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�. n C1 n <br />J n n C m D <br />o�M � _ C _ <br />T <br />W <br />CD <br />c) <br />M <br />M <br />o O <br />�u <br />rn <br />a Z3 <br />co <br />200002799 FHA Case No. 3211851021703 <br />�f <br />[Space Above This Line for Recording Data] <br />SUBORDINATE MORTGAGE <br />THIS SUBORDINATE MORTGAGE ( "Security Instrument ") is given on / !AK(n -31 , 2000. <br />c-) cn <br />O --I <br />�n <br />Z —1 <br />M <br />� O <br />O -*t <br />= M <br />D CZ) <br />r � <br />r n <br />n <br />Cn <br />O M <br />N CAD <br />O co <br />O W <br />N <br />O <br />O <br />—a <br />N <br />-13 cp <br />co � <br />CT) 0 <br />• <br />r� <br />The Mortgagor is Glafiro Guerrero Esquivel and Rebecca S. Guerrero whose address is 1523 N. Eddy Grand <br />Island, NE 68801 <br />This Security Instrument is given to the Secretary of Housing and Urban Development, and whose address is <br />451 Seventh St. SW, Washington, DC 20410. Borrower owes Lender the principal sum of <br />Dollars: five thousand four hundred twenty -eight and sixty cents ($5,428.60) This debt is evidenced by <br />Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for the full debt, if not paid <br />earlier, due and payable on April 1, 2027. <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, and all renewals, <br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under Paragraph <br />7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and <br />agreements under this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, warrant, <br />grant and convey to the Lender, with power of sale the following described property located in Hall County of <br />Nebraska. <br />NORTH 113 OF LOTS FOUR (4) AND FIVE (5), BLOCK FOURTEEN (14), SCHIMMER'S ADDITION TO GRAND <br />ISLAND, HALL COUNTY <br />Which has the address of 1523 N. Eddy Grand Island, NE 68801 <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be <br />covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." <br />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the <br />right to mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of <br />record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject <br />to any encumbrances or record. <br />Page 1 of 3 <br />