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r ~~~ 83.-005129 83-005097 r EHA ADDENDUM As long as this mortgage is held by the Neb:raska 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- wise transferred (other than by devise, descent or operation of law) by Borrower to a purchaser or other transferee: (1) 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 (j}(2) 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 the date of the sale or transfer, all as provided in Section 103(A) (e) and lJ)(2) of the Int:ernal Revenue Code (except that the language "100 percent" shall be substituted for "90 percent of more" where the latter appears in Sect:lon 103A(e)(I); or (li~) at an acquisitlon cost which is greater than 110 percent of the average area purchase price (greater than 120 percent for targeted area resi- dences), all as provided in Section 103A(f) and (J)(2) of the Internal Revenue Code; or (iv) who has an :ncome 1n excess of that establlsheci by the Nebraska MOI'tgage Finance Fund (or" lts l.eqai ~5uccessor, the NebraSka Investment FInance Authol'lt\') under :ts applIcable regulations or prog!~am (Juldelines in effect on t:he date of the sale or trarlsfer; or (b) Borr?wer falls to c~cupy the p~operty desc:ribed in tne mortgage 11'\lltnout Lender s pt-l0r written consent; or (C) Borrower omlts or mIsrepresents a material fact in an appllcat.J.on for this mortg_age. References are t.o the Internal Revenue Code in effect on the date of execution of the mortgage, and are deemed to include the implementing rcegulatlOI1S, NMFF 8/83 L L L --~~ u ~