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Sk. 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 />nortgaged property, dated December 26, 2001, executed by Christopher M Kolb and Kelly M Sailors -Kolb, Husband and Wife,
<br />uid recorded on January 2, 2002, as Document No. 200200026 in the office of the Register of Deeds of Hall County, Nebraska,
<br />tnd further described as follows (the "Mortgaged Property"):
<br />Llot Two (2), in Block Three (3), Olde Mill Subdivision, in the City of Grand .Island, Hall County, Nebraska
<br />3_ 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. Christopher M Kolb and Kelly M Sailors -Kolb, the
<br />Downers ( "Owner") of the Mortgaged Property desire to refinance the First Deed of Trust loan on the Mortgaged 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 />3t note dated on or around August 18, 2003, in an original principal amount not to exceed Eighty Three Thousand Five Hundred
<br />Dollars ($83,500.00), bearing interest at a rate not to exceed Four and Seventh-eighths percent (4.875 %) er annum, and made
<br />primarily for the purpose of refinancing the First Deed of Trust loan. f ` -t S aw~ f Y,;�v00 / f / 1
<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 �t~day of August, 2003.
<br />( "Lie older ") :oteo�wr�- 1
<br />By:
<br />Name: /1 Yl !� , �1 �Q ►rtS Rci �j /, n c7 SEAS
<br />Title. U YC�oV f 1 i rtC c�qP
<br />`� 1 YY14 n G c� r �/
<br />STATE OF NEBRASKA
<br />COUNTY OF
<br />On this R0 day of August, 2003, before me a Notary Public, personally appeared / N IyIa,, 4A S 1POSIA1 O
<br />, to me personally known to be the AVaM4*#of—of Centris Federal
<br />Credit Union, by me duly sworn, subscribed their name to the foregoing instrument as an officer of said corporation and
<br />acknowledged the execution of such instrument as the voluntary act aZT de said corporation.
<br />My Commission Expires:
<br />Notary Public
<br />�tNO�aar•aa+ea
<br />LX UMLl
<br />o�ll. 4 Anit2W
<br />08/19/03
<br />TUE 10:09 FAX 1308 389 4644
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<br />SUBORDINATION OF DEED OF TRUST
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<br />''his
<br />instrument is
<br />made as of August o10 , 2003,
<br />by Centris Federal Credit Union, ( "Lienholder "), a corporation having
<br />its
<br />)rincipal place of business at Omaha, Nebraska.
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<br />RECITALS
<br />200311166
<br />�
<br />Sk. 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 />nortgaged property, dated December 26, 2001, executed by Christopher M Kolb and Kelly M Sailors -Kolb, Husband and Wife,
<br />uid recorded on January 2, 2002, as Document No. 200200026 in the office of the Register of Deeds of Hall County, Nebraska,
<br />tnd further described as follows (the "Mortgaged Property"):
<br />Llot Two (2), in Block Three (3), Olde Mill Subdivision, in the City of Grand .Island, Hall County, Nebraska
<br />3_ 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. Christopher M Kolb and Kelly M Sailors -Kolb, the
<br />Downers ( "Owner") of the Mortgaged Property desire to refinance the First Deed of Trust loan on the Mortgaged 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 />3t note dated on or around August 18, 2003, in an original principal amount not to exceed Eighty Three Thousand Five Hundred
<br />Dollars ($83,500.00), bearing interest at a rate not to exceed Four and Seventh-eighths percent (4.875 %) er annum, and made
<br />primarily for the purpose of refinancing the First Deed of Trust loan. f ` -t S aw~ f Y,;�v00 / f / 1
<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 �t~day of August, 2003.
<br />( "Lie older ") :oteo�wr�- 1
<br />By:
<br />Name: /1 Yl !� , �1 �Q ►rtS Rci �j /, n c7 SEAS
<br />Title. U YC�oV f 1 i rtC c�qP
<br />`� 1 YY14 n G c� r �/
<br />STATE OF NEBRASKA
<br />COUNTY OF
<br />On this R0 day of August, 2003, before me a Notary Public, personally appeared / N IyIa,, 4A S 1POSIA1 O
<br />, to me personally known to be the AVaM4*#of—of Centris Federal
<br />Credit Union, by me duly sworn, subscribed their name to the foregoing instrument as an officer of said corporation and
<br />acknowledged the execution of such instrument as the voluntary act aZT de said corporation.
<br />My Commission Expires:
<br />Notary Public
<br />�tNO�aar•aa+ea
<br />LX UMLl
<br />o�ll. 4 Anit2W
<br />
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