My WebLink
|
Help
|
About
|
Sign Out
Browse
98104089
LFImages
>
Deeds
>
Deeds By Year
>
1998
>
98104089
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/12/2012 12:03:17 PM
Creation date
10/19/2005 5:47:35 PM
Metadata
Fields
Template:
DEEDS
Inst Number
98104089
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
5
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
' � � 9�- �����T�� <br /> 18. Subordination. Lender and Borrower acknowledge and agree that this Deed <br /> of Trust is subject and subordinate in all respects to the liens, terms, <br /> covenants, and conditions of the Deed of Trust ("First Deed of Trust") securing <br /> a note payable by Borrower to Union Bank and Trust Co, Grand Island, NE <br /> ("Senior Lien Holder") and to all advances heretofore made or which may <br /> hereafter be made pursuant to the First Deed of Trust including all sums <br /> advanced for the purpose of (a) protecting or further securing the lien of the <br /> First Deed of Trust, during defaults by Borrower under the First Deed of Trust, <br /> or for any other purpose expressly permitted by the First Deed of Trust, or (b) <br /> constructing, renovating, repairing, furnishing, fixturing, or equipping the <br /> Property. The terms and provisions of the First Deed of Trust are paramount <br /> and controlling, and they supersede any other terms and provisions hereof in <br /> conflict therewith. In the event of a foreclosure or deed in lieu of <br /> foreclosure of the First Deed of Trust, any provisions herein restricting the <br /> use of the Property to low-or moderate-income households or otherwise <br /> restri�ting Borrowers ability to sell the Property shall have no further force <br /> or effect on subsequent owners or purchasers of the Property. Any person, <br /> including his successors or assigns (other than Borrower or a related entity of <br /> Borrower) , receiving title to the Property through a foreclosure or deed in <br /> lieu of foreclosure of the First Deed of Trust shall receive title to the <br /> Property free and clear from such restrictions. <br /> E�rther, if the Senior Lien Holder acquires title to the Property pursuant to <br /> a deed in lieu of foreclosure, the lien of this Deed of Trust shall <br /> automatically terminate upon the Senior Lien Holder's acquisition of title, <br /> provided that (i) Lender has been given written notice of a default under the <br /> First Deed of Trust, and (ii) Lender shall not have cured the default under the <br /> First Deed of Trust, or diligently pursued curing the default as determined by <br /> the Senior Lien Holder, within the 60-day period provided in such notice sent <br /> to Lender. <br /> IN WITNESS WHEREOF, Trustor has executed this Deed of Trust as of the <br /> date and year first above written. <br /> �� � 1�,A ,_.e Stio 0�Qp (�,�C <br /> ustor/Borro er Trustor/Borrower <br /> STATE OF NEBRASKA ) <br /> )ss. <br /> COUNTY OF HALL ) <br /> The foregoing instrument was acknowledged before me this 30th day of <br /> April 1998, by David Grinnell, a single person and Michelle Haase, a single <br /> person. <br /> GEMEqA4 NOTT.RY—S3ata of keprarka � <br /> illl A���rc��.�tay'�,+��,�r, <br /> �--_- � .. p9�,comr�.Ex�a. 1Q�__?� t Publia <br />
The URL can be used to link to this page
Your browser does not support the video tag.