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200411581 For Deferred Monies Purchase, Rehabilitation and Resell Jon W. Schrock and Charlotte M. Schrock, a married couple, herein called the Mortgagor, one or more in consideration of Ten Thousand Six Hundred and Seventy Eight Dollars and No Cents ($10,678.00) received from the Housing Development Corporation (HDC), herein called the Mortgagee, does mortgage to the Mortgagee the following described premises situated in Hall County and the State of Nebraska to wit: Lot Fifteen (15), Block Two (2), Parkhill Subdivsion, an 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 November 12, 2004 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 immediate possession of the property during such time as mortgage indebtedness remains unpaid. Dated this 12th day of November, 2004. Borrower's Signature Borrower's Signature % FIX, Before me, a notary Public qualified for said county personally came Jon W. Schrock and Charlotte M. Schrock, a married couple, 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. WITNESS MY HAND and notarial seal this 1 th day of November, 2004. f 1�MtNO1At11r- >br�riw� *� - -4 otary u lic `n M 3) D t� C- �' _, r v m CA rn C77D Z M7 CD V 1 eA (zl 'r'1 C c7D C,J CD ._.� co Ca cn REAL PROPERTY MORTGAGE o 200411581 For Deferred Monies Purchase, Rehabilitation and Resell Jon W. Schrock and Charlotte M. Schrock, a married couple, herein called the Mortgagor, one or more in consideration of Ten Thousand Six Hundred and Seventy Eight Dollars and No Cents ($10,678.00) received from the Housing Development Corporation (HDC), herein called the Mortgagee, does mortgage to the Mortgagee the following described premises situated in Hall County and the State of Nebraska to wit: Lot Fifteen (15), Block Two (2), Parkhill Subdivsion, an 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 November 12, 2004 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 immediate possession of the property during such time as mortgage indebtedness remains unpaid. Dated this 12th day of November, 2004. Borrower's Signature Borrower's Signature % FIX, Before me, a notary Public qualified for said county personally came Jon W. Schrock and Charlotte M. Schrock, a married couple, 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. WITNESS MY HAND and notarial seal this 1 th day of November, 2004. f 1�MtNO1At11r- >br�riw� *� - -4 otary u lic `n