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98102887
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Last modified
3/12/2012 11:33:35 AM
Creation date
10/19/2005 5:28:13 PM
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DEEDS
Inst Number
98102887
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��. A��e t��e 98— ic;�s� <br /> P by the Trustee. The Trustee accepts thia trust when this <br /> Deed of Trust, duly executed and acknowledged, is made a public record, as <br /> provided by law. <br /> 18. 3ubordination. Lender and Borrower acknowledge and agree that this Deed <br /> of Trust is subject and subordinate in all respects to the liens, terms, <br /> covenants, and conditions of the Deed of Trust ("First Deed of Trust") securing <br /> a note payable by Borrower to Norwest Mort a e ("Senior Lien Holder") and to <br /> all advances heretofore made or which may hereafter be made pursuant to the <br /> First Deed of Trust iacluding all sums advanced for the purpose of (a) <br /> protectinq or further securinq the lien of the First Deed of Trust, during <br /> defaults by Borrower under the First Deed of Trust, or for any other purpose <br /> eXP=e881y permitted by the First Deed of Trust, or (b) constructin <br /> renovating, re sirin fu g� <br /> P g, rnishing, fixturing, or equipping the property. The <br /> terms and provisiona of the First Desd of Trust are paramount and controlling, <br /> and they supersede any other terms and proviaions hereof in conflict therewith. <br /> In the event of a foreclosure or deed in lieu of foreclosure of the First Deed <br /> of Trust, any provisiona herein restricting the use of the Property to low-or <br /> moderate-income households or otherwise restricting Borrowers ability to sell <br /> the Property shall have no further force or effect on subsequent owners or <br /> purchasers of the Property. Any person, including his successora or assigns <br /> (other than Borrower or a related entity of Horrower) , receivinq title to the <br /> Property through a foreclosure or deed in lieu of foreclosure of the First Deed <br /> of Trust ahall receive title to the Property fres and clear from such <br /> restrictions. <br /> Further, if the Senior Lien Holder acquires title to the Property pursuant to <br /> a deed in lieu of foreclosure, the lien of this Deed of Trust shall <br /> automatically terminate upon the Senior Lien Holder's acquisition of title, <br /> provided that (i) Lender has been given written notice of a default under the <br /> First Deed of Trust, and (ii) I,ender shall not have cured the default under the <br /> First Dsed of Trust, or diligently pursued curing the default as determined by <br /> the Senior Lien Holder, within the 60-day period provided in such notice sent <br /> to Lender. <br /> IN WITNESS WHEREOF, Trustor has executed this Deed of Trust as of the <br /> date and year first above written. <br /> ` � � <br /> Ja ie Ren Meister, <br /> STATE OF NEBRp,gKA T stor/Borrower <br /> � <br /> )ss. <br /> COUNTY OF HALI, ) <br /> The foregoing instrument was acknowledged before me this 30th day of <br /> March, 1998, by Jackie Renee' Meister, a singl ers n. <br /> c <br /> Notary Public <br /> II� GENERAI NOTARY-Slale ol NebrasM� <br /> CURIE R.MINCER <br /> My Comm.ExD.May 25,1998 <br />
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