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" - -- - <br /> .r�'��a� . _%p�GA QMU"!I .v�.�. <br /> � «TKi� <br /> -��L+�RF.'�L�!,R3�P3CL�!'a � . • �• • —�.— <br /> y� . <br /> -�s�vr��mRr21�� Yi A A <br /> � �.���������;T�.��� � I'� ��� �OM�.�i� ��� —� ___ <br /> -°': ,�;:;.,:_'��" SZTB0�3DY21a11 YOI� �1Q���'t1�i31 <br /> :���,�?� Q . �n --- <br /> ';yn;�;!+�t'SaQ. r 1.).�r"''=_-- <br /> '�,�• �� NOTIZjs'L 'fi�Y� SU80RDINATION Af3REEMENT RESULT�. �N YOUIt SECU[t2TY =�.�.±;�_.��:�Ja <br /> '�.�:a� �� � f�-_'��...�.�- <br /> ��-�-*"` ' IN'SEREST YN THE PROPBRTY HECOMINa SZIBJECT TO AND OF IAk1ER p�m--;- -- <br /> - ' Y+RIORI3'�t �AN T�3E LIEi3 OF� SOME OZ'��iL OI3 LATEI� 3EG[JdtITX �,�`° �'� _- _ <br /> ��+ � � ~-� INST1tUYrIEIJT. - <br /> . . � �ti x�'�,:'��Str..---_--- <br /> � T�IS AGRE�NT, made this lst day of �, 199�, by f �"" � <br /> Donna Kay Valalik and Donald Leon Valalik, us and and wife, �" �����```� ,� ` <br /> o�aner of the land h�geinafter described and her�inafter referred �. � =�-'� <br /> to ao "Owrtsr", ax�d �ive Pointa Bank, Grand Islar►d, Ne?araslca, 6 � "�`��'�~7°:�'- <br /> pressnt owner and Il�old2x of the deed o� txnast and not� first �";�':�`�'` ��k''- <br /> � hereinaftex desc�ih�cad aasdi �ar,�sefnagtEx r�agmrc��a� �o as '• <br /> � . �•Benef iciary". - � �:�`�'.' <br /> y ♦��' <br /> a ,:;. <br /> :��'� wa��ss�: ` � �������1',"� = <br /> , ���?�,'":,,: <br /> ' `��`���� THAT Wh&EREAS, Donna Ksy Valalik and Donald I,eon Va2al�.�Z did - ��"_-�''°' � <br /> .,.f, �.;�rCS:o�=�,_. <br /> r�"�'t���,�F exeaute a ���d of ��ust, dated February 27, 1992, to Five ha�ints � �-°-� <br /> ' {�'�`?�� Bank, Grand Isl�aad� Nebraska, �rus�ee, covering: �:��.��- <br /> _ .f ?.�di.+f •• ��' -� <br /> . •, t�.''..., - <br /> '')��i`? • .i'f. Z` ';' <br /> a:�Y • The �t�s��x�l� 12.37 feet of Lot 6, and the Easterly "����+"��- <br /> �.z:.° � � <br /> �.;,:,� 61.63 �e��. �f Lot 7, in Block 11, in Parkhill Third , . � ,��,z:�-. <br /> ';:;��;'� Subdivasaoana an Addi4�.on to the City of Grand Island, „ �•����"� <br /> �;' Hall County, Atebrask� � a}� <br /> ,.,., ��_ _ <br />-`�; .. to secure a note in the sum of $14,814.08, dated February �a, ''' % <br /> ive Poi �ts Bank Grand Island, Nebraskn, wknicfi � � ��'•,; <br /> . 1992, in favor of F ra , _ <br /> --'` -- - deed o= LYilbV was ieCC,%ded i�a�'Ch 21, 13�32, fri Vo3iims l2-2L��H�� �' <br /> ;��� Official I2ecords of said county; and . � . <br /> . - �t��;��, <br /> �;'; . WHEREAS, Owner has eatecuted, or is about to execute, a deed ' ':`;i. � <br /> ' of trust �xn�3 not� in the �n�:m not to exceed $55,500.00, dat�¢i �<< �5-�., , ^^.: <br /> ril 1 1999 , �n favor of Coun�trywide Funding i��;. {�; ,• :,ti,;:= <br /> � Corporation, here nafter referred to as t0��nder", payable �ith �:. • <br /> anterest and u on the terms and c�n�la�aons described there�n, � � !�°�%�� <br /> p y - ,,;r;�' , <br /> which deed of trust is to be recorded cancurrenL•ly herewit3a; an8 � . .� <br /> tr;� <br /> � WHEREAS, it is a condition precedent 'to obtaininq saicl loan � � Z <br /> . � that said deed of trust last above mentioned shall �' ;��� <br /> unconditionally be ar.d remain at all •�imes a lion or charge upon �>�i. <br /> the Iand hereinbefore described, prior and superior to the lien � %'�'" �. <br /> or charge of the deed of +trust first above mentioned; and 1 . <br /> WHEREAS, Lender is willing to make said loan provided the r. <br /> deed of trust securing the same is a lien or charge upon the ( <br /> above described property prior and superior to the lien or charge '' - <br /> of the de�d of trust ffrst above mentioned and provided that � <br /> ��.. Benefici�ry will specifica�ly and unconditionally subordina,te the i <br /> lien or charge of the de�d of trust first above mentioned to the <br /> lien or charge of the deed of trust in favor of Lender; and <br /> . WHEREAS, it is to th� mutual benefit of the parties hereto <br /> that Lender make such loan to Owner; and Beneficiary is willinq <br /> �, that the deed of trust securing the same shall, when r��orded, <br /> constitute a lien or charge upon said land which is <br /> un��nditionally prior and superior to the lie or c�narge of the <br /> ,.. <br /> �` de��l of trust first above mention�d. <br /> ';::; �. ��'�o aFIEREFORE, in co�nsid����non of tlhe mutual be��fits <br /> �':` � '.� �:' �c�:rc�aarcg to the marties he�eto am:m1 other valuam2� consideration, <br /> ' ,���'' � $tn� receipt anci ��n�'ficiency of wPnach considera�i�m is hereby <br /> � arlrr�ns.rl s+Arrrsr4_ anr4 i n nrdpr t'n i nduCE.+ Len3eY' to �c'Lk� the loan <br /> - ,, , _ . . --.--• - <br /> above r�ff�rred to, it is hereby declar�d, vnderstood ame� agrQed <br /> �s €ol�ows: <br /> � (1) That said deed of trust securing said note in <br /> : i favor of L�nder, and any renewals, modifications or <br /> extensions thereof, shall uncondi�ionally be and remain <br /> . at all times of lien or charge on th� property therein <br /> 1 <br /> • i � <br /> f <br /> � <br />