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I 83- G05452 FHA ADDENDUM Al$ long as this mortgage is held by the Nebraska Mort- gaqe I!'inance Fund (or its legal successor, the Nebraska Invel$tment 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: (il 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 l03A(d) and (j)(2) of the Internal Revenue Code: or <. li} who has had a p:-esent ownership intel::est in a principal r:esidence during dny part of the three-year period end2:1g on the date of the sale or transfer, all as provided ~n Section l03(A)(e) and (j}{2) -of the Int~-:-nal Eieven:;e Code (except that ;he 2.anguage l.~ 100 p~rc~ntn s~all b~ 5ubsti tute~ for tgO percent ~~ morel wnere ~~e :atter appears In Section :C3A\e){1) ~~ (::"l.;.J at an ac::;t::sl~~lc;n cost .....vIu.ch is qreater ~han 1:0 percent of the average area purchase price (greate~ ~han 120 per=en~ for targeted area resi- dences), z~ll as p:>:)~"y:dt::d ::: Sect:.on lGJA{ f) and (j){2) (:2t ~he :n':"et~na':" ;{e~y'e;:\Je ,-,de; .):.~ {iv} who nas a~ l~come :=~ excess of that e5tabllshed by the Nebraska !'>!i.?t-tgage Finance Fund (or its legal fiuc~eesor. ~!:e Nebraska :Ilvestment Finance Aut:ho:-l t'j) u:-.:.der ~ ts appl~cable reg->Jlations or program g'..u..dell::es _.H effect :In the date of the sale or transfer; or (h) described consent; Dorrat;er falls ::0 0CC:.1PY the prt)pert:y ~., tile mortgage w:thou~ ~enderts pr~or or written (c) Borrower ~m:ts ~r Misrepresents a material fact in all appli=3tlcn !or thlS mortgage. References are to the :nternal Revenue Code in effect on the date of execut~on of the mortgage, and are deemed to include the implement~nq re~olat~ons, NMl!"F 8;83 l ...... L L