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<br /> . . . 92
<br /> . sueoRC�iNAnau oF o�o oF �raus�r � ,
<br /> . ���, Arend R. Baadc , uihase address i�s__. �
<br /> P..J7. Box ?90 Grand Island Nebraska 68802 hereinafter caYi�sd�. ,
<br /> • "Trustee", has an irtterest in the follooEi�g described property. lacate� 'ss�..the
<br /> State of Nebraslca . Goun�y:of _kta2�1' _�,
<br /> $tate of Nebrastca s described as fol�owss ta �i.t: . :
<br /> - A tract of lanc! comPrisin9 a Part of the Northmes� Quarter oP tl�ce:Sautizyqes�
<br />` Quarter- fNW#suh�3 of .Seetior� Tarenty �ne f 2i l,. i� Tawnship eleuen�. (�1;�:. tr(trth:
<br /> - Range Nine (9} West of the 6th P.�t., more partiae2arly �escni�ed_ as PcZlor,,s:
<br /> _ - Beginning at.,a'point ars .the_ East Iine af said IWI�SW�, sai� G���� ����9 �en
<br /> ' hundred fifty seven and four tenths (757.4) feet sauth of tl�e (1a»�tt�ast Corner
<br /> -- ' of said f�t}SW� as.now located; thence deflecting right 80°QQ"".artd�running Utest
<br /> a d�stacice of.Tuio Hund�� Thirty (230) feet3 �enGe runttii�g�,Sou�h and parallel
<br /> toI:�';€ast �.na af s��:���W�• a dista�tc���af Twes Hcc�sdred fifi�y��nic�e and Fifty- ..
<br /> .,:.°.�'. fi�ve��ur,�es.�.t253.��f�fe�t;{�r,��Ee ci��Y�tin� �La.f� 3f1pC�:.and running east:`", "�,
<br /> .�� _Two:E�.�-ruTi�ci��4��rty (23�.�) �Fe��'. � a Pa�i3t oi�• the; �ast`��if�::pf sai�. 1W(�S{il#;;�:�;:;���
<br /> 1:���',,, thenc��.,running North a1��� �sa3�:�ast line. a rtis�-�t.2�'i�����s�llunc4�;.,€ifty . . .
<br /> � Nsna;ar�d Fifty'Five H�r�d�hs f?59.55) �eet to the paiflt�of• ��nning; sub3ec�
<br /> x;,'` .. t�:�93�d rfgh�.-of may a�ig an�up4n the East Edge�af..;sazd_�fsact:. Mail' CountY-.:_�.�_ � . ---_----
<br /> - . Neti�ska, except theref�am a_ �azt of graund mare par�icularly described in � � _-__
<br />.;:'..�� � tJa�zanty Qeed recorded.�.in Bacak ��1� Page` 452s rec��ded in the Offite of the - - -
<br /> r , ��: � Rec�s�er of deeds of Ha2��County, t1�e'ebrastc�; . i� `.,�� � . �� . - ��_r--
<br /> , . . ,.;.
<br /> ,:j f; , ' pursu�rst to the terms �pf a certain Q�,�af.' Tzr�st �:.(haie�nafter °Subordit�►a*e = _ -
<br /> Deed oP Trust"} dated lanuarv 22. �: '�9.87, a�d recorded cu� .sas►uarx ; . �--
<br /> . `�� 30, 1987, as Qocument No. 8�-100538, Hall �ounty Records, an� - _____
<br /> H'
<br /> ��: :
<br /> WHEREAS, Jerry P Jensen and tharv m. Jensen , ufiase�address�. .�.._
<br /> .
<br /> is 1Q24 South Narrison Street Grand Island, Nebraska 68801 hereinafter �"�`��
<br /> {._�._
<br />� � called "Trustor 8orrower" has applied to Home Federal Savin s and Loan '�'":;�r
<br />, _. Association of Grand Island (hereinafter called "Lender" for Note secured _ _
<br /> . �.. . h the ahove descrihed ra ert . ' . '.
<br /> ' WHEREAS, this Reed of Trust has been assigned to Richard l.. Thimaan • . -"'�
<br /> ��� and Doris J. Thimaan (Assignees) pursuant to an Assignment dated April 10, ;
<br /> _ . 1985 artd recorded Febr_, uarS►3 �.�992 as pocument No. :. �._.. � =
<br /> � �' � 92-10087�1 Hall Caunty Records. -
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<br /> `� � NOW, THEREFORE, in consideration of One Dollar ($1.00) and other good � -
<br /> ��,� and valuatrle consideration, receipt whereof is hereby acknowledged, the under- .�:
<br /> _. signed Trustee and Ass�gnees heiebY¢o subardinate t�o Lender all the�r rights ���-
<br /> ��' to said Oeed af frust af �ender. �`�-'-`�
<br /> in the above described paoperty �" �.. -
<br /> t - -
<br /> - ";� IT IS FURTHER AGREED that Lender is relyi.ng upnn this subordination ze� '
<br /> K-� the abave described Qeed of Trust transaction and that Lender's Qee� of 7rust r,
<br /> .. �i+�� �.4Y,f. . �
<br /> ����•"� ., � when executed shall be a secured lien an the above described proa�rty prior �
<br /> '� �"'��`'�� and superior to. the interest of Trustee and Assignees not�rithstanding the date � � _: _ .
<br /> txr......#
<br /> + ,�, '�, of execution, the date of recording, or date of d3.sburseme�� af funds by Lhe • .'�'!,'•--
<br /> .�+. _ Lender. ' '
<br /> -��+�.�,i, �
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<br />� ��+hl:.^a-.'- , � . .
<br /> • - ''���"-a ANQ tT IS !"URTHER AGHEEQ► that Trustee or wssiynees hereby assum�s no �
<br /> �},.j..,. .
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<br /> � � �..: ,.... personal liabil�ty to Lender and that Lender shall giue written notice o
<br /> .'� �. � Trustee and Assignees at least 15 days prior to the exercise of its right to �: ,
<br /> � � for��sa t�y ce:t3fied U.S. lylail to the address hereinabove designated or to !
<br /> � .��'�;:-�.:'' such other addr�ss as may hereafter be designated in writing. . 1`rustee and y .
<br />� . . '� � Assignees shall have the right, bs�t not the obligatian,, to cure any default � _ :
<br />; _ �;... . .' of the Trustor/8nrrawes.
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