Laserfiche WebLink
SECTION ONE 2002126j'9 <br />SUBORDINATION <br />As an inducement to lender to grant such loan to trustor, beneficiary and trustor hereby <br />subordinate the above - described trust deed of August 1, 2002, in favor of beneficiary, to the trust <br />deed in favor of lender that is being recorded with this agreement. Beneficiary and trustor further <br />agree that the lien of the trust deed in favor of lender shall be and is in all respects a lien prior <br />and superior to the lien of the trust deed in favor of beneficiary. <br />SECTION TWO <br />APPROVAL OF LOAN TERMS <br />The terms of the loan from lender to trustor are as follows: <br />Loan Amount: $74,600.00 <br />Term: 180 MONTHS <br />Initial Rate: 6.000% <br />Beneficiary hereby approves all the terms of such loan. <br />SECTION THREE <br />INUREMENT; BINDING EFFECT <br />This agreement shall inure to the benefit of lender, its successors and assigns, and shall be <br />binding on beneficiary and trustor and their respective successors and assigns. <br />In witness whereof, the parties have executed this agreement at Grand Island, Nebraska <br />on IJ 0V 1E 1- Q r K r , 2002. <br />(Beneficiary and Trustee) <br />Heritage Bank <br />Organized and existing under the laws of the State <br />of Nebraska <br />1333 North Webb Road <br />Grand Island, NE 68802 <br />47- 0098350 <br />By <br />Thomas J. Corkl , ice President <br />Trustee and Beneficiary <br />State of NEBRASKA ) <br />SS. <br />County of HALL ) <br />The foregoing instrument was acknowledged this 3!—k day of '2002, <br />by Thomas J. Corkle, Vice President, of Heritage Bank. <br />IWALfGENERAL NOTARY - State of Nebraska <br />t JACQUELYN J. POLLOCK <br />My Comm. Exp. July 19, 2005 — 09 <br />No ry P blic <br />