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N 6 '. <br />0 A'1 <br />+— r• <br />a) <br />Y <br />GJ <br />u <br />Return recorded mortgage to: <br />FHLBank Topeka <br />P.O. Box 176 <br />Topeka, KS 66601 <br />Subordinate Mortgage <br />THIS SUBORDINATE MORTGAGE (Mortgage) is made on September 18 , 20 13 b <br />Ty J. Schurr, a single person (Borrower). This Mortgage is <br />given to the Federal Home Loan Bank of Topeka, a corporation organized and existing under the laws of the United <br />States of America, and whose address is One Security Benefit PI. Ste. 100, Topeka, KS 66606, its successors and <br />assigns (Lender). Borrower owes Lender the principal sum of Five Thousand and 00/100 <br />Dollars (U.S. $ 5000.00 ). This debt is evidenced by Borrower's note dated the same date as this Mortgage <br />(Note). The Note provides for no payments if the Borrower complies with the terms of the Note. The loan <br />evidenced by the Note and secured by this Mortgage (Loan) is being made pursuant to the Affordable Housing <br />Program (AHP) as implemented by Lender (12 U.S.C. 1430(j); 12 CFR Part 1291). <br />In addition to the Loan, Borrower obtained a mortgage loan (First Mortgage Loan) from <br />State Bank of Riverdale (Senior Lien Holder), which loan is secured by a <br />first mortgage lien on the Property (First Mortgage). The documents evidencing or securing the First Mortgage <br />Loan are collectively referred to herein as the First Mortgage Loan Documents. <br />This Mortgage secures to Lender the repayment of the debt evidenced by the Note. For this purpose, Borrower <br />irrevocably mortgages, grants and conveys to Lender and Lender's successors and assigns, with power of sale, <br />subject to the rights of Senior Lien Holder under the First Mortgage, the following property, to-wit: <br />The North Forty Five Feet (45') of Lots One (1) and Two (2), Block Sixteen (16) in <br />the Original Town (Now City) of Wood River, Hall County, Nebraska <br />(which has the address of: 1012 East street, Wood River, NE 88883 <br />to have and to hold this property unto Lender and Lender's successors and assigns, forever, all the improvements <br />now or hereafter erected on the property, and all easements, appurtenances and fixtures now or hereafter a part <br />of the property. All replacements and additions shall also be covered by this Mortgage. All of the foregoing is <br />referred to in this Mortgage as the Property. <br />Borrower covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, <br />grant and convey the Property and, except for the First Mortgage and other encumbrances of record acceptable to <br />Revised January 2013 <br />TTS <br />rn <br />- 4 <br />m <br />C I' N <br />CD 1 <br />4,- <br />cn <br />ct� <br />0 <br />Z2 .. <br />