Subsidy Mortgage Sample Contracts

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Subsidy Mortgage • May 25th, 2012

("Borrower"). This Security Instrument is given to , which is organized and existing under the laws of the , and whose address is ("Lender”). Borrower owes Lender the principal sum of Dollars (U.S. $ ). This debt is evidenced by Borrower's note ("Note") dated the same date as this Security Instrument. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all renewals, extensions, and modifications of the Note; (b) the payment of all other sums, with interest, advanced under Paragraph 5 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, grant, and convey to Lender the following described property located in County, Illinois:

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