201501907 - Laserfiche WebLink

Browse

yJ - n ° a �oZ as '' i --- - FSA-2300-7 NE c- R Type of Date of Date Instrument Instrument Filed Office Filed n Deed of Trust 3/ ?7/40/5 3 /.�/�a /s Hall County Register of Deeds Purchase real estate in Hall County, Nebraska w CD rV w LIMITED SUBORDINATION TO THE GOVERNMENT Page 1 of 2 WHEREAS Cornerstone Bank (hereinafter called the "Lender ") of Grand Island, NE, is the owner and holder of the following described instrument executed by !� Troy M Rainforth and Virginia L Rainforth of Hall County, State of Nebraska, (hereinafter called the "Borrower "). Document File Page or Book No. Number _7451 o'S o / AND WHEREAS the United States of America, acting through the Farm Service Agency, United States Department of Agriculture (hereafter called the "Government "), has agreed to loan $300,000 to the Borrower for the following purposes: THEREFORE, in consideration of the Government's agreement to make such loan to the Borrower, the Lender (a) consents to the Borrower obtaining the loan from the Government for such purposes; and (b) agrees to and does subordinate, as described below, in favor of the Government and its successors and assigns its liens and security interests created or evidenced by he above - described instruments insofar as they cover the following described property: The North Half of the Southwest Quarter (N %2SW'/) of Section Thirty (30), Township Nine (9) North, Range Ten (10) West of the 6 P.M., Hall County, Nebraska, EXCEPT a tract of land, now known as Lot One (1), Rainforth Acres Subdivision, Hall County, Nebraska, and Affidavit of Correction recorded April 23, 2004 as Instrument #2004- 03977, records of Hall County, Nebraska. NOW THEREAFTER, The Lender made the Borrower a $300,000 loan on MA/0 /5 The Lender's loan is secured by the Deed of Trust and real estate described above. The Government loan will also be secured by the real estate described