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<br />88- 104131 <br /> <br />SUDORDINATION OF MORTGAGE <br /> <br />KNOW ALL MEN BY THESE PRESENTS, that <br /> <br />WHEREAS, GARY C. ROSENBACH and SUSAN J. ROSENBACH, herein- <br />after referred to as nMortgagors", did on the 28th day of <br />Acril , 1988, execute and deliver to First National Bank & Trust Company <br />Columbus, Nebraska' a mortgage upon certain real estate <br />located ~n Hall County, Nebraska, and legally described as: <br /> <br />LOT THIRTY TWO (32) REGENCY BY THE GREEN SUBDIVISION IN THE CITY <br />OF GRAND ISLAND, HALL COUNTY, NEBRASI<A <br /> <br />conditioned for and to secure the payment of the sum of SIXTY <br />TH~U~AND AND No!lOou-u--u_u______u____uu___u Dollars ($ 60,000.00 ), <br />wh~c mortgage was recorded 1n the Off~ce of the Reg~ster of <br />Deeds of Hall. County on the ...1lt..b- day of May , 19B.!!, as <br />Document No. 88-102428 <br /> <br />WHEREAS, Mortgagors, for the purpose, among other things, of <br />paying or securing certain debts, have agreed to execute and <br />deliver a mortgage upon the real estate to Home Federal Savings <br />and Loan Association of Grand Island conditioned for the payment <br />of the sum of ONE HUND~lD TWELVE THOUSAND AND NO! 100u---------_____________ <br />-----_u_______Dollars 112.000.00), to be a first mortgage upon <br />the premises 1 <br /> <br />NOW, THEREFORE, F R T T NAL BANK & TRUST COMPANY COLUMBUS <br />NFRR~SKA , in consi erat.~on 0 t e prem~ses an <br />rece1ved, the receipt and adequacy of which is hereby <br />acknowledged, does hereby bargain, consent, promise and agree to <br />and with Mortgagors, their heirs and assigns, that the mortgage <br />upon the premises thus to be executed by Mortgagors to Home <br />Federal Savings and Loan Association of Grand Island, for the <br />amount and interest above mentioned, shall at all times be a <br />prior mortgage and a prior lien upon the premises to the mortgage <br />of F.TR']T NATTnNAI RANK ~ TRIIST r:nMPANY. rm LJMBI IS. NERRASKA as above <br />descrl.bed. <br /> <br /> <br />... <br /> <br />IN WITNESS WHEREOF, the undersitsned has executed this <br />Subordination of Mortgage on this ~ day of ::5"Jll ' 1988. <br /> <br />FIRST NATIONAL 8ANK & TRUST COMPANY. <br />cnIIIMBIJS. NEBRASKA <br /> <br />.~a'_111~ <:;;It' <br />-1- <br /> <br />u <br />