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I ~~~ 83-e05536 FHA ADDENDUM 83- 005026 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- 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 l03A(d) and (j)(2) of the Internal Revenue Code; or (i].) who has had a present ownership interest In a principal Lesidence dur1ng any part of the three-year period ending on the date of the sale or transfer, all as provlded ln Section l03(A)(e) and (J)(2) of the Internal Revenue Code (except that the ~anguage "100 percent" shall be 5ubstltuted for 1~90 percent of more~' where the latter appears in Sec~:on l03A(e)(1); or ; : 1 : ) than ::0 (greater dences I , ( J li:; )"f at an acqu:slt:O!~ ~ost Whlch is greater per~~nt ~t r~e average area purchase price than :20 pel-cent ~or targeted area res~- all as pI.IJv~ded :~ Sect:on 10JA{f) and :.he :nt.erna.... "F-;€l':enue :ade; ,l'" (ivj ~hQ :la~ an :nCOfne: ;.r1 excess of ~hat estab.l-l~hed by t..L~ Neb!-as1<~ Mo::~tqage tlna.nce Fund (Ot~ .'.,ts ~eqal s-.:..tcc,,-asor. .'_:-:e Nebraska :n\.~estrn-e:nt !:---lnance Aut.hcrlt.jj .~n(1~t _ts app':'l::able regulations or :ptogram qu:de~ :tleti -'-h ~.t' feet ':'-:1 the -::late of the sale or transfer; .~r (b) s.o:.-rowet' :'a~ is ~~() ,:-c'C'.~py ~:ht; pt-Opel.ty desc:~ibe-d ~n :ne ~.-"~ - Ja..;e __t!;~'.,,~..._ Hei1:.1~l 5 ~!..:.o=- w:r.lt.ten consent.; at: (c) BorrOWel" 0ml~S .Jt ~1s~~pl'e&~rlts a :na~erlal fact In an appllcatlorl ~O!' ~!}l~ ~ortqage" Reference$ are :'0 ""~he :~1tel-nal Revenue Code In effect on the date of executlon ci the mCt.t:gage~ aI~d are deemed to inc lude the lmplementl'lg :'egu 1a t :ons. NMFF 6/63 ~ L L u ..J