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<br /> ; � MORTaAC�E ADDENDUM - ' --
<br /> . 6571'
<br /> � E-- .... ..:,�
<br /> i The following are addenda ta the Mortqage. Please check E_�;_ °• �• --
<br /> the applic$ble addandum. The addeadtua checked shall be
<br /> . �corg�orated into, and recorded witl�, the Mortgaqe . The term ;:,,.;,,,.:T ww�,;�,;��,�;;�-
<br /> "1Kortqage" shaal be dee�ned to fnclude "]�e� of Trust," ff ;?�;r. ��;
<br /> - � • aPpliaable. � ;i,���.� !�� _ Ir1�:;�.�..
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<br /> •I�r 1� t ��«. •� -^l�r, �,.4+� `
<br /> .1I��� i.� � '� 1 .F.w r v�:l�y�: . .
<br /> .�f � ' � � l.�l .. t
<br /> As lonq as Che Mortqage is outstanding, the Lender may
<br /> declare all sums secured by tbe Mortqaqe to be imaediatoly .
<br /> 1 � . k . ...�t�+l{
<br /> � due and payablo i!:
<br /> . .��
<br /> � , � (a) a11 ac part of the proporty is soid or othor- '-
<br /> �� . � wiee translorrod (oth�r than by devise, deacant or ��_
<br /> ' .. op�ration a� law) by BorrowQx to a purchasor cr athQr i ��',-l;.'=
<br /> transE4r��: � '
<br /> (i) vho csnnot ceasonably be expected to �
<br /> � occupy the property as a principal resideat within
<br /> a reascnable tfine after the sale or transfer, all '
<br /> • as provided in Section 143(c) and 143(i) (2) of the ' ; �.:
<br /> - Ia4�er��a1 Rev�nue Cade af 1985, as sm�nde3; or = -
<br /> ( ii) who has had a present ownership interest . �.
<br /> in a principal residence during any pazt of the • -
<br /> three-year period endiaq on the date oE the sale or
<br /> transfer, all as provided in Section 143(d) and
<br /> 143(i)(2) of the Interaal Revenue Code (except that . �
<br /> � � the languaqe "loo percent" shall be substituted for
<br /> ' � � "95 percent or more" where the latter appears in <
<br /> �,.�, Sectivn 143(d) (➢.); or . � �
<br /> �,r.:•�� ,
<br /> ,'r' .�,5..:'.' (iii) at an acquisition cost whic'� is greater ,;�;:. , '. ; •� �
<br /> . ,. than 90� of the average area purchase price . . ,
<br /> (qreater than li0$ 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 incvme exceeds the
<br /> applicable percent of applfcable median faneily
<br /> incorne as provided in Section 143(f) and 143(i)(2) � � '
<br /> of t�ie Internal Revenue Code; or .,
<br /> ,;r' ,
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