|
LOT SEVEN (7), JEFFREY OAKS FIFTH (5TH) SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA, ACCORDING TO THE RECORDED PLAT THEREOF.
<br />WHEREAS, Chris and Janelle Wormuth have executed a mortgage in the amount of $__ �3y, QQp ,d D ,
<br />date / 2003 to Principal Residential Mortgage Inc., hereinafter referred to as Second Party covering the above
<br />descri al estate and securing a note of like amount, which mortgage is filed for record in the office of the Register of Deeds,
<br />Hall County, State of Nebraska on / .2& G at o'clock, and recorded as document No.
<br />0�003 Q k0 �- 1 , in Book of Mortgages, at page of the records of said County and
<br />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 first 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 first 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 to
<br />the mortgages of the undersigned above described.
<br />IN WITNESS WHER , th said First Party has hereunto caused this instrument to be signed on its behalf by
<br />� / / 2003.
<br />thereunto duly authorized so to do this day
<br />^//
<br />L. MCLELLAN, BRANCH PRES.
<br />United Nebraska Bank
<br />l �
<br />Witness Signature
<br />A16Xi ne, /_ i S/_
<br />Witness Printed Signature
<br />�Za
<br />Witness Signature
<br />S cc e-_ (V (Gt. UA e it)
<br />Witness Printed Signatu
<br />Rt
<br />M
<br />S
<br />CM
<br /><t .-.
<br />N
<br />co
<br />200308593
<br />Kr _j
<br />Y
<br />Q=
<br />G
<br />ID
<br />� N W
<br />is
<br />-3 j/Y
<br />�_
<br />Lij
<br />�
<br />��11���iJ
<br />LU 34
<br />cl-i
<br />Cie W1L
<br />°
<br />C
<br />SUBORDINATION AGREEMENT
<br />LU
<br />C' �
<br />WHEREAS,
<br />United Nebraska Bank the undersigned, hereinafter referred to as First Party, is the owner of the mortgage
<br />dated September 28, 2001
<br />and recorded on the October 15, 2001, as document No. 0200110393 in Vol. N/A at page N/A , it
<br />the office of the Register
<br />of Deeds, Hall County, State of Nebraska, securing a debt in the original amount of $15,080.50 , and
<br />—
<br />- "covering the following described
<br />real estate situated in Hall County, State of Nebraska, to -wit:
<br />LOT SEVEN (7), JEFFREY OAKS FIFTH (5TH) SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA, ACCORDING TO THE RECORDED PLAT THEREOF.
<br />WHEREAS, Chris and Janelle Wormuth have executed a mortgage in the amount of $__ �3y, QQp ,d D ,
<br />date / 2003 to Principal Residential Mortgage Inc., hereinafter referred to as Second Party covering the above
<br />descri al estate and securing a note of like amount, which mortgage is filed for record in the office of the Register of Deeds,
<br />Hall County, State of Nebraska on / .2& G at o'clock, and recorded as document No.
<br />0�003 Q k0 �- 1 , in Book of Mortgages, at page of the records of said County and
<br />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 first 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 first 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 to
<br />the mortgages of the undersigned above described.
<br />IN WITNESS WHER , th said First Party has hereunto caused this instrument to be signed on its behalf by
<br />� / / 2003.
<br />thereunto duly authorized so to do this day
<br />^//
<br />L. MCLELLAN, BRANCH PRES.
<br />United Nebraska Bank
<br />l �
<br />Witness Signature
<br />A16Xi ne, /_ i S/_
<br />Witness Printed Signature
<br />�Za
<br />Witness Signature
<br />S cc e-_ (V (Gt. UA e it)
<br />Witness Printed Signatu
<br />Rt
<br />
|