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<br /> AGREEI�lENT SUBORDINATING EXISTiNG
<br /> TRUST DEEID TO NEW'�RUST DEED
<br /> � 1
<br /> Agreentent made_ Auril 17 . 19,�,betweeu �� �
<br /> Rana� H E�i�es �nd Marcia G Wiles ,of 4241 Michiaece ��eGT�� , \ -
<br /> City of Grand IsYand ,C'quttt}r�tf K'�1? , .
<br /> Stat;,of Nebrask�,�,huein referred to as trustor,an� Five Points Banie ,
<br /> of 20�5 N Broadwell Avenue ,City of Grand Island .
<br /> Couaty of Neil ,State of Nebraska,herein ref�rred to as
<br /> beneficiary►.
<br /> Th�parties recite and daclar�that:
<br /> a 7'n�stor executed a tcusi deai on�uaust 2e , 19 95 ,in favor of beneficiary,
<br /> which was rocorded oa August 29 , l9 95 �as Document No. 95-105813 ��
<br /> of�ia of the Hall County Register of Deeds , of
<br /> . .---- - -- - .e r . � . . - - -- --- •
<br /> H�11 Caur+ty,Sta..,of I`ehrssY�,cuti�g!he.ollo«�ng d�3xd
<br /> property:
<br /> ' Lot Four (4), in [ilock One (1), in Capital Heights Fourth Suhdivision in the City
<br /> uf Grand Ialand, Hall County. �+lebraska.
<br /> �
<br /> � b. The a6ove mentioned trust dood was gi�ea as security for a laan ,
<br /> de�ibed in si�ch trust deed,in the amouat of Se�en Thousand Five Hundred 7hirty Five
<br /> and 50/100 Doll�rs CS7.535.50)executed ou August 28 ,19 95 ,by
<br /> tms-tor in favor of beaeficiary. �
<br /> c. TnrsWr desires to obtain a loan in the ainount of Seventv-Five Thousand Oollars
<br /> . and no/100 - - - - - - - - - - -($75�000.00�fie Equitable Building end Loan
<br /> � Asso�iation.FSB of 113-115 North Locust Street ,City of
<br /> ' ,_(srand Island ,Counfiy of Hall ,State of�iebrasica,nereia
<br /> refencd to as Ieader,but leacia�roquires that such loaa be secured by a tn�st dad that will be
<br /> • priortv the trust decd in favor of beneficiary.
<br /> d Beneficiary is willing to subordinate the lien of the trust dced in their fa�vor
<br />= iasofar av it eac�uu6ers tE�above-describad premtses,to the tnut deed ma�de in favor of leculer ira
<br />= order that t�r may obtain such loan from lender.
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