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<br />I <br />4-~ <br />84--- 004341 <br />R~.fl~ <br />84 --604182 <br /> <br />83- 005227 <br /> <br />r <br /> <br />fB'-'{\!2j) E=N!:)_"'!J>l <br /> <br />As long as this mortgage is held by the Nebraska Mort- <br />gage Finance Fund (or its legal successor, the Nebraska <br />Investment Finance Authority), the Lender may declare all <br />sums secured by this mortgage to be immediate'ly due- atld <br />payable if: <br /> <br />(a) all or part of the property is sold or other"' <br />wise transferred (other tchan by devise, descent or <br />operation of law) by Borrower to a purchaser or other <br />transferee: <br /> <br />(i) who cannot reasonably be expected to <br />occupy the property as a principal residence within <br />a reasonable t.ime after the sale O-r transfe-r'l all <br />as provided in Section l03A(d) and (j)(2) of the <br />Internal Revenue Code; or <br /> <br />(ii) who 11as h2d a pl'csent ownership int~rest <br />In a principal residence duri!1 any part of th~ <br />three-year perlod t~n-jinq on date of the sale or <br />transfer, dll d:.j f-Jl\.)'~;~cied iu ";ection l03(A)(e) and <br />(])(2) of cne Internal Kevenue Code (except that <br />the language 1!100 percentll shall be- substituted for <br />1190 percel1t of morell where the latter appears in <br />Sec"t.lon l03A(e){1); ,)r <br /> <br />i : l: ) <br /> <br />at dIl acqulsltloIl cost which is greater <br />;:)Cl'cent of tLe aver3.ge area purchase pric-e <br />~hiln 120 pel'ce!1t for" tQrqeted area resi.- <br />all d,S ;~:'(,v}dc:,111l ~;t-'-:c!,.ion l03!\(f} and <br />the : nt~el'r1(:ll Ee\/'.~nHe Code; 01" <br /> <br />~l'1,an 11 C <br /> <br />( \Jrei.l:~r <br />,-'iences} , <br />\ J' (2) ,-,r <br /> <br />(i '/) <br /> <br />',..,ho has an income In excess of that <br /> <br />establ.ished by :::L':~ :-leL':"d:::.ka t<1crtqage Finance Fund <br />(,Qr.~ ::..t~:; ~2\-J0.] '~U:"C'eS~;.(:l', Lbe Neb:t.~aska InvestnH:::11t <br />FInance Authorl t~j) under i t~ Ci..pplic'able l~egul,ations <br />or proqram \.HJ.idelll;es in effl'-2ct Dn the date of the <br />sale or ~ranste!-; :)>' <br /> <br />(b) <br />des':'-:l"ib~d <br /> <br />~~r~~:e~0~~~~:~L~~~~~~~rYL~:~~e~~~P~~~~r <br /> <br />consent; ~)l' <br /> <br />I <br />f <br />, <br /> <br />, <br /> <br />(c) B01'1','.I\\,lel ,)rill-:,;,,'; '1' H\l t'>1-,l't ;-,(:nt~s d. nld.Ler.i.al <br />!~act. In an a..P9l :Cct.L~\.":n ~"-)t t 1>1 ~c.:. I~()L.tqd\.Je. <br /> <br />Rt::fel.'ellces :ire t:.Q Lhe : !H.t~lT1.al ::';"eV'_'>llU~~ Code 111 effect <br />the da'te of eX€CU"tlOll of the ;nol'tJJaqt'~t dt:d a.l.'(~ deem.ed to <br />include the :rnplernez1tll1g r'e0~~:d:l( <br /> <br />NMFF 8f53 <br /> <br />L <br /> <br />L <br /> <br />L_ <br /> <br />written <br /> <br /> <br />on <br /> <br />u <br /> <br />-.J <br />