|
e:�
<br /> �� �� ���A 1�1 �� �J � ��� ��� �
<br /> ' 7NEAUGUlTIMECO.12787 �
<br /> 3a�d Association may, in its diecretion, use the rents so far ae they may deem necessary, for the
<br /> purpoae of making such repairs upon the premiaes as, in its �udgment, may be proper and may use
<br /> said rents so Par as neQessary Por the payment oP ineurance premiums and taxes upon said premises.
<br /> It shall �,lso have authority to deduct Prom said rents a fair compensation, to be payable to said
<br /> A�sociation�� agents, for serviaes rendered in the collection o� said rents; the bala,nce to be
<br /> applied upon the payment of monthly installments upon said loan.
<br /> Dated at arand I81and, Nebr. , this lOth day of DeQember, �936.
<br /> Nltneae: Edgar B.S�oeger
<br /> Florence V.�tyere
<br /> _ Edna� Belle Stoeger
<br /> State of Nebraska ) On this lOth day of Dec. 1936, bePore me, the undersigned, a Notary Fublic
<br /> )88
<br /> Hall County � in and �or said County, personally came Edgar B.Stoeger and Edna Belle
<br /> 3toeger, who a.re personally known to me to be the identical persons whose names are af�ixed to the
<br /> above instrument sa grantore and they ae�no�led.ged the sa.rne to be their voluntary aet and de�d.
<br /> �itnees my hand and Notarial 3eal the date aforesaid. �
<br /> Florence V.B�yere
<br /> (��,} Notary Publie
<br /> �y Qommiesion expiree Aug. 27, 1937.
<br /> Filed for record this lOth day oP Deceuber, 1936, at 1:30 o'elock P.I�. ������ ��
<br /> Reg ster of Deeda
<br /> 0-�-�-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-J-0-U-U-U-U-0-0-t7-0-0-0-0-U-0-0-0-4-0-0-0-0-0-0-0-0-0-0-0-0-0�.
<br /> 3UBORDINATION '
<br /> To THE FIRST NATIONAL BANIC �
<br /> OF GRAND ISLAND,
<br /> aRAND ISZAND,NEBRASKA.
<br /> WHEREAS, there is now existing a Y'irst mortgage upon lands and premises belonging to the eatate
<br /> of Robert Taylor, deceased, which said mortgage is in the amount of �150,�00, and ie due December
<br /> I, 1936, and
<br /> �HEREA�, it is the deaire of the bondholdera owning eaid mortgage to have the estate of Robert Taylor
<br /> deceaeed, and the hei�s, to make, execute, and deliver to The Firet National Bank, of arand Island,
<br /> Trustee, Par said bondholders, �, new mort�age in the a.mount of �150,000, and dated Auguat 25, 1936
<br /> and, "
<br /> yYHEREAS, ths estate of Rabert Taylor, deceased, is indebted to the Eatate oP Ralph R.Horth, de-
<br /> eeaaed, on notes executed by said estate and for claims for attorney �s, executor's, and truatee!s
<br /> fees,
<br /> NOY�, THEREFORE, in consideration of the execution and delivery to The First N�.tional Bank,Truetee,
<br /> Por the benefit of the bondholdere, of a new mortgage in the sum of �154,000 da.ted August 25� �936�
<br /> in payment oP the present existing mortgage, the estate oY Ra.lph R.Horth, deceased, by the execsutors
<br /> thereo�, hereby agrees to and does hereby subordinate all of its claims againat the estate of Rob�rt
<br /> �aylor, deaeased, to the new mortgage to be da.ted August 25, �936, due December 1, 19�1, in the
<br /> BIIlpl:i27'C O� �. 0 �0�
<br /> � 5 > >
<br /> The intention being that said ne�r mortgage shall be a firat lien against the premises therein
<br /> described and that the clai�a of the eetate of Ralph R.Horth,deceased, shall be subaequent and
<br /> �unior to said mortgage.
<br /> iN V�ITNESS WHHERE4F, we have hereunto set our hands this 27th day oY November, 1936.
<br /> t�itneea : �ay H.Fiorth
<br /> Bernice E.�iatthewg
<br /> V�m.Buhr .
<br /> Executora of the last will and
<br /> testament of Ralph R.Horth, deceased.
<br /> F'iled t'or reeord this 11" day oP DeQember, �936, at 10:30 o�cloek A.1�. ��'
<br /> . �2=� �'''�r L'. yy
<br /> - Registe �eec�, �e�
<br /> 0-0-U-0-U-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-J-C�-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-4-0-0-0-
<br /> �
<br />�
<br />
|