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<br />200213664
<br />This instrument is made as of November Zjin 2002, by Five Points Bank ("Lienholder"), a corporation having its principal
<br />place of business at Grand Island, Nebraska.
<br />RECITALS
<br />A. Lienholder is the holder of the beneficial interest in a note secured by a deed of trust (the `Second Deed of Trust ") on the
<br />mortgaged property, dated April 4, 2000, executed by Brian K Rapp and Shelly L Rapp, Husband and Wife, and recorded on
<br />April 7, 2000, as Instrument No. 20110271 R in the office of the Register of Deeds of Hall County, Nebraska, and further described
<br />as follows (the "Mortgaged Property"):
<br />The Southerly 'fhirteen and Four Tenths Feet (S13.4') of Lot Nine (9) and the Northerly Fifty -Two and Eight Tenths Feet
<br />(N52.8') of Lot Ten (10), in Block Eleven (11), in West Park Addition to the City of Grand Island, hall County, Nebraska.
<br />B. The Second Deed of Trust held by Lienholder is junior and subordinate to a deed of trust (the "First Deed of Trust ") held by
<br />Major Mortgage, it's successors and /or assigns, on the Mortgaged Property. Brian K Rapp and Shelly L Rapp, Husband and
<br />Wife, the owners ( "Owner") of the Mortgaged Property desire to refinance the First Deed of Trust loan on the Mortgaged
<br />Property.
<br />For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Lienholder agrees as follows:
<br />1. The Second Deed of Trust held by Lienholder shall be subject and subordinate to a new deed of trust ( "New Deed of Trust")
<br />securing a loan originated by Major Mortgage, it's Successors and /or assigns, pertaining to the Mortgaged Property and securing
<br />a note dated oo or around November 22, 2002, in an ofig.nal principal amount no: to exceed Soventy Six Thousand Six Ilardred
<br />fifty Dollars ($76,650.00), bearing interest at a rate not to exceed Five and one -half percent (5.50%) per annum, and made
<br />primarily for the purpose of refinancing the First Deed of Trust loan. RecmAfS (dS boc 41 XOa - ),3W, 3
<br />2. Lienholder acknowledges that Major Mortgage, it's successors and /or assigns, is relying on this instrument in making the loan
<br />secured by the New Deed of Trust. Lienholder agrees that the New Deed of Trust shall have the same validity, priority, and
<br />effect as if executed, delivered and recorded prior to the date of the Second Deed of Trust provided, however, that nothing in this
<br />instrument shall in any way alter, change or modify the terms and conditions of the Second Deed of Trust, or in any way release
<br />or affect the validity or priority of the Second Deed of Trust, except as provided herein.
<br />Entered into this '—'< mob day of November, 2002.
<br />( "Lienholder ")
<br />Name. V --
<br />Title:
<br />STATE OF NEBRASKA
<br />COUNTY OF IIALL
<br />On this {,' ` day of November, 2002, before me a Notary Public, personally appeared
<br />to me personally known to be the l -. r, 0 L e, �_. _,.. of Five Points Bank,
<br />being by me duly sworn, Subscribed their name to the foregoing instrument as an off er of said corporation and acknowledged
<br />the execution of such instrument as the voluntary act and deed of said corporation.
<br />My Commission Expires: F 6 UNIAAL NOTARY. Slate M Netaulu �
<br />KA GOOSIC — - - -- - - - -
<br />my Comm. EV, May 1.200.1 Notary Public
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<br />SUBORDINATION
<br />OF DEED OF TRUST
<br />This instrument is made as of November Zjin 2002, by Five Points Bank ("Lienholder"), a corporation having its principal
<br />place of business at Grand Island, Nebraska.
<br />RECITALS
<br />A. Lienholder is the holder of the beneficial interest in a note secured by a deed of trust (the `Second Deed of Trust ") on the
<br />mortgaged property, dated April 4, 2000, executed by Brian K Rapp and Shelly L Rapp, Husband and Wife, and recorded on
<br />April 7, 2000, as Instrument No. 20110271 R in the office of the Register of Deeds of Hall County, Nebraska, and further described
<br />as follows (the "Mortgaged Property"):
<br />The Southerly 'fhirteen and Four Tenths Feet (S13.4') of Lot Nine (9) and the Northerly Fifty -Two and Eight Tenths Feet
<br />(N52.8') of Lot Ten (10), in Block Eleven (11), in West Park Addition to the City of Grand Island, hall County, Nebraska.
<br />B. The Second Deed of Trust held by Lienholder is junior and subordinate to a deed of trust (the "First Deed of Trust ") held by
<br />Major Mortgage, it's successors and /or assigns, on the Mortgaged Property. Brian K Rapp and Shelly L Rapp, Husband and
<br />Wife, the owners ( "Owner") of the Mortgaged Property desire to refinance the First Deed of Trust loan on the Mortgaged
<br />Property.
<br />For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Lienholder agrees as follows:
<br />1. The Second Deed of Trust held by Lienholder shall be subject and subordinate to a new deed of trust ( "New Deed of Trust")
<br />securing a loan originated by Major Mortgage, it's Successors and /or assigns, pertaining to the Mortgaged Property and securing
<br />a note dated oo or around November 22, 2002, in an ofig.nal principal amount no: to exceed Soventy Six Thousand Six Ilardred
<br />fifty Dollars ($76,650.00), bearing interest at a rate not to exceed Five and one -half percent (5.50%) per annum, and made
<br />primarily for the purpose of refinancing the First Deed of Trust loan. RecmAfS (dS boc 41 XOa - ),3W, 3
<br />2. Lienholder acknowledges that Major Mortgage, it's successors and /or assigns, is relying on this instrument in making the loan
<br />secured by the New Deed of Trust. Lienholder agrees that the New Deed of Trust shall have the same validity, priority, and
<br />effect as if executed, delivered and recorded prior to the date of the Second Deed of Trust provided, however, that nothing in this
<br />instrument shall in any way alter, change or modify the terms and conditions of the Second Deed of Trust, or in any way release
<br />or affect the validity or priority of the Second Deed of Trust, except as provided herein.
<br />Entered into this '—'< mob day of November, 2002.
<br />( "Lienholder ")
<br />Name. V --
<br />Title:
<br />STATE OF NEBRASKA
<br />COUNTY OF IIALL
<br />On this {,' ` day of November, 2002, before me a Notary Public, personally appeared
<br />to me personally known to be the l -. r, 0 L e, �_. _,.. of Five Points Bank,
<br />being by me duly sworn, Subscribed their name to the foregoing instrument as an off er of said corporation and acknowledged
<br />the execution of such instrument as the voluntary act and deed of said corporation.
<br />My Commission Expires: F 6 UNIAAL NOTARY. Slate M Netaulu �
<br />KA GOOSIC — - - -- - - - -
<br />my Comm. EV, May 1.200.1 Notary Public
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