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<br />SUBORDINATE MORTGAGE
<br />THIS SUBORDINATE MORTGAGE ( "Security Instrument ") is given on °`7j
<br />2002.
<br />♦2�
<br />The Mortgagor is Steven Johnson and Melissa Johnson whose address is 602 S. High Street, Cario, NE
<br />68824.
<br />This Security Instrument is given to the Secretary of Housing and Urban Development, and whose address is 451 Seventh St.
<br />SW, Washington, DC 20410. Borrower owes Lender the principal sum of Dollars: two thousand two hundred eighty
<br />two dollars and forty cents. (U.S. $2282.40) This debt is evidenced by Borrower's note dated the same date as this Security
<br />Instrument ( "Note "), which provides for the hdl deht if nut paid earlier, due and payable on October 1, 2030.
<br />'Phis Security Instmrneut secures to Lender: (a) the repayment of the debt evidenced by the Note, and all renewals, extensions
<br />and modifications of the Note; (b) the payment of all other sums, with interest, advanced under Paragraph 7 to protect the
<br />security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements under this Security
<br />instrument and the Note_ For this purpose, Borrower does hereby mortgage, warrant-, grant and convey to the Lender, with
<br />power of sale the following described property located in Hall County, NE.
<br />A eras_. o° "!and 100 fast by 140 Pant in svza, sitaated in the Southeast ¢carter
<br />(SCI /4) of thn Noe Waast Quartet [Ngl /4)
<br />Twrtiva (12) Ncz U,, Hange of Saution Twenty -£our (24) , 2owshlp
<br />all Courcy. Swelve (12) Wss..o£ the 6th P.M., H
<br />u t, ka, more nartucularly da cz ned as follows: r. b"oeo"ng t tha trsr s
<br />of eloe Sc,nth line of syraa str et�bf the Fieat Add'tion to th Village C` ato,
<br />as shown by the re.;orded Plat thasao£ and the west lino of nigh attest, if
<br />oxtanda, South; running thence South on the, West linen of High Street_, if so
<br />exi::arded, a disnanoo off 100 trust: running thence West o. a line parallel to thn
<br />Suth lice c£ Syria sitb.t a distance o£ 110 foot, thence NortY, on else line
<br />o
<br />"lel to the West Lin" o£ High Street, If so exteernd, A diatanr_e of 10C
<br />teat to the South linano£ 4yr a Street: thaanee rurn- Eaa[ on. the South line
<br />of So St, 140 fast to the paint of commanee,ment.
<br />Which has the address of: 602 S. High Street, Caro, NF. 68824.
<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 />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the
<br />I ght to mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances
<br />of record. Borrower warrants and will defend generally the title to the Property against all claims and demands,
<br />subject to any encumbrances or record.
<br />Page I of 3
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<br />FHA
<br />Case 321 - 2659925
<br />SUBORDINATE MORTGAGE
<br />THIS SUBORDINATE MORTGAGE ( "Security Instrument ") is given on °`7j
<br />2002.
<br />♦2�
<br />The Mortgagor is Steven Johnson and Melissa Johnson whose address is 602 S. High Street, Cario, NE
<br />68824.
<br />This Security Instrument is given to the Secretary of Housing and Urban Development, and whose address is 451 Seventh St.
<br />SW, Washington, DC 20410. Borrower owes Lender the principal sum of Dollars: two thousand two hundred eighty
<br />two dollars and forty cents. (U.S. $2282.40) This debt is evidenced by Borrower's note dated the same date as this Security
<br />Instrument ( "Note "), which provides for the hdl deht if nut paid earlier, due and payable on October 1, 2030.
<br />'Phis Security Instmrneut secures to Lender: (a) the repayment of the debt evidenced by the Note, and all renewals, extensions
<br />and modifications of the Note; (b) the payment of all other sums, with interest, advanced under Paragraph 7 to protect the
<br />security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements under this Security
<br />instrument and the Note_ For this purpose, Borrower does hereby mortgage, warrant-, grant and convey to the Lender, with
<br />power of sale the following described property located in Hall County, NE.
<br />A eras_. o° "!and 100 fast by 140 Pant in svza, sitaated in the Southeast ¢carter
<br />(SCI /4) of thn Noe Waast Quartet [Ngl /4)
<br />Twrtiva (12) Ncz U,, Hange of Saution Twenty -£our (24) , 2owshlp
<br />all Courcy. Swelve (12) Wss..o£ the 6th P.M., H
<br />u t, ka, more nartucularly da cz ned as follows: r. b"oeo"ng t tha trsr s
<br />of eloe Sc,nth line of syraa str et�bf the Fieat Add'tion to th Village C` ato,
<br />as shown by the re.;orded Plat thasao£ and the west lino of nigh attest, if
<br />oxtanda, South; running thence South on the, West linen of High Street_, if so
<br />exi::arded, a disnanoo off 100 trust: running thence West o. a line parallel to thn
<br />Suth lice c£ Syria sitb.t a distance o£ 110 foot, thence NortY, on else line
<br />o
<br />"lel to the West Lin" o£ High Street, If so exteernd, A diatanr_e of 10C
<br />teat to the South linano£ 4yr a Street: thaanee rurn- Eaa[ on. the South line
<br />of So St, 140 fast to the paint of commanee,ment.
<br />Which has the address of: 602 S. High Street, Caro, NF. 68824.
<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 />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the
<br />I ght to mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances
<br />of record. Borrower warrants and will defend generally the title to the Property against all claims and demands,
<br />subject to any encumbrances or record.
<br />Page I of 3
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