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'� � ' , 201200865 When recorded mail to: #:6938922 First American Title ��Q��uu��u� Loss Mitigation Title Services 392.1 P.O. Box 2767Q Santa Ana, CA 92799 RE: JACKSON - PC REC SVC GMAC Mortgage, LLC 3451 Hammond Avenue Waterloo, IA 50702 Loan Number: 0602106655 FHA Case No. 3212531168703 {Space above this line for recording data} 5UBORDINATE MORTGAGE THIS SUBORDINATE MORTGAGE ("Security Instrument") is given on 11/8/2011. The Mortgagor is MARVIN E GOODRO DEBRA J TAYLOR-GOODRO , whose address is 2916 NORTH WEBB ROAD GRAND ISLAND NE 68803 ("Borrower"). This Security is given to the Secretary of Housing and Urban Development, whose address is 451 Seventh Street, SW, Washington, DC 20410 ("Lender"). Borrower owes Lender the principal sum of Thirty Two Thousand Seven Hundred Thirty Dollars and Ninety Six Cents (U.5. $32,730.96). This debt is evidenced by Borrower's note dated the same date as this InstYUment ("Note"), which provides for the full debt, if not paid earlier, due and payable on 11/1/2041. This Security Instrument secures Lender: (a) the repaytnent of all the debt evidenced by the Note, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums with interest advanced under Paragraph 7 to protect the security of tlus Security Instrument; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, warrant, grant and convey to the Lender, with power of sale the following described property located in HALL County, NE: See attached Legal Description Which has the address of 2916 NORTH WEBB ROAD GRAND ISLAND NE 68803 ("Property Address"); TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Insm�ment as the "Property." BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and convey the Properiy and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against a11 claims and demands, subject to any encumbrances or record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Bonower and Lender covenant agree as follows: