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<br /> . . - � � SUBORDINATION AGRE�MEi�iT ;. ..
<br /> - �, .. , � .
<br /> � LQeed of Tnistl ° � . .
<br />,. . 1 � _j '.. ."y
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<br /> �C �;J�< t ; $.:.
<br /> A eement")is made this_�-.day of l�lay. 1997 � `
<br /> " This Subordination Agree�ne�(" g� , � .. -
<br /> � ' � by and between Norwest Bank�Iebrasica,National Assa�atian,a national ban4cing „ r,.`.:,-. . .. ,...
<br /> associatian("Narwest")and James P.Zana l�loy Y.Zana(the"CreditorlBeneficiary )• _ :�; ,.:. :^
<br /> - �. .
<br /> ._��;
<br />'` � - RECITALS � - , .
<br /> .. . .�:
<br />_ i .
<br />��, , James Scott Zana and Reba Gai1 Stafford Zana (�e�o�w���t0�'), _ �,=� -<��;, ;=
<br /> Julq 21, 1995 ,and recarded ���`- ''� .�_.
<br /> - �ave a de�d oftrust to the CredrtorBea3�aary,dated �°9;�:; _.,;,,�, . '�
<br /> for Hail County,Nebraska on ';`;;�;;:�° �.
<br /> " ;;. jit tfi;O$tce of the ReQister of Deeds , ;,
<br /> - ,.,,,. „ ,oc,5 as Document Number A5 i o r�s_.1 {the"Creditor Deed of +::,;;.�;�,_:
<br /> � Trust"),which consiitutes a lien on real property located i�Hal}County,Nebraska more �,.:..-�;
<br /> °'`' " '�� particularly descz��d herein below(the"Properiy„): :::;.t;�: `s �
<br /> ,, :. • �f ���a:.. f
<br /> � Amended Lot One(1�,Block Nine(9),Con�inental C�rdens Subdivsion,City � �,t,:. -
<br /> ���. . Crand Island,Hall County,Nebraska. , �
<br /> <,_..,�
<br /> ��tn�t . ,_ :� .
<br /> ,�� N'orwest has now mada or shail make a t�an to benefit the Hor�ower/Debtor also
<br /> :>f � .� " . .,;±`; secured by a deed of trust on the Property,dated rlav Nebraska on rta recarded in �.� f��+:
<br /> . ;'::� the OffiCe ofthe�R gister af Deeds for Hall Caunty, v . 99Z , � �..:�:1. �._
<br /> as Document Number 97-103756 (
<br /> the"Norwest Deed of Trust"). ��°�`` '
<br /> ' � �I'a CreditorBene S�iary has agreed to execuie and detiver this Agreement for the pwpose _ �''�%
<br /> ���;} . :=.,:: �;:,�:;:%:..
<br /> � , '{ of subordinating its interest n�s th$Property pursua�t�o the Creditor Deed of Trust to the ,��, ... . :
<br /> .._; ;,::
<br /> ��' � � � interest of Norwest in the Pra��Prty pursua�rt to the 1Vorwest Deed of Trost. • :,.�-f,-.
<br /> 'i� i `:,,;• ..;:
<br /> �� . , AGREENIENT :��,t=�'
<br /> �; . :�
<br /> _; ', ' .:. � , • .. ... .,;�: :•
<br /> ' � . � �;�W,THEREFORE,in consideration of the premises and as an inducernent to � : :
<br /> � Norwest to accept the Norwest Deed of Trust,Norwest and Creditor/Beneficiary agree . . �'� •
<br /> ;r SS�O�OWS: `a'•��f?t,,�. .
<br /> . �l. � ',-:��1,
<br /> "' 1. Creditor/Benefici� �reed to subordinat�.arnal hereby does sui�or+iiin�eee tl2L'IT'U6 � '� '`���i;';
<br /> '- ;,•:.: . �
<br />-,�'� � � ����� of the Creditar Deed og�rust in and against the Property to the lien of t�ie�vo�vr� . � . �
<br />':��; � ,; ; Deed of Tnist in and against the Property. Creditor/Beneficiary agrees that the ��� � ��._, :
<br /> � ? �''' Norwest I)eed of Teust��ll have the same vaZid�ty,force and effect as if executed, . �
<br /> . �a;�,;t ' . ;
<br /> �'` � -�`i�;�� d e l i v e r e d.an d r e c ae d�.�rior to the date of exc-�ut:on of the Creditor Deed of Trust. ��,,;,:
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<br />-�``�+ � � 2. Neitha�!`Iatwest nar Creditur.�Beneficiary:(I)malces a��y representation or ,j;:.,
<br />'=��,. '
<br /> - . • � � warranty ca�cerning the Property or any other property of the�onower/Debtur ar ti�e �^�:±�..;' _
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