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<br /> 98-- .11��58 , �_ �- -
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<br /> SUBORDINATION OF MORTGAGF/DEED OF TRUST �
<br /> KNUW ALL MEN BY THSES PRESENTS, THAT WHEREAS,George M.Morris and Margaret E. ��
<br /> Morris,hereinafter referred to as"Mortgagors/Trustees"did on the lOth day of July, 1998, execute and
<br /> deliver to Home T'ederal Savings and Loan Association of Grand Islsnd a Mortgage/Deed of Trust upon
<br /> certain real estate located in Hall County,Nebraska,and legxlly described as:
<br /> L.,ot Ten(10),Amick Acres S�cond Subdivision,Hall County,Nebraska.
<br /> ConditiAned for and to secure the payment uf the sum of Twenty One Thousand Six Hundred Twenty
<br /> Seven and 68/100 Doilars(521,627.68),which Mortgege/Deed of Trust was Tecorded in the Office of
<br /> Register of Deeds of Hall county on the 18th day of August, 1998,as Document No.98•10$048.
<br /> WHER6AS,Mortgagors/Trustees,for the pury�ose,among other things,of paying or securing arkain
<br /> debts,have agreed io Cxccuic ttnu uei�ver a�io�tgagc/Q:,;.3 of Trus:apon 1.hs r�a!estrte t� HemP Fs�rral
<br /> Savings and Loan Association of Grand Island conditioned for the payment of the sum of Fifty Six
<br /> Thousand Six Hundred and No/100 Dol (556,600,00),to be a first Mortgage/Deed of Trust u..�°n the
<br /> premises,recorded on the�_day of � ,t9Q�,as Document No. —1J _ s! ,
<br /> NOW,TH6R�FORF,,Home Federal Savings and Loan Association of Grand Island in consideration
<br /> of the premiaes and far value received,the receipt and adequacy of which is hereby acknowledged,dces
<br /> hereby bargain,consent,promise and agree to and with Mortgagors/Trustees,their heirs and essigns,that
<br /> the Mortgege/Deed of Trust upon the premises ihus to be exscuted by Mortgsgors/1'rustess to fiome
<br /> Federal Savings and Loan Association of Grand Island,for the amount and interest abova mentianed,
<br /> shall at all times be a prior Mortgage/Deed of Trust and a prior lien upon the premises to the
<br /> Mortgage/Uad of Trust of Home Federal Savings and Loan Association of Grand Island as above
<br /> described and recorded as Dc�cument No.98-1 O$048.
<br /> IN W[TNESS WHEREOF,the undersigned has executed the 5ubordination of MortgagelDeed of
<br /> Trust on this 9tt�da�of December, 1998.
<br /> Home Federal Savinas and Loan Association of Home Federal Savin�s and Loan Association of
<br /> Grand island,Subo din 'ng itor Grand Islend,Sccure P
<br /> � _
<br /> by,Barry San strom by,Barry G. and om
<br /> its President and CEO its President and CEO
<br /> STATE OF NEBItAS�A )
<br /> )
<br /> — COUN'I'Y OF HALL )
<br /> Defore me,a Notary Public qualificd in said County,personally came 13arry G.Sandstrom,
<br /> � President and CEO of Home Fedcral Savings and Loan Association of Grand Island known to be thc
<br /> _ samc and identical person who signed the foregoing Subordination of Mortgage/Iked of Trust of Home
<br /> r•����.e s�����¢t m�d Loan Association of Grand Island.
<br />'p� Witness my liand and Notarial Seal on L.�_._,19y�
<br /> - -�_�-�
<br /> Notary Public
<br /> I CENEAAI.NOTARY•51�te ol NtErISM�
<br /> pEBOR1IH l.lfIMBIE
<br /> My CanM.Exp.Nor.23,1999
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