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211,
<br />SUBORDINATE MORTGAGE
<br />THIS SUBORDINATE MORTGAGE ( "Security Instrument ") is given on August 6 , 2003. ca
<br />The Mortgagor is DeAnn E. Stubbs, a single person whose address 2114 N. Howard, Grand Island, NE 68803.
<br />This Security Instrument is given to the Secretary of Housing and Urban Development, and whose address is
<br />451 Seventh St. SW, Washington, DC 20410. Borrower owes Lender the principal sum of
<br />four thousand four hundred fifty and 44/100 dollars (U.S. $4,450.44) This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for the full debt, if not paid earlier, due and
<br />payable on May 1, 2030.
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under Paragraph
<br />7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and
<br />agreements under this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, warrant,
<br />grant and convey to the Lender, with power of sale the following described property located in Hall County,
<br />Nebraska.
<br />LOTS NINE (9) AND ELEVEN (11), BLOCK FIFTEEN (15), UNIVERSITY PLACE, AN ADDITION TO
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Which has the address of: 2114 N. Howard, Grand Island, NE 68803.
<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 "Property."
<br />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to
<br />mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record.
<br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any
<br />encumbrances or record.
<br />Page 1 of 3
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<br />- w� 4f, Hess
<br />After� recording return to.
<br />Commercial Federal Bank
<br />10845 Harney Street
<br />Omaha, NE 68154
<br />Attn: Walter Hess
<br />211,
<br />SUBORDINATE MORTGAGE
<br />THIS SUBORDINATE MORTGAGE ( "Security Instrument ") is given on August 6 , 2003. ca
<br />The Mortgagor is DeAnn E. Stubbs, a single person whose address 2114 N. Howard, Grand Island, NE 68803.
<br />This Security Instrument is given to the Secretary of Housing and Urban Development, and whose address is
<br />451 Seventh St. SW, Washington, DC 20410. Borrower owes Lender the principal sum of
<br />four thousand four hundred fifty and 44/100 dollars (U.S. $4,450.44) This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for the full debt, if not paid earlier, due and
<br />payable on May 1, 2030.
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under Paragraph
<br />7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and
<br />agreements under this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, warrant,
<br />grant and convey to the Lender, with power of sale the following described property located in Hall County,
<br />Nebraska.
<br />LOTS NINE (9) AND ELEVEN (11), BLOCK FIFTEEN (15), UNIVERSITY PLACE, AN ADDITION TO
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Which has the address of: 2114 N. Howard, Grand Island, NE 68803.
<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 "Property."
<br />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to
<br />mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record.
<br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any
<br />encumbrances or record.
<br />Page 1 of 3
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<br />211,
<br />SUBORDINATE MORTGAGE
<br />THIS SUBORDINATE MORTGAGE ( "Security Instrument ") is given on August 6 , 2003. ca
<br />The Mortgagor is DeAnn E. Stubbs, a single person whose address 2114 N. Howard, Grand Island, NE 68803.
<br />This Security Instrument is given to the Secretary of Housing and Urban Development, and whose address is
<br />451 Seventh St. SW, Washington, DC 20410. Borrower owes Lender the principal sum of
<br />four thousand four hundred fifty and 44/100 dollars (U.S. $4,450.44) This debt is evidenced by Borrower's note
<br />dated the same date as this Security Instrument ( "Note "), which provides for the full debt, if not paid earlier, due and
<br />payable on May 1, 2030.
<br />This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, and all renewals,
<br />extensions and modifications of the Note; (b) the payment of all other sums, with interest, advanced under Paragraph
<br />7 to protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and
<br />agreements under this Security Instrument and the Note. For this purpose, Borrower does hereby mortgage, warrant,
<br />grant and convey to the Lender, with power of sale the following described property located in Hall County,
<br />Nebraska.
<br />LOTS NINE (9) AND ELEVEN (11), BLOCK FIFTEEN (15), UNIVERSITY PLACE, AN ADDITION TO
<br />THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />Which has the address of: 2114 N. Howard, Grand Island, NE 68803.
<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 "Property."
<br />BORROWER COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to
<br />mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record.
<br />Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any
<br />encumbrances or record.
<br />Page 1 of 3
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