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B. The Second Deed of Trust held by Lienholder is junior and subordinate to a deed of Trust (the "First Deed of Trout") held by
<br />Major Mortgage, it's successors and/or assigns, on the Mortgaged Property. Amy L Otto and Brandon S Otto, the
<br />( "Ownef') of tire 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 Dead 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 on or around October 24, 2003, in an original principal amount not to exceed Ninety Four thousand Fifty Dollars
<br />($94,050.00), bearing interest at a rate not to exceed Six percent (6.0000%) per annum, and made primarily for the purpose of
<br />refinancing the First Deed of Trust loan.
<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 dS rCtlay of Octobeq 2003.
<br />C", C''4 ,tJ4I l�
<br />( "Lienholder ") y ��s ,
<br />Name: nh U%r �f is vr.9 %yi �mD la srn /�
<br />Tide (�Yc4eYu)v` i.-� ffVY 1-r0 �e'✓
<br />STATE OF NEBRASKA
<br />COUNTY OF 1� 6 t-A S
<br />On this a3 day of October, 2003, before me a Notary Public, personally appeared /4liju W I LL L¢M S
<br />tome personally known to bathe UAa epWi11 AN( PM'AotsM of Cemrs 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 and deed of said corporation.
<br />�BWM OYDE6 N°�
<br />My Commission Expires W6ama.EKP 10. YON
<br />Notary Public
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<br />OF DEED OF TRUST cNi
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<br />SUBORDINATION N
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<br />is Federal Credit Union ( "Lholder "), a corporation having -is
<br />This instrument is made as of October,2 l , 2003, by Cenv ien
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<br />of business at Omaha, Nebraska.
<br />principal place
<br />RECITALS
<br />A. Lienholder is the holder of the beneficial interest in a time secured by a deed of trust (the "Second Deed of Trust ") on the
<br />W ife e on
<br />mortgaged property, dated October 13, 2001, executed by Amy L Otto and Brandon S Otto, end Nebraska, and further
<br />Hall County,
<br />October 19, 2001, as Document No. 2001.10620 in the office of the Register of Deeds of
<br />described as follows (the "Mortgaged Property"):
<br />Lot Four (4) in Block Four (4) in Pleasant View 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 Trout") held by
<br />Major Mortgage, it's successors and/or assigns, on the Mortgaged Property. Amy L Otto and Brandon S Otto, the
<br />( "Ownef') of tire 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 Dead 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 on or around October 24, 2003, in an original principal amount not to exceed Ninety Four thousand Fifty Dollars
<br />($94,050.00), bearing interest at a rate not to exceed Six percent (6.0000%) per annum, and made primarily for the purpose of
<br />refinancing the First Deed of Trust loan.
<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 dS rCtlay of Octobeq 2003.
<br />C", C''4 ,tJ4I l�
<br />( "Lienholder ") y ��s ,
<br />Name: nh U%r �f is vr.9 %yi �mD la srn /�
<br />Tide (�Yc4eYu)v` i.-� ffVY 1-r0 �e'✓
<br />STATE OF NEBRASKA
<br />COUNTY OF 1� 6 t-A S
<br />On this a3 day of October, 2003, before me a Notary Public, personally appeared /4liju W I LL L¢M S
<br />tome personally known to bathe UAa epWi11 AN( PM'AotsM of Cemrs 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 and deed of said corporation.
<br />�BWM OYDE6 N°�
<br />My Commission Expires W6ama.EKP 10. YON
<br />Notary Public
<br />
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