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<br />1'0 <br />\Sl <br />\Sl <br />-...J <br />\Sl <br />-...J <br />co <br />co <br />c..n <br /> <br />~ r1'1" <br />= O(j) t <br /><:::> p <br />-..:lI (:) -1 <br />en c:> N <br />:z: ....... <br />,.., -1m <:::) <br />--0 -<0 Gr <br />f'-4 Q"'TJ <:::) <br />N -.:\:z: -.J - <br /> :r rt1 I <br />:D ):>> ro c:> <br />:3 r ;:0 -..J <br />r~ <br />f.--" (f) CO <br />f'-4 X <br /> )> CO <br />f'-4 .............,............. <br />CO Cfl U1 f <br /> en <br /> <br /> ~ n E <br /> m ::J: <br /> .." m <br /> c: n ::I <br />n Z '" <br />:x n c <br />m ~ ~ <br />n <br />'" :E: <br /> <br />~ <br />~~,~ <br />o~ <br />-"1 <br />~ t~.', <br /> <br />(n <br /> <br />" <br />O' <br /> <br />KtrcY\v <br /> <br />When recorded return to: <br />First American Title Insurance Co <br />lenders Advantage ., <br />1100 Superior Avenue, Suite 200 <br />Cleveland, Ohio 44114 <br />ATTN: NATIONAL RECORDINGS <br /> <br />- - <br />SUBORDINA nON AGREEMENT <br /> <br />NOTICE; THIS SUBORDINA nON AGREEMENT RESULTS IN YOUR SECURITY <br />INTEREST IN THE PROPERTY BECOMING SUBJECT TO AND OF LOWER <br />PRIORITY THAN THE LIEN OF SOME OTHER OR LATER SECUIRTY <br />INSTRUMENT. <br /> <br />THIS AGREEMENT, made this 14th day of August, 2007, by Deborrah Jemme <br />Scroggin (n/k/a Oeborrah Jeanne Krugman), a single person, owners of the land <br />hereinafter described and hereinafter referred to as "Owner", and Equitable Building and <br />Loan Association, present owner and holder of the Deed of Trust and Note first and <br />hereinafter described and hereinafter referred to as "Beneficiary". <br /> <br />WITNESSETH: <br /> <br />THAT, WHEREAS, Deborrah Jeanne Scroggin, a single person, DID EXECUTE <br />a Deed of Trust dated June 29t\ 1994 to the City of Grand Island, covering: <br /> <br />Lot 6, Block 4, Original Town, Grand Island, Hall County, Nebraska <br /> <br />To secure a Note in the sum of $20,000.00 dated June 29, 1994 in favor of the City of <br />Grand Island, which Deed of Trust was recorded June 30, 1994 as Document No. 94- <br />105664 in the Official Register of Deeds Office of Hall County (remaining amount owed <br />as of August 14, 2007 is $20,000.00); and <br /> <br />WHEREAS, Owner has executed, or are about to execute, a Deed of Trust and <br />Note in the sum of $28,000.00 dated August 16, 2007 in favor of Advance Financial <br />Services, hereinafter referred to as "Beneficiary" payable with interest and upon the <br />terms and conditions described therein, which Deed of Trust is to be recorded <br />concurrently herewith; and <br /> <br />IT IS RECOMMENDED THAT, PRIOR TO THE EXECUTION OF THIS <br />SUBORDINA nON AGREEMENT, THE PARTIES CONSULT WITH THEIR <br />ATTORNEYS WITH RESPECT THERETO. <br /> <br />WHEREAS, it is a condition precedent to obtaining said loan that said Deed of <br />Trust last above mentioned shall unconditionally be and remain at all times a lien or <br />charge upon the land hereinbefore described, prior and superior to the lien or charge of <br />the Deed of Trust first above mentioned; and <br /> <br />WHEREAS, Beneficiary is willing to make said loan, provided the Deed of Trust <br />securing the same is a lien or charge upon the above-described property prior and <br />superior to the lien or charge of the Deed of Trust first above mentioned and provided <br />that Beneficiary will specifically and unconditionally subordinate the lien or charge of the <br />Deed of Trust first above mentioned to the lien or charge of the Deed of Trust in favor of <br />Beneficiary; and <br /> <br />WHEREAS, it is to the mutual benefit ofthe parties hereto that Beneficiary make <br />such loan to Owners; and Beneficiary is willing that the Deed of Trust securing the same <br /> <br />/5,50 <br />