SUBORDINATION OF DEED OF TRUST
<br />KNOW ALL MEN BY THESE PRESENTS, THAT WHEREAS, Jeffrey M. Reis and (�
<br />Heather E. Reis, husband and wife, hereinafter referred to as "Mortgagors /Trustors" did on the �U
<br />15`h of August, 2000 execute and deliver to Jeffrey Oaks, Inc. a mortgage /Deed of Trust upon
<br />certain real estate located in Hall County, Nebraska, and legally described as:
<br />Lot Forty Eight (48), Jeffrey Oaks Sixth Subdivision in the city of Grand Island, Hall County,
<br />Nebraska
<br />conditioned for and to secure the payment of the sum shown on the NOTE, which
<br />mortgage/Deed of Trust was recorded in the Office of the Register of Deeds of Hall County on
<br />the 16th day of August, 2000 as Document No. 200006634.
<br />WHEREAS, Mortgagors /Trustors, for the purpose, among other things, of paying or
<br />securing certain debts, have agreed to execute and deliver a mortgage /deed of trust upon the real
<br />estate to Equitable Mortgage Corporation conditioned for the payment of the sum of One
<br />Hundred Eleven Thousand Dollars ($110,000.00), to be a first mortgage /deed of trust upon the
<br />premises, recorded in the Register of Deeds Office as Document No.
<br />NOW, THEREFORE, Jeffrey Oaks, Inc. in consideration of the premises for value
<br />received, the receipt and adequacy of which is hereby acknowledged, does hereby bargain,
<br />consent, promise and agree to and with Mortgagors /Trustors, their heirs and assigns, that the
<br />Mortgage /deed of trust upon the premises thus to be executed by Mortgagors /Trustors to
<br />Equitable Mortgage Corporation, for the amount and interest above mentioned, shall at all times
<br />be a prior Mortgage/Deed of Trust and a prior lien upon the premises to the Mortgage/Deed of
<br />Trust of Jeffrey Oaks, Inc. as above described.
<br />IN WITNESS WHEREOF, the undersigned has executed this Subordination of
<br />Mortgage /Deed of Trust on this 28th day of August 2000,
<br />JEFFREY OAKS, INC.
<br />BY
<br />STATE OF NEBRASKA)
<br />COUNTY OF HALL )SS
<br />Before me, a Notary Public quali ley, irn said Co�nty,�ersonally came
<br />James S. Reed, President o e fret' a s, nc. known to be the same and
<br />identical person who signed the foregoing Subordination of Mortgage/Deed of Trust, and
<br />acknowledged the execution thereof to be his volunxary act and deed as such office.
<br />Witness my hand and Notarial Seal on / Auguskz8 --- _ , 2000
<br />BfNA L NOTAR to
<br />1 RNt hm o1 Nebraska
<br />My.
<br />R
<br />Sept 2003
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<br />SUBORDINATION OF DEED OF TRUST
<br />KNOW ALL MEN BY THESE PRESENTS, THAT WHEREAS, Jeffrey M. Reis and (�
<br />Heather E. Reis, husband and wife, hereinafter referred to as "Mortgagors /Trustors" did on the �U
<br />15`h of August, 2000 execute and deliver to Jeffrey Oaks, Inc. a mortgage /Deed of Trust upon
<br />certain real estate located in Hall County, Nebraska, and legally described as:
<br />Lot Forty Eight (48), Jeffrey Oaks Sixth Subdivision in the city of Grand Island, Hall County,
<br />Nebraska
<br />conditioned for and to secure the payment of the sum shown on the NOTE, which
<br />mortgage/Deed of Trust was recorded in the Office of the Register of Deeds of Hall County on
<br />the 16th day of August, 2000 as Document No. 200006634.
<br />WHEREAS, Mortgagors /Trustors, for the purpose, among other things, of paying or
<br />securing certain debts, have agreed to execute and deliver a mortgage /deed of trust upon the real
<br />estate to Equitable Mortgage Corporation conditioned for the payment of the sum of One
<br />Hundred Eleven Thousand Dollars ($110,000.00), to be a first mortgage /deed of trust upon the
<br />premises, recorded in the Register of Deeds Office as Document No.
<br />NOW, THEREFORE, Jeffrey Oaks, Inc. in consideration of the premises for value
<br />received, the receipt and adequacy of which is hereby acknowledged, does hereby bargain,
<br />consent, promise and agree to and with Mortgagors /Trustors, their heirs and assigns, that the
<br />Mortgage /deed of trust upon the premises thus to be executed by Mortgagors /Trustors to
<br />Equitable Mortgage Corporation, for the amount and interest above mentioned, shall at all times
<br />be a prior Mortgage/Deed of Trust and a prior lien upon the premises to the Mortgage/Deed of
<br />Trust of Jeffrey Oaks, Inc. as above described.
<br />IN WITNESS WHEREOF, the undersigned has executed this Subordination of
<br />Mortgage /Deed of Trust on this 28th day of August 2000,
<br />JEFFREY OAKS, INC.
<br />BY
<br />STATE OF NEBRASKA)
<br />COUNTY OF HALL )SS
<br />Before me, a Notary Public quali ley, irn said Co�nty,�ersonally came
<br />James S. Reed, President o e fret' a s, nc. known to be the same and
<br />identical person who signed the foregoing Subordination of Mortgage/Deed of Trust, and
<br />acknowledged the execution thereof to be his volunxary act and deed as such office.
<br />Witness my hand and Notarial Seal on / Auguskz8 --- _ , 2000
<br />BfNA L NOTAR to
<br />1 RNt hm o1 Nebraska
<br />My.
<br />R
<br />Sept 2003
<br />
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