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I 83_, u04912 FHA ADDENDUM As long as this mortgage is held by the Nebraska Mort- gage Finance Fund (or its legal successor, the Nebraska Investment Finance Authority), the Lender may declare all sums secured by this mortgage to be immediately due and payable if: (a) all or part of the property is sold or other- ~ise transferred (other than by devise, descent or operation of law) by Borro~er to a purchaser or other transferee: (i) who cannot reasonably be expected to occupy the property as a principal residence ~ithin a reasonable time after the sale or transfer, all as provlded in Section I03Ald) and (j)(2) of the Internal Revenue Code; or (ii) who has had a present ownership interest in a princ2pal residence during any part of the three-year perlod ending on the date of the sale or transfer. all .s provlded 1n Section l03(A)le) and (j)(2) of the Internal Revenue Code (except that the language HI00 percentH shall be substituted for H90 percent of morell \.there the latter appears in Sect10n rOJA(e)II); or liii) at an ~cqu~slt~on cost which is greater than 110 percent of the average area purchase price (grea~er than 120 percent for targeted area resi- dences), all i}$ p:n:yvlded :,1"). Sect-lon 103A( f) and (j)(2} ("if t.he rntet'nal Reven,ue Code; or (iv) who ham an ~ncome 10 excess of that establ.l~heci. by t,he Nebraska Mortgage Finance Fund (or ite legal successor. the Nebraaka Investment Finance Autho!:l1:y) under :t5 applicable regulations or- prog~am gUldeline.e 1n et~fect on the date of the sale or transfer; Or lb} described consent. ; ~~r~~wer ~~1~~ t~,~~CU~Yrth~ ~~~p:~~y. ....h "--He mO.o.-Lgage """",,,!'leu,,,, ..,~enaet 1;""..1 t"'.......O! OX writ:ten te) Borrower omlts or ~lsrepresent8 a material fact in an appllcatlon for 'chis mortgage. References are to the Internal Revenue Code 1n effect on the date of e~ecutlon of the mortgage, and are deemed to include the 1mplementlng regulations. NMFF 8/83 u L -1 L