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r <br />MORTGAGE ADDENDUM <br />103734 <br />The following are addenda to the Mortgage. Please check <br />the applicable addendum. The addendum checked shall be <br />incorporated into, and recorded with, the Mortgage. The term <br />"Mortgage" shall be deemed to include "Deed of Trust," if <br />applicable. <br />X FHA ADDENDUM <br />As long as the Mortgage is outstanding, the Lender may <br />declare all sums secured by the Mortgage to be immediately <br />due and payable if : <br />(a) all or part of the pproperty is sold or other- <br />' wise transferred (other than by devise, descent or <br />operation of law) by Borrower to a purchaser or other <br />transferee: <br />M who cannot reasonably be expected to <br />occupy the property as a principal residence within <br />a reasonable timi+6 after the .sale or transfer, all <br />as provided in .Section 143.E c) and 143 (i) (2 ) of the <br />Internal Revenue rnap cf i aAr; as_ amended; or _ <br />(ii) who has had a present ownership interest <br />in a principal residence during any part of the <br />three -year period ending on the date of the sale or <br />transfer, all as provided in'Section 143(d) and <br />143(1)(2) of the Internal Revenue Code (except that <br />the language "100 percent shall be substituted for <br />"945 percent or, more" wh�ze the latter appears in <br />SOCtidn. 143 (d)'(11) ; or <br />(iii) at an acquisition cost whfeh is greater <br />than 90% of the average area- purchase price <br />(greater than 110% for targeted area residences),. <br />all as provided in Section I43(e) and 143(1)(2) of.". <br />the Internal Revenue Code; or <br />(iv) who has,an income in excess of that <br />established by the Nebraska Investment Finance <br />Authority under its applicable regulations or pro- <br />gram guidelines in effect on the date of the sale <br />or transfer; or <br />