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MORTGAGE ADDENDUM , 86-- 107269 The following are addenda to the Mortgage. Please check the applicable addendum The adderdurn thee. ed shall be incorporal,c ,! ntc and recorded with, the Mortgage. The lean "Mortgage" shall be deemed to include. "Deed of Trust." if applicable. Property Described as: Lot 6,E3lock 103 in Koenig and Wiebe's FHA ADDENDUM Addition to the City of Grand Island, Hall Co., NE As tong as the Mortgage is held by the Nebraska Investment Finance Authority, the Lender may declare all sums secure, by the Mor,ga;e to be immediately due and payable :f. la) all or pan of the property is sold or otherwise transferred (other than by devise, descent or operation of law) by Borrower io 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 103A(d) and 6)(2) of the Internal Revenue Code; or hr► who has had a present ownership interest in a principal residence during any part of the three -year period ending on the date of the sale or transfer, ail as provided in Section 103(A)(e) and (D(2) of the Internal Revenue Code (extent that the language "1006 /o" shall be substituted for "900% or more" where the latter appears in Section 103A(e)(1); or (iii) at an acquisition cost which is greater than 1100/6 of the average area purchase price (greater than 120cro for targeted area residences), all as provided in Section 103A(f) and (j)(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 regula- tions 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 Lender's 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 irr,plemcr ung regulations. VA MORTGAGE ADDENDUM If. so long as the Mortgage is held by the Nebraska Investment France Authority, all or any part of the property is sold cr tran ;ter e by Borrower without Lender's prior written consent. other than a transfer Ly devise, descent or by operation of law. the Lender Lender's option, declare all the sums secured by the Mortgage to be immediately due and payable. CONVENTIONAL MORTGAGE ADDENDUM As "long as the Mortgage is held by the Nebraska Investment Finance Authority, the Lender rnay. at Lenders opnon, declare all Sums secured by the Mortgage to be immediately due and payable if Bon, over omits or misrepresents a fact in an application for the Morlcacc including, without limitation, anything contained in the Mortgagor's .Affidavit and Certdicavon executed by Borrower in con;.:ncticn vnth. the Mortgage. By signing below, the Borrower accepts and agrees to the terms contained in this Addendum Dated: J :' an GAIL J1 Y , an arrie person October 31 86 JANE K. THORNGRE: an unmarried STATE OF NEBRASKA person COUNTY OF - HALL - - - - -_ --- - - - -_- _ - -- 3 SS: The foregoing instrument was acknowledged before me on ____._DLLo.her._31 -986 by_Gail J. Yenny_ an uDtnarried._-Rerson and_.Zane_K. T}�orngrg F_aA_untn�frsied_RersQn -__ _ _ -___ Wiffm .Person s r • ;dam � , a s DEOOMi1 L WALE ;0 -:.av PUBUC �� 1WINK 216 no r`. •as ^. Hii'A 86 L 10 J