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I FHA ADDENDUM 83- 005314 As long .a.s this mortgage is held by the Nebraska Mort- ga<;1e Finance Fund (or its leqal successor, the Nebraska Investment Finance Authority), the Lendet- ffiaydeclare all SUIllS secured by this mortgage to be immediately due and pay.able 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: (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 (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 (j)(2) of the Internal Revenue Code (except that the language "100 percent" shall be substituted for "90 percent of more" where the latter appears in Section l03A( e) (1); or (iii) at an acquisition 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 income in excess of that established by the Nebraska Mortgage Finance Fund (or its legal successor, the Nebraska Investment .. Finance Authori tYl under its applicable.. r;egulations or program guidelines in effect on the date of the sale or transfer; or (p) 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 this mortgage. References are to the Internal Revenue Code in effect on the date of execution of the mortgage, and are deemed to include ~he implementing re~~lations. NMFF 8/83 J Y . 7'7 ,:,~ A-- W c<' A-e.,..4..- Hark .1. Liess cQ jJ r1 ;j; Al-Q Hary G':~ess . ' u L -1 L