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� � � � 1 � � � � �9 r�'1 �1 � t �ii Ps7 .'�L7 � � � tA9 � 61P1 � ��. � � • �a l� a �a � � SUBORDINATE MORTGAGE (Mortgage) is made on ia A Cure, a single person r`� � � �� `"' � � � � �, �� ,° -�c n � � •° ''• W � c °- � f� (� _ , O � �-=. u'i -0 rn � � _� o �_ _, � F-� '� ' N 0 r �� ...� m 0 � Return recorded mortgage to: FHLBank Topeka P.O. Boz 176 Topeka, KS 66601 C3 (!� o -a C D z --� � m -� p O �1 �7 -n = rn D � r � r n � � D � C/� Subo�di�tate Mo�tgage 27th , 2011 by (Borrower). Mortgage is given to the Federal Home Loan Bank of Topeka, a corporation organized and existing under the of the United 5tates of America, and whose address is One Security Benefit Pl. Ste. 100, Topeka, KS 66606, its ;ssors and assigns (Lender). Borrower owes Lender the principal sum of Four Thousand and 00/100 Dollars (U.S. $ 4,000.00 ). debt is evidenced by Borrower's note dated the same date as this Mortgage (Note). The Note provides for no �ents if the Borrower complies with the terms of the Note. The loan evidenced by the Note and secured by this gage (Loan) is being made pursuant to the AfFordable Housing Program (AHP) as implemented by Lender (12 :. 1430(j); 12 CFR Part 1291). addition to the Loan, Borrower obtained a mortgage loan (First Mortgage Loan) from CharterWest National ink (Senior Lien Holder), loan is secured by a first mortgage lien on the Property (First Mortgage). The documents evidencing or g the First Mortgage Loan are collectively referred to herein as the First Mortgage Loan Documents. Mortgage secures to Lender the repayment of the debt evidenced by the Note. For this purpose, Borrower �ocably mortgages, grants and conveys to Lender and Lender's successors and assigns, with power of sale, �ct to the rights of Senior Lien Holder under the First Mortgage, the following properiy, to-wit: Twenty-two (22), Block One (1), Sothman's Subdivision, City of Grand Island, Hall County, Nebraska �h has the address of: 911 S Lincoln Ave Grand Island, NE 68801 � .ve and to hold this property unto Lender and Lender's successors and assigns, forever, all the improvements or hereafter erected on the properly, and all easements, appurtenances and fixtures now or hereafter a part of the �rty. All replacements and additions shall also be covered by this Mortgage. All of the foregoing is referred to s Mortgage as the Property. wer covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, and convey the Property and, except for the First Mortgage and other encumbrances of record acceptable to r Lien Holder, the Property is unencumbered. Borrower warrants and will defend generally the title to the rty against all claims and demands, subject to such encumbrances of record. 1. PAYMENTS. In the case of a sale or refinancing of the Property within five years of the date of the Note (the Retention Period), an amount equal to a pro rata share of the principal, reduced for every yeaz Borrower owned the Properiy, shall be repaid to the Lender from any net gain realized upon the sale or refinancing, unless: (1) the Property was assisted with a permanent mortgage loan funded by an AHP subsidized advance; (2) the Properiy is sold to a very low-, or low- or moderate-income household; or (3) following a refinancing, the Property continues to be subject to a deed restriction or other legally .CV (3/11) 905492 Revised February 2011 GOTO(00161058) /� 5 � O N C� I--� F-' O s O s C7D