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201106148
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201106148
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Last modified
10/17/2011 2:43:12 PM
Creation date
8/18/2011 10:25:18 AM
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DEEDS
Inst Number
201106148
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N <br />O <br />OD0 <br />OD <br />;a <br />N <br />N) <br />Q __j <br />M <br />� <br />_ <br />nA <br />o_ <br />y <br />zm <br />m <br />N m <br />�o <br />D <br />JO <br />o 0 <br />g0O <br />C <br />OT <br />�(n <br />z�!„ <br />G7 <br />„m <br />= <br />o <br />W <br />z <br />T < <br />M <br />D <br />C5 <br />D <br />rW <br />ooc <br />co <br />�0Cl) <br />C, <br />M <br />� <br />O <br />AGREEMENT SUBORDINATING EXISTING <br />TRUST DEED TO NEW TRUST DEED <br />Agreement made the 11th day of August. 2011, between ROSALIE J ZLOMKE, AN <br />UNMARRIED PERSON, of 4166 REDWOOD CT, GRAND ISLAND, HALL COUNTY, State <br />of Nebraska, herein referred to as trustor, Equitable Bank, of 113 -115 N. Locust St., Grand <br />Island, Hall County, Nebraska, herein referred to as beneficiary. <br />The parties recite and declare that: <br />a. Trustor executed a trust deed on February 22, 2008, in favor of beneficiary, which was <br />recorded on February 28, 2008 in the office of the Register of Deeds, of Hall County, State of <br />Nebraska, as Document No. 200801621 covering the following described property (as defined in <br />Neb. Rev. State. 76 -201) in Hall County, Nebraska. <br />LOT TWENTY (20), IN WESTWOOD PARK SECOND SUBDIVISION IN THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA <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 Five Thousand and 00/100 - -- ($25,000.00) Dollars, <br />executed on February 22, 2008, by trustor in favor of beneficiary. <br />c. Trustor desires to obtain a loan in the amount of Ninety -Six Thousand and No /100 - -- <br />($96,000.00) Dollars, from EQUITABLE BANK, 113 -115 N. Locust St., City of Grand Island, <br />County of Hall, State of Nebraska, herein referred to as lender, but lender requires that such loan <br />be secured by a trust deed that will be prior to the trust 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 />agree as follows: <br />
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