Laserfiche WebLink
202108563 <br />REAL PROPERTY MORTGAGE <br />FORGIVABLE LOAN FUND PAYMENT <br />REHABILITATION ASSISTANCE <br />Pat & Guy Leverington, a married couple, herein called the Mortgagors, one or more in <br />consideration of Sixteen Thousand Five Hundred Four Dollars and 93/100 Dollars <br />($16,504.93) of Grant 18-TFHO-34035 Funds received from the Housing Development <br />Corporation (HDC), herein called the Mortgagee, does mortgage to the Mortgagee the <br />following described premises, 3024 Avon Ave., Grand Island, Nebraska, situated in Hall <br />County and the State of Nebraska to wit: <br />LEGAL DESCRIPTION <br />KENTISH HILLS SUB LT 23 <br />03024 AVON AVE. 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 secu5je the repaym nt schedule of the Promissory Note and <br />Disclosure Statement, dated cp) . aJ() 2021 for the deferred loan money to be <br />received by Mortgagor. <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 thday of <br />, 2021. <br />Borrower's Signature <br />Pat Leverington <br />STATE of NEBRASKA ) <br />) SS: <br />COUNTY OF HALL ) <br />uy Leveringt <br />n <br />Before me, a notary Public qualified for said county personally came <br />Pat & Guy Leverington , a Married couple, known to me to be the identical person(s) <br />who signed the foregoing instrument and acknowledged the execution thereof to be a <br />voluntary act and deed. <br />WITNESS MY HAND and notarial seal thiA Day ofJ a, 2021 <br />GERAL NOTNRY - State of Nebraska <br />CHRISTOPHER HORE <br />Mp Cam bp. May 4 2025 <br />Noti" 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 />