Laserfiche WebLink
t� <br />r1 <br />200305186 <br />AGREEMENT SUBORDINATING A DEED OF TRUST <br />This Agreement is made this 16 day of APRIL , 2003, by and between <br />FIVE POINTS BANK, Trustee and Beneficiary, herein referred to as FIVE POINTS BANK, and <br />Equitable Federal Savings Bank of Grand Island, which has a principal place of business in Hall <br />County, Nebraska, herein referred to as LENDER. <br />The parties recite and declare that: <br />A. FIVE POINTS BANK is the owner and holder of a certain Deed of Trust dated March <br />20, 1998, and filed in the Register of Deeds Office of Hall County, on March 27, 1998, as Document <br />No. 98- 102745 of that County, covering, the following described property: <br />LOT ONE (1), BLOCK NINETEEN (19), IN CHARLES WASMER'S ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />B. LENDER is about to loan the sum of Fifty Thousand Dollars and No Cents <br />($50,000.00) on a Note and Deed of Trust securing such Note to provide for the payment of a Note to <br />LENDER secured by a Deed of Trust filed against the above described property. <br />C. To induce LENDER to make such loan, it is necessary that the Deed of Trust held by <br />FIVE POINTS BANK, described in Section A above, be subordinated to the lien of the Deed of Trust <br />about to be made in favor of the LENDER as beneficiary as set forth above as it applies to the above <br />described property only. <br />For the reasons set forth above, and consideration of the mutual covenants and promises of the <br />parties hereto, FIVE POINTS BANK and LENDER covenant and agree as follows: <br />1. Subordination. FIVE POINTS BANK, hereby covenants, consents and agrees with <br />LENDER that the above - mentioned Deed of Trust is and shall continue to be <br />subject to and subordinate in lien to the lien of the Deed of Trust about to be made <br />to LENDER stated above. <br />2. Consideration. In consideration of FIVE POINTS BANK so subordinating the <br />Deed of Trust held by it to the Deed of Trust made to LENDER, LENDER shall <br />make the above described loan to Ronald E. Lukesh and Jean A. Lukesh, Husband <br />and Wife, secured by a Deed of Trust identified as document Number <br />filed on A-p r -A ag , oW-,� , in the Register of Deeds <br />Office of Hall County, Nebraska. <br />f1 <br />M <br />= <br />n <br />rn <br />n <br />z <br />w <br />c-> cr> <br />= b v <br />M CA <br />O <br />AGREEMENT SUBORDINATING A DEED OF TRUST <br />This Agreement is made this 16 day of APRIL , 2003, by and between <br />FIVE POINTS BANK, Trustee and Beneficiary, herein referred to as FIVE POINTS BANK, and <br />Equitable Federal Savings Bank of Grand Island, which has a principal place of business in Hall <br />County, Nebraska, herein referred to as LENDER. <br />The parties recite and declare that: <br />A. FIVE POINTS BANK is the owner and holder of a certain Deed of Trust dated March <br />20, 1998, and filed in the Register of Deeds Office of Hall County, on March 27, 1998, as Document <br />No. 98- 102745 of that County, covering, the following described property: <br />LOT ONE (1), BLOCK NINETEEN (19), IN CHARLES WASMER'S ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />B. LENDER is about to loan the sum of Fifty Thousand Dollars and No Cents <br />($50,000.00) on a Note and Deed of Trust securing such Note to provide for the payment of a Note to <br />LENDER secured by a Deed of Trust filed against the above described property. <br />C. To induce LENDER to make such loan, it is necessary that the Deed of Trust held by <br />FIVE POINTS BANK, described in Section A above, be subordinated to the lien of the Deed of Trust <br />about to be made in favor of the LENDER as beneficiary as set forth above as it applies to the above <br />described property only. <br />For the reasons set forth above, and consideration of the mutual covenants and promises of the <br />parties hereto, FIVE POINTS BANK and LENDER covenant and agree as follows: <br />1. Subordination. FIVE POINTS BANK, hereby covenants, consents and agrees with <br />LENDER that the above - mentioned Deed of Trust is and shall continue to be <br />subject to and subordinate in lien to the lien of the Deed of Trust about to be made <br />to LENDER stated above. <br />2. Consideration. In consideration of FIVE POINTS BANK so subordinating the <br />Deed of Trust held by it to the Deed of Trust made to LENDER, LENDER shall <br />make the above described loan to Ronald E. Lukesh and Jean A. Lukesh, Husband <br />and Wife, secured by a Deed of Trust identified as document Number <br />filed on A-p r -A ag , oW-,� , in the Register of Deeds <br />Office of Hall County, Nebraska. <br />= <br />rn <br />w <br />c-> cr> <br />O <br />M <br />O <br />G <br />o ,4 <br />N <br />O <br />VD1 <br />rn <br />co <br />- <br />rn <br />D M <br />O <br />rN-t <br />A <br />f D <br />C!1 <br />CD <br />D <br />co <br />� <br />C.n <br />z <br />o <br />AGREEMENT SUBORDINATING A DEED OF TRUST <br />This Agreement is made this 16 day of APRIL , 2003, by and between <br />FIVE POINTS BANK, Trustee and Beneficiary, herein referred to as FIVE POINTS BANK, and <br />Equitable Federal Savings Bank of Grand Island, which has a principal place of business in Hall <br />County, Nebraska, herein referred to as LENDER. <br />The parties recite and declare that: <br />A. FIVE POINTS BANK is the owner and holder of a certain Deed of Trust dated March <br />20, 1998, and filed in the Register of Deeds Office of Hall County, on March 27, 1998, as Document <br />No. 98- 102745 of that County, covering, the following described property: <br />LOT ONE (1), BLOCK NINETEEN (19), IN CHARLES WASMER'S ADDITION TO THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA. <br />B. LENDER is about to loan the sum of Fifty Thousand Dollars and No Cents <br />($50,000.00) on a Note and Deed of Trust securing such Note to provide for the payment of a Note to <br />LENDER secured by a Deed of Trust filed against the above described property. <br />C. To induce LENDER to make such loan, it is necessary that the Deed of Trust held by <br />FIVE POINTS BANK, described in Section A above, be subordinated to the lien of the Deed of Trust <br />about to be made in favor of the LENDER as beneficiary as set forth above as it applies to the above <br />described property only. <br />For the reasons set forth above, and consideration of the mutual covenants and promises of the <br />parties hereto, FIVE POINTS BANK and LENDER covenant and agree as follows: <br />1. Subordination. FIVE POINTS BANK, hereby covenants, consents and agrees with <br />LENDER that the above - mentioned Deed of Trust is and shall continue to be <br />subject to and subordinate in lien to the lien of the Deed of Trust about to be made <br />to LENDER stated above. <br />2. Consideration. In consideration of FIVE POINTS BANK so subordinating the <br />Deed of Trust held by it to the Deed of Trust made to LENDER, LENDER shall <br />make the above described loan to Ronald E. Lukesh and Jean A. Lukesh, Husband <br />and Wife, secured by a Deed of Trust identified as document Number <br />filed on A-p r -A ag , oW-,� , in the Register of Deeds <br />Office of Hall County, Nebraska. <br />