Common Contracts
1 similar null contracts
THIS SECOND MORTGAGE (“Security Instrument”) is given on ,January 24th, 2018
(“Borrower(s)”). This Security Instrument is given to ILLINOIS HOUSING DEVELOPMENT AUTHORITY which is organized and existing under the laws of THE UNITED STATES OF AMERICA, and whose address is 401 N. Michigan Ave., Suite 700, Chicago, IL 60611 (“Lender”). Borrower owes the lender the principal sum of Seven Thousand Five Hundred Dollars (U.S. $7,500.00) pursuant to the Lender’s Illinois Hardest Hit Fund Down Payment Assistance Program (the “Program”). This debt is evidenced by Borrower’s note dated the same date as this Security Instrument (“Note”). 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, g
