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Space Above flits Line for Recording Data
<br />This instrument was prepared by Emily Silberman, Post Closing Auditor 11, Principal Bank, P.O. Box 9351, Des Moines, Iowa
<br />50306 -9467, Phone No 515 - 235 -1071
<br />When recorded return to: Principal Bank, P.O. Box 9351, Des Moines, Iowa 50306 -9467
<br />SUBORDINATION OF LIEN
<br />WHEREAS, Principal Bank is the owner and holder of a deed of trust dated January 16, 2001 and recorded
<br />February-t, 001, Book -- , Page and as Instrument Number 0200100762 and herein referred to as "Existing Deed of
<br />Trust" nn the following described property:
<br />THE FOLLOWING DESCRIBED REAL PROPER'L'Y IN HALL COUNTY, NEBRASKA: LOT FIVE (5), BLOCK TWO
<br />(2), BRENTWOOD SECOND SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />SUBJECT TO RESTRICTIONS, RESERVATIONS, EASEMENTS, COVENANTS, OIL, GAS OR MINERAL RIGHTS OF
<br />RECORD, IF ANY.
<br />Property Address: 2416 Sothman Drive, Grand Island, NE 68801
<br />WHEREAS, James A. Roberg, husband, and Jan M. Roberg, wife, as owners of said property desires to refinance the first lien
<br />on said property;
<br />WHEREAS, it is necessary that the new lien to United Nebraska Bank, its successors and/or assigns which secures a note in
<br />the amnuntof One Hundred Ten Thousand and no /100 Dollars ($11000000) hereinafter referred to as "New Deed or
<br />Trust ", be a first lien on the premises in question;
<br />WHEREAS, Principal Bank is willing to subordinate the lien of the "Existing Deed of Trust" to the lien of the `New
<br />Deed of'1'rust "; recorded as Document No. 200210093.
<br />NOW THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt of which is
<br />hereby acknowledged, Principal Bank hereby subordinates the lien of its "Existing Deed of Trust" to the lien of the
<br />"New Deed of Trust ", so that the "New Deed of Trust" will be prior in all respects and with regard to all funds advanced
<br />thereunder to the lien of die "Existing Decd or Trust ".
<br />IN WITNESS WHEREOF, die said Principal Bank __. has executed this Subordination of Lien this 25th day
<br />of September 2002.
<br />BY! YNp Ty1s..1 -3',
<br />Kathy Layon
<br />Senior Manager — Retail Lending
<br />STA'1'EOFIOWA )
<br />) ss
<br />COUNTY OFPOLK)
<br />On this 25th day of September 2002 before me, a Notary Public in the star: or Iowa, personally appeared Kathy Layton
<br />to me personally known, who being by me duly sworn or affirmed did say that that person is Senior Manager — Retail
<br />Lending of said corporation and that said instrument was signed on behalf of the said corporation by the said Kathy Layton ,
<br />who acknowledged the execution of said instrument to be the voluntary act and deed of said corporation by it voluntary
<br />executed
<br />My commission expires:
<br />EMILY B. SIBOUNMA (Public)
<br />CpnMWpn Nunnxn 7131M
<br />My f:mm k,n Expires
<br />Ocbber 17, 2006
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<br />Space Above flits Line for Recording Data
<br />This instrument was prepared by Emily Silberman, Post Closing Auditor 11, Principal Bank, P.O. Box 9351, Des Moines, Iowa
<br />50306 -9467, Phone No 515 - 235 -1071
<br />When recorded return to: Principal Bank, P.O. Box 9351, Des Moines, Iowa 50306 -9467
<br />SUBORDINATION OF LIEN
<br />WHEREAS, Principal Bank is the owner and holder of a deed of trust dated January 16, 2001 and recorded
<br />February-t, 001, Book -- , Page and as Instrument Number 0200100762 and herein referred to as "Existing Deed of
<br />Trust" nn the following described property:
<br />THE FOLLOWING DESCRIBED REAL PROPER'L'Y IN HALL COUNTY, NEBRASKA: LOT FIVE (5), BLOCK TWO
<br />(2), BRENTWOOD SECOND SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />SUBJECT TO RESTRICTIONS, RESERVATIONS, EASEMENTS, COVENANTS, OIL, GAS OR MINERAL RIGHTS OF
<br />RECORD, IF ANY.
<br />Property Address: 2416 Sothman Drive, Grand Island, NE 68801
<br />WHEREAS, James A. Roberg, husband, and Jan M. Roberg, wife, as owners of said property desires to refinance the first lien
<br />on said property;
<br />WHEREAS, it is necessary that the new lien to United Nebraska Bank, its successors and/or assigns which secures a note in
<br />the amnuntof One Hundred Ten Thousand and no /100 Dollars ($11000000) hereinafter referred to as "New Deed or
<br />Trust ", be a first lien on the premises in question;
<br />WHEREAS, Principal Bank is willing to subordinate the lien of the "Existing Deed of Trust" to the lien of the `New
<br />Deed of'1'rust "; recorded as Document No. 200210093.
<br />NOW THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt of which is
<br />hereby acknowledged, Principal Bank hereby subordinates the lien of its "Existing Deed of Trust" to the lien of the
<br />"New Deed of Trust ", so that the "New Deed of Trust" will be prior in all respects and with regard to all funds advanced
<br />thereunder to the lien of die "Existing Decd or Trust ".
<br />IN WITNESS WHEREOF, die said Principal Bank __. has executed this Subordination of Lien this 25th day
<br />of September 2002.
<br />BY! YNp Ty1s..1 -3',
<br />Kathy Layon
<br />Senior Manager — Retail Lending
<br />STA'1'EOFIOWA )
<br />) ss
<br />COUNTY OFPOLK)
<br />On this 25th day of September 2002 before me, a Notary Public in the star: or Iowa, personally appeared Kathy Layton
<br />to me personally known, who being by me duly sworn or affirmed did say that that person is Senior Manager — Retail
<br />Lending of said corporation and that said instrument was signed on behalf of the said corporation by the said Kathy Layton ,
<br />who acknowledged the execution of said instrument to be the voluntary act and deed of said corporation by it voluntary
<br />executed
<br />My commission expires:
<br />EMILY B. SIBOUNMA (Public)
<br />CpnMWpn Nunnxn 7131M
<br />My f:mm k,n Expires
<br />Ocbber 17, 2006
<br />
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