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-_ - - - 86- 104718 <br />- <br />SUBORDINATION OF MORTGAGE <br />KNOW ALL MEN BY THESE PRESENTS, that <br />W#IMAS, ARNOLD J. PLACKE, hereinafter referred to as <br />"Mortgagor ", did execute and deliver to LARRY J. PLACRE a mortgage <br />upon certain real estate located in mall County, Nebraska, and <br />legally 'described as: <br />A tract of land comprising a part of the <br />s <br />s <br />Northeast Quarter of the Northeast Quarter <br />MEMO of Section Twenty -one (21) , Township <br />� <br />Eleven (11) North, Range Wine (9), West of <br />the 6th P.M., in the City of Grand Island, <br />Hall County, Nebraska, more particularly <br />described as follows:. First, to ascertain, <br />the point of beginning, start at the inter- <br />section of the Westerly line of Elm Street <br />with the Southerly line of Anna Street; <br />thence running Southwesterly along the <br />Southerly line of Anna Street a distance of <br />Three hundred Thirty -Four (334.0) feet to the <br />ACTUAL point of beginning; also being a point <br />on the nest line of Cleburn Street as con- <br />demned by City Ordinance No. 1591 dated <br />February 2, 1938; thence continuing along the.: <br />` <br />Southerly line of Anna Street a distance of <br />Eighty -Five and Four Tenths (85.4) Feet, <br />thence running Southeasterly parallel'to the <br />Westerly line of Elim Street a distance of One <br />Hundred Forty (140.0) feet,- thence running <br />Northeasterly parallel to the Southerly line <br />of Anna Street a distance of Eighty -Five and <br />Four Tenths (85.4) feet to a point on. the <br />westerly line of Cleburn Street; thence <br />running Northwesterly along the Westerly line <br />of Cleburn- Street a distance of One Hundred <br />Forty (140.0) feet to the point of beginning; <br />conditioned for and to secure the payment of Ninety Thousand Four <br />Hundred Sixty -Oise and too /100 Dollars ( ;9#!,4.61:00), which mortgage <br />Was recorded is the Office of the Register of Deeds of Hall <br />County, Nebraska, as Document No. 79-- 002290; <br />WHEREAS, Larry J. Placke assigned a one -half (ill) ,interest <br />in said mortgage to Kay L. Pl:acke by a Partial Assignment of <br />Mortgage,_ which: is recorded as Document No. - 79- 006363 , in _ the <br />records of, the lister of Deeds of Hall County, Nebraska, <br />WHEREAS, Mortgagor, for the purpose, among other things, of <br />paying or securing certain debts, has agreed to execute and <br />