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o <br />o2 o <br />x c n \y z <br />N O <br />S Irl <br />T D Cn <br />M I o 3 <br />\pq�� }reY N _ <br />I' <br />N l <br />MACeae No 3211969147703 Z <br />200412144 <br />ISpece Abuve This Line far RecordinS Da.] <br />SUBORDINATE MORTGAGE <br />ss <br />0 <br />THIS SUBORDINATE MORTGAGE (`Security Instrument ") is given on November I$ , 2004. <br />The Mortgagor is Richard R Williams and Stacie A Williams, Husband and wife whose address is 315 West <br />15" Street, Grand Island Nebraska 68801 <br />This Security Instrument is given to the Secretary of Housing and Urban Development, and whose address is <br />451 Seventh St. SW, Washington, DC 20410. Borrower owes Lender the principal sum of <br />Dollars: Two thousand three hundred ninety-nine dollars and sixty-four cents. (U.S. $2,399.64) This debt is <br />evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for the full <br />debt, if not paid earlier, due and payable on June 1, 2027. <br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, and all renewals, <br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under <br />Paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants <br />and agreements under this Security instrument and the Note. For this purpose, Borrower does hereby mortgage, <br />warrant, grant and convey to the Lender, with power of sale the following described property located in Hall <br />County, Nebraska: <br />LOT FOUR (4), BLOCK ELEVEN (11), SHINEVIER'S ADDITION TO THE CITY OF GRAND ISLAND, <br />HALL COUNTY, NEBRASKA <br />Which has the address of: 315 West 15" Street, Grand Island Nebraska 68801 <br />TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, <br />appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be <br />covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the <br />"Property ." <br />Pagel of 3 <br />