Laserfiche WebLink
73 n <br />rri = > <br />n z <br />=N <br />c,) <br />Space Above Line For Recording Data <br />SUBORDINATION AGREEMENT <br />This Agreement made this 14th day of July, 2020, between Centris Federal Credit <br />Union, its successors and/or assigns, ("Lender") and Centris Federal Credit Union, <br />("Credit Union"). <br />WHEREAS, Centris Federal Credit Union is the beneficiary under a Deed of <br />Trust/Mortgage dated February 7, 2020 and recorded February 25, 2020 at Instrument # <br />202001253in Mortgage Records of Hall County, Nebraska to secure a loan in the original <br />principal amount of ($25,000.00) to Ashley M Holroyd f/k/a Ashley M Bauer and Ronnie <br />L Holroyd, a wife and husband, ("Borrower(s)") and covering the following described <br />real estate: <br />LOT SIX (6), IN BLOCK ELEVEN (11), IN GILBERTS SECOND ADDITION TO THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />WHEREAS, Lender proposes to make a loan to Borrowers not to exceed the <br />principal amount of $78,000.00, to be secured by a first mortgage or trust deed upon real <br />estate covered by the Deed of Trust/Mortgage of Credit Union and described as above, <br />and, <br />WHEREAS, Lender has requested Credit Union and Credit Union has agreed to <br />1' 1 subordinate the lien of its trust deed to the mortgage of trust deed to be taken by Lender, <br />m NOW, THEREFORE, in consideration of the premises the parties agree as follows: <br />m Credit Union hereby expressly subordinates the lien of the above described trust <br />as deed to the lien of any mortgage or deed taken by Lender from Borrowers and declares <br />Ithe lien of the trust deed to be junior and inferior to the lien of Lender upon the lands <br />c..described therein; provided, however, that the subordination of the Mortgage of Credit <br />rn Union shall not apply or be effective as to any amounts, exclusive of interest, in excess of <br />$78,000.00 secured by the mortgage or trust deed of Lender. <br />Centris F deral Credit Union <br />By <br />Elizabet A S irkey <br />Its Lending Manager <br />Centris Federal Credit Union <br />STATE OF NEBRASKA <br />SS <br />3eWee-16 <br />COUNTY OF DOUGLAS <br />On this 14th day of July , 2020, before me, the undersigned, a Notary Public duly commissioned and <br />qualified for said County personally came Elizabeth A Birkey, Lending Manager, to me known to be the <br />identical person whose name is subscribed to the foregoing instrument and acknowledge the execution <br />thereof to be his voluntary act and deed as such Trustee. <br />My Commission expir <br />Centris Federal Credit Union <br />11718 M Circle <br />Omaha, NE 68137 <br />Prepared By: Carrie Pearson <br />Notary Public <br />GENERAL NOTARY - State of Nebraska <br />JAMES D WEHLING <br />tember 13, 2023 <br />