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201204859
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Last modified
7/9/2017 8:24:24 PM
Creation date
6/18/2012 12:58:01 PM
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DEEDS
Inst Number
201204859
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201204859 <br />SUBORDINATION AGREEMENT <br />KNOW ALL MEN BY THESE PRESENTS: <br />That the undersigned, Mutual of Omaha Bank (f/k/a Security Federal Savings), for valuable consideration <br />to the undersigned in hand paid by Mutual of Omaha Bank and for the purpose of inducing the said Mutual <br />of Omaha Ban to consummate a trust deed loan to Michael L. Corman and Debra J_ Corman, Husband <br />and Wife, AS hereinafter described does hereby subordinate the trust deed executed in favor of and payable to <br />the undersigned, executed by Michael L. Corman and Debra J. Corman, Husband and Wife, in the amount <br />of 550,000.00, and recorded on April 23, 2003 in the Office of the Register of Deeds .of Lancaster County, <br />NE, as instrument No. 0200304975 and does hereby declare said trust deed to be subject, junior and inferior to <br />the trust deed of Mutual of Omaha Bank being the trust deed in the amount of $61,800.00 executed by <br />Michael L. Corman and Debra J_ Corman, Husband and Wife in favor of and payable to Mutual of Omaha <br />Bank and whicli was filed for record in the Office of the Register of Deeds Lancaster County, NE, on 10 (s a 10 ;z <br />i D <br />And the undersigned, Mutual of Omaha Bank, does hereby acknowledge and declare that any lien which <br />they may have or claim upon the real estate described as Lot Eiaht (8), in Westwood Park Fifth Subdivision <br />in the City of I Grand Island, Hall County, Nebraska Under and by virtue of said trust deed instrument <br />recorded in the Office of Register of Deeds of Lancaster County, NE, as instrument No. , <br />shall be and remain at all times subject, junior and inferior in lien to the lien of Mutual of Omaha Bank and <br />identified as ; which said last referred to trust deed shall be at all times prior, superior and <br />paramount in lien upon the above described real estate over any lien or claim of lien of the undersigned, Mutual <br />IN WITNESS WHEREOF, the undersigned Mutual of Omaha Bank, duly executed and hereunto affixed <br />their signatures the May 30, 2012. <br />Executed by Linda S Russell, Vice President <br />STATE OF NE <br />}ss <br />COUNTY OF Lancaster <br />On this May 30, 2012, before me, the undersigned a Notary Public, duly commissioned and qualified for in <br />said county, personally came Linda S Russell, Vice President, to me known to be the identical person or <br />persons whose ame is or names are affixed to the foregoing instrument and acknowledged the execution <br />thereof to be hisher, or their voluntary act and deed. <br />Witness my hand and Notarial Seal the day and year last above tten. <br />Notary / 49V <br />My Commission expires: GENERAL W 1ARY - -Tale e1 Rebraska <br />LORI A. K'NECxt3 <br />Wqy comm. Exp. ❑ee,15, 2012 <br />SUB AGREE.doc <br />October 25, 2007 <br />
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