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201403762
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201403762
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Last modified
8/19/2014 2:26:16 PM
Creation date
6/23/2014 3:50:40 PM
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DEEDS
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201403762
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rn <br />c <br />�n <br />n <br />X 2 <br />FHLBank Topeka Note and Subordinate Mortgage <br />Fri <br />Return this recorded document to: <br />Equitable Bank <br />PO Box 160 <br />Grand Island NE 68802 -0160 <br />or, FAX COPY TO: <br />THIS FHLBANK TOPEKA NOTE AND SUBORDINATE MORTGAGE (Note and Mortgage) is made on June20 , <br />2014 by VIRGILIO ENCARNACION PEREZ, AN UNMARRIED PERSON (Borrower). This Mortgage is given to the <br />Federal Home Loan Bank of Topeka, a corporation organized and existing under the laws of the United States of <br />America, and whose address is One Security Benefit PI. Ste. 100, Topeka, KS 66606, its successors and assigns <br />(Lender). Borrower owes Lender the principal sum of SEVEN THOUSAND FIVE HUNDRED and 00/100 — Dollars <br />(U.S. $ 7,500.00 ). This debt is evidenced by this Note and Mortgage. This Note and Mortgage provides for no <br />payments if the Borrower complies with the terms set forth herein. The loan evidenced by and secured by this <br />Note and Mortgage is being made pursuant to the Affordable Housing Program (AHP) as implemented by Lender <br />(12 U.S.C. 1430(j); 12 CFR Part 1291). <br />In addition to the Loan, Borrower obtained a mortgage loan (First Mortgage Loan) from <br />EQUITABLE BANK (Senior Lien Holder), which loan is secured by a first mortgage <br />lien on the Property (First Mortgage). The documents evidencing or securing the First Mortgage Loan are <br />collectively referred to herein as the First Mortgage Loan Documents. <br />This Mortgage secures to Lender the repayment of the debt evidenced by the Note and Mortgage. For this <br />purpose, Borrower irrevocably mortgages, grants and conveys to Lender and Lender's successors and assigns, with <br />power of sale, subject to the rights of Senior Lien Holder under the First Mortgage, the following property, to -wit: <br />THE WEST HALF (W1/2) OF LOT THREE (3) AND ALL OF LOT FOUR (4), BLOCK ONE (1), LAMBERT'S ADDITION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />(which has the address of: 1403 E 8TH ST, GRAND ISLAND NE 68801 ), <br />to have and to hold this property unto Lender and Lender's successors and assigns, forever, all the improvements <br />now or hereafter erected on the property, and all easements, appurtenances and fixtures now or hereafter a part <br />Revised February 6, 2014 <br />c/z, <br />
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