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"Borrower" shall refer to Jessica I- Jackson, A Sir <br />located at 2228 W t011, St. Grand island NE 68803 <br />\ I <br />This Agreement shall be properly recorded, at Borrower's expense, with respect to: <br />Lot Ten (10), Block Five (5), Dill and Huston's Addition to the City of Grand Island, Hall l <br />(or as attached hereto as Exhibit A and made a part hereof) (the "Property ".) <br />Horne Federal Savings & Loan Assn of Grand gland <br />PC? Box 1009 <br />Grand island. NE 68802 <br />or, FAX COPY TO: <br />(308) 398_4982 <br />Return this recorded document to: , LF' 06 <br />REAL ESTATE RETENTION AGREEMENT <br />For purposes of this Agreement, the following terms shall have the meanings set forth in this document: <br />"FHLBank" shall refer to the Federal Home Loan Bank of Topeka, located at One Security Benefit PI, Suite 100, <br />Topeka, KS 66606. <br />"Member" shall refer to Ho <br />located at 221 s Locxfst st, Grand tats <br />(FHLBank's Member), <br />For and in consideration of receiving direct funds in this amount FetrrTMoussnd Eight Hundred a ' t Dollars <br />($4,880.00 ) (the "Subsidy ") under the Affordable Housing Program (AHP), which is governed by 12 U.S.0 <br />1430(j), 12 CFR Part 1291, and the AHP Implementation Plan (the Rules). The Subsidy is provided to Borrower as a <br />grant, subject to the five -year retention described herein. There is no obligation to repay the Subsidy, except as <br />further described in this Agreement and there is no interest on this grant. <br />unty, Nebr <br />Borrower hereby agrees to maintain ownership of and reside in the Property as primary residence for a period of <br />five years ( "Retention Period ") from the closing date for the purchase of the Property as evidenced by the <br />settlement statement, or, for owner - occupied rehabilitation projects, this agreement shall be effective as of the <br />date of the final, signed cost certification, and further agrees that: <br />Revised: April 6, 2015 <br />