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SUBORDINATION AGREEMENT
<br />03N .r)0388 cy
<br />WHEREAS, Hume Federal Savings And Loan Association Of Grand Island the undersigned, hereinafter referred to as
<br />First Party, is the owner of the mortgage dated Novenber 18, 2002 and recorded on the December 2, 2002, as document No.
<br />200213260 in Vol. N/A at page N/A , in the office of the Register of Deeds, Hall County, State of Nebraska, securing a debt in
<br />the original amount of $2,868.50, and covering the following described real estate situated in Hall County, Some of Nebraska,
<br />to -wit:
<br />LOT 7, BLOCK 3, IN LE HEIGHTS SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA, ACCORDING TO THE RECORDED PLAT THEREOF
<br />k000,00
<br />WHEREAS, James E. and Came L. Kolar have executed a mortgage in the amount of $N,560.60, dated
<br />' /x/2003 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 �_ /�/ at :_2,K, o'clock, and recorded as document No. ;ZQ031%a �� , in
<br />Book i of Mortgages, at page of the records of said County and State; and
<br />WHEREAS, Second Party 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 fast 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 />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 Parry, 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.
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<br />IN WITNESS WHERE —OF, the said First Parry has hereunto caused this instrument to be signed on its behalf by
<br />thereunto duty authorized so to do this day )_lT�, ,/ 2003.
<br />Home Federal Savings And Loan Association Of Grand Island
<br />J10-.. a, I W,
<br />Witness Signature
<br />-I ITI - ?No %]r
<br />Witness Printed Signature
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<br />SUBORDINATION AGREEMENT
<br />03N .r)0388 cy
<br />WHEREAS, Hume Federal Savings And Loan Association Of Grand Island the undersigned, hereinafter referred to as
<br />First Party, is the owner of the mortgage dated Novenber 18, 2002 and recorded on the December 2, 2002, as document No.
<br />200213260 in Vol. N/A at page N/A , in the office of the Register of Deeds, Hall County, State of Nebraska, securing a debt in
<br />the original amount of $2,868.50, and covering the following described real estate situated in Hall County, Some of Nebraska,
<br />to -wit:
<br />LOT 7, BLOCK 3, IN LE HEIGHTS SECOND SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA, ACCORDING TO THE RECORDED PLAT THEREOF
<br />k000,00
<br />WHEREAS, James E. and Came L. Kolar have executed a mortgage in the amount of $N,560.60, dated
<br />' /x/2003 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 �_ /�/ at :_2,K, o'clock, and recorded as document No. ;ZQ031%a �� , in
<br />Book i of Mortgages, at page of the records of said County and State; and
<br />WHEREAS, Second Party 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 fast 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 />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 Parry, 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 />q
<br />IN WITNESS WHERE —OF, the said First Parry has hereunto caused this instrument to be signed on its behalf by
<br />thereunto duty authorized so to do this day )_lT�, ,/ 2003.
<br />Home Federal Savings And Loan Association Of Grand Island
<br />J10-.. a, I W,
<br />Witness Signature
<br />-I ITI - ?No %]r
<br />Witness Printed Signature
<br />
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