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HORTGAGE AOOENDUH Q8- 107088 the followfnc '".~ .ddenda to the Mortgage. Plellle check the eppl icable addendum. The .dd.ndum checked ~.i-~!" be incorporated into, and recorded with, the Hortgage. The term "Mortgago" shall be ~~;;med to Include MD.ed of Trust,'1 if .pplfc.ble~ -1QL FHA AOOENOUiI As long itS the Mortgage Is outstanding, the Lt. ,der may declare illl sums secured by the Hortgege to be fmmedletely due and payeblo If: (II) al t or part of the property is sold or otherwise transferred (other than by daYf.., descent or operation of law) by Borrower to . purchaser or other transferee: (f) who cannot reasonably be expected to occupy the property as a principal residence within II reasonable time after the sale or transfer, all as provided in Section .143(c) and 143(i)(2) of the" InternaL Revenue Code of 1986, as amended; or (i~) who hilS had II present own~rship interest in II principaL residence during any part of the three-year period ending on the date of the sale or transfer, aU as provided in Section 143(d) and 143(i)(2) of the InternaL Revenue Code (except that the language "100 perc.entll s"haLl be substituted for 1195 percent or morell where the Latter appears in Section 143(d)(11)i or . (iif) at an acquisition cost which is greater than 90X af the average area purchase price (greater than 110~ for targeted area residences), all as provided in Section 143(e) and 143(i)U:) of thr InternaL Revenue Code; or (iv) who has an income in excess of that estabUshed by the Nebraska Investment Finltnce Au.thority under its applicable regulations or program guidelines in effect on the date of the sale or transfer; or (b> Borrower fails to occupy the property described in the Hortgage without Lender'S prior written cons'!:"t; Dr (e) Borrower omits Dr misrepresents Mortgage. materieL fact in an application for the References are to the InternaL Revenue Code in effect on the date of execution of the mortgage and are deemed to incLude the implementing regulations. _ VA HORTGAGE ADOENDUH If. so Long as the Mortgage is outstanding, all or any part of the property is sold or transferred by Borrower without Lender'S prior written consent, other than a transfer by devise, descent or by operation of Law, the Lender IIay, at lender'S option. decLare all the sums secured by the Mortgage to be immediately due and payabLe. 12-30-88 Date m:~ /~ I ~ /{, t7______ Borrower tephen A. ees BLi~{fom~. ~~ State of Nebraska County of Hall The foregoing instrument was acknowledged before me this 30th day of December. 19~. 55. by Steohen A. Rees and Roma J. Rees. Husband and Wife. NEFA 1988 Series 0 IITARY-Stm 01 M!lllas"" ROBERTA L. REED My tomm. ErjI, 1,llll,;,;.!!'lI. ,.~<.".'" ... ,.n ...;.,..., fda,j,.~d No ery pubL ic ~itness .Y hand and notarial seal .tGrand Island My Co..fssion Expires: