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n <br />..� <br />200402878 <br />M <br />A0M <br />C <br />Z <br />� <br />n = <br />r <br />G <br />=3 <br />M <br />o N <br />� C.I'1 <br />o � <br />M <br />M 3 <br />a <br />C.J <br />f-A <br />n cn <br />C) -a <br />C= 1> <br />z rn <br />--I <br />O <br />rn <br />D CD <br />r— '.M <br />r n <br />to <br />D <br />Space Above Line For Recording Data O N <br />SUBORDINATION AGREEMENT <br />This Agreement made this 24th day of March, 2004, between Centris Federal <br />Credit 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 April 21, 2003 and recorded April 28, 2003 at Document No. <br />200305082 in Mortgage Records of Hall County, Nebraska to secure a loan in the original <br />principal amount of ($14000.00) to Yvonne M Griffin a single person, ("Borrower(s)") <br />and covering the following described real estate: <br />The North One Half (N1 /2) of Lot Two (2), in Block Thirty Eight (38), in Charles Wasmer's <br />Addition to the City of Grand Island, Hall County, Nebraksa. <br />WHEREAS, Lender proposes to make a loan to Borrowers not to exceed the <br />principal amount of $35,000.00 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, 2ewrkO a.5 bc,+i 6nq -0087_7 <br />WHEREAS, Lender has requested Credit Union and Credit Union has agreed to <br />subordinate the lien of its trust deed to the mortgage of trust deed to be taken by Lender, <br />NOW, THEREFORE, in consideration of the premises the parties agree as follows: <br />Credit Union hereby expressly subordinates the lien of the above described trust <br />deed to the lien of any mortgage or deed taken by Lender from Borrowers and declares <br />the lien of the trust deed to be junior and inferior to the lien of Lender upon the lands <br />described therein; provided, however, that the subordination of the Mortgage of Credit <br />Union shall not apply or be effective as to any amounts, exclusive of interest, in excess of <br />$35,000.00 secured by the mortgage or trust deed of Lender. <br />Centris Federal Credit Union <br />�CERAL CRFD'._ <br />t a�p90 iron <br />W By <br />Elizabeth A Bkey <br />�f SEAS <br />S"A 100 Its Mortgage Loan Manager <br />Centris Federal Credit Union <br />STATE OF NEBRASKA <br />SS <br />COUNTY OF DOUGLAS <br />On this 24th day of March, 2004, before me, the undersigned, a Notary Public duly <br />commissioned and qualified for said County personally came Elizabeth A Birkey, Mortgage <br />Loan Manager as Trustee, to me known to be the identical person whose name is subscribed to <br />the foregoing instrument and acknowledge the execution thereof to be hi voluntary act and deed <br />as such Trustee. <br />My Commission expires: k� A 44 A dn <br />Notary Public <br />Centris Federal Credit Union <br />343 N. 114th Street tGENERAL NOTARY -State of Nebraska <br />Omaha, NE 68154 KARMIN MAUL <br />Prepared By: Jim Wehling My Comm. Exp. June 24, 2004 <br />O <br />N <br />O <br />O <br />r, <br />O <br />fV <br />co <br />00 <br />rn <br />N <br />