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200809157 Subordinate Mortgage THIS SUBORDINATE MORTGAGE (Mortgage) is made on October 30, 2008. The grantor is JAYNE A HANSEN. A SINGLE PERSON (Borrower). This Mortgage is given to the Federal Home Loan Bank of Topeka, a corporation organized and existing under the laws of the United States of America, and whose address is One Security Benefit PI. Ste. 100, Topeka, KS 66606, its successors and assigns (Lender). Borrower owes Lender the principal sum of Four Thousand & OO/lOOths Dollars (U.S. $ 4,000.00 ). This debt is evidenced by Borrower's note dated the same date as this Mortgage (Note). The Note provides for no payments if the Borrower complies with the terms of the Note. The loan evidenced by the Note and secured by this Mortgage (Loan) is being made pursuant to the Affordable Housing Program (ARP) as implemented by Lender (12 U.S.C. 1430G); 12 CFRPart 951). In addition to the Loan, Borrower obtained a mortgage loan (First Mortgage Loan) from Home Federal Savings and Loan Assn of Grand Island (Senior Lien Holder), which loan is secured by a first mortgage lien on the Property (First Mortgage). The documents evidencing or securing the First Mortgage Loan are collectively referred to herein as the First Mortgage Loan Documents. This Mortgage secures to Lender the repayment of the debt evidenced by the Note. For this purpose, Borrower irrevocably mortgages, grants and conveys to Lender and Lender's successors and assigns, with power of sale, subject to the rights of Senior Lien Holder under the First Mortgage, the following property, to-wit: All that part of Lots One (1) and Two (2), in Block Two (2) in Gilbert's Addition to the City of Grand Island, Hall County, Nebraska, more particularly described as follows: Commencing at a point on the Easterly line of said Lot One (1), FortYMFour (44) Feet southerly from the northeasterly comer of said Lot One (1) and running thence westerly parallel with the Northerly line of said Lots One (1) and Two (2) to the Westerly line of said Lot Two (2) thence Southerly along the Westerly line of Lot Two (2), Forty-Four (44) Feet, thence easterly parallel with the northerly lines of said Lots One (1) and Two (2) to the Easterly line of said Lot One (1), thence northerly along the easterly line of said Lot One (1), Forty-Four (44) Feet to the place of beginning. (which has the address of: 1220 N LINCOLN A VB - Grand Island. NE 68801), to have and to hold tbis property unto Lender and Lender's successors and assigns, forever, 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 Mortgage. All of the foregoing is referred to in this Mortgage 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, except for the First Mortgage and other encumbrances of record acceptable toSenior Lien Holder, the Property is unencumbered. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to such encumbrances of record. Revised I~