Laserfiche WebLink
s <br />� <br />� <br />N � <br />0 �� <br />� <br />� � <br />N � <br />0 �� <br />� <br />� - <br />W - <br />� <br />- <br />- <br />�� <br />� <br />� <br />� � � <br />���. <br />r �:. //� <br />`-� � V � <br />� O --� <br />'- %' Z "� <br />::� � rn <br />�� � o <br />_� <br />— CJ <br />� <br />�� <br />h--� <br />�J <br />o � <br />--t � <br />S f 7 'I <br />m w <br />r � <br />r T> <br />Cn <br />� <br />� <br />`/ \J <br />� <br />V� <br />N <br />O <br />� <br />� <br />�� <br />� <br />N <br />W <br />w <br />� <br />� � <br />� <br />V V <br />�� <br />� <br />S <br />r� C <br />� ,,�, <br />G ` . __.. <br />�a �, �`--➢ <br />G7 � <br />., <br />r*i <br />:o <br />('� ��'D <br />_� I'ti: <br />`J p <br />I �;1 <br />�y Y <br />� <br />cn <br />UNILATERAL SUBORDINATION AGREEMENT <br />:`.�iY�..r� . <br />��L� <br />;;:.,,� <br />�� <br />;� <br />�, <br />WHEREAS, the parties to this agreement are the old lender, namely The Platte <br />Valley State Bank & Trust Company hereinafter called LENDER #1; and the new lender, v <br />namely Platte Va11ey State Bank & Trust Company, Its. Successors andlor Assigns, r- � <br />hereinafter called LENDER #2 and Judith L. Rauert and Ronald W. Rauert, Wife and ` <br />Husband, hereinafter called BORROWER, <br />WHEREAS, BORROWER is the owner of the real estate hereinafter called <br />PROPERTY which is described as: <br />Lot One (1), Marvin and Jane Subdivision, Hall County, Nebraska. <br />WHEREAS, BORROWER has executed a Note in a principal amount of $60,000.00 <br />secured by a Mortgage/Deed of Trust in favor of LENDER #1, covering the <br />PROPERTY, recorded on as Inst. No. 201007481 in the office of the Register of Deeds <br />of Hall County, Nebraska. <br />WHEREAS, BORROWER will be executing or has executed a Note in a <br />principal amount not to exceed $110,000.00 to be secured by a Mortgage/Deed of Trust in <br />favor of LENDER #2, covering the PROPERTY, and to be recorded in the office of the <br />Register of Deeds of Hall County, Nebraska �� ������,� �� 1 <br />NOW THEREFORE, in consideration of $1.00 and other valuable <br />consideration, receipt whereof is hereby acknowledge, LENDER #1 agrees to <br />subordinate and does hereby subordinate its liens as shown and referred to above, to the <br />lien of LENDER #2 as shown and referred to above, but only to the extent of the <br />principal amount of the new lien as shown in the above paragraph, plus any accrued <br />interest, taxes, insurance or costs advanced to protect its security. <br />Dated this 28�' day of September, 2012 <br />�LENDER #1) <br />� . <br />Valley State Bank & Trust Co. <br />STATE OF NEBRASKA ) <br />)SS: <br />COUNTY OF BUFFALO ) <br />Acknowledged before me this 28th day of September, 2012 by Laura Bau Vice <br />President of Platte Valley Sta.te Bank & Trust Co.on ehalf of said Co or tion. <br />Notary Publi <br />__..._.-- <br />f�NERAI NOTAHY • S�te of N�tr�ica <br />RIANCY L OSTERBUHR <br />"� N{q Comm. ExP. Apri118� 2018 <br />