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<br /> `��''"h' ' RECORDINO REQUESTED BY: �
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<br /> � �.. ,ps�,' SPACB ABOVB TNIS LINB FOR NBCORD@II'i USE
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<br />'� �'" `� SUBOROINATION AaREEMENT
<br /> .�; •: ,. . .. � .: .
<br /> - �y*,-�'"�``�L"�.rc•._� NOTICE: THIS SIlBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE PROPERTY BE—
<br /> —""-"�; •,�. ..�,,,• '! • COMIN�i SU8JEC7 TO ANO OF LOWER PRIORITY THAN THE LIEN OF SOME OTHER OR LATER SECURIT�
<br /> ,.� ` • .. � ' INSTRUMENT.
<br /> - ±��.:.. . :: �.�.. _
<br /> - : � • � THIS AGREEMENT.m�d�thi� 26th d�y of play . .1992 .by
<br /> � �
<br /> ; ; Du�rdyne F. FoWler and Judy R. Fawlsz'
<br /> .�.
<br /> .. 1 ��` ow��of th�land FNninattK d�tb�d and hr�inaRM r�fw►�d to�"Owner."�nd •
<br />-- �•. h � M�.�W�est Eleatit� � 1►/C Aasigned to First Federal Savings and Loan Association of Lincola, °- �
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<br /> ` . � � � .,�� p�t owrM► �nd holda of tM UCC-�1 F���ind noU firt M i�nifut d�afbd md Iar�in�Ra rsitmd to a'�6aNtioiuY��7
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<br /> ... w�Truessen�
<br /> � .. � THAT WHEREAS. �a� F• Fawler ard Judy R. rcwler
<br />:",� . ' did unwtt a dNd of vust,d�t�d .to
<br /> •,.,�; ,a:trustM.aowrirg:
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<br /> Lot Sev�enteen (17). in Block Three(3)� in Meves First Ac7ditior� to
<br /> _ �.'--•�' .: ' ;� C�rar�d Island, Hall County, Nebraska. -
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<br /> ". � to wcur�s not�In th�wm ot S ,d�t�d in i�va of UCC-1 Financing-=r-
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<br />;. . . , ' �dtnlegt ILeatitlg end !�/C Assigned to First Federal Savinge � Loan Assoc.whichlQ(Od�tOm�41�w� —
<br /> '� tat -noord � 30, 1988 ,tn book p�• .Offktal Raoads oi a�id aounty:�nd -
<br />;,_ men� y 1)oc�ment No 8$-102209
<br />�� " WHEREAS.Ow�er h�s�x�cutd,or is about to ex�c a,ad�e�dd�f ru md notein t o 0 0 � �..
<br /> . ,,. �� 07/14/9 2 ,in f�vor of �s� `��� a F��' �� � i�et�
<br /> ' ^� .her�in�Rer r�farnd to�:"Und�r," WVabl�with intKat and upon the tKms�nd aondition�da � :
<br /> .. ,,. Association
<br /> , Y���„t, � ., �c r t b�d t h e r t i n,w h k h M�d of t r u s t i�to M neord�d conwrnntly hK�with:�nd �..
<br /> , � � '. oned��II unoonditiomll b��nd �.
<br /> WHEREAS,it is�conditian pncod�nt to obtaininy s�id to�n that said deed of trua I�st�bow m�nti Y
<br /> ' ramain at all timts� Iim or clurye upon tM land h�r�inDefora described,prior and wpKiorto th�lim or eha►�of tht dew!of trust �.
<br /> lint abow m�ntion�d:�nd 0.
<br /> � WHEREAS,lend�r is wiI linp to mak�said lo�n provided th�deed oi trust securinp the same is�lian or chsrye upon the�bove described
<br /> p►op�rty prior and wperior to the lien or ch�rye of the deed of trust t�rst�bove mentioned md provided that Benefki�ry w�ll specifl• �
<br /> " qlly and unconditiontlly wbardirnta the lien a charye of the deed of trust firri�bov�mentbn�d to th� Ilm or ch�r�of the deed of
<br /> bu�t in iwor of Ltnda:and t
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<br /> • WHEREAS,it is to tht mutual benetit oe y.0 pXrtiet.h+�rMn tlt�tL�n1_�ar mlk�wch toan to Owner;and Benefici�ry is wfllinp thst tht
<br /> j' ., dNd of trust s�curiny th�samt shall,w11en.►�catdMl.�aOAl�tituW4 �iW� or oh�rqe upon seid land whfeh is unconditianally prtor��d �
<br /> . j iup�rior to th�li�n ur eh�rp�of th�ds�d ot Rruti#IACabdv��NNtl�I'r=.
<br /> _ .�s '~ �
<br /> � ^ � NOW.THEREFORE,tn consideratlon of the mutual benefits aeeruinp to the parties hereto and othu valuable con:ider�tion,the ra .
<br /> ' qipt and suffici�ncy of whieh cOnsiderst{on (s h�reby�cknowl�dyed,and fn ord�r to fndua L�ndn to m�k�th�ian abov�nfm�d ,
<br /> � to,tt is her�by d�eland.undorstood and apreed as tollows:
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<br /> . (t l Th�t said deed of trust securinq svid note in i�vor of Lender,and any renawals or sxtensions thereof,shell unconditionally
<br /> b�and nmain�t �II tima�lien or charye on�he propertY therein desaibed,prlor�nd wperio�to the(ian or eh�rpe of tho
<br /> � • dMd of trust iirst�bov�m�ntioned.
<br /> . �• (Z) That L�nd�would not mak�its loan abovt dtscribed w{thout this subordinetion apreement.
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