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EXHIBIT E l �! J 3 <br />90-- JLOB60 <br />MORTGAGE ADDENDUM, <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 property is sold <br />o <br />orother- <br />wise transferred (other than by devise, descent <br />operation of law) by Borrower to a purchaser or other <br />transferee: <br />(i) who v annot reasonably be expected to <br />occupy the property as a principal resident within <br />a reasonable time after the sale or 'transfer, all <br />as provided in Section 143(c) and 143(1)(2) of the <br />Internal Revenue Code of 1986, as amended; or <br />OD who has had a present ownership Anterest :i <br />In a principal residence during any hart of the <br />three -year period ending on the date of the sale or 4 <br />transfer, all as provided in Section 143(d) and 1{ <br />143(1)(2) of the Internal Revenue Code (except that <br />the language loo percent shall be substituted for <br />"95 percent or more" where the latter appears in <br />Section 143(d)(1); or <br />(iii) at an acquisition cost which is qreater <br />than 90'1 of the average area purchase price <br />(greater than 110% for targeted area residences), <br />all as provided in Section 143(e) and 143(1)(2) of <br />the internal Revenue Code; or <br />(iv) whose family income exceeds the appli- <br />cable percent of applicable median family income as <br />provided in Section 143(f) and 143(1)(2) of the <br />Internal Revenue Code; or <br />(b) Borrower fails to occupy the property <br />described in the W)r;tgage without prior written consent <br />of Lender or its successors or assigns; or <br />z;swes omits ^r ntisre resents a fart that is <br />material with respect to the provisions of Section 143 <br />` of the Internal Revenue Code in an application for the <br />Mox,tgagQ <br />References are to the 1986 Internal Revenue Code in <br />effect on the date of execution of the Mortgage and are <br />deemed to include the implementing regulations. <br />BOCCOweC Troy lod <br />Borrower Brenda Wood <br />L <br />r" <br />