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201203S6g Return recorded mortgage to: FHLBank Topeka P.O. Box 176 7opeka, KS 66601 Subordinate Mortgage THIS SUBORDINATE MORTGAGE (Mortgagej is made on May 15 , 2012 by Bonnie Erin van Zuuk (Borrower). This Mortgage is given to the �ederal Home Loan Bank of 7opeka, a corporation organized and existing under the laws of the United States of America, and whose address is One Security Bene�t PI. Ste. 100, Topeka, KS 66606, Its successors and assigns (Lenderj. Borrower owes Lender the principal sum of Four Thousand & 00/100ths Dollars (ll.S. $ 4,000.00 1. This debt is evidenced by Borrower's note dated the same date as this Mortgage (Note). The Note provides for no payments if the Borrower complies with the terms of the Note. The loan evidenced by the Note and secured by this Mort�age (Loan) is being made pursuant to the Affordable Housing Program (AHP) as implemented by Lender (12 U.S.C.1430(j);12 CFR Part 1291). In addition to the Loan, Borrower obtained a mortgage loan (First Mortgage Loan) from Ftome Federal Savings & Loan Assn of Grand lsland (Senior Lien Holder), which loan is secured by a first mortgage lien on the Property (First Mortgage). 7he documents evidencing or securing the First Martgage Loan are collecttvely referred to herein as the First Mortgage Loan Documents. This Mortgage secures to Lender the repayment of the debt evidenced by the Note. For this purpose, Borrower irrevocably mortgages, grants and conveys to Lender and Lender's successors and asslgns, with power of sale, subject to the rights of Senior Lien Holder under the First Mortgage, the following properly, to-wit: Lot Nine (9), Block Fourteen (14), Schtmme�'s Addition to the City of Grand Island, Hall County, Nebraska. (which hasthe address of: 712 W 15th St, Grand fsland NE 68801 ), to have and to hold this property unto Lender and Lender`s successors and assigns, forever, all the improvements now or hereafter erected on the p�operty, and a41 easements, appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shail also be covered by this Mortgage. All of the foregoing Ss referred to in this Mortgage 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 Properly and, except for the First Mortgage and other encumbrances of record acceptable to Senior Lten Holder, the Property is unencumbered. Borrower warrants and will defend generaily the title to the Property a�ainst all claims and demands, subject to such encumbrances of record. 1. PAYMENTS. In the case of a sale ar refinancing of the Property within five years of the date of the Note jthe Retention Period), an amount equal to a pro rata share of the principal, reduced for every year Borrawer owned the Property, shall be repaid to the Lender from any net gain realized upon the sale or refinancin�, unless: (1) the Property was assisted with a permanent mortgage laan funded by an AHP subsidized advance; (2) the Property is so{d to a very low-, or low- or moderate-income household; or (3) following a refinancing, the Property continues to be subject to a deed restriction or other legaliy Revised February 2011