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<br /> AGREEMEN'T SUBORUINATING EXISTING �-
<br /> g$_ 113085 TRUST DEED TO NEW TRUST DEED o
<br /> Agreement made NOVEMAER 24 , 19 98 ,between MSCHAEL L. MEYERS ^�
<br /> and TRINA J. MEYERS ,of 3226 WESTSIDE ST. � �
<br /> City of GRAND ISI.ANA ,County of t�,LL � "v
<br /> State of Nebraska,herein referred to as trustor.,and HALL_COUN'PY HOUSTNG AUTHORITY ,
<br /> Of 911 BAUMANN DRIVE ,City Of GRAND ISL�ND �
<br /> County of t�Ats. , State of IVebraska,herein refernd to as
<br /> beneficiary.
<br /> The parties recite and declnre that:
<br /> a. Trustor executed a trust deed on �t�nr� i , 1995 ,in favor of beneficiary,
<br /> which was recorded on ,TUNE 2 , 1995 ,as Document No.95-103647 in the
<br /> office of the HALL COUN'PY REGISTER OF DEEDS _, of
<br /> HAT T• ,County,State of Nebraska,covering the following described
<br /> pIOpCfty:
<br /> I,pT 'TFIItEE (3), IN LUSH SUBnIVISION IN `I'EiE CITY OF GRAND TSLAND� HALL COi.IN'PY►
<br /> NEBRASKA.
<br /> b. The abovc mcntioned trust deed was given as security for a LOAN ,
<br /> described in such trust deed,in the amount of EIGHTEEN THOUSAND FIVE HImTDR� 'Ii�IEN'I'Y-
<br /> FIVE AND NO/100---(�18,525.00 -�-executedon, JONE 1 , 19 95 ,by
<br /> - trustor in favar of beneficiary.
<br /> - c. Trustor desins to obtain a loan in the amount of FIFTY-THbtEE Tf?OUSAND FOU12 HUNDRED
<br />= SEVEMI'Y-FIVE AND NO/100-----($53,975.00)----from THE EQUITAB.LE ]3UILDING AND IAAN
<br />'°'� ASSOCIATION, FSB of 113-115 NORTH LOf.'UST STREET ,City of
<br /> �gAND IgLAND ,Coiuity of H�.L , State of Nebraska,herein
<br /> refened to as lender,but lender requires that such loan be secured by a trust deed that will be
<br /> prior to the trust deecl in favor of beneficiary.
<br /> d. IIeneficiary is willing to subordinate the lien of the trust deed in THEIR favor
<br /> insofar as it encumbers the above-described premises,to the trust deed made in favor of len�er in
<br /> order tliat trustor may obtain sucli loan from lender. Said Deed uf T ust securing lend�r's lien
<br /> was recorded on,�.�srn�e _ 31. 1��as document No. � !/�,b8�. in the Offiee
<br /> ' of the Hall County Register of Doeds. ^
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