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83-ft05428 r FHA ADDENDUI1 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 1:his mortgage to be immediately due and payable if: (al 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 Re~enue Code; or (il) who has had a present ownership interest in a p~incipal ~esidence during any part of the three-yea~ period ending on the date of the sale or transfer, all as provided in Section l03(A)(e) and ; j ) (2) of the Inte~-nal Revenue Code (except that the lang'1.1age '1:;'00 percentlf 3hall be sut>sti tuted for H90 pe~:cent ,:;f :TIore" wher:-e 'the latter appears in SeC~iQ!l l83A(e)(1); or (lii) ~t a~ acq~isition C~5t which is greater than 118 per~ent of the average area pu~chase price (greater than 120 percent for targeted area resi- dences), all as provided in Section l03A(f) and (J)(2) of the Internal Revenue Code; Or (iv) who has an income 1n excess of that established by the Nebraska Mortgage Finance Fund (or its legal successor, the Nebraska Investment Finance Authority) under its applicable regulations or program guideli:les in effect on the date of the sale or transfer; or (b) Borrower fails to occupy the property described in the ~ortgage without Lender's prior written consent; or (c) Borrower omits or misrepresents a material fact in an applica~lon for this mortgage. References aloe to the Internal Revenue Code 1n effect the date of execution of the mortgage, and are deeme~ to include the implementing regulations. (1 /-,1 /' /J /' \lL-/ ItlZi/ NMFF 8/83 uavia ~. ..ihard on I -,/.' ";t;;;;'?kY1L/Add u0 Susan R. Pl ard u L L --.J L