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SUBORDINATE MORTGAGE
<br />THIS SUBORDINATE MORTGAGE ( "Security Instrument ") is given on
<br />, 2001.
<br />The Mortgagor's are Monte and Jodi Knapp whose address is 311 N. Arapahoe, Grand Island, NE 68803.
<br />\51.
<br />This Security Instrument is given to the Secretary of Housing and Urban Development, and whose address is 451 °
<br />Seventh St. SW, Washington, DC 20410. Borrower owes Lender the principal sum of Dollars: two thousand
<br />two hundred fifty four dollars and ninety cents. (U.S. $2254.90) This debt is evidenced by Bor'rower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for the full debt, if not paid earlier, due
<br />and payable on April 1, 2025.
<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, NE.
<br />LOr T& (10) lid $= TFI (3) IN dUX W= SEMCM S[k MSIcN, Ets1><„t, COMMi, =MASM
<br />Which has the address of: 311 N Arapahoe, 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
<br />"Property."
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<br />FHA Case
<br />321- 1742636
<br />SUBORDINATE MORTGAGE
<br />THIS SUBORDINATE MORTGAGE ( "Security Instrument ") is given on
<br />, 2001.
<br />The Mortgagor's are Monte and Jodi Knapp whose address is 311 N. Arapahoe, Grand Island, NE 68803.
<br />\51.
<br />This Security Instrument is given to the Secretary of Housing and Urban Development, and whose address is 451 °
<br />Seventh St. SW, Washington, DC 20410. Borrower owes Lender the principal sum of Dollars: two thousand
<br />two hundred fifty four dollars and ninety cents. (U.S. $2254.90) This debt is evidenced by Bor'rower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for the full debt, if not paid earlier, due
<br />and payable on April 1, 2025.
<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, NE.
<br />LOr T& (10) lid $= TFI (3) IN dUX W= SEMCM S[k MSIcN, Ets1><„t, COMMi, =MASM
<br />Which has the address of: 311 N Arapahoe, 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
<br />"Property."
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<br />Pagel of 3
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