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MORTGAGE ADVENDUtl 88- 101642 Th. Lo~1~win9 are addenda to t~e Mortgage. Please check the applioable addendum. The addendum checked shall be incorporated into. and r.ogrded with, the Mortgage. The term WMortgage- shall be d....d to inolude -Deed of Trust,- if applicable. xx FHA ADDENDUH A. 10n9 as the Mortgage is out8tanding, the Lender ~ay decl~re ell .u.. .eoured by the Mortgage to be immediately due and payable if: (a) all or part of tho property is sold or otherwise tran8ferred (other than by devise, descent or operation of law) by 8orrower to a purchaser or other transfereet (1) who cannot reasonably be expocted ~o occup.y the p~operty as a principal residence within a reasonable time Arter the sale or transfer, all as provided in Section 143(c) and 143(1)(2) of the Internal R~venue Code of 1986, as a.ended; or (11) who has had a present ownership interest in a prinoipal residence during any part of the three-yoar period endIng on the date of sale or transfer, all as provided ln Section 143(d) and 143(1)(2) of the Internal Revenue Code; or (il1) at an acquisition cost which is greater than 90S oL the average area purcha38 price (great~r than 110% for targeted-area residences), all as provided in Section 143(e) and 143(1)(2) of the Internal Revenue Code; or (lv) who has an income in excess of that entablished by the N.braska Investment Financ~ Authority under its applicable re9ulat1orte or program guidelines in effect on the date of the .al. or transfer; or Cb) Borrower fails to occupy the property descrlbed in the Mortvage without Lender's prior written consent; or (0) Borrower omits or miarepresents a material fact in an app11c.~lon for the Mortgage. R.r.rences are to the Internal Revenue Code in effect on the date at execution of the mortgage and are deemed to include the impl...ntlng regulations. VA MORTGAGE ADOENDU" If. .0 long .s the Mortgage is outstanding, all or any part of tho property 1s Bold or transfer'red by Borrower without Lender's prior wrltten consent, other than a transfer by devise, descent or by op.ration of law, the Lender may, at Lender's option, declare all the .U~8 secured by the Morrgngo to be immediately due and payab~.. IN WITNESS WHEREOF, the borrower(s) has aet his hand and seal. ~D.t. , - 3-30-88 ---V'vY/./l J f'l /~ cL~ ' . ~A. Redman ,:!. -,' Borrower - -------.. ------- Stat. o~ Nebraska Count, of Hall ) ) 8B. ) The . day of foregOing in.trument was ~cknowledged before me this March , 19 ~~_, by Mary A. Redman. A Single Person 30th. -:;1.. q. . 1n Witn... .Y hand and not.arial Baal at Grand Island .aid county, tho date .fore8aid'~ ~ f coe.1..1on .xpire. l _ ~ ~~ __V1. GllWlllTNlYoStall Dl Mraska Not ry Publ c RQlfRTA L REED "-~.Jl, 1900 ~ HV .' ,< Itl".""" ",.. -'~.