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98102951
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Last modified
3/12/2012 11:35:09 AM
Creation date
10/19/2005 5:29:19 PM
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DEEDS
Inst Number
98102951
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'^ ' .� ^ <br /> ��,.:: �'3 �� � c� cn ��`�' <br /> c�o �, ._a <br /> --••� � _ y� � � <br /> !� � � � _ . —� ...�. ' <br /> �' � � a �a �� _i � . � � <br /> � . �> t � <br /> 7�iC t"� ,_y -,t <br /> � � _._ �1 Z u N <br /> 7 � , —D j � _� � <br /> o --- � _� (^J �-+ <br /> r� r-- ,,. � <br /> � l � w J� �� � <br /> .r c� <br /> . �� o �.,�� Ul � <br /> CJ C,7 ;--J _ <br /> �� Q <br /> AGREEMENT SUBORDINATING A DEED OF TRUST � <br /> This Agreement is made this��day of March, 1998, by and between The Equitable � : <br /> Building and Loan Association of Grand Island,Nebraska,A Federal Savings Bank, � <br /> which has a principal place of business in Hall County,Nebraska, herein referred to as ' <br /> Equitable Building and Loan, and the Bank of Doniphan, a Nebraska Corporation, of : <br /> Doniphan,Nebraska,herein referred to as Lender. : <br /> The parties recite and declare that: : <br /> A. Equitable Building and Loan is the owner and holder of a certain Note and Deed of <br /> Trust dated August 6, 1997, which Deed of Trust is recorded in the Register of Deeds : <br /> Office of Hall County,Nebraska, on August 11, 1997, as Document Number 97-106461 <br /> of that County, covering, in part,the following described property: : <br /> Lot Ten(10), Whites Sunny Slopes Subdivision, Part of the Northwest Quarter(NW 1/4) <br /> of Section Twelve (12), Township Nine (9)North, Range Ten(10) West of the 6th P.M., <br /> Hall County,Nebraska. : <br /> B. Lender is about to loan the sum of Eighty Five Thousand Dollars and No Cents <br /> ($85,000.00)on a Note and Deed of Trust securing such Note to provide for the payment : <br /> of a Note to Lender secured by a Deed of Trust filed against the above described <br /> property. <br /> G To induce Lender to make such loan, it is necessary that the Mortgage held by : <br /> Equitable Building and Loan, described in Section A above, be subordinated to the lien of <br /> the Deed of Trust about to be made in favor of the Lender as beneficiary as set forth : <br /> above as it applies to the above described property only. : <br /> For the reasons set forth above, and consideration of the mutual covenants and promises <br /> of the parties hereto, Equitable Building and Loan and Lender covenant and agree as : <br /> follows: <br />
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