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V1 <br />{ <br />T" <br />`II %e2 <br />SUBORDINATION AGREEMENT <br />c� <br />WHEREAS, Aliant Credit Union the undersigned, hereinafter referred to as First Party, is the owner of the mortgage <br />dated May 29, 2001 and recorded on the June 11, 2001, as document No. 200105547 in VoL N/A at page N/A , in the office <br />of the Register of Deeds, Hall Comity, State of Nebraska, securing a debt in the original amount of $18,000.00, and covering <br />the following described real estate situated in Hall County, State of Nebraska, to -wit: <br />LOT 33, R & R STTBDIVISION, CITY OF GRAND ISLAND, HALL. COUNTY, NEBRASKA, ACCORDING 10 111E <br />RECORDED PLATT HEREOF <br />WHEREAS, Dana S. and Jeanie M. Harris have executed a mortgage in the amount of $79,000.00, dated <br />/ 'a, 2002 to Principal Residential Mortgage, hereinafter referred to as Second Party covering the above described real <br />estate and securing a note of like ameum, which mortgage is filed for record in the office of the Register of Deeds, Hall County, <br />State of Nebraska on / l W L/_Q_3 at _,U 5 8 o'clock, and recorded as document No. 070c 300 9Q(/ , u1 <br />Bonk of Mortgages, at page — , of the records of said County and State; and <br />WHEREAS, Second fatty 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 prendses by virtue of its mortgages first above <br />described; <br />NOW, THEREFORE, the undersigned in consideration of the premises and the suns of One Dollar ($1.00) to the First <br />Party 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 fast 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 />IN WITNESS WHEREOF, the said First Party has hereunto caused this instrument to be signed onits behalf by <br />4&7 G– thereunto duly authorized so to do this day,/0_/_,_13/,2002. <br />ff � eflClF <br />dI Umen <br />Witness Signature - <br />6t�Ylc /a �an� <br />Witness Primed Signature <br />Witness Signature <br />n <br />7 <br />l <br />2 <br />X <br />N <br />U <br />SUBORDINATION AGREEMENT <br />c� <br />WHEREAS, Aliant Credit Union the undersigned, hereinafter referred to as First Party, is the owner of the mortgage <br />dated May 29, 2001 and recorded on the June 11, 2001, as document No. 200105547 in VoL N/A at page N/A , in the office <br />of the Register of Deeds, Hall Comity, State of Nebraska, securing a debt in the original amount of $18,000.00, and covering <br />the following described real estate situated in Hall County, State of Nebraska, to -wit: <br />LOT 33, R & R STTBDIVISION, CITY OF GRAND ISLAND, HALL. COUNTY, NEBRASKA, ACCORDING 10 111E <br />RECORDED PLATT HEREOF <br />WHEREAS, Dana S. and Jeanie M. Harris have executed a mortgage in the amount of $79,000.00, dated <br />/ 'a, 2002 to Principal Residential Mortgage, hereinafter referred to as Second Party covering the above described real <br />estate and securing a note of like ameum, which mortgage is filed for record in the office of the Register of Deeds, Hall County, <br />State of Nebraska on / l W L/_Q_3 at _,U 5 8 o'clock, and recorded as document No. 070c 300 9Q(/ , u1 <br />Bonk of Mortgages, at page — , of the records of said County and State; and <br />WHEREAS, Second fatty 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 prendses by virtue of its mortgages first above <br />described; <br />NOW, THEREFORE, the undersigned in consideration of the premises and the suns of One Dollar ($1.00) to the First <br />Party 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 fast 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 />IN WITNESS WHEREOF, the said First Party has hereunto caused this instrument to be signed onits behalf by <br />4&7 G– thereunto duly authorized so to do this day,/0_/_,_13/,2002. <br />ff � eflClF <br />dI Umen <br />Witness Signature - <br />6t�Ylc /a �an� <br />Witness Primed Signature <br />Witness Signature <br />