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99107325
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Last modified
3/13/2012 6:38:31 PM
Creation date
10/21/2005 12:07:02 AM
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DEEDS
Inst Number
99107325
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' � 9� 1 �73�5 <br /> 18. Subordination. Lender and Borrower acknowledge and agree that this Deed <br /> of Trust is subject and subordinate in all respects to the liens, terms, <br /> covenants, and conditions of the Deed of Trust ('�First Deed of Trust") securing <br /> a note payable by Borrower to Major Mort a e, Grand Island, NE ("Senior Lien <br /> Holder") and to all advances heretofore made or which may hereafter be made <br /> pursuant to the First Deed of Trust including all sums advanced for the purpose <br /> of (a) protecting or further securing the lien of the First Deed of Trust, <br /> during defaults by Borrower under the First Deed of Trust, or for any other <br /> purpose expressly permitted by the First Deed of Trust, or (b) constructing, <br /> renovating, repairing, furnishing, fixturing, ,or equipping the Property. The I <br /> terms and provisions of the First Deed of Trust are paramount and controlling, <br /> and they supersede any other terms and provisions hereof in conflict therewith. <br /> In the event of a foreclosure or deed in lieu of foreclosure of the First Deed <br /> of Trust, any provisions herein restricting the use of the Property to low-or <br /> moderate-income households or otherwise restricting Borrowers ability to sell <br /> the Property shall have no further force or effect on subsequent owners or <br /> purchasers of the Property. Any person, including his successors or assigns <br /> (other than Borrower or a related entity of Borrower) , receiving title to the <br /> Property through a foreclosure or deed in lieu of foreclosure of the First Deed <br /> of Trust shall receive title to the Property free and clear from such <br /> restrictions. <br /> Further, if the Senior Lien Holder acquires title to the Property pursuant to <br /> a deed in lieu of foreclosure, the lien of this Deed of Trust shall <br /> automatically terminate upon the Senior Lien Holder's acquisition of title. <br /> IN WITNESS WHEREOF, Trustor has executed this Deed of Trust as of the <br /> date and year first above written. <br /> /1.��(� � <br /> T stor/Borrower � �/n �y� Trustor/Borrower <br /> c f� "I <br /> STATE OF NEBRASKA ) <br /> )ss. <br /> COUNTY OF HALL ) <br /> The foregoing instrument was acknowledged before me this 16th day of <br /> July, 1999, by Cynthia A. Greene, a single person. <br /> �� <br /> ,� <br /> �,�' d K- ��=2!i'c�:�_,_�_:� <br /> !�t��:I�LLti_' � �'._-� <br /> 6�AA(�j�.��� "Notary Public <br /> .�RENNE.l.�qR� <br /> My Comm.Exp.5ept 23.199y <br />
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