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<br /> � SUBORDINATION AGREEMENT �
<br /> 9$- 1��:�� ,
<br /> KNOW ALL MEN BY THESE PRESENTS: (� �
<br /> v�
<br /> That Five Points Bank, a Nebraska Corporation, the mortgagee under two �`
<br /> certain Real Estate Mortgages executed by Thomas S. Ward and Mary K. c
<br /> Ward, husband and wife, as mortgagors, of a mortgage in the original
<br /> principal sum of $4, 981.98 and recorded in the office of the Register of
<br /> Deeds of Hall County, Nebraska as Document No. 95-105469, on August 15,
<br /> 1995, and a mortgage in the original principal sum of $10, 000.00 and
<br /> recorded in the office of the Register of Deeds of Hall County, Nebraska
<br /> as Document No. 97-104484, on June 9, 1997, do hereby agree to, and by
<br /> this instrument do, subordinate their lien only to a certain Deed of
<br /> Trust in an amount not to exceed $47,000.00 executed by Thomas S. Ward
<br /> and May K. Ward, husband and wife as trustors to Arend R. Baack, as
<br /> trustee and Home Federal Savings and Loa Association of Grand Island,
<br /> as eneficiar ated M�y 11 , 199�
<br /> I� � ��` and filed
<br /> o in the Office of the Register of Deeds
<br /> as Docum nt o. all of which documents cover the
<br /> following described Real�Estate:
<br /> Lot Two (2) , Block Two (2) Jenkinson Subdivision, Grand Island, Hall
<br /> County, Nebraska.
<br /> IN WITNESS WHEREOF, the undersigned have caused this Subordination
<br /> Agreemen . executed at Grand Island, Nebraska this llth day of May,
<br /> 19 9 8. '''�.�
<br /> :��`POiNrse
<br /> ��;G�RPOR''q'L,f
<br /> qT'•:
<br /> � ? o0o F= FIVE POINTS BANK, a Nebraska Corporation
<br /> i � ..�� ,� ,� I
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<br /> �� ���'.ti � ��� By: �1-��---c�\ l--I . ����--E!U1�--Cc.1<< ��"1
<br /> ���s �'"'••""��.��P Jody . Eberhardt
<br /> ��,�D, N� Loan Officer
<br /> STATE OF NEBRASKA )
<br /> )�
<br /> COUNTY OF HALL )
<br /> On this llth day of May, 1998, before me appeared Jody L. Eberhardt,
<br /> Loan Officer, of Five Points Bank, a Nebraska Corporation, to me
<br /> personally known to be the identic 1 person who executed the above
<br /> instrument. ,
<br /> Notary Public
<br /> .�� GENERA!NOTARYSbte o'Nebraska
<br /> VICKY J.GLAUSE
<br /> My Comm.Exp.Dec,3�,1998
<br />
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