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89105228
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89105228
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Last modified
10/20/2011 12:38:32 PM
Creation date
10/20/2005 10:04:08 PM
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DEEDS
Inst Number
89105228
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1 <br />E*fIBIT E <br />- - --- -` - -- _-- <br />- <br />MCiR'TGAGE ADDENDUM <br />The following acre addenda to the' Mortgage. Please Check <br />the. applicable addend-um. The addendum checked shad] be- <br />incorporated into, and recorded with, the Mort gage. the term <br />"mortgage" shall be deemed to include "Deed <br />�applic`able. • of Trust,", if <br />. <br />X FHA RDPENDUM <br />R long as- the M*ztgsg2 is oustandin -' <br />all g, the Lendet- -t ray <br />:declare sums secur the Mortgage.":to be immediat;l <br />.due and payable if: y <br />(a) all or art of the property <br />cz.��e d. (other than is sold or <br />transferred erre <br />btoda <br />operation of law) by Borrower purchasereor o <br />..transferee: other <br />(i) tvtic canrct reasonably be expected to <br />Occupy the propel t'yr as a principal residence within <br />a reasonable time' after the sale or transfer, all <br />as provided::: in Section 143(c) and 143 (i) (2) <br />of the <br />Internal Revenue Code of 1986, as amended; or <br />('Ji) who has had a present ownership interest <br />in a principal residence during any <br />part of the <br />three- year,, ending; Oh-the date of the sale <br />transfer, all as Provided,-in Section 143(d) and,:. <br />143 (i) (2) of the Zi:Lrernal <br />„Revenue Code (except,' ghat <br />the language "loQ*'r:ercent shall be substituted for <br />95 percent or more" where the latter appears in <br />Section 143(d)(11); or <br />(iii) at an acquisition cost which is greater <br />than 90% of.. the average area <br />purchase price <br />(greater Marc 110% for targeted area rPsldences), <br />all <br />L <br />as praiiiided in section 143(e) and 14.16)(2),o£ <br />r� <br />the antera Revenue Code; or <br />( iv). has., an income in excess h,i, ghat ' <br />establi sht '.b�j the Nebraska. Investment <br />- jnancl.-,. <br />Authority `axider its applicable regulations or pro- <br />gram §'uidelines in "date <br />effect on the of the s:le <br />or transfer; or . <br />73Q8n <br />
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