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C') ) co n CA G D Y� M m 13 r 1:0 < co 200314767 � D ro a ve s inc for Recording Data] 29 1sp � FHA Case 321 - 1892770 1 n SUBORDINATE MORTGAGE THIS SUBORDINATE MORTGAGE ( "Security Instrument ") is given on October o? 1/714 , 2003. The Mortgagor is Edwin Ariel Santizo Lopez, an unmarried man whose address is 315 W. 8th Street, Grand Island, Nebraska 68801. This Security Instrument is given to the Secretary of Housing and Urban Development, and whose address is 451 Seventh St. SW, Washington, DC 20410. Borrower owes Lender the principal sum of Dollars: Two Thousand Sig Hundred Nine Dollars and 76/100 (U.S. $2,609.76) This debt is evidenced by Borrower's note dated the same date as this Security Instrument ( "Note "), which provides for the full debt, if not paid earlier, due and payable on November 1, 2027. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, and all renewals, extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under Paragraph 7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, warrant, grant and convey to the Lender, with power of sale the following described property located in Hall County, Nebraska. Lot Three (3), Block One Hundred Twenty Four (124), in Union Pacific Railway Company's Second Addition to the City of Grand Island, Hall County, Nebraska A.P.N. #: 4000096609 Which has the address of 315 W. 8th Street, Grand Island, Nebraska 68801. TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property." BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances or record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non - uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. Page 1 of 3