Laserfiche WebLink
- <br />� <br />N � <br />0 � <br />� <br />� � <br />B <br />� - <br />� <br />W � <br />� <br />� <br />- <br />� <br />� <br />� <br />Z v <br />n��A <br />� <br />s <br />� <br />Space Above Line For Recording Data <br />SUBORDINATION AGREEMENT <br />S <br />D <br />r <br />r <br />� �. <br />0 <br />� � , <br />� �'^= <br />r� <br />� �`� <br />� <br />rn <br />� <br />� �� <br />o � <br />� <br />rn <br />0 <br />N <br />N <br />t�."y <br />f-+ <br />�� <br />� <br />S'T1 <br />� <br />N <br />-�J <br />'Z7 <br />3 <br />F�-+ <br />w <br />iJl <br />n � <br />� � <br />C D <br />� m <br />---1 <br />'� O <br />O '� <br />T Z <br />s m <br />� c� <br />r � <br />r n <br />cn <br />� � <br />cn <br />cn <br />This Agreement made this 20 day of December, 2011, between Centris Federal <br />Credit Union, its successors andlor assigns, ("Lender") and Centris Federal Credit Union, <br />("Credit Union"). <br />0 <br />� <br />� <br />�.: <br />� <br />WHEREAS, Centris Federal Credit Union is the beneficiary under a Deed of <br />Trust/Mortgage dated July 3, 2009 and recorded July 9, 2009 at Instrument # 2009-05601 <br />in Mortgage Records of Hall County, Nebraska to secure a loan in the original principal <br />amount of ($9,200.00) to Ramon Antonio Ramos and Dana Lynn Ramos, a husband and <br />wife, (`Borrower(s)") and covering the following described real estate: <br />LOT 10 AND THE WEST 15 FEET OF LOT 11, BLOCK 4, FIRST ADDITION TO WOOD RIVER, <br />HALL COUNTY, NEBRASKA. <br />WHEREAS, Lender proposes to make a loan to Borrowers not to exceed the <br />principal amount of $56,000.00 to be secured by a first mortgage or trust deed upon real <br />estate covered by the Deed of Trust/Mortgage of Credit Union and described as above, <br />and, <br />WHEREAS Lender has requested Credit Union and Credit Union has agreed to <br />subordinate the lien of its trust deed to the mortgage of trust deed to be taken by Lender, <br />NOW, THEREFORE in consideration of the premises the parties agree as follows: <br />Credit Union hereby expressly subordinates the lien of the above described trust <br />deed to the lien of any mortgage or deed taken by Lender from Borrowers and declares <br />the lien of the trust deed to be junior and inferior to the lien of Lender upon the lands <br />described therein; provided, however, that the subordination of the Mortgage of Credit <br />Union shall not apply or be effective as to any amounts, exclusive of interest, in excess of <br />$56,000.00 secured by the mortgage or trust deed of Lender. <br />Centris Federal Credit Union <br />�'-.�` �F�AL eg, a <br />� �. -+7�+ � <br />�; J ,�� i. g� 17 <br />� � Z' y <br />' � o . Elizabe irkey <br />2� sEa �, ���. <br />��,:. ���p� Its Lendin� e�r _ <br />}� � Centris Federal Credit Union <br />STATE OF NEBitASKA <br />Yx <br />� <br />. <br />u <br />• <br />D� <br />�O- <br />SS <br />COUNTY OF DOUGLAS <br />On this 20�' day of December, 2011, before me, the undersigned, a Notary Public duly <br />commissioned and qualified for said County personally came Elizabeth A Birkey, Lending <br />Manager, to me known to be the identical person whose name is subscribed to the foregoing <br />instrument and acknowledge the execution thereof to be his voluntary act and deed as such <br />Trustee. 6�4 NOTA�11 • S�e oi Ne6ra�ce <br />JAME8 D. NfEFiLlN(3 <br />My Commission expires: C0t°° '�' <br />�� Notary Public <br />Cenfis Federal Credit Union <br />343 N. 114th Street <br />Omaha, NE 68154 <br />Prepared By: Jim Wehling <br />