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<br />AGREEMENT SUBORDINATING EXISTING
<br />TRUST DEED TO NEW TRUST DEED
<br />Agreement made the 5TH day of NOVEMBER , 2001, between James C. Arends and
<br />Frances A. Arends, husband and wife of 1604 N. Walnut, Grand Island, Hall County, State of
<br />Nebraska, herein referred to as trustor, and The Equitable Building & Loan Association, a
<br />Federal Savings Bank, now known as EQUITABLE FEDERAL SAVINGS BANK OF GRAND
<br />ISLAND, of 113 N. Locust St., City of Grand Island, County of Hall, State of Nebraska, herein
<br />referred to as beneficiary.
<br />The parties recite and declare that:
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<br />a. Trustor executed a trust deed on November 1, 2000, in favor of beneficiary, which was
<br />recorded on November 6, 2000, in the office of the Register of Deeds , of Hall County, State of
<br />Nebraska, as Document No. 200009654, covering the following described property (as defined in
<br />Neb. Rev. State. 76 -201) in Hall County, Nebraska.
<br />Lot Ten (10), in 8 1ock Eighteen (18), in SdMmmer's Addidon to the City of Grand Island, Hall County,
<br />Nebraska.
<br />b. The above mentioned trust deed was given as security for a Loan, described in such
<br />trust deed, in the original amount of Twenty One Thousand One Hundred and No/ 100 - --
<br />($21,100.00) Dollars, executed on November 1, 2000, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of Seventy -Three Thousand Six
<br />Hundred and No/ 100 ---- ($73,600.00)-------- from Equitable Federal Savings Bank of Grand
<br />Island, of 113 N. Locust, City of Grand Island, County of Hall, State of Nebraska, herein
<br />referred to as lender, but lender requires that such loan be secured by a trust deed that will be
<br />prior to the trust deed in favor of beneficiary.
<br />d. Beneficiary is willing to subordinate the lien of the trust deed in their favor insofar as
<br />it encumbers the above - described premises, to the trust deed made in favor of lender
<br />in order that trustor may obtain such loan from lender. Said Deed of Trust securing
<br />lender's lien was recorded on 41-, tber 13, P06l as document no. dX)— //S 7 l
<br />in the Office of the Hall County Register of Deeds.
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<br />AGREEMENT SUBORDINATING EXISTING
<br />TRUST DEED TO NEW TRUST DEED
<br />Agreement made the 5TH day of NOVEMBER , 2001, between James C. Arends and
<br />Frances A. Arends, husband and wife of 1604 N. Walnut, Grand Island, Hall County, State of
<br />Nebraska, herein referred to as trustor, and The Equitable Building & Loan Association, a
<br />Federal Savings Bank, now known as EQUITABLE FEDERAL SAVINGS BANK OF GRAND
<br />ISLAND, of 113 N. Locust St., City of Grand Island, County of Hall, State of Nebraska, herein
<br />referred to as beneficiary.
<br />The parties recite and declare that:
<br />tom.
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<br />a. Trustor executed a trust deed on November 1, 2000, in favor of beneficiary, which was
<br />recorded on November 6, 2000, in the office of the Register of Deeds , of Hall County, State of
<br />Nebraska, as Document No. 200009654, covering the following described property (as defined in
<br />Neb. Rev. State. 76 -201) in Hall County, Nebraska.
<br />Lot Ten (10), in 8 1ock Eighteen (18), in SdMmmer's Addidon to the City of Grand Island, Hall County,
<br />Nebraska.
<br />b. The above mentioned trust deed was given as security for a Loan, described in such
<br />trust deed, in the original amount of Twenty One Thousand One Hundred and No/ 100 - --
<br />($21,100.00) Dollars, executed on November 1, 2000, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of Seventy -Three Thousand Six
<br />Hundred and No/ 100 ---- ($73,600.00)-------- from Equitable Federal Savings Bank of Grand
<br />Island, of 113 N. Locust, City of Grand Island, County of Hall, State of Nebraska, herein
<br />referred to as lender, but lender requires that such loan be secured by a trust deed that will be
<br />prior to the trust deed in favor of beneficiary.
<br />d. Beneficiary is willing to subordinate the lien of the trust deed in their favor insofar as
<br />it encumbers the above - described premises, to the trust deed made in favor of lender
<br />in order that trustor may obtain such loan from lender. Said Deed of Trust securing
<br />lender's lien was recorded on 41-, tber 13, P06l as document no. dX)— //S 7 l
<br />in the Office of the Hall County Register of Deeds.
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<br />AGREEMENT SUBORDINATING EXISTING
<br />TRUST DEED TO NEW TRUST DEED
<br />Agreement made the 5TH day of NOVEMBER , 2001, between James C. Arends and
<br />Frances A. Arends, husband and wife of 1604 N. Walnut, Grand Island, Hall County, State of
<br />Nebraska, herein referred to as trustor, and The Equitable Building & Loan Association, a
<br />Federal Savings Bank, now known as EQUITABLE FEDERAL SAVINGS BANK OF GRAND
<br />ISLAND, of 113 N. Locust St., City of Grand Island, County of Hall, State of Nebraska, herein
<br />referred to as beneficiary.
<br />The parties recite and declare that:
<br />tom.
<br />g%r
<br />1
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<br />a. Trustor executed a trust deed on November 1, 2000, in favor of beneficiary, which was
<br />recorded on November 6, 2000, in the office of the Register of Deeds , of Hall County, State of
<br />Nebraska, as Document No. 200009654, covering the following described property (as defined in
<br />Neb. Rev. State. 76 -201) in Hall County, Nebraska.
<br />Lot Ten (10), in 8 1ock Eighteen (18), in SdMmmer's Addidon to the City of Grand Island, Hall County,
<br />Nebraska.
<br />b. The above mentioned trust deed was given as security for a Loan, described in such
<br />trust deed, in the original amount of Twenty One Thousand One Hundred and No/ 100 - --
<br />($21,100.00) Dollars, executed on November 1, 2000, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of Seventy -Three Thousand Six
<br />Hundred and No/ 100 ---- ($73,600.00)-------- from Equitable Federal Savings Bank of Grand
<br />Island, of 113 N. Locust, City of Grand Island, County of Hall, State of Nebraska, herein
<br />referred to as lender, but lender requires that such loan be secured by a trust deed that will be
<br />prior to the trust deed in favor of beneficiary.
<br />d. Beneficiary is willing to subordinate the lien of the trust deed in their favor insofar as
<br />it encumbers the above - described premises, to the trust deed made in favor of lender
<br />in order that trustor may obtain such loan from lender. Said Deed of Trust securing
<br />lender's lien was recorded on 41-, tber 13, P06l as document no. dX)— //S 7 l
<br />in the Office of the Hall County Register of Deeds.
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