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This Agreement is made this 11TH day of JUNE , 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 />MORTGAGE
<br />A. FIVE POINTS BANK is the owner and holder of a certain 1R 0 iXxlated
<br />September 15, 1995, and filed in the Register of Deeds Office of Hall County, on September 19,
<br />1995, as Document No. 95- 106287 of that County, covering, the following described property:
<br />LOT EIGHT (8), IN BLOCK TWO (2), IN STEWART PLACE SUBDIVISION, BEING A PART OF THE
<br />NORTHEAST QUARTER (NE' /,) OF SECTION TWENTY NINE (29), TOWNSHIP ELEVEN (11) NORTH,
<br />RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA
<br />B. LENDER is about to loan the sum of Seventy Thousand Dollars and No Cents
<br />($70,000.00) on a Note and Deed of Trust securing such Note to be filed against the above described
<br />property.
<br />MORTGAGE
<br />C. To induce LENDER to make such loan, it is necessary that the W6X9XFWheld 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 BRAFSM§t 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 />MORTGAGE
<br />3XXdb9TKMheld by it to the Deed of Trust made to LENDER, LENDER shall
<br />make the above described loan to Marietta M. Hofferber and Cyndie L. Larson,
<br />Husband and Wife, both unmarried persons, secured by a Deed of Trust identified
<br />as document Numbe c7 7 5�/ filed on LAz►►C 00 -3, in the
<br />Register of Deeds Office of Hall County, Nebraska.
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<br />AGREEMENT SUBORDINATING Afifij�w
<br />This Agreement is made this 11TH day of JUNE , 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 />MORTGAGE
<br />A. FIVE POINTS BANK is the owner and holder of a certain 1R 0 iXxlated
<br />September 15, 1995, and filed in the Register of Deeds Office of Hall County, on September 19,
<br />1995, as Document No. 95- 106287 of that County, covering, the following described property:
<br />LOT EIGHT (8), IN BLOCK TWO (2), IN STEWART PLACE SUBDIVISION, BEING A PART OF THE
<br />NORTHEAST QUARTER (NE' /,) OF SECTION TWENTY NINE (29), TOWNSHIP ELEVEN (11) NORTH,
<br />RANGE NINE (9) WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA
<br />B. LENDER is about to loan the sum of Seventy Thousand Dollars and No Cents
<br />($70,000.00) on a Note and Deed of Trust securing such Note to be filed against the above described
<br />property.
<br />MORTGAGE
<br />C. To induce LENDER to make such loan, it is necessary that the W6X9XFWheld 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 BRAFSM§t 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 />MORTGAGE
<br />3XXdb9TKMheld by it to the Deed of Trust made to LENDER, LENDER shall
<br />make the above described loan to Marietta M. Hofferber and Cyndie L. Larson,
<br />Husband and Wife, both unmarried persons, secured by a Deed of Trust identified
<br />as document Numbe c7 7 5�/ filed on LAz►►C 00 -3, in the
<br />Register of Deeds Office of Hall County, Nebraska.
<br />
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