|
' m z D
<br /> � c �l 2
<br /> �; , � 2 � (�,-7 � .
<br /> � _ �' c.`aa �'o � � _
<br /> z � � c�
<br /> . �' � r' � �' � cv
<br /> � o � a.
<br /> � �'�'� N � � �
<br /> I" r � � `. � 'r'1 � � N
<br /> _,t
<br /> C� C, r�"'a -� ID a � C/s
<br />� � ' �� � r T> � �
<br /> �' . � ,' r�, "� rn 3
<br />� � � �
<br /> + Q, a o
<br /> ti\ \ ~ cn o
<br /> c„� (!� f-'
<br />� � AGREEMENT SUBOR.DINATING EXISTING
<br /> � TRUST DEED TO NEW TRUST DEED
<br /> �-�
<br /> ,E�.'
<br /> Agreement made June 21 , 1999, between DAMON E. OBERMILLER AND JODI L. a
<br /> OBERMILLER, of 1719 N. TAYLOR, GRAND ISLAND, County of Hall, State of Nebraska,
<br /> herein referred to as trustor, and The Equitable Building and Loan Association, FSB of 113-115
<br /> N. Locust Street, City of Grand Island, County of Hall , State of Nebraska, herein referred to as
<br /> beneficiary.
<br /> The parties recite and declare that:
<br /> a. Trustor executed a trust deed on September 26, 1996, in favo�,of beneficiary, which
<br /> q�O-1 `11t�g ��'
<br /> was recorded on October 2, 1996, as Document No.-��6�@-�, in t�e office of the Register of
<br /> Deeds , of Hall County, State of Nebraska, covering the following described property:
<br /> NORTH EIGHT(8) FEET OF LOT TEN (10), AND THE SOUTH FORTY-NINE(49) FEET OF LOT EIGHT(8),
<br /> BLOCK 19, SCARFF ADDITION TO ��STLAWN TO '�t'i� C�TY Oi' Gi.E�ND ISL�AI�TD, iiALL COtJNTY, NEBRASKA.
<br /> b. The above mentioned trust deed was given as security for a Loan, described in such
<br /> trust deed, in the amount of Twenty Two Thousand Four Hundred Seventy-Seven and 28/100---
<br /> ($22,477.OU) Dollars, executed on September 26, 1996, by trustor in favor of beneficiary.
<br /> c. Trustor desires to obtain a loan in the amount of Twenty Thousand Six Hundred and
<br /> No/100----($20,600.00)-------- from The Equitable Building and Loan Association, FSB, of 113-
<br /> 115 N. Locust St., City of Grand Island, County of Ha11, State of Nebraska, herein referred to as
<br /> lender, but lender requires that such loan be secured by a trust deed that will be prior to the trust
<br /> deed in favor of beneficiary.
<br /> d. Beneficiary is willing to subordinate the lien of the trust deed in their favor insofar as it
<br /> encumbers the above-described premises, to the trust deed made in favor of lender in
<br /> order that tn.istor may obtain such loan from lender. Said Deed of Trust securing
<br /> lender's lien was recorded on JULY 6, , 1999 as document no. 99-106803
<br /> _ in the Office of the Hall County Register of Deeds.
<br /> For the reasons set forth above, and in consideration of the mutual covenants and
<br /> promises of the parties hereto, trustor and beneficiary covenant and agree as follows:
<br />
|