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CD <br />(31 <br />ci <br />asoinowass <br />cn <br />CO <br />C,) <br />O <br />REAL PROPERTY MORTGAGE <br />FORGIVABLE LOAN FUND PAYMENT <br />REHABILITATION ASSISTANCE <br />Melissa A. Lamberson a single person, herein called the Mortgagors, one or more in <br />consideration of Eighteen Thousand Thirty Seven Dollars and 50/100 Dollars <br />($18,037.50) of Re -use Grant funds received from the Housing Development <br />Corporation (HDC), herein called the Mortgagee, does mortgage to the Mortgagee the <br />following described premises, 209 E. 15th St., Grand Island Nebraska, situated in Hall <br />County and the State of Nebraska to wit: <br />LEGAL DESCRIPTION <br />Lot Four (4), Block Seventy -Six (76), Wheeler and Bennett's Third <br />Addition to the City Grand Island, Hall County, Nebraska <br />And the Mortgagee does hereby covenant with the Mortgagor and with Mortgagor's heirs <br />and assigns that Mortgagor has good right and lawful authority to convey the same, and <br />that Mortgagor warrants and will defend the title to said premises against the lawful <br />claims of all persons whomsoever. <br />This mortgage is given to secure the repa ment schedule of the Promissory Note and <br />2/s -2/ <br />Disclosure Statement, dated <br />received by Mortgagor. <br />2021 for the deferred loan money to be <br />In the event of a default in the performance of any of the terms and conditions of this <br />mortgage or the Promissory Note and Disclosure Statement secured by it, the Mortgagee <br />shall be entitled to lawful possession of the property during such time as mortgage <br />indebtedness remains unpaid. <br />Dated the 5 41 day of <br />, 2021. <br />Borrower's Signature „l).t,.1 N. `l2AAOV...., <br />Melissa A. Lamberson <br />STATE of NEBRASKA ) <br />) SS: <br />COUNTY OF HALL <br />Before me, a notary Public qualified for said county personally came <br />Melissa A. Lamberson, a single person, known to me to be the identical person(s) who <br />signed the foregoing instrument and acknowledged the execution thereof to be a <br />voluntary act and deed. <br />WITNESS MY HAND and notarial seal this D . ,_of � , 2021 <br />,I .1 /7� <br />GENERAL NOTARY - State of Nebraska <br />ROBERTA L. REED <br />ri_ 3 My Comm. Exp. July 30. 2022 <br />Notary Public <br />Notwithstanding anything to the contrary contained herein, if the Borrower's first <br />mortgage is an FHA -insured mortgage, the Borrower is not liable for Lender's costs and <br />expenses, including attorney fees, if the event of default results solely from Borrower's <br />violation of the owner -occupancy restriction. Any legal restriction on conveyance, as <br />defined in 24 C.F.R. § 203.41, such as the owner -occupancy restriction, terminates upon <br />foreclosure, deed in lieu of foreclosure, or assignment of the first mortgage to the U.S. <br />Department of Housing and Urban Development. <br />e <br />