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Agreement made the3D day of r� , 2003, between Bradley K. Henke, of 2110 —'
<br />Topeka Circle, Grand Island, Hall County, Nebraska, herein referred to as trustor, and Wayne J. °o
<br />Sasgcs and Sharilyn L. Sasges, Husband and Wife, of 1703 Columbia Circle, Grand Island,
<br />County of Hall, State of Nebraska, herein referred to as beneficiary.
<br />The parties recite and declare that:
<br />a. Truster executed trust deed, on October 30, 2002, in favor of beneficiary, which was
<br />recorded on January 2, 2003, in the office of the Register of Deeds , of Hall County, State of
<br />Nebraska, as Document No. 200300001, covering the following described property:
<br />LOTS 117 AND 118, IN WEST LAWN AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />b. The above mentioned trust deed was given as security for a Loan, described in such
<br />trust decd, in the amount of Thirty -Seven Thousand Thirty -Two and 22/100 - -- ($37,032.22)
<br />Dollars, executed on October 30, 2002, by trustor in favor of beneficiary.
<br />c. Truster desires to obtain a loan in the amount of Seventy-Three Thousand and
<br />No /100 ---- ($73,000.00) -- from Equitable Federal Savings Bank of Grand Island, P.O. Box 160,
<br />City of Grand Island, County of Hall, State of Nebraska, herein referred to as lender, but lender
<br />requires that such loan be secured by a trust deed that will be prior to the trust deeds in favor of
<br />beneficiary.
<br />d. Beneficiary is willing to subordinate the lien of the trust deed in their favor insofar as
<br />it encumbers the above - described premises, to the trust deed made in favor of lender in order that
<br />truster may obtain such loan from lender. Said Deed of Trust securing lender's lien was recorded
<br />on .ACC as document No. in
<br />the Office of t re Hall County Register of Deeds.
<br />For the reasons set forth above, and in consideration of the mutual covenants and
<br />promises of the parties hereto, trustor and beneficiary covenant and agree as follows:
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<br />AGREEMENT SUBORDINATING EXISTING
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<br />TRUST DEED TO NEW TRUST DEED
<br />Agreement made the3D day of r� , 2003, between Bradley K. Henke, of 2110 —'
<br />Topeka Circle, Grand Island, Hall County, Nebraska, herein referred to as trustor, and Wayne J. °o
<br />Sasgcs and Sharilyn L. Sasges, Husband and Wife, of 1703 Columbia Circle, Grand Island,
<br />County of Hall, State of Nebraska, herein referred to as beneficiary.
<br />The parties recite and declare that:
<br />a. Truster executed trust deed, on October 30, 2002, in favor of beneficiary, which was
<br />recorded on January 2, 2003, in the office of the Register of Deeds , of Hall County, State of
<br />Nebraska, as Document No. 200300001, covering the following described property:
<br />LOTS 117 AND 118, IN WEST LAWN AN ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />b. The above mentioned trust deed was given as security for a Loan, described in such
<br />trust decd, in the amount of Thirty -Seven Thousand Thirty -Two and 22/100 - -- ($37,032.22)
<br />Dollars, executed on October 30, 2002, by trustor in favor of beneficiary.
<br />c. Truster desires to obtain a loan in the amount of Seventy-Three Thousand and
<br />No /100 ---- ($73,000.00) -- from Equitable Federal Savings Bank of Grand Island, P.O. Box 160,
<br />City of Grand Island, County of Hall, State of Nebraska, herein referred to as lender, but lender
<br />requires that such loan be secured by a trust deed that will be prior to the trust deeds in favor of
<br />beneficiary.
<br />d. Beneficiary is willing to subordinate the lien of the trust deed in their favor insofar as
<br />it encumbers the above - described premises, to the trust deed made in favor of lender in order that
<br />truster may obtain such loan from lender. Said Deed of Trust securing lender's lien was recorded
<br />on .ACC as document No. in
<br />the Office of t re Hall County Register of Deeds.
<br />For the reasons set forth above, and in consideration of the mutual covenants and
<br />promises of the parties hereto, trustor and beneficiary covenant and agree as follows:
<br />
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