Laserfiche WebLink
~~ <br />~ n <br />~~ <br />~` ~ ~ r=n tri <br />rv ~~^~ a~ n a <br />~ ~ ~ ~ ~ _. <br />~ ~ ~ aC = O <br />~ ~~ <br />(V ~~ <br />~~ <br /> <br /> n e" C~7 <br /> <br />~ -~ <br />~ <br /> <br />"~ ~ ~ ~„ <br /> ~ <br />-~ ~ ~' c~ <br />~, .~ <br />ca <br /> w c~ ~, o <br /> <br />o ~ r''~ <br /> <br />m <br />a <br />~ r <br />f'- ~ <br />OC? <br /> ~ Cn -~] <br /> ~ r1] <br /> F,...- ..'~ ._~ <br /> C C~ (J7 W <br /> C1 <br />AGREEMENT SUBORDINATING EXISTING <br />TRUST DEED TO NEW TRUST DEED <br />Agreement made the 26TH day of OCTOBER , 2009, between MELVIN D GRIESS <br />AND JULIE M GRIE5S, HUSBAND AND WIFE, of 2680 ST PATRICK AVE, GRAND ISLAND, HALL <br />COUNTY, State of Nebraska, herein referred to as trustor, Equitable Bank, formerly known as, <br />m <br />m <br />a~ <br />m <br />0 <br />cn <br />Z <br />Z <br />0 <br />~~. <br />Cy <br />Cs <br />Equitable Federal Savings Bank of Grand Island, formerly known as The Equitable Building and <br />Loan Association of Grand Island, Nebraska, of 113-115 N Locust St., Grand Island, Hall <br />County, Nebraska, herein referred to as beneficiary and Trustee. <br />The parties recite and. declare that: <br />a. Trustor executed. a trust deed on Apri16, 2006, in favor of beneficiary, which was <br />recorded on April 12, 2006, in the office of the Register of Deeds as Instrument No. 2006031$0 <br />in Hall County, State of Nebraska, covering the fallowing described property (as defined in Neb. <br />Rev. State. 76-201) in Hall County, Nebraska. <br />LOT THREE (3), DICKEY SEVENTH SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY, NEBRASKA <br />b. The above mentioned trust deed was given as security for Laan, described in <br />trust deed, in the original amount of Thirty Thousand and No/100 Dollars ($30,000.00) executed <br />on Apri16, 2006 by trustor in favor of beneficiary. <br />c. Trustar des}res to obtain a loan in the amount of Sixty Four Thousand and No/100 <br />Dollars---($64,000.00) from EQUITABLE BANK, 113-115 N. Locust St., City of <br />Grand Island, County of Hall, State of Nebraska, herein referred to as lender, but <br />lender requires that such loan be secured by a trust deed that will be prior to the trust <br />deed in favor of beneficiary. <br />d. Beneficiary is willing to subordinate the lien of the trust deed in their favor insofar as <br />it encumbers the above-described premises, to the trust deed made in favor of lender in order that <br />trustor may obtain such loan from lender. For the reasons set forth above, and in consideration of <br />the mutual covenants and promises of the parties hereto, trustor and beneficiary covenant and <br />i <br />agree as follows: <br />