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90- 10074 5. <br />MCHIBIT E <br />MORTGAGE ADDENDUM <br />The following are addenda to the Mortgage. Please check <br />the applicable addendum. The addendum 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 />X FHA ADDMMUM <br />As long as the Mortgage is outstanding, they-Lender may <br />declare all sums secured by the Mortgage to be immediately <br />due and payable if: <br />(a) all or part of the property is sc1d or other- <br />wise transferred ( other than by dev4se„ i�es.cent or <br />operation of law) by Borrower tY d purchaser or other <br />transf eree <br />(i) who cannot reasonably be expected to <br />occupy the property as a principal resident wtbin <br />a reasonable time after the sale or transfer, 311 <br />as provided in Section 143(c) and 143(1)(2) of the <br />Internal Revenue Code of 1986, as amended; or <br />(ii) who has had a present ownership interest <br />in a principal residence during any par;. of the <br />three —year period ending cn the date of the sale or <br />transfer, all as provided in Section 8431(d) and <br />143(i)(2) of the Internal Revenue Code Yexcept that <br />the larmlege '1100 Percent" -e;ta-11 he substituted for <br />1195 percent or more" where the latter appears in <br />Section 143(d)(1); or <br />•(i'i) at an acquisition cost which is greater <br />than i5i cF 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 Reve=e Code; or <br />�� +aa : t - � Satz_ k t�•:y <br />_ <br />•i <br />