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89104679
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Last modified
10/20/2011 10:02:30 AM
Creation date
10/20/2005 9:57:12 PM
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DEEDS
Inst Number
89104679
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r <br />s9— .io4679 <br />MORTGAGE ADDENDUM <br />the following are addends to the Mortgage. ►iease thee% the applicable addendum. the <br />addendus ehecYed shod be inrorporsted into, and recorded with, the Mortgage. The term <br />" Mortgage" shalt be deemad to include •Owed of Trust," if apptitable. <br />x, X FNA A00E1t011111 <br />As tole/ as the Mortgage to outstanding, the Lender may deetore ail sues secured by the <br />Mortgage to be immediately due and payable ift <br />Cs) alt or part of the property is sold or otherwise•transferred tother then by <br />devise, descent or operation of low) by Borrower to a purchaser or other tranafereet <br />tF>! who Cannot reasonably be expected to occupy the property as a <br />Principal, residence within • reasonable t /ae after tAe sale or transfae, sit as <br />provided -in Section 143(c) and 143(1)(2) of the Internal Revenue Code of 1986, as <br />amended; or <br />Of) whe has had a present ownership interest In a principal residence <br />during any part of the three -yeor period ending on the date of the sale or transfer, <br />sit as provided in Section 143(d) and 143(!)(2) of the Internet Rovenue Code (eacept <br />that the'., language 4100 percent" shalt be substituted for "95 parcent.or wore" where <br />the tatted, sppears..in Section 143(d)Ell); or <br />(iii) at an acquisition cost which is greater then 907{ of the'sverage area <br />- Purchase . price (greater thsrt..tt0x for targeted area residences), all as provided in <br />Sectiorn.TU(e) and 143(1)t2) of tha Internal Revenue Code; or <br />(fivsp. who has• an income in excess of 00 :established by the Nebraska <br />Investasset Finance Authority under••its applicable rejutik ions or program guidelines <br />in offset on the date of the sate or transfer; or <br />(b) Narrower fails to occupy the property described in the Mortgage uIthout <br />Lender # s prfiarr written consent; or <br />(C) Borrower omits or misrepresents a material fact in an application for the <br />Mortgage. <br />References are to the Internal Revenue Code lrr, affect on the dote of execution of 0'e, <br />aortgage and,sre dtrmad to include the Implementing rezutistfons. <br />WI0. MlOR10A0E ADOlNDtof; <br />If. "'40 long as tbt,Wortgage is outstanding, all or any part of the, property Is sold or <br />transferred by Borrower 'without ,ender's prior written consent, other ,hen a transfer by <br />devise, descent sr by Operation (sf law, the Lender way, at Lender's option, declare all the <br />suns secured by the Mortgs %*-.to be immediately due and payable. <br />8- -31 -89 <br />cote <br />Borra tr JUDY -R MEY <br />.. E S <br />Bor row•tr <br />State of Xtbreske ) <br />County of NAB_ <br />The foregoln3'Instrument was acknowledged before me this 31 i osy of AUGUST . 19 89, <br />by JUDY P. MEYERS, A SINGLE PER80N <br />vitness my hard and notarial seat at GRAND ISLAND In s county. the do aforesaid. <br />My Coawrlealen expires: 9EpuNCiAA- Ya#INl3rar,Ra <br />RO0EA1'Ad,.p9ED Mo ary 1 1 c <br />ft.EWJ6 a.',2K! <br />MIFA 1488 Series 0, <br />L L <br />t' <br />i <br />i <br />r' <br />
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