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<br />I <br /> <br />MORTGAGE AUUENDUM <br /> <br />88- 102001 <br /> <br />The ~ollowin9 are addenda to t~e Mortgage. Please check the <br />appl:Loabl'. addendum. The addendum checked shall be incorporated <br />into, and r.corded with, the Mortgage. The term "MortgageH shall <br />b. d....d to inolud. HOeed of Trust,. if applicable. <br /> <br />XX. FHA ADDENDU" <br />A. 10n9 as the Mortgage is outstanding. the Lender may declare <br />all .u.. .ecured by the Mortgage to be immediately due and payable <br />ita. <br /> <br />-~ " <br /> <br />Ca) all or part of tho property is sold or otherwise <br />tran.terred (other than by devise, descent or operation of law) <br />by Borrower to a purchaser or other transferee: <br /> <br />(1) who cannot reasonably be expected to occupy the <br />property as a principal residence within a reasonaole time <br />atter the .ale or transfer, all as provided in Section 143(0) <br />and 143(1)(2) of the Internal Revenue Code of 1986. as <br />a..nded; or <br /> <br />(11) who has had a present ownership interest in a <br />principal re.idence during any part of the three-year period <br />end1nq on the date of sale or transfer, all as prOVided in <br />Seotion 143(d) and 143(i)(2) of the Internal Revenue Code, or <br /> <br />(1i1) at an acquisition cost which is greater than 90X <br />ot the average area purchase price (greater than 1101 for <br />targeted area residences), all as provided in Section 143(e) <br />and 143(1)(2) of the Internal Revenue Code; or <br /> <br />(1v) who has an 1ncome in excess of that autablished by <br />the N.braska Investment Finance Authority under its applicable <br />regulation. or program guidelines in effect on the date of the <br />.al. or tranefer) or <br /> <br />(b) Borrower fail. to occupy the property described 1n the <br />Hortgage without Lender's prior written consent; or <br /> <br />(e) Borrower omits or misrepresents a material fact in an <br />application for the Mortgage. <br /> <br />References are to the Internal Revenue Code in effect on the <br />date ot exeoution of the mortgage and are deemed to include the <br />i.ple.enting re9ulat10ns. <br /> <br />VA MORTGAGE ADDENDUM <br />I It~ .0 10n9 a. the Mortgage is outstanding, all or any part of <br />the property is aold or transfel"red by Borrower without Lender'. <br />prior written consent. other than a transfer by devise, descent or <br />by operation ot law, the Lender may, at Lender's option, declare <br />all the au.. .ecured by the Mortgage to be immediately due and <br />payable. <br /> <br />',; <br /> <br />IN WITNESS WHEREOF, the borrower(s) has set his hand and seal. <br /> <br />Date <br /> <br />4-22-88 <br /> <br />e~J0~Lo <br /> <br />Borrower Robert M. Za~ i <br /> <br />State o~ M.bra.ka ) <br />) .s. <br />County o~ Hall ) <br /> <br />'\--7.~/ ?' ;f' i <br />_--:.._ -r... A Ir /}~ <br />BorrOWer a"ry . Zahm {/ <br /> <br />L.......' <br />.." -. <br /> <br />Th. ~or.901n9 instrum.nt was ~cknowledged before me this <br />day of . April , 19--.JHL, by Robert M. Zahm and Mary E. Zahm, <br />Husband and Wife <br />Wit-n... .Y hand and notarlal seal at Grand Island <br />in .aid oounty, th.date afor~B.ld. ;~ <br /> <br />. ({WtJ' <br /> <br />Not-;'~bliC <br /> <br />22nd <br /> <br />"yeoaai..lon expir.., <br /> <br /> <br />UMlIl1MY.M llf lItbfalka <br />ROIIIR'A L. RUD <br />If c-. bJ JItr 1l.. lfPj() <br /> <br />Ml~''''''''' "., <br />