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<br />i 88- 105531 <br /> <br />EXHIBIT E <br /> <br />MORTGAGE ADDENDUM <br /> <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, ,j, if <br />applicable. <br /> <br />~ FHA ADDENDUM <br /> <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 if: -. <br /> <br />(a) all or part of the property is sold or other- <br />wise transferred (other than by devise, descent or <br />operation of law) by Borrower to a purchaser or other <br />transferee: <br /> <br />" <br />(i) who cannot reasonably be expected to . <br />occupy the property as a principal residence within <br />'a reasonable time after the sale or transfer, all <br />as provided in Section 143(c) and 143(i}(2} of the <br />Internal Revenue Code of 1986, as amended; or <br /> <br />(ii) who has had a present ownership interest <br />in a principal residence during any part of the <br />three-year period ending on the date of the sale or <br />transfer, all as provided in Section l43(d} and <br />143(i)(~) of the Internal Revenue Code (except that <br />the language "100 percent" shall be substituted for <br />"95 percent or more" where the latter appears in <br />Section 143(d)( 11); or <br /> <br />(iii) at an acquisition cost which is greater <br />than 90\ of 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 /> <br />(iv) who has an income in excess of that <br />established by the Nebraska Investment Finance <br />Authority under its applicable regulations or pro- <br />gram guiJelines in effect on the date of the sale <br />or transfer; or <br /> <br />711... <br />