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<br /> . . S�JBOADINATIOI�I AG'rREEMENT
<br /> �� .. , . NOTICE:THIS SUBORDINATION AGiP'�I�1VT RE,SULTS IN YOUR SECURITY �
<br /> �¢� Y. •, . II�ITEREST IN TI�P1tOPEIt�YHECOMIATG SUBJECT T�AI�ID OF L4WEI� �
<br /> d .� .. � r. `., .
<br /> � " . • .. . PRIORITY T.HAN TI�LIEN OF S0�OT�OIt LATBii�ECURITY /C�
<br /> ; . � . INSTRiJMENT. ' . � -
<br /> y ...�� . , —
<br /> � � � � � -----
<br />::�` . � �..: .� , , THIS AC�ltEE1V�T,made tbis 9th day ofJanuary, 1395,by Luc�Ie M.Fussy --
<br /> � ' � • � owner ofthe lattd hereinafter descn'bed and hel�inafter refesred to as"Owner,"and Home ,-: .
<br /> .. ,. � _
<br /> . _.—,�..__�.. = -
<br /> . ° � -•• .---. _.: _...--- ---..Fede�al Saving�antd_Lo�n,_preseut ownerand holder of the Deed ofTinst_and No�first�-.-.- •_
<br /> . . . • - . -- .. .. and hereinafter descnbed aad hereina8er referred to as"Beae��iary;" _ . . . .� ��_
<br /> � . E
<br /> .. . � �ViTN�SSET�: . , �.r�
<br /> , �.-::� _ _ . _ . - -- _
<br /> , TAAT,WI�REAS,Luc�le M Fuss,an unremaaied wadow,did ex�cute a Deed ��.-.�__
<br /> � � of Tn�st dated Apn'19tb,1991,tQ�iome Fedeuai lGrand Island,Arend Baack as Tivste�, °==-=� -_-
<br /> , . �
<br /> •- :> � �_ �coveriag. . . � ---- -
<br /> • ' < . � LOT NI1�1E(9),�ISHOP FffiGATS SUBDIVISION,IN T�CITY OF GRAND ��`
<br /> . . . �,,, �.:.,
<br /> _ ISLAI�IlTi,HALL COUNTY,NEBRASKA. r � , -----
<br /> � :3 �. _ -
<br /> - .'� to secure a Note in the sum of$6350.00 .d�ted April'9. , t9 9�in favar of -
<br />- - �'i=" � � Home Federal/Grand Islan3,which Deed of Tnist was re�orded Apri116th, 1991,as
<br /> �•:,�:;�., � Document Num6er#91-102186,O�cial R�ards of Hall Cownty;and �. � '::•.°�
<br /> ,_----
<br /> �;�� ','•-'. . WFIEREAS,Owner has executed,or is about to exes�te,a Deed of Tnist and �--���
<br /> =:�-.�b;; - _.�
<br /> `'�'°�`�`�� ' ` Noie in the sum of$43;000.00,dated October 24tb,1994,in favor ofUnited Nebraska =
<br /> " �� " . . Bank,hereinaRer referred to as"Lend�r,"payable arith interest and upon the terms and ���
<br /> ��' �����y
<br /> . �,.a�.�_
<br /> � : � . � . � conditions descn'6ed therein,which Deed of Tn�st is to be recorded concurrently herewit�; . u - =t�—
<br /> .� . , and . .
<br /> � ,
<br /> IT LS RECOMNIENDEID THAT,P1tI0RTO THE EK�CUITON OF TffiS � � .'��� ,:�,._
<br />_-�� .' . .
<br /> 1'HE PAA1'IES CONSULT WITH TSEIR ��;:��: .-
<br />- SUBORDINA7`IONAGItEEMENT, •,°-,�-- .� �►�.
<br />- '� . AT1iORNEYS WTTH RESPEGT THERETO. .: � �
<br /> _�*.. , . . . . . . �
<br /> - : . . � eM to obtai�aai said loan that said Deed of � �` r�'
<br /> 1RtH�REAS,it is a conditcoa preced g �
<br /> � ` ' ^�� . Trust lass above mentioned shall unconditionalty 6e and remain at all times a lieA or charge „�
<br /> "�'�` � �� . upon the!and herein�efore described,prior and superior to the lien or charge of the Deed • �. �
<br /> '�:"`•�° . . . . .
<br /> , � of Trust f�rst abuve men�oned;and .
<br /> .�� . � ' ���J.
<br /> ;.�,.. . . . .
<br /> � E�REAS,Lejidcz is willir,gt�mait�said Ivan,proviceed the lleed of 1'rust � . .
<br /> . �;.: .
<br />.:�_� '-'. �. ', ' securing the same is a lien or charge upon the above-descn'6ed property prior and superior �. .�.��
<br /> =�•• � to the lien or charge of the Deed of Tnist fust above mentioned and provided that . '_� `"f
<br /> �.• : .
<br /> Beneficiary w�ll sgecificatly and unconditionaUy subordinate the lien oF charge of the Deed '"� `
<br /> .��'�. . �, : of Trust first above mrntioa�d to the lie�qr charge of the deed of Trust in favor of � �
<br /><, .. :� . , LQnder,and � .. . . ,�'
<br /> �. �. � � � • ����.:�.
<br /> ;�� ,. � � VV'E�REAS,it is ta the mutual be�tefit of the partie�hereto that Lerider make such � � . . '!
<br /> - , loan to O w ner,an d Ben e fici a ry is w i ll i n g t h a t t h e D e e d o f T n�s t s e c u r i n g t h e s a m e s h a l l, `�
<br /> � . �. when recorded consritute a lien or eharge upo�said land which is unconditionally prior j� � � � •
<br /> ���• ` � � � � and superior to ttte lien or charge of the Deed of Trust fust above mentianed: � � � �'�
<br /> .
<br /> _ � �
<br />� . . :_ �-. .:__ � - -- - - .
<br /> �=--_---�=�-
<br /> "�� �� . . � NOW,TI�ItEFOYtE,in consideratioa of the mutual b,.neSts accruing to the � r � �
<br />" ' ` � ' � �� parties hereto and other vatuable consider�tion,the receipt and sufficiency of which , �� �C -
<br /> _�� . ' . . ,I.
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