresents a material fact in! an Y. <br />application for the Mortgage. <br />References are to the Internal Revenue Code in effect on the date of execution owl <br />Of the Mortgags'and are deemed to include the implementing regulations. <br />VA MORTGAGE ADDENDUM <br />i <br />If, so long as.the Mortgage is Outstanding* ­ all or any part of the property is <br />sold or transferred by Borrower without ;Le ader's. prior written consent, other <br />than a tranafir,-by devise, desceiit' or by "operation of law, the Lender say, at <br />Lender's option, declare all the sums secured by the Mortgage to be immediaterly <br />due and.'..p,spabje. <br />D&t*.* <br />—JUMV, 17 1000 1 <br />Borrower DANIEL C. SLATTERY <br />Borrower MAily M. SLATTERY <br />State of Nebraska ) <br />as. � <br />County ofL�_ ) <br />i The foreanine ingtr..,�..gt .... __._.. <br />-- -a a•:.ulcm1edgea before me this _27TW day Of <br />by _nnuTrr. r summrRV &mn Many m 91 <br />Witness my hand and notarial seal at lnra n_-1 7[Cc n a/ in said <br />county, the date aforesaid. <br />MY COMIssion expires!� <br />►MTAl11rStitict Rotary Public <br />1M10M 0@0MItLCZ Y <br />4010 -15 rw Itr:R:.1913 <br />