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90106681
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Last modified
10/20/2011 11:25:52 PM
Creation date
10/20/2005 10:03:37 PM
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DEEDS
Inst Number
90106681
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��. ,�� U1, <br />-; Jj�! �_ - - <br />�..• ri �1'�, <br />v.•`.''A � �� 1, <br />t rr � 'K, I11j <br />'. {+H � � � -s'�w_�,�f }u� <br />- -- <br />_ <br />ia- r .., <br />`. r4�1� ;l <br />,§ <br />_ <br />_ -_- <br />the applicable addendum. The addendum checked shall be <br />- -- <br />incorporated into, and recorded with, the Mortgage. The term <br />"Mortgage" shall be deemed to include "Deed of Trust," if <br />1; `µ <br />' applicable. <br />XX M.- 4l: ADDENDifM <br />90-- .-106681 <br />EXHIBIT E <br />MORTGAGE ADDENDUM <br />- -- <br />_ <br />The following are addenda to the Mortgage. Please check_ <br />_ -_- <br />the applicable addendum. The addendum checked shall be <br />- -- <br />incorporated into, and recorded with, the Mortgage. The term <br />"Mortgage" shall be deemed to include "Deed of Trust," if <br />1; `µ <br />' applicable. <br />XX M.- 4l: ADDENDifM <br />A I=;; as the Mortgage is outstanding, the~ L.ehder may <br />declare a1'l• ens secured by the Mortgage to be .i=kediately <br />Y.- <br />due and ay��le if : <br />P <br />• <br />� <br />(a) all or part of tht. gcoperty is ,so &�i . or other- <br />r�� , N•�ffjr,? y� <br />wise. wise: "transferred (other t�h by devise, descent or <br />operation of law) by ea=zawes to a gurchaser: ar othe): <br />_ <br />transferee: <br />(i) who cannot reasonably be expecized to <br />�rcupy the property as a principal resident within <br />� <br />; <br />a. reasonable reasonable ti=e after the sale or transfer..,all <br />as provided in Section 143(c) and 143(i k G.2) off. the <br />c <br />Internal L�venue Code of 1986, as amendecir or <br />(ii) who has had a present ownersit g interest <br />in a principal residence during any part of the <br />'`-: <br />three -year period ending on the date of. the sale or <br />transfer, all as provided in Section i43kd) and <br />143 (1) (2) of the Internal Revenue Code ( except that <br />the :L=ncnlaae 11100 percent" shall be substituted for <br />_ <br />"95 percent armor;" where the latter appears in <br />Section 143(d)(1); or <br />- - -- .. <br />(iii) at an acquisition cost which is greater <br />- <br />than 9o$ of -the average area purchase price <br />(greater than. LTa% for targeted area residOnces);. <br />all as provided ih Section 143(.eF and 143(1) 0? .o£ <br />the inter=al 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 />,. <br />of the Internal Revenue Code; or <br />I -- <br />
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