200309306 - Laserfiche WebLink

Browse

January 29, 2002, and filed in the Register of Deeds Office of Hall County, on February 7, 2002, as Document No. 200201480 of that County, covering, the following described property: LOT SIX (6), WESTROADS ESTATES THIRD SUBDIVISION, HALL COUNTY, NEBRASKA B. LENDER is about to loan the sum of Eighty Five Thousand Dollars and No Cents ($85,000.00) on a Note and Deed of Trust securing such Note to be filed against the above described property. C. To induce LENDER to make such loan, it is necessary that the Deed of Trust held by HOME FEDERAL, described in Section A above, be subordinated to the lien of the Deed of Trust about to be made in favor of the LENDER as beneficiary as set forth above as it applies to the above described property only. For the reasons set forth above, and consideration of the mutual covenants and promises of the parties hereto, HOME FEDERAL and LENDER covenant and agree as follows: 1. Subordination. HOME FEDERAL, hereby covenants, consents and agrees with LENDER that the above - mentioned Deed of Trust is and shall continue to be subject to and subordinate in lien to the lien of the Deed of Trust about to be made to LENDER stated above. 2. Consideration. In consideration of HOME FEDERAL so subordinating the Deed of Trust held by it to the Deed of Trust made to LENDER, LENDER shall make the above described loan to Darien L. Cox and Karen M. Cox, Husband and Wife, secured by a Deed of Trust identified as document Number. Z03 — 0930S filed on w�l a 1, d60,I) , in the Register of Deeds Office of Hall County, Nebraska. P`+J AA T t c N m YI ;K 2 r* r' -� n cn O C 3 r W A C.� (n U1 S c::) CD 2 CD AGREEMENT SUBORDINATING A DEED OF TRUST z J I This Agreement is made this 3RD day of _ JULY , 2003, by and between C HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, Beneficiary, herein referred to as HOME FEDERAL, and Equitable Federal Savings Bank of Grand Island, which has a principal place of business in Hall County, Nebraska, herein referred to as LENDER. The parties recite and declare that: A. HOME FEDERAL is the owner and holder of a certain Deed of Trust dated January 29, 2002, and filed in the Register of Deeds Office of Hall County, on February 7, 2002, as Document No. 200201480 of that County, covering, the following described property: LOT SIX (6), WESTROADS ESTATES THIRD SUBDIVISION, HALL COUNTY, NEBRASKA B. LENDER is about to loan the sum of Eighty Five Thousand Dollars and No Cents ($85,000.00) on a Note and Deed of Trust securing such Note to be filed against the above described property. C. To induce LENDER to make such loan, it is necessary that the Deed of Trust held by HOME FEDERAL, described in Section A above, be subordinated to the lien of the Deed of Trust about to be made in favor of the LENDER as beneficiary as set forth above as it applies to the above described property only. For the reasons set forth above, and consideration of the mutual covenants and promises of the parties hereto, HOME FEDERAL and LENDER covenant and agree as follows: 1. Subordination. HOME FEDERAL, hereby covenants, consents and agrees with LENDER that the above - mentioned Deed of Trust is and shall continue to be subject to and subordinate in lien to the lien of the Deed of Trust about to be made to LENDER stated above. 2. Consideration. In consideration of HOME FEDERAL so subordinating the Deed of Trust held by it to the Deed of Trust made to LENDER, LENDER shall make the above described loan to Darien L. Cox and Karen M. Cox, Husband and Wife, secured by a Deed of Trust identified as document Number. Z03 — 0930S filed on w�l a 1, d60,I) , in the Register of Deeds Office of Hall County, Nebraska.