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200904335
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Last modified
6/2/2009 4:36:05 PM
Creation date
6/2/2009 4:36:05 PM
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DEEDS
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200904335
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--^ ~ n Y, <br /> _ ~~ <br />.,~ ~ m ca' ~ .~ a <br />^..~ ~ n ~; <br /> <br /> <br /> <br />~ ~ _ ~ `~ <br />~ ~ ~ rU ~ ^~ Cl'] ~~ <br />~ <br />W <br />G <br />m r <br />`-~ <br />~ <br />~ e f1 <br />Z <br />~~ -~ z d <br />~ ~ ~ ~ ~ <br /> r ~ ~ <br /> <br />~111~ ~ ~ G.'.~ C <br /> ~ <br />~~ <br />~a ~~ <br />~l <br /> ~ ~r <br />~ ~ Z <br /> <br />- .__ AGREEMEl~IT $UBOR>a]T~TAx]NG EXISTIlVG <br /> TRUST DEED Tf~ 1vER' TR~TST DEED <br />Agreement made the day of between .Tohn F Bell, Spouse of Patricia A <br />Bell. and Patricia A Belt, Spouse of John F 13etl, Husband and Wife, of 3123 Woodridge Blvd, <br />Grand Island; Hall County, State of Nebraska, Detain referred to as trvstor; Platte Valley State <br />Hank & Trust Company, 810 Allen Drive, Grand Island, Hall County, Nebraska, herein referred <br />--~~ <br />a <br />G <br />to as beneficiary. <br />The parties zecite and declare that: <br />a. Trustoz executed a trust deed on Septembez 6, 2D06, in favor of beneficiary, which was <br />recorded on September 12, 2006, in the o$xce of the Register of Deeds, of Hall County, State of <br />Nebraska, as Document no. 200608158 covering the following described property (as defined in <br />Neb. Rev. State. 76-201) in Hail County, Nebraska. <br />LOT 7, BLOCK 2, BRENTWOOD SUBDIVISION, CITY OF' GRAND ISLAND, HALL <br />COUTNY, NIrBRASKA <br />b. The above mentioned trust deed was given as security for Loan, described in such <br />trust deed, in the original amount of Twenty Thousand and 00/100---($20,000.00) Dollars, <br />executed on September 6, 2006, by trustor in favor of beneficiary. <br />c. Trustor desires to obtain. a loan in the amount of Seventy Two Thousand p'ive <br />Hundred and No/100--- ($72,500.00) Dollars, from .EQUITABLE HANK , 113-115 N. Locust <br />St., City of Grand Island, County of Hall, State of Nebraska, herein referred to as lendez, but <br />lender requires that such loan be secured by a trust deed that will be prior to the trust deed in <br />favor of 1~eneficiary. <br />d. Beneficiary is willing to subordinate the lien of the trust deed iir their favoz insofar as <br />it encumbers the above-described pzemises, to the trust deed made in favoz of lender in order that <br />txustor may obtain such loan frorxx lender- k'or the zealous set forth above, and in consideration of <br />the mutual covenauts and promises of the parties hereto, trustor and beneficiary covenant and <br />agree as follows: <br />
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