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r A MORTGAGE ADDENDUM 89- 104704 The following arc addenda to the Mortgage. Please check the applicable addendum. The addendum checked shall be Incorporated into, and renordod with, the Mortgage. The term `Mortgage' shall be deemed to include 'Deed of Trust,' it applicable. XX FHA ADDENDUM As long as tha lillortgage is held by the Nebraska Investment Finance Authority, the Lender may declare all sums secured by the Mortgage to be iminvdat0i dt:e and payable it (a) all or part of the property is sold or otherwise transferred (other than by devise, descent or operation of law) by Borrower to a purchaser or other transferee: (i) who carom reasonably be expected to occupy the property as a principal residence within a reasonable time after the sale or transfer, all as provided in Section 103A(d) and (j}(2) of the Internal Revenue Code; or (ii) who has had a present ownership interest in a principal residence during a3iny part of the three-year period ending on the date of the sale or transfer, afl;g!sprovided in Section 103(A}(e) and OX21 of the Internal Revenue Code (except that the language - 10(3%- shall be substituted for "90% or more" where the latter appears in Section 103A(e)(1); or (iii) at an acquisition cost which is greater than 110% of the average area purchase price (greater than 120% for targeted area residences), all as provided in Section 103A(f) and (jx2) of the Internal Revenue Code: or ' . - (iv) who has an income in excess of that established bythe Nebraska Investment Finance Authority under its applicable reguta, tions or program guidelines In effect on the date of the sale or transfer, or (b) Borrower fails to occupy the property described in the Mortgage without Lender's prior written consent: or (c) Borrower omits or misrepresents a material fact in an appNcation for,the Mortgage. References are to the Internal Revenue Code in effect on the date of execution of the mortgage and are deemep.to inchMs Iii$ implemen- ting regulations. VA MORTGAGE ADDENDUM If, so long as the Mortgage is. held by the Nebraska Investment Finance Authority. all or apy.,part of the property is soitl or transferred by Borrower without Lenders prior written consent, other than a transfer by deviser, descent.o{ by operatidn,ot law, the Lender may, at Lender's option, declare all the sums secured by the Mortgage to be immediately due and payable. CONVENTIONAL MORTGAGE A13DENDUM As long as the Mortgage is held by they Nebraska Investment Finance Authority. the Lender may, at Lenders option, declare all sums secured by the Mortgage to bo fmi: ediateiy due and payable if Borrower omits or mi &represents a fact in an application for the Mortgage, including, without Iimitatiori,,HYSpi ?ing contained in the Mortgagors Affidavit anr! Unification executed by Borrower in conjunction with the Mortgage. By signing belaer,. ft Borrower accepts and agrees to the terms coniairted In this Addendum. Dated: _ ` c1:ARO R John C. Lilly 19 BOARQHIEF . ' Sh lei y A. Lilly STATE OF NE.KA COUNTY OF-- - - - -- — - .- � SS: The foregoing irstrumeri` min acknowledged before iwe on __ __ Septur( ;er 1 1989 by _John C. Lilly and Shelly A. Lilly, Husband and Wife (person(s) acknowredging) OM WAMM d N&mb ROTARY PUBLIC wllt lAM L tLAN 1? My der. Eq. Aug Itut t? !^ My Commision expires. ism 0/603 NWA 6'16 r