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..e .� . <br /> � c� cn <br /> -r'I's� m �, o o -i � <br /> �� C n = � C D � �. <br /> (� f� Z � � rn z --� � <br /> S D p � co -{ m P �-r j <br /> r� � X S `n �' � � � � ' <br /> M �� W � � 0 � � <br /> � � _ t <br /> �3 ni � � r � � � <br /> � 5� � � r n o � <br /> 4 �� u� �' � Cn � <br /> W � �` a � <br /> � d ..��.. � co <br /> �, -� cn E--� �. <br /> o � O <br /> � <br /> 200000961 <br /> Space Above Line For Recording Data <br /> SUBORllINATION AGREEMENT ,S <br /> So <br /> This Agreement made this J O�ay of�f t1 vu,�t�%�{,�c�c3 between Bell Federal <br /> Credit Union, its successors and/or assigns, ("Lender") and Home Federal Savings and <br /> Loan Association of Grand Island (Savings and Loan). <br /> WHEREAS,Home Federal Savings and Loan Association of Grand Island is the benefiCiaTy <br /> under a Deed of Trust dated May 24, 1995 and recorded June 2, 1995 as Document No <br /> 95-103651 in Register of Deeds Office of Hall County,Nebraska to secure a loan in the <br /> original principal amount of($22500.OG) to Randy J. Hellwege and Carol M Hellwege, <br /> Husband and Wife, ("Borrower(s)") and covering the following described real estate: <br /> Lot Two(2),Block One(1),Capital Heights 2nd Subdivision,being a part of the Southeast Quarter of'the Southwest <br /> Quarter(SG1/4SW 1/4)of Section'I'wo(2),'Cownship Gleven(11)North,Range Ten(10)West of the 6th P.M.,in Hall <br /> County,Nebraska.. <br /> WHEREAS, Lender proposes to make a loan to Borrowers not to exceed the <br /> principal amount of$45000.00 to be secured by a second mortgage or trust deed upon <br /> real estate covered by the Mortgage of Credit Union and described as above, and, <br /> WHEREAS, Lender has requested Savings and Loan and Savings and Loan has <br /> agreed to subordinate the lien of its mortgage to the mortgage of trust deed to be taken by <br /> ,T_,ender, <br /> Now,THEREFORE, in consideration of the premises the parties agree as follows: <br /> Savings and Loan hereby expressly subordinates the lien of the above described <br /> Mortgage to the lien of any mortgage or deed taken by Lender from Borrowers and <br /> declares the lien of the Mortgage to be junior and inferior to the lien of Lender upon the <br /> lands described therein; provided, however, that the subordination of the Mortgage of <br /> Credit Union shall not apply or be effective as to any amounts, exclusive of interest, in <br /> excess of$45000.00 secured by the mortgage or trust deed of Lender. <br /> Home Federal Savings and Loan Association <br /> of Grand Island , <br /> ',�� .._---------- <br /> By ., � <br /> E, <br /> 1tS �/,i� �r�"� <br /> BELL FEDERAL CREDIT UNION <br /> STATF. OF NEBRASKA <br /> �1 SS <br /> COUNT OF (-I� � �-� <br /> � On this �day of 2��0, before �ne, ihe undersig�teJ, a Nota�y Puuiic duly <br /> commissioned and qualifi�id County personally came Skvcr-NiUnzM�-�+as Trustee,to me <br /> known to be the identical per.son whose name is subscribed to the foregoing instrument and <br /> acknowledge the execution`t , t be l�'s u ry a t �d deed as such Trustee. <br /> My Commission expires � ' <br /> � �-� � ; otary ubl' <br /> Bell Federal Gedit Union <br /> 343 N. 114di Street <br /> Omaha,NE 68154 <br /> Prepared I3y:Ld J.Lebeda �NERAI,NOTARY St�t9 01 NBbti8k3 <br /> I USA R.MAYER <br /> M�Comm.Et�•Ma�r 10.2003 <br /> � <br /> 1 <br />