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WHEREAS, Todd M. and Tina M. Mason have executed a mortgage in the amount of $75,566.00, dated <br />/J, /_/ <br />�p_/,2002 to Principal Residential Mortgage, hereinafter referred to as Second Party covering the above described real <br />estate and securing a note of like amount, which mortgage is filed for record in the office of the Register of Deeds, Hall County, <br />State of Nebraska on / / 22 / 03 at _L: I L o'clock, and recorded as document No. Rio a V/ , in <br />Book - — -__ of Mortgages, at page _ , of the records of said County and State; and <br />WHEREAS, Second Parry desires that the lien of its mortgage above referred to shall be prior and superior to any right, <br />title, interest, claim or lien which the First Party may have in or to the said premises by virtue of its mortgages first above <br />described; <br />NOW, THEREFORE, the undersigned in consideration of the premises and the sum of One Dollar ($ 1.00) to the First <br />Parry in hand paid, the receipt whereof in hereby acknowledged, the said First Party does subordinate all rights created by the <br />mortgages above described to the undersigned First Party, or in any other manner, to the lien of the mortgage to the said Second <br />Party above described, and agrees that the said mortgage to said Second Party shall constitute a first and prior lien upon the real <br />estate described in the mortgage of said .Second Party, superior to any right, title interest, claim or lien which the First Party may <br />have in or on said premises, to the same extent as though the mortgage to Second Party was actually executed and recorded prior <br />to the mortgages of the undersigned above described. <br />WI E'S Wit : 2fiOF, the said First Party has hereunto caused this instmment to be signed on its behalf by <br />,i N thereunto duly authorized so to do this day /,2002. <br />Home Federal Savings And Loan <br />_ CA iX <br />Witness Signature <br />�Trac� F�be.r <br />Wimcss Printed Signature <br />�t- g PPM <br />Witness Signature <br />n n z n= ° <br />o <br />T <br />? <br />_ > a <br />M N_ cn p ro <br />I o O <br />d <br />— <br />1 r <br />� O <br />i7 <br />3 r A O <br />eS <br />N N h' <br />200300842 " <br />a <br />SUBORDINATION AGREEMENT <br />pc <br />1l <br />WHEREAS, Home Federal Savings And Loan die undersigned, hereinafter referred to as First Party, is the owner of <br />the mortgage dated May 14,2002 and recorded on the May 14,2002, as document Nu. 200205157 in Vol. N/A at page N /A, <br />in the office of the Register of Deeds, Hall County, State of Nebraska, securing a debt in the original amount of $4,279.00, <br />and covering the following described real estate situated in Hall County, State of Nebraska, to -wit: <br />SOUTHERLY 14.95 FEET OF LOT 10 AND THE NORTHERLY 42.75 FEET OF LOT 12 IN BLOCK 18, IN <br />ONIVERSI'1'Y PLACE, AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, ACCORDING <br />TO THE RECORDED PLAT'1'HERLOF <br />WHEREAS, Todd M. and Tina M. Mason have executed a mortgage in the amount of $75,566.00, dated <br />/J, /_/ <br />�p_/,2002 to Principal Residential Mortgage, hereinafter referred to as Second Party covering the above described real <br />estate and securing a note of like amount, which mortgage is filed for record in the office of the Register of Deeds, Hall County, <br />State of Nebraska on / / 22 / 03 at _L: I L o'clock, and recorded as document No. Rio a V/ , in <br />Book - — -__ of Mortgages, at page _ , of the records of said County and State; and <br />WHEREAS, Second Parry desires that the lien of its mortgage above referred to shall be prior and superior to any right, <br />title, interest, claim or lien which the First Party may have in or to the said premises by virtue of its mortgages first above <br />described; <br />NOW, THEREFORE, the undersigned in consideration of the premises and the sum of One Dollar ($ 1.00) to the First <br />Parry in hand paid, the receipt whereof in hereby acknowledged, the said First Party does subordinate all rights created by the <br />mortgages above described to the undersigned First Party, or in any other manner, to the lien of the mortgage to the said Second <br />Party above described, and agrees that the said mortgage to said Second Party shall constitute a first and prior lien upon the real <br />estate described in the mortgage of said .Second Party, superior to any right, title interest, claim or lien which the First Party may <br />have in or on said premises, to the same extent as though the mortgage to Second Party was actually executed and recorded prior <br />to the mortgages of the undersigned above described. <br />WI E'S Wit : 2fiOF, the said First Party has hereunto caused this instmment to be signed on its behalf by <br />,i N thereunto duly authorized so to do this day /,2002. <br />Home Federal Savings And Loan <br />_ CA iX <br />Witness Signature <br />�Trac� F�be.r <br />Wimcss Printed Signature <br />�t- g PPM <br />Witness Signature <br />