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r <br />MORTGAGE ADDENDUM 89"00' 104487 <br />the following are addends to the Mortgage- Pteast check the applicable addendum. The e <br />addendum t:heckod shalt be incorporated into, and recorded with. the Mortgage.- the term <br />•Mortgage shall be deemed to include *toed of Trust.* if applicable. <br />X�• fNA A1)OENOtIN ' <br />As long as the Nortgagt is outstanding, the Londer may declare all sums secured by the <br />Nortgege to be tmmedistaty due and payable Ift <br />(a) alt or part of the property is sold or otherwise transferred (other than by <br />_ devise, descent or operation of law) by Sorrower to s purchaser or other transferees <br />(1) who cannot reasonably be.:expected to occupy the property as a <br />prinitpai residence afthfn a rsaionable- `etaee after the sale or-transfer, Otte as <br />provided In Section 1.43(0 and 143(i)tZt- .cif the Entornal Revenue Code of 1986, as <br />emended; or <br />(ti) who hem bred t: present own.rehip int-orest in a principal rest .a hce 1, <br />du-tRoij any part of tft.e.:ixhoee -year ptiie P -coding on the date of the sale or transfer. <br />atk . ;a provided In Slsf;4Son 143(4) and :4- 3:5!(2) of the Internet Revenue Code (except <br />thatT :'the taragvaje N1f;�i percent"* shall b*'•substituted for 09S percent or more* whore <br />the latter appears in Section •fR�,d)l11); or <br />(I If) at 9!1­:. 41cqu I s I ti o n cost is greater than COX of the average area <br />purchase price (gr4610.0 than 1109 for u1z,�44ted area residea.es), all as provided in <br />Section 143(e), and 14S.I.: 2) of the Inter' ai Revenue Code; or <br />(fv) Who hem .ar., .Iotlaxo in excess of' that established by-the Nebraska <br />Investment !`•'.-.nonce Auitztrf'ty`u^Ydjr its applicable regulations or prc+oracs guidelines <br />in efifect olt.ihe date of the sate or transfer; or <br />(b) borrower . faits to occupy the Frv,'per•ty described in the <br />Londerse prior wrtittsen consent; or <br />(c) •orrower omits or misrepresents 'a material fact in an application for the <br />r ... Mortgage. <br />References are to the internal Revenue Coat in effect on the date of execution of the <br />mortgago and are deemed to include the -iaptesenting regulations. <br />VA MORTGAGE ADDENDUM <br />If. so long as the Mortgage is outstanding, si;i;•or any part of the property is sold or <br />transferred br Borrower without Lender's prior wr,Ittero consent. other then a transfer by <br />devise, descent or by operation of low, the Lender. aat•.y et Lender's option, declare all the <br />muss secured by the Nortgogo to be Immediately due aril payabit. <br />L <br />8 -23 -89 <br />Date Borrower CHARLES D POKORNEY <br />C'naQv. al ro-mid- W-1u, <br />Borro 'ANGELA M BUFO MUND <br />State of Nebraska ) <br />) se. <br />County of HALL ) <br />The foregoing instrument was acknowledstd before me this 23RD day of 6LIP 1ST, 19jM. <br />ty CHARLES D POKORNEY A SINGLE PERSON-AND ANGELA M BlIPAIUND A SINGLE PERSON. <br />SON. <br />mw hand and notarial• cool at GRAND ISLAND ins county'. the d foressid. <br />AM Masialsolon Bxpiroae <br />P r,��tMt IiatAflrsale d �:;� t u• <br />•� ROBERTA L REED Not a ..y Public <br />My GImIR E>s1 J* X INN <br />NIIA 1945 garl'ils 0 <br />0 <br />J <br />�f <br />r� <br />4 <br />