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200213106
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<br />SUBORDINATION AGREEMENT
<br />KNOW ALL MEN BY THESE PRESENTS:
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<br />200213106
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<br />SUBORDINATION AGREEMENT
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />WHEREAS, under date of July 25, 2001, John D. Folsom and Sallie Stark Folsom, Husband and
<br />Wife, as Joint Tenants executed a Deed of Trust to Gateway Community Bank , a division of NFSB on the
<br />following described real estate to wit:
<br />Lot Eight (8), Block Eleven (11), Kemohan & Decker's Addition
<br />To the City of Grand Island, in Hall County, Nebraska.
<br />Which Deed of Trust was in the original amount of 127,500.00 and was recorded August 1, 2001
<br />in Instrument 0200107578 of the mortgage records of Hall County, Nebraska and
<br />WHEREAS, John D. Folsom and Sallie Stark Folsom, Husband and Wife as Joint Tenants have secured a
<br />loan not exceeding $100,000.00 from IAjd $61(3A( which loan is secured by a Deed of Trust on the
<br />above described real estate and, l'.S. Bank National Association ND
<br />Recorded as Document No. r2coJ —J310-5
<br />WHEREAS, Gateway Community Bank, division of NFSB desires to subordinate the Deed of
<br />Trust mentioned above to the Deed ofVl6jA&fbW1 U.S. Bank National Association ND.
<br />NOW THEREFORE, in consideration of the premises and the making of the loan byU.S. Bank IRatio4al,
<br />f y*/lrN4t;k aforesaid, and for other valuable consideration, the undersigned does hereby subordinate its sociat ion ND
<br />S. Bank �_Fft/§ti(r/g4W.. hereinabove referred to, to the Deed of Trust in favor of Y,gAf,7tjV,2 on the above
<br />ttional described real estate, dated November 20th ,2002. U.S. Batik National Association ND
<br />sociation ND
<br />GATEWAY COMMUNITY BANK
<br />Div, of Northwest Federal Savings Bank
<br />Date: August 30, 2002
<br />B . -F1etNr
<br />John F. Yothof, resi eat
<br />State of Nebraska )
<br />) ss.
<br />County of Douglas )
<br />On this 30ih day of August 2002, before me, the undersigned, a Notary Public, personally came
<br />John E. Harbor,, of Gateway Community Bank, Division of NFSB, and to me known to be the President of
<br />Gateway Community Bank, Division of NFSB and acknowledge the execution of the foregoing instrument
<br />to be his voluntary act and deed as such officer and the voluntary act and deed of said.
<br />CzA, k-
<br />Notary Public
<br />aGI[ApLpMMxjM 0N"W
<br />Return to SUSAN K. SCANLAN
<br />Gateway Community Bank MY(-- ran Aq r6, 2003
<br />14320 Arbor Street
<br />Omaha, NE 68144
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<br />WHEREAS, under date of July 25, 2001, John D. Folsom and Sallie Stark Folsom, Husband and
<br />Wife, as Joint Tenants executed a Deed of Trust to Gateway Community Bank , a division of NFSB on the
<br />following described real estate to wit:
<br />Lot Eight (8), Block Eleven (11), Kemohan & Decker's Addition
<br />To the City of Grand Island, in Hall County, Nebraska.
<br />Which Deed of Trust was in the original amount of 127,500.00 and was recorded August 1, 2001
<br />in Instrument 0200107578 of the mortgage records of Hall County, Nebraska and
<br />WHEREAS, John D. Folsom and Sallie Stark Folsom, Husband and Wife as Joint Tenants have secured a
<br />loan not exceeding $100,000.00 from IAjd $61(3A( which loan is secured by a Deed of Trust on the
<br />above described real estate and, l'.S. Bank National Association ND
<br />Recorded as Document No. r2coJ —J310-5
<br />WHEREAS, Gateway Community Bank, division of NFSB desires to subordinate the Deed of
<br />Trust mentioned above to the Deed ofVl6jA&fbW1 U.S. Bank National Association ND.
<br />NOW THEREFORE, in consideration of the premises and the making of the loan byU.S. Bank IRatio4al,
<br />f y*/lrN4t;k aforesaid, and for other valuable consideration, the undersigned does hereby subordinate its sociat ion ND
<br />S. Bank �_Fft/§ti(r/g4W.. hereinabove referred to, to the Deed of Trust in favor of Y,gAf,7tjV,2 on the above
<br />ttional described real estate, dated November 20th ,2002. U.S. Batik National Association ND
<br />sociation ND
<br />GATEWAY COMMUNITY BANK
<br />Div, of Northwest Federal Savings Bank
<br />Date: August 30, 2002
<br />B . -F1etNr
<br />John F. Yothof, resi eat
<br />State of Nebraska )
<br />) ss.
<br />County of Douglas )
<br />On this 30ih day of August 2002, before me, the undersigned, a Notary Public, personally came
<br />John E. Harbor,, of Gateway Community Bank, Division of NFSB, and to me known to be the President of
<br />Gateway Community Bank, Division of NFSB and acknowledge the execution of the foregoing instrument
<br />to be his voluntary act and deed as such officer and the voluntary act and deed of said.
<br />CzA, k-
<br />Notary Public
<br />aGI[ApLpMMxjM 0N"W
<br />Return to SUSAN K. SCANLAN
<br />Gateway Community Bank MY(-- ran Aq r6, 2003
<br />14320 Arbor Street
<br />Omaha, NE 68144
<br />
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