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, <br />} <br />EMIHIT E <br />MORTGAGE ADDENDUM <br />90-- 106501 <br />The following are addenda to the Mortgage. Please check <br />the applicable addendum. The addesrdtm. 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 />XX 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 />tan) all or part of the property is sold or other- <br />wise triansferred (other than by devise,: ..desaemt or <br />operation of law) by Parrawer, ' to a . pwchi~se_ c:: ,Othfa= <br />transferee: <br />(0; Vho ca= of reasonably be expected to <br />occupy. the property as as principal resident with -im <br />a reasonable time after t-he sale or trmasfer. all <br />1M provided in Section 143(c) and 143(L)(2) of the <br />:. mternal Revenue Code of 1986, as amended; or <br />(ii) who has had a present ownership interest <br />in a principal residence during any part of the <br />three -year period ending on the date of the sale or <br />transfer, all as provided in Section 143(d) and <br />143(1)(2) of the internal Revenue Code (except that <br />the language *2100 percent" shall be allbsultuted 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 greater <br />than 90% of the average area purchase price <br />(greater than 110% for targeted area residences), <br />all as provided in Section 143(e) and 143(i)(2) of <br />the Internal Revenue Code; or <br />(iv) whose family income exceeds the <br />applicable percent of applicable median family <br />income as provided in Section 143(f) and 143(1)(2) <br />of the Internal Revenue Code; or <br />NMI - �- <br />} <br />I „ <br />i <br />, <br />l <br />