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83000518
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Last modified
11/18/2008 12:31:13 AM
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11/18/2008 12:31:09 AM
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DEEDS
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83000518
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n <br />r <br /> <br />r~ AGREEMENT TO SU80RDINRTE LIEN <br />Agreement made`}-N ~~-~ 1983, between Janet 8atenhorst <br />n/k/e Janet Brandt, of Box 824, City of Columbus, County of Platte, <br />State of Nebraska, herein referred to as lienholder, and First Fed- <br />- eras Savings & Loan Association of Lincoln, its successors and assigns, <br />a banking corporation organized under the laws of the United States of <br />America, having its principal ^ffice at 1235 N Street, City of Lincoln, <br />County of Lancaster, State of Nebraska, herein referred to as lender. <br />_ The parties stipulate and recite that: <br />A. 8y reason of the child support lien of lienholder n/k/a <br />Janet Brandt, lienholder has alien pursuant to 3 42-371 Neb. Rev. <br />Stet, tReissue of 1978) on the following described property, to-wit: <br />Lot 20, Block 5, Valley View Subdivi- <br />Sion, City of Grand Island, Nebraska. <br />B. Owner desires to negotiate a loan from lender, and lien- <br />holder acknowledges that such loan is in her best business interest. <br />C. Lender is willing to loan money to ^wner if lienholder <br />will subordinate her present lien against the above-desoribed property <br />of owner. <br />For the reasons set forth above, and in consideration of the <br />mutual covenants and promises of the parties hereto, lienholder and <br />lender agree as follows: <br />The lien of lienholder against the above-desoribed property of <br />owner shall be subordinate to the claim of lender under a mortgage <br />executed by~owner, dated rfan ua,y 9r 1983, and recorded <br />Do txrr~ent "' <br />c7anuG.+7 3~ , 1983, in 83.oCC515+ page ^f the Hall <br />County Register of deeds ^ffice, State of Nebraska. <br /> <br /> <br />
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