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<br />88- <br /> <br />107060 <br /> <br />64906-1-20 <br /> <br />MOUGAGE ADDENDUM <br /> <br />!he fo!totllinl II'" Iddlnda to the Mortl'i'. PL.... chick the Ippttclbl. addendum. The <br />Iddlndu. chaeta" .hyll bit Incorporatld Into, Ind rlcardld w'th, the Mort,',I. Thl t.rll <br />-Mart....- .heL; :JI:i .1~...d to IncLude wD..d of Trult,. If .ppllcabll. <br /> <br />..!- 'MA ADDUD~" <br /> <br />AI long I' the Mort,I,1 II outltlndlnl, t;ha Lend.r II'''' dlcl.re all .ums .ecured by the <br />Mart,I,1 to bl fllfledlatlly dUI and payable if: <br /> <br />CI) III ar p.rt of the proPl.rt'1 I, lold or otharwi.. trln.f.rred [other thin by <br />dlvi.l, d..clnt or operation of 'a..) by :iorraw.r to . purch...r or other tranlfer..: <br /> <br />(II ~h. <br />principI' residencI <br />proYi dad In SecI: f on <br />..ended: or <br /> <br />cannot reasonlblv be .apected to occupy the property IS' <br />within I relsonable time Ifter the Sll. or trlnsfer, III a. <br />14](C) and 14]( ()(2) of the Internal Rev,enu. Code of 1986, I' <br /> <br />eli) who h.. hid I pre..nt ownership interest in. principll residence <br />during an')l' part of the three-y..r period ending on the date of the slLe or transfer, <br />ILL I' provided In Section '43(d) Ind 143(i)(2> of the Internal Revenue Code (except <br />thlt the langulge -,0D percent- .hlL 1 be lub.ti tuted for -95 peree"t or mare" where <br />the llrter appears in Section 143(dH11); or <br /> <br /><iii) at In acquisition cost which is greater thin 90: of the average are. <br />purchl.1 price (greater thBn ',0: far targeted .rea residences). all as provided in <br />Section 143(e) and 143(1)(Z) of the Internal Revenue Code; or <br /> <br />e Iv) who ha. In income in eKeeSI of that estlbl ished by the Nebraska <br />lnveltllent Finlnce Authority under its IppLicabLe regulltlons or program guidelines <br />in .ffect on the date of the ..le or trlnlfer: or <br /> <br />(b) lor rower flils to occupy the property described in the ~tlrtglge without <br />Lender" prior written consent; or <br /> <br />ec) lorrower Oll'tS ar lIisrepresents <br />MOrtgage. <br /> <br />m.teriaL flct in an application for the <br /> <br />leferenee. are to the Internl' Revenue Code in effec~ on the date of execution of the <br />.ortglge Ind are deemed to incLude the illpLelllenting regulations. <br /> <br />_ VA MORTGAGE ADDENDUM <br /> <br />If, 10 long I' the Mortgage is outstBnding. all or any part 01 the property is sold or <br />tranlferred by Borraver vithout Lender'S prior written consent. other than I transfer by <br />devil., descent or by operation of lav, the Lender .ay. It Lender's option. declare all the <br />IU.. .ecured by the Mortgage to be illmediately due Ind payable. <br /> <br />:;;, <br /> <br />:J:rt:aALJ . ~ rI~ <br /> <br />j] Douglas G. Lane . <br /> <br />_~L/) cf kfY1c::. <br />Borrower - <br />Debra L. Lane <br /> <br />December 29. 1988 <br />hie <br /> <br />State of Nmbr..k. <br /> <br />IS. <br /> <br />County of Hall <br />The foregoing instrullent .... IcknowLedged before lIIe this ~ day of <br /> <br />December '9~. <br /> <br />by <br /> <br />Douglas G. Lane ana ueOI:"a t... t..du~, l,ubb';'nd and wife, <br />Witn... IIY hind .nd notartaL ...l .t Grand Island in ..id <br /> <br />I.'A .191111 S.rln 0 <br /> <br />J:liBIRAlIJTAII'I-S1ab of IlePka <br />CONNIE S. BALES <br />My Comm. El~. O~ 11. 19!1!l <br /> <br />(/~....,.;"~ <br />latlry Publ ic <br /> <br />~~unty, the date afore..id. <br /> <br />~~h~ <br /> <br />!ly Co..llSlon Ellplr.., <br />