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90106669
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Last modified
10/20/2011 11:22:28 PM
Creation date
10/20/2005 10:03:23 PM
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DEEDS
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90106669
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W..W.1 Q6�ig'� <br />no felieelag are .ddsage Mas t�s. :teas. •xaaM the aplisarle <br />add"Am. !Ma addasdss obeemd shall is i"otporsted ings. and regarded with, <br />rite Mortgage. !Ma tars Mortgagee shit M doeud to isdwds "peed st Test." <br />It applisalle. <br />" long as the llartsaga is oaastandles. two Lander my deal&" all auas <br />ssanced tip the Mortgage to be Issnoi ately dao and Mlahie US <br />(a) all at, part of the property 1e sold or otherwise transferred <br />(other flan y devise. descant or eparatioa of law) ►y Borrower to a <br />purchaser or ether trazsfarsel <br />(1) who carnet reasonably be "Posted to OCCUPY the property <br />as a principal restdont withiTr a reasonable time after the sale or <br />transfer. all as provided in Soatim .143Co) and 143(!)(2) of the <br />Intsmal &avenue Code of 1986. as aasaded: Or <br />Cii) who has had a present ownership- interns in a principal <br />rauidence during any part'or the three -year period snding on the date <br />of the sale or transfer. all as provided in secttam 143(d) and <br />143(1)(2) of the.Iatasnal Revenue Code (axaspt that the language "100 <br />percent- shall be aubatttuted for •9B percent or moss^ where the <br />latter appears in station 143(d)Cl) ;'os <br />(iii) at an acauisities cost which is greater than 901 of the <br />average area purchase price (greater than 1101 for targeted area <br />s•siderwes). all as provided in section 143(s) and 143(1)(2) of the <br />Iataiaal Revenue Code; or <br />l�L'n)y whose foully Incae exceeds the opplientta percent of <br />aPp1S(rAUa radian foully Isamu as provided in sectom .. 143(f) and <br />143(11)!2) of the Internal &avenue Cods; or <br />(b) Borrower foils.to occupy the property described in the Mortgage <br />ai3d%mt prior written cons WA of lwnder or its successors or assigns; or <br />(o) Borrower Ouita wr uissapsesants a tact that is miterial with <br />respect to the psovLOUP Of section 143 of the Internal Revenue Code In <br />� <br />an appliastioa for the lkcwse. <br />References are to the toeta.lot•rnal RayscUa Code in effect on the data of <br />execution of the Most ;age PAd are deemed to include the iaplesnnting <br />. Dorrovas <br />LINDA K PMLARD <br />ftcrower <br />nl a"tiisvi"zo ;.r,yc.�w'$ ' <br />it. so long as tie Wss;egsge is outstanding. all or say part of the <br />? property is sold or transferred by Borrower without lwndarse -prior written <br />consent. other- than a transfer by devise. descent or by opernttmn of law. the <br />Under say. at Lenders ogtion. declare all the suss secured br ¢fha Mortgsge to <br />be fasediately due and peyalbts. <br />' BgrrgV•r <br />Borrower <br />Date November 2 12222 <br />07/90 <br />—j <br />4..': <br />, <br />is <br />s: <br />t. <br />
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