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<br />MORTGAGE ADDENDUM <br /> <br />88'"'1.06211 <br /> <br />the following are addenda. to the Hortgage. Please chsck the applicsble adden- <br />d\lll. Th. addendUlll checbd shall be incorporated into, and recordad with, the <br />Kortsqe. 'lbe tera ''Kortg.ge'' ehall be deemed to include "Deed of Trust", if <br />applicable. <br /> <br />XX FIlA ADDENDllH <br /> <br />As Ions as the Kortgage is outstanding, the tender may declare all sums secured <br />by the Hortgage to be immediately due and payable if: <br /> <br />(a) all or part of the property is sold or otherwise transferred <br />(other than by devise. descent or operation of lev) by <br />Borrower to a purchsssr or other trensferee; <br /> <br />(i) who cannot reasonably be expected to occupy the <br />property as a principal residence within a reason- <br />able time after tha sale or transfer, all as <br />provided in Section 143(c) and l43(i) (2) of the <br />Internal Revenue Code of 1996, as amended; or <br /> <br />(11) who has had a present ownership interest in a <br />principal residence during any part of the three- <br />year period endillll on the date of the sale or <br />transfer. all ae provided in Section 143(d) and <br />143(i)(2) of tbe Internal Revenue Code; or <br /> <br />(lli) at an acquisition cost which is greater than 90% <br />oJ the average area purchase price (greater than <br />110% for targeted area residences). all as provid- <br />ed in Section 143(e) and 143(i)(2) of the Internal <br />Revenue Code; or <br /> <br />(tv) who has an income in excess of that established by <br />the Nebraska Investment Finance Authority under <br />its applicable regulations or program guidelines <br />in effect on the date of the sale or transfer; or <br /> <br />(b) Borrower fails to occupy the property described in the <br />Mortgage without Lender's prior written conssnt; or <br /> <br />(c) Borrower omits or m1srepre"..nts a material fact in an <br />application for the Hortgage. <br /> <br />References sre to the Internal Revenue Code in effect on the date of execution <br />of the Hortgage and are deemed to include the implementing regulations. <br /> <br />VA MORTGAGE ADDI!NDllH <br /> <br />If, ao long as the Mortgsge is outstanding. all or any part of the property is <br />sold or transfe"red by Borrower without Lender's prior written consent, other <br />than a transfer by devise. descent or by operation of law, the tender may. at <br />Lender's option. declare all the sums secured by the Kortgage to be immediately <br />due and payable. <br /> <br />Date: <br /> <br />NOVEMBER <br /> <br />15, 1988 <br /> <br />-_.0.:&,1.: tL~ <br /> <br />A, ~o 1^)ol:1~r <br /> <br />Borrower> SALLY . WEBSTER <br /> <br />i~> <br /> <br />--., : <br /> <br />, <br />;, :)}~ <br />S~te. Iif Webrulta <br />~y of BAtL <br /> <br />ss. <br /> <br />-~ <br /> <br />--.'lbe fO!=tlBoing inst~nt wu acknowledged before 1Il8 this 15th day of <br />NOVI!KBER -. 19~. by ANTHONY R. WEBf:TER AND SALLY A. WEBST~ <br /> <br />Witnee. .J' hand and notarial seal at U IIJ11-.-I Jl;re.-, ./ in said <br />countJ'. the date aforesaid. <br /> <br />"' c~.e1on expirea: N~( :"bi~ex:(Y ~(J <br />J:_IlUll'...II..... <br />DlNlSlllAY UIlIIlY <br />4010-15 . ... _ tot. .. a. t.. <br /> <br />,;. <br />