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SUBORDINATE MORTGAGE
<br />THIS SUBORDINATE MORTGAGE ( "Security Instrument") is given on February2a , 2003.
<br />The Mortgagor is Kimberly K. Medbery, a single person whose address 1924 West I I' Avenue, Grand Island,
<br />NE 68803.
<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 />two thousand one hundred fifty and 75/100 dollars (U.S. $2,150.75) This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for the full debt, if not paid earlier, due and
<br />payable on January 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 0 other sums, with interest, advanced under Paragraph
<br />7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and
<br />agreements under this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, warrant,
<br />grant and convey to the Lender, with power of sale the following described property located in Hall County,
<br />Nebraska.
<br />LOT ELEVEN (11), BLOCK FIVE (5), BOGGS AND HILL'S ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />Which has the address of: 1924 West 11'b Avenue, Grand Island, NE 68803.
<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 "Property ."
<br />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to
<br />mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record.
<br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any
<br />encumbrances or record.
<br />Page I of 3
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<br />10845 Harney Street
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<br />Omaha, NE 68154
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<br />Attn: Walter Hess 200303969
<br />FHA C. X., 321
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<br />Recording Datal
<br />SUBORDINATE MORTGAGE
<br />THIS SUBORDINATE MORTGAGE ( "Security Instrument") is given on February2a , 2003.
<br />The Mortgagor is Kimberly K. Medbery, a single person whose address 1924 West I I' Avenue, Grand Island,
<br />NE 68803.
<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 />two thousand one hundred fifty and 75/100 dollars (U.S. $2,150.75) This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for the full debt, if not paid earlier, due and
<br />payable on January 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 0 other sums, with interest, advanced under Paragraph
<br />7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and
<br />agreements under this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, warrant,
<br />grant and convey to the Lender, with power of sale the following described property located in Hall County,
<br />Nebraska.
<br />LOT ELEVEN (11), BLOCK FIVE (5), BOGGS AND HILL'S ADDITION TO THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
<br />Which has the address of: 1924 West 11'b Avenue, Grand Island, NE 68803.
<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 "Property ."
<br />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to
<br />mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record.
<br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any
<br />encumbrances or record.
<br />Page I of 3
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