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0 <br />MORTGAGE AODERDUM 89�- 104542 <br />The following are addends to the Mortgage. Please cheek tht,applicable addtndun. The <br />_ addendum eheektd ahslt be incorporated into, and recorded with. the matteal4i" The term <br />!!Rortess#n shall be deemed to inctude "Dead of Trusty If spot ceble. <br />XX fNA ADDENDUM <br />As tong as the Mortgage is outstanding, the Lender may dactore att sues secured by the <br />Mortgage to be fssstedistaly due and payable it: <br />(a) all or part of the property Is sold or otherwise transferred (other than by <br />devise, descent or operation of taw) by Borrower to a purchstor or other transferee: <br />(1) who cannot reasonably be expected to occupy the property as a <br />principal residence within a ressonebte tine after the sale or transfer, all as <br />provided in Section 14I(c) and 143(1)(2) of the Internal Revenue Code of 1986. as <br />amended: or <br />(ti) who has had a present ownarship interest in a principal residences <br />during any port of the three -year period ead.ins on the date of the site or transfer, <br />att as provided in Section 143(d) and 14300th of the internal Revenue Code (exctpt.• <br />that the language 0100 percent" shalt be substituted far.: "9S percent or wore" where <br />the latter appears in Section, 14301111); or <br />(iii) at an aaeulsltion cost which is greater than Sax of the average area <br />purchase price (greater thsn 1103 for targeted area residences), all as provided in <br />Section 143(e) and _143. ;1)(P3 of the Internet Revenue Code; or <br />(Iv) vb,%:.has an incoss in excess of that established by th.c Nebraska <br />R Investment Finance-' Authority under its appticobte regulations or progrewt quidetines <br />In effect on tha'*dato of the sate or transfsi-; or <br />tb! Borrower faits to occupy the property described in the Mortgage without' <br />I:emdor,s prior writton:•consant: or <br />(e) Eorrower to-its ee misrepresents a material fact in an apptlestUan for the <br />Mortgage. <br />References are to the I.etternal Revenue Code in effect on the date of execution of the <br />mortgage and are deemed to f»rt•ude the implementing regulations. <br />VA MORICA49 ADDENDUM <br />If, $a long as the Mortgage is outstanding, all or any part of the property is sold or <br />transferred by Borrower without Lendar*s prior written content. other than o transfer by <br />devise..: descent or by operation of law, the Lender may, at Lenderfe option, declare all the <br />sums stuu'cad by the Mortgvgie to be immediately due and payable. <br />8 -25 -89 <br />Date <br />state of Nebrost;m ) <br />ILI <br />Borrower VELDON 10 BOWERS <br />Borrower DONNA L BOWERS <br />es. <br />County of WALL ) <br />The foregoing fnstruawnt' was acknowledged mofore me this 25TH_ day of Ate... 1989 <br />by VELQDN 0 BOWERS AND DONNA t RNESS o fill. RAND AND WIFE. <br />4litnasa my kind and notarial ss�",t at GRAND ISLAND In so j county, the % date aforesaid. <br />My eo"mi'maien Rxplreet ,IE1 MI WJIMY -State ofAM -4t s <br />ROBERTA L R00 l!% <br />Ny WMR Eat Irly Xk' 1990 Notary pu l c <br />NlfA 1980 series D <br />a <br />u <br />oil <br />