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10 <br />rn <br />m <br />m <br />CD <br />F-� <br />c <br />c <br />N <br />rn <br />W <br />N <br />AGREEMENT SUBORDINATING EXISTING Cn <br />MORTGAGE TO NEW TRUST DEED <br />n Cn <br />O -i <br />C.. D <br />z rn <br />� o <br />= rn <br />D CSJ <br />r � <br />r D <br />Cn <br />D <br />Cn <br />Agreement made the 1., day of Na EK ER , 2001, between Marsha K. Truell, a single <br />(] <br />N <br />0 <br />O <br />F-� <br />N <br />0 <br />Q7 <br />person, of 1740 S. Ingalls, Grand Island, Hall County, Nebraska, herein referred to as trustor, and <br />Five Points Bank, 2015 N. Broadwell, Grand Island, County of Hall, State of Nebraska, herein <br />referred to as beneficiary. <br />The parties recite and declare that: <br />a. Marsha K. Truell executed a mortgage on September 13, 1995, in favor of beneficiary, <br />which was recorded on September 14, 1995, in the office of the Register of Deeds, of Hall <br />County, State of Nebraska, as Document No. 95- 106195, covering the following described <br />property: <br />Lot Five (5), Block Two (2), West Bel- -Air Fourth Addition to the City of Grand Island, Hail <br />County, Nebraska. <br />b. The above mentioned mortgage was given as security for a Loan, described in such <br />mortgage, in the amount of Five Thousand Three Hundred Nine and 40/100 - -- ($5,309.40) <br />Dollars, executed on September 13, 1995, by mortgagor in favor of beneficiary. <br />c. Mortgagor desires to obtain a loan in the amount of Sixty -Five Thousand and No/ 100- <br />($65,000.00) -- from The Equitable Federal Savings Bank of Grand Island, P.O. Box 160, City of <br />Grand Island, County of Hall, State of Nebraska, herein referred to as lender, but lender requires <br />that such loan be secured by a trust deed that will be prior to the mortgage in favor of beneficiary. <br />d. Beneficiary is willing to subordinate the lien of the mortgage 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 mortgagor may obtain such loan from lender. Said Deed of Trust <br />securing lender's lien was recorded on kVevyt�k( A A N as <br />document No. a00 i I 19 q ?' , in the Office of the Hall County Register <br />of Deeds. <br />For the reasons set forth above, and in consideration of the mutual covenants and <br />promises of the parties hereto, mortgagor and beneficiary covenant and agree as follows: <br />rM <br />mt <br />rn <br />t= <br />c <br />cc <br />r\ � <br />