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87100735
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87100735
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Last modified
10/19/2011 12:57:18 AM
Creation date
3/27/2008 1:56:05 PM
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DEEDS
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87100735
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0915652 -0 <br />MORTGAGE ADDENDUM 87— 10 07 3 5 <br />The following are addenda to the Mortgage. Please check the applicable addendum. The addendum checked shalt be incorporated into, <br />and erxtrded with, the Mortgage- The term "Mortgage" shall be deemed to include 'Deed of Trust." if applicable. <br />FHA ADDENDUM <br />AS long as the Mortgage is held by the Nebraska investment Finance Authority, the Lender may declare all sums secured by the Mortgage <br />to be imme4ateiy due and payable it. <br />(a) all or part of the property is sold or otherwise transferred (other than by devise, descent or operation of law) by Borrower to ai' <br />purchaser or other transferee-, <br />(i) who cannot reasonably be expected to occupy the property as a principal residence within a reasonable time after the. <br />sale or transfer, all as provided at Section 103A(d) and 0)(2) of the Internal Revenue Code. or <br />(ii) who has had a present ownership interest in a principal residence durwV any part of the three-year period ending on the <br />date of the sale or transfer, all as Provided in Section 103(A)(e) and 00 of the Internal Revenue Code (except tbiat the <br />language "100 %" shalt be substituted for "90% or more" where the tatter appears in Section 103A(eXt), or <br />(ii) at an acquisition cost which is greater than 110% of the average area purchase price (greater than 120% for targetedarea <br />residences), all as provided in Section 103A(f) and (j )(2) of the internal Revenue Code. or <br />(iv) who has an income in excess of that established by the Nebraska 3rtvestrrrent Finance Authority under its applicable re guta- <br />bons or program guidelines in effect an the date of the sale or transfer, or <br />(b) Borrower faits to occupy the property described in the Mortgage without f endees prior written consent; or <br />(c) Borrower omits or misrepresents a material fact in an application for the Mortgage - <br />References are to the Internal Revenue Code in effect on the date of execution of the mortgage and are deemed to include the imptemen- <br />ting ions, <br />VA MORTGAGE ADDENDUM <br />It so ^9 as the Mortgage is held by the Nebraska Investment Finance Authuray, -ah of any part of the property is sold or translieried <br />by Borrower without Lenders prior written consent. other than a transfer by dense, descent or by operation of law, the Lender mW, as <br />Landers option. declare all the sums secured by tote Mortgage to be munediately due and payable_ <br />C?ONVENTK)NAL MORTGAGE ADDENDUM <br />As brig as the.tM ortgage, is luticf by the Nebraska Investment Finance Authority_ ltte Lawler may, at Lenders oplim declare a# stains <br />seed by the Mfartgaxte to be anrnediatety due and payable it Borruwer or?im or moisrepresents a fact in an appficabon hx the Alloitgage, <br />vickiding, wig f rnitation, anything contained in the Mortars Afhdaw and Iry executed by ,Borrower in conluiriciow rpdt <br />the mortgage <br />BY,Signi ig below, the Borrower. accepts and agrees to the terms con red m. this Adderidurn_ <br />Ind y ,r <br />3Lrame i.% end <br />- <br />Febr,Lrarv. . 6th _ ;$ 87 <br />,r <br />STATE OF WDRASICA <br />OF Rail'- - - - - SS. <br />The foregoing instrument was ad ntiwledged Ileetare me on Tor uar r ht r tg 8 <br />by 3r roze K. iii i slend <br />- <br />_ KRiS',iE HO VsmD, <br />EEY :+4G.3ZT?$9 €+' <br />._€.SYiG'°F+e <br />4iFA �19j <br />
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