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4. <br />, tic:y <br />15� <br />I <br />0 <br />EXHIBIT E <br />MORTGAGE ADDENDUM <br />gO- 108883 <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 />XXX 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 iE: <br />(a) all or part of the property is sold or other- <br />wise transferred (other than by devise, descent or <br />operation of lac) by Borrower to a purchaser or other <br />transferee: <br />(i) who cannot reasonably be expected to <br />oc'::upy the property as a principal resident within <br />a reasonable time after the sale or transfer, all <br />as provided in Section 143(c) and 143(1)(2) of the <br />Internal Revenue Code of 1996, as amended; or <br />(ii) who has had a present ownership interest <br />in a prinripal residence during any part of the <br />three -year period ending on the date of the sale cr <br />transfer, all as provided in Section 143(4) and <br />143(1)(2) of the Internal Revenue Code (except that <br />the language "loo percent , shall be substituted for <br />"95 percent or more" where the latter appears in <br />section 143(d)(1); or <br />(ii:i ) at an acquisition cost which is greater <br />than 901 of the average area purchase price <br />(greater than 11V for targeted area residences), <br />all as provided in Section 143(6) and 143(1)(2) of <br />the Internal Revenue Code; or <br />(iv) whose family income exceeds the appli- <br />cable percent of applicable median family income as <br />provided in Section 143(f) and 143(1)(2) of the <br />Internal Revenue Code; or <br />(b) Borrower fails to occupy the property <br />described in the Mortgage without prior written cunsent <br />of Lender or its successors or assigns; or <br />(c) Borrower omits or misrepresents a fact that is <br />ofttheaInternale Revenue oCode provisions <br />n all ppplicatsontfor the <br />Mortgage. <br />References are to the 1986 Internal Revenue Cede in <br />effect on the date of execution of the Mortgage and are <br />deemed to include the impzementing regulations. <br />l <br />Borrower Dale E. 8ertasEt <br />�yAnn Borrower M�Beirrnth <br />r- .x-' -'= <br />' - ter► <br />r. <br />•b <br />, tic:y <br />15� <br />I <br />0 <br />EXHIBIT E <br />MORTGAGE ADDENDUM <br />gO- 108883 <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 />XXX 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 iE: <br />(a) all or part of the property is sold or other- <br />wise transferred (other than by devise, descent or <br />operation of lac) by Borrower to a purchaser or other <br />transferee: <br />(i) who cannot reasonably be expected to <br />oc'::upy the property as a principal resident within <br />a reasonable time after the sale or transfer, all <br />as provided in Section 143(c) and 143(1)(2) of the <br />Internal Revenue Code of 1996, as amended; or <br />(ii) who has had a present ownership interest <br />in a prinripal residence during any part of the <br />three -year period ending on the date of the sale cr <br />transfer, all as provided in Section 143(4) and <br />143(1)(2) of the Internal Revenue Code (except that <br />the language "loo percent , shall be substituted for <br />"95 percent or more" where the latter appears in <br />section 143(d)(1); or <br />(ii:i ) at an acquisition cost which is greater <br />than 901 of the average area purchase price <br />(greater than 11V for targeted area residences), <br />all as provided in Section 143(6) and 143(1)(2) of <br />the Internal Revenue Code; or <br />(iv) whose family income exceeds the appli- <br />cable percent of applicable median family income as <br />provided in Section 143(f) and 143(1)(2) of the <br />Internal Revenue Code; or <br />(b) Borrower fails to occupy the property <br />described in the Mortgage without prior written cunsent <br />of Lender or its successors or assigns; or <br />(c) Borrower omits or misrepresents a fact that is <br />ofttheaInternale Revenue oCode provisions <br />n all ppplicatsontfor the <br />Mortgage. <br />References are to the 1986 Internal Revenue Cede in <br />effect on the date of execution of the Mortgage and are <br />deemed to include the impzementing regulations. <br />l <br />Borrower Dale E. 8ertasEt <br />�yAnn Borrower M�Beirrnth <br />r- .x-' -'= <br />' - ter► <br />r. <br />