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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." <br />C I �-)C) <br />Pagel of 3 <br />i <br />2 D <br />m <br />n <br />M CP <br />G <br />N <br />C-) C0 <br />O- <br />O <br />.- x,+ <br />02 <br />v1 1 C <br />S <br />m <br />D <br />v' <br />p <br />N <br />M <br />D <br />y rn <br />-< o <br />O <br />CD <br />t� <br />C) <br />°O <br />o <br />R A <br />- "j <br />rn l <br />T Sri <br />y: <br />O <br />rn <br />M <br />c? <br />V,' <br />kO <br />r D <br />cn <br />D <br />N <br />cc <br />Cn <br />co <br />cn <br />(Space Above This Line for Recording Data) <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." <br />C I �-)C) <br />Pagel of 3 <br />i <br />