|
_
<br />7v
<br />= r..
<br />M
<br />n
<br />c
<br />o� -�
<br />ZDI
<br />;1
<br />7
<br />CJ
<br />;-•
<br />n
<br />D
<br />< O
<br />ci.
<br />p
<br />°
<br />�
<br />Cn
<br />tsi
<br />W
<br />w
<br />C
<br />!-" M
<br />N
<br />rn
<br />c�
<br />cn
<br />r ;:0
<br />r D
<br />CO
<br />N
<br />>�
<br />A
<br />= r..
<br />o� -�
<br />ZDI
<br />oM
<br />N
<br />0
<br />m
<br />< O
<br />ci.
<br />p
<br />°
<br />�
<br />Cn
<br />z
<br />W
<br />!-" M
<br />N
<br />rn
<br />c�
<br />cn
<br />r ;:0
<br />r D
<br />CO
<br />N
<br />>�
<br />N
<br />x
<br />W
<br />n
<br />C:) m
<br />W
<br />��
<br />N
<br />(n
<br />CO r-"
<br />Z
<br />0
<br />UNILATERAL SUBORDINATION OF DEED OF TRUST
<br />Whereas, Timothy R. Arends and Mary C. Arends, husband and wife, by their deed of trust dated May 14, 2001 and
<br />recorded in the office of the Register of Deeds for Hall County, Nebraska, as Instrument Number 200104821 Equitable
<br />Building & Loan Association, FSB, as Beneficiary, certain premises in Hall County, Nebraska, described as:
<br />SEE ATTACHED EXHIBIT "A"
<br />to secure their note with interest payable as therein provided; and
<br />Whereas, the said timothy R. Arends and Mary C. Arends, husband and wife by their deed of trust dated
<br />September 19, 2003, and recorded in said Register of Deeds office on —3a -) 3
<br />2003 as Instrument Number a053-1 2 7 6 , did convey unto Centr I National Bank, as
<br />trustee, the said premises to secure payment of their note in an aggregate sum not to exceed ONE HUNDRED THIRTY
<br />THOUSAND FIVE HUNDRED AND 00 /100 DOLLARS ($130,500.00) with interest, payable as therein provided;
<br />,end
<br />Whereas, the notes secured by the trust deed first described are held by Equitable Building & Loan Association, FSB as
<br />sole owner and not as agent for collection, pledge or in trust for any person, firm or corporation; and
<br />Whereas, said owner wishes to subordinate the lien of the trust deed first described to the lien of the trust deed recorded as
<br />Instrument Number 200104821 filed 523-01 - , secondly described;
<br />Now, therefore, in consideration of the premises and of the sum of one dollar to Equitable Building & Loan Association,
<br />FSB in hand paid, the said Equitable Building & Loan Association, FSB, as Beneficiary does hereby covenant and agree with
<br />the said Central National Bank as trustee, for the use and benefit of the legal holder of the notes secured by said trust deed
<br />secondly herein described that the lien of the notes owned by said Equitable Building & Loan Association, FSB and of the
<br />trust deed securing the same shall be and renhain at ail times a second lien upon the premises thereby conveyed subject to the
<br />lien of the trust deed to said Central National Bank as aforesaid for all advances made or to be made on the notes secured by
<br />said last named trust deed and for all other purposes specified therein, and said Equitable Building & Loan Association, FSB,
<br />as Beneficiary does hereby acknowledge that the recording information on the trust deed secondly described will be inserted
<br />after the execution of this document and that action is ratified.
<br />Witness the hand and seal of said Equitable Building & Loan Association, FSB this
<br />1-4 ua �, a 2003.
<br />Loan Associpoon, FSB, Beneficiary
<br />print name and title Toc Ll0 b1 ny
<br />attest by
<br />print name and title
<br />STATE OF NEBRASKA )
<br />)SS
<br />COUNTY OF
<br />12 72\
<br />day of
<br />�a �,4�
<br />m•
<br />S
<br />The f re going instrument was acknowledged before me this t a- day of yea t 12003
<br />by u as V
<br />of Equi able Building & Loan AssociatUln, FSB, on behalf of said bank as Beneficiary.
<br />cl vim,
<br />Notary Public
<br />(SEAL)
<br />My commission expires -3 - C>5
<br />GENERAL NOTARY -State of Nebraska
<br />II CINDY SCHEER
<br />J' My Comm. Exp. Jan. 31, 2005
<br />
|