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CHC_ �'ICQOG <br />CHECK <br />REFUNDS: <br />CASH <br />CHECK <br />N.)� RECORDED <br />HALL COUNTY NE <br />U1 <br />1c,vII158v •I• <br />PREPARED BY AND WHEN <br />RECORDED RETURN TO: <br />Devon Bank <br />6445 N. Western Ave <br />Chicago IL 60645 <br />INST 1075 0 0 2 5 4 1015 JAN I P 3 23 <br />OWNER -OCCUPIED <br />RETENTION AGREEMENT <br />STATE OF Nebraska <br />KiiIS i %VOLD <br />REGISTER OF DEEDS <br />c tiee <br />THIS OWNER -OCCUPIED RETENTION AGREEMENT ("Agreement") is effective <br />as of the disbursement date, the 14th day of January <br />, 2025 (hereinafter the <br />"Effective Date"), by Ekram Abdelrahim Abdelwahid Saleh <br />(hereinafter "Owner," whether one or multiple individuals are named), purchasing the property at <br />the address of 2527 Stagecoach Road in Grand Island, NE 68801 <br />to and in the favor of Devon Bank <br />address of 6445 N. Western Ave in Chicago IL 60645 <br />("Member"), having an <br />RECITALS: <br />WHEREAS, the Federal Home Loan Bank of Chicago (the "Bank"), pursuant to <br />regulations, including, without limitation, those contained in 12 CFR Part 1291 (the "AHP <br />Regulations") promulgated by the Federal Housing Finance Agency ("FHFA"), has established its <br />Affordable Housing Program, including a set -aside program consisting of the Downpayment Plus® <br />Program and the Downpayment Plus Advantage® Program, which provides grants (or subsidies) <br />to income -eligible home buyers for use as down payment, closing cost, counseling, or <br />rehabilitation assistance in connection with the household's purchase and/or rehabilitation of an <br />owner -occupied unit to be used as the household's primary residence, and the General AHP Fund, <br />which provides subsidies to competitively awarded projects, for use in the purchase, construction, <br />or rehabilitation of an owner -occupied project by or for very low-, low-, or moderate -income <br />households. <br />WHEREAS, the Bank, through Member, is providing a Subsidy (as hereinafter defined) <br />in connection with the purchase or purchase in conjunction with rehabilitation, or the <br />January1,2024 5001674_1 <br />