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6L090ZZOZ CJD REAL PROPERTY MORTGAGE DUE AT SALE/OTHER FUND PAYMENT REHABILITATION ASSISTANCE \U60 Nancy Cadwalader, a single person, herein called the Mortgagors, one or more in consideration of Four Thousand Eight Hundred Fifty Six Dollars and 28/100 Dollars ($4,856.28) of Re -use Grant Funds from the Housing Development Corporation (HDC), herein called the Mortgagee, does mortgage to the Mortgagee the following described premises, 1009 W. S. Front St., Grand Island, Nebraska, situated in Hall County and the State of Nebraska to wit: LEGAL DESCRIPTION The Westerly Fifty-two (52) feet of the Northerly One Half (N1/2) of Lot Two (2), in Block Twelve (12), in Arnold and Abbott's Addition to the City of Grand Island, Hall County, Nebraska And the Mortgagee does hereby covenant with the Mortgagor and with Mortgagor's heirs and assigns that Mortgagor has good right and lawful authority to convey the same, and that Mortgagor warrants and will defend the title to said premises against the lawful claims of all persons whomsoever. This mortgage is given to secure the repayment schedule of the Promissory Note and Disclosure Statement, dated July 25th 2022 for the deferred loan money to be received by Mortgagor. In the event of a default in the performance of any of the terms and conditions of this mortgage or the Promissory Note and Disclosure Statement secured by it, the Mortgagee shall be entitled to lawful possession of the property during such time as mortgage indebtedness remains unpaid. Dated this ,1 1p day of ► i�► 022 Borrower's Signature STATE of NEBRASKA ) ) SS: COUNTY OF HALL ) Before me, a notary Public qualified for said county personally came Nancy Cadwalader, a single person, known to me to be the identical person(s) who signed the foregoing instrument and acknowledged the execution thereof to be a voluntary act and deed. k �'WITNESS MY HAND and notarial seal thisDayof 2022 GENERAL NOTARY- State of Nebraska CHRISTOPHER LONGSHORE My Comm. Exp. May 4, 2025 tart' P s is Notwithstanding anything to the contrary contained herein, i if"e Borrower's firs ' ortgage is an FHA -insured mortgage, the Borrower is not liable for Lender's costs and expenses, including attorney fees, if the event of default results solely from Borrower's violation of the owner -occupancy restriction. Any legal restriction on conveyance, as defined in 24 C.F.R. § 203.41, such as the owner - occupancy restriction, terminates upon foreclosure, deed in lieu of foreclosure, or assignment of the first mortgage to the U.S. Department of Housing and Urban Development.