|
Agreement made the 25 day of AUGUST 2002, between Danny J. Ediger and—c\�,
<br />Jacqualine L. Ediger, Husband and Wife, of #21 Lillian Ln., Doniphan, Hall County, State of
<br />Nebraska, herein referred to as tmstor, and The Equitable Building & Loan Association, a
<br />Federal Savings Bank, now known as EQUITABLE FEDERAL SAVINGS BANK OF GRAND
<br />ISLAND, of 113 N. Locust St., City of Grand Island, County of Hall, State of Nebraska, herein
<br />referred to as beneficiary.
<br />The parties recite and declare that:
<br />a. Truster executed a trust deed on October 19, 2000, in favor of beneficiary, which was
<br />recorded on October 26, 2000, in the office of the Register of Deeds, of Hall County, State of
<br />Nebraska, as Document No. 0200009271 covering the following described property (as defined
<br />in Neb. Rev. State. 76 -201) in Hall County, Nebraska.
<br />LOT TWENTY- ONE(22) AMICK ACRES EAST SUBDIVISION, HALL COUNTY, NEBRASKA
<br />b. The above mentioned trust deed was given as security for Loan, described in such
<br />trust deed, in the original amount of Ten Thousand and No /100 - -- ($10,000.00) Dollars, executed
<br />on October 19, 2000, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of One Hundred Sixteen Thousand and
<br />No/ 100 ($116,000.00) -- - - - - -- from Equitable Federal Savings Bank of Grand island, of 113N.
<br />Locust, City of Grand Island, County of Hall, State of Nebraska, herein referred to as lender, but
<br />lender requires that such loan be secured by a trust deed that will be prior to the trust deed in
<br />favor of beneficiary.
<br />d. Beneficiary is willing to subordinate the lien of the trust deeds in their favor insofar m
<br />it encumbers the above - described premises, to the trust deed made in favor of lender
<br />in order that trustor may obtain such loan from lender. Said Deed of Trust securing
<br />4 JoD2 o�dba -0n the
<br />lender's lien was recorded on S2 a6T at Document no. in the
<br />Office of the 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 />m =
<br />m v+
<br />A
<br />�
<br />s m
<br />AGREEMENT SUBORDINATING, EXISTING
<br />TRUST DEED TO NEW TRUST DEED
<br />2002093105
<br />Agreement made the 25 day of AUGUST 2002, between Danny J. Ediger and—c\�,
<br />Jacqualine L. Ediger, Husband and Wife, of #21 Lillian Ln., Doniphan, Hall County, State of
<br />Nebraska, herein referred to as tmstor, and The Equitable Building & Loan Association, a
<br />Federal Savings Bank, now known as EQUITABLE FEDERAL SAVINGS BANK OF GRAND
<br />ISLAND, of 113 N. Locust St., City of Grand Island, County of Hall, State of Nebraska, herein
<br />referred to as beneficiary.
<br />The parties recite and declare that:
<br />a. Truster executed a trust deed on October 19, 2000, in favor of beneficiary, which was
<br />recorded on October 26, 2000, in the office of the Register of Deeds, of Hall County, State of
<br />Nebraska, as Document No. 0200009271 covering the following described property (as defined
<br />in Neb. Rev. State. 76 -201) in Hall County, Nebraska.
<br />LOT TWENTY- ONE(22) AMICK ACRES EAST SUBDIVISION, HALL COUNTY, NEBRASKA
<br />b. The above mentioned trust deed was given as security for Loan, described in such
<br />trust deed, in the original amount of Ten Thousand and No /100 - -- ($10,000.00) Dollars, executed
<br />on October 19, 2000, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of One Hundred Sixteen Thousand and
<br />No/ 100 ($116,000.00) -- - - - - -- from Equitable Federal Savings Bank of Grand island, of 113N.
<br />Locust, City of Grand Island, County of Hall, State of Nebraska, herein referred to as lender, but
<br />lender requires that such loan be secured by a trust deed that will be prior to the trust deed in
<br />favor of beneficiary.
<br />d. Beneficiary is willing to subordinate the lien of the trust deeds in their favor insofar m
<br />it encumbers the above - described premises, to the trust deed made in favor of lender
<br />in order that trustor may obtain such loan from lender. Said Deed of Trust securing
<br />4 JoD2 o�dba -0n the
<br />lender's lien was recorded on S2 a6T at Document no. in the
<br />Office of the 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 />
|