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200314337
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Last modified
10/16/2011 8:32:53 AM
Creation date
10/28/2005 4:07:18 PM
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DEEDS
Inst Number
200314337
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0 <br />L <br />b <br />n <br />M <br />R <br />200314337 <br />M <br />M <br />n <br />c <br />Z <br />N N <br />2 <br />n n <br />m`�, <br />n z <br />T Xj <br />d <br />M <br />a <br />I <br />N <br />Ca <br />-ro <br />W <br />UNILATERAL SUBORDINATION OF DEED OF TRUST <br />c n <br />rn <br />� o <br />O -*t <br />� Z <br />S fTl <br />A <br />r _X <br />r A <br />x <br />n <br />�! 1 <br />Whereas, Lee W Schuppan and Misty D Schuppan, husband and wife, by their deed of trust dated November 23, 1998 and <br />recorded in the office of the Register of Deeds for Hall County, Nebraska, as Instrument Number 98- 112233 did convey unto <br />City National Bank and Trust Company, as Beneficiary, certain premises in Hall County, Nebraska, described as: <br />LOT ONE (1), SCHUPPAN FARMS SUBDIVISION, HALL COUNTY, NEBRASKA <br />to secure their note for $5,000.00 with interest payable as therein provided; and <br />Whereas, the said Lee W Schuppan and Misty D Schuppan, husband and wife by their deed of trust dated August 1, 2003, <br />and recorded in said Register of Deeds office on August 7, 2003, as Instrument Number 200310331, did convey unto Central <br />National Bank, as trustee, the said premises to secure payment of their note in an aggregate sum not to exceed Eighty -four <br />Thousand and no /100 Dollars ($84,000.00) with interest, payable as therein provided; and <br />Whereas, the notes secured by the trust deed first described are held by Heritage Bank formerly known as City National <br />Bank and Trust Company as sole owner and not as agent for collection, pledge or in trust for any person, firm or corporation; <br />and <br />Whereas, said owner wishes to subordinate the lien of the trust deed first described to the lien of the trust deed, in Book as <br />Instrument Number 200310331, secondly described; <br />Now, therefore, in consideration of the premises and of the sum of one dollar to Heritage Bank formerly known as City <br />National Bank and Trust Company in hand paid, the said Heritage Bank formerly known as City National Bank and Trust <br />Company, as Beneficiary does hereby covenant and agree with the said Central National Bank as trustee, for the use and <br />benefit of the legal holder of the notes secured by said trust deed secondly herein described that the lien of the notes owned by <br />said Heritage Bank formerly known as City National Bank and Trust Company and of the trust deed securing the same shall be <br />and remain at all times a second lien upon the premises thereby conveyed subject to the lien of the trust deed to said Central <br />National Bank as aforesaid for all advances made or to be made on the notes secured by said last named trust deed and for all <br />other purposes specified therein, and said Heritage Bank formerly known as City National Bank and Trust Company, as <br />Beneficiary does hereby acknowledge that the recording information on the trust deed secondly described will be inserted after <br />the execution of this document and that action is ratified. <br />Witness the hand and seal of said Heritage Bank formerly known as City National Bank and Trust Company this <br />_2_1�_ day of OC -66gt/ 12003. <br />Heritage Bank formerly known as City Nation Bank and Trust Company, Beneficiary <br />by <br />- <br />name and title Greg Ellenwood, Relationship Mgr /Real Estate Loans �����AGE <br />0R9�� <br />attest by <br />�o�p <br />print name and title 144-70!f (SEAL) y <br />'9s SEA <br />STATE OF NEBRASKA ) /NHS tit�� <br />)SS <br />COUNTY OF ADAMS ) <br />The foregoing instrument was acknowledged before me this _;L3_ day of ©C 6&- , 2003 by Greg <br />Ellenwood as Relationship Mgr /Real Estate Loans of Heritage Bank formerly known as City National Bank and Trust <br />Company, on behalf of said bank as Beneficiary and Trustee. <br />GENERA!. NOTARY - State of Nebraska - <br />BMW BARNETT <br />otary Public I MpCWml F*.Fsk25,2007 <br />(SEAL) <br />My commission expires o2 - 0 -7 <br />0 <br />N <br />0 <br />0 <br />W <br />s <br />W <br />W <br />�J <br />m <br />m <br />Cwt) <br />fl. <br />2 <br />CD <br />Z <br />O <br />
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