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MORTGAGE ADDENDUM $5,,,_ 107268 The following are addenda to the Mortgage. Please check the applicable addendum. The addendum checked shall be rncorporal<;U -,.c and recorded with, the Mortgage. The term "Mortgage" shall be deemed to include "Deed of Trust," it applicable. FHA ADDENDUM Property described as: Lots 183 and 184, in Belmont Addition __— — to the City of Grand Island, Hall Count Nebraska. As long as the Mortgage is held by the Nebraska Investment Finance Authority, the Lender may&clare all sums secured by the Mortga:gc• to be Immediately due and payable if: (a) all or part of the property is sold or otherwise transferred (other than by devise, descent or operation of law) by Borrower to a purchaser or other transferee: (i) who cannot reasonably be expected to occupy the property as a principal residence within a reasonable time after the sale or transfer, all as provided in Section 1WA(d) and OX2) of the Internal Revenue Code; or (ii) who has had a present ownership interest in a principal residence during any part of the three -year period ending on she date of the sale or transfer, all as provided ir. Section 103(A)(e) and OX2) of the Internal Revenue Code (except that the language "100%" shall be substituted for "90% or more" where the latter appears in Section 103A(e)(1); or (iii) at an acquisition cost which is greater than 1100/0 of the average area purchase price (greater than 120% for targeted area residences), all as provided in Section 103A(0 and 0)(2) of the Internal Revenue Code; or (iv) who has an income in excess of that established by the Nebraska Investment Finance Authority under its applicable regu :a- lions or program guidelines in effect on the date of the sale or transfer; or (b) Borrower fails to occupy the property described in the Mortgage without Lenders prior written consent: or (c) Borrower omits or misrepresents a material fact in an application for the Mortgage. References are to the internal Revenue Code in effect on the date of execution of the mortgage and are deemed to include the imp`emen- ling regulations. VA MORTGAGE ADDEh1011-110 If, so long as the Mortgage is held by the Nebraska Investment Finance Authority. all or any part of the property Is sold or tran.sferre:; by Borrower without Lender's prior written consent. other than a transfer by devise, descent or by operation of taw, the Lender may, at Lender's option, declare all the sums secured by the Mortgage to he immediately due and payable. X CONVENTIONAL MORTGAGE ADDENDUM As long as the Mortgage is held by the Nebraska Investment Finance Authority, the Lender may, at Lender's option. declare al; sums secured by the Mortgage to be immediately due and payable if Borrower omits or misrepresents a tact in an application for the flortoace including, without limitation, anything contained in the Mortgagor's Affidavit and Certification executed by Borrower in conlunctier, with the Mortgage. By signing below, the Borrower accepts and agrees 10 the terms contained in this Addendum. Dated: YAN R. PARKS d of Laura A. ?arks November 6 86 TnUR1, A. PARKS, wife of BRYAN R. PARKS STATE OF 1YMAX9KA Michigan COUNTY OF___IWXX_M1SI:lAnd--- _ —_ —__ ss The foregoing instrument was acknowledged before me on ____� - )6_�-�Y3 �,� COLT IY CF Hall The foregoing instrument was acknowledged before rte on 110 v e rrr (person(s) acknowledging) F— •86 03 .:FA F :86 1WXNEMt NOTIIIIY -foals M Nelnslq t DEBORAH L KIMBLE Mfr Cmm Fxg Now. 2.k 1997 NOLARY PUBLIC ity Gatntision expires: U J by _ prxTrararT StxXRarxUrerxxTtirxxiR 8rsan._RT..Parks lllisbdrid._.Of- Lalll"d &�-- PY145 - - - -- - - ---- -- - -r- __ - De's� : :;s; acnr.C:YeCg.nGl e . (• " "" NOTARY PUBLIC, SAGKAW COUNTY, rA -O.E: -; ACTING IN MIDLAND COUNTY ±ticii, ,y My Cominision expires: jun T, 1987 1 ?, STATE CF DIIQ�ADx Nebraska COLT IY CF Hall The foregoing instrument was acknowledged before rte on 110 v e rrr (person(s) acknowledging) F— •86 03 .:FA F :86 1WXNEMt NOTIIIIY -foals M Nelnslq t DEBORAH L KIMBLE Mfr Cmm Fxg Now. 2.k 1997 NOLARY PUBLIC ity Gatntision expires: U J