|
��
<br />�
<br />N �
<br />� ��
<br />� ��
<br />� �
<br />� �
<br />W ~
<br />�
<br />��
<br />��
<br />��
<br />:
<br />Y �' ..
<br />.
<br />�
<br />�y
<br />A
<br />�✓
<br />�
<br />.�W
<br />�
<br />�
<br />C
<br />_ � t�e+
<br />� � ..
<br />� a
<br />�
<br />K
<br />i.
<br />�" i
<br />� _
<br />�
<br />Q 1.
<br />4
<br />h:
<br />���
<br />,_� n U, m
<br />� Z
<br />_``�� �--' � � � �
<br />°:r: �a '� rr-y 2 —1 N
<br />c� ���- � -�C n 0 IT�9
<br />c � `'�.�- � p �t �..�, �D
<br />� -.. �
<br />�� � � r� � C!7
<br />FTl ,r,� � �" (.:.] � � �
<br />� � � �' �
<br />v> �` � � � �1
<br />� � � �..
<br />n �:
<br />�- .....__. c� 1 `r'�
<br />Ck� � w �
<br />i'
<br />�
<br />ACREEMENT SUBORDINATING EXIST[NG
<br />TRUST DEED'CO NEW "I'RUS'I' DEEU
<br />��
<br />�
<br />Agreem�nt made the 23rd day of December , 2010 between MARVIN L ANDERSEN �-�
<br />G
<br />AND PAMELA D ANllERS�N, HUSBANI) AND WiFE, c�f 1307 HAGGE AVE, (�RAND ISLAND, IIALL
<br />COUNx X, State of Nebraska, herein referred to as trustor, Equitable Bank, of Grand Island,
<br />Nebraska, of 113-115 N Locust St., Grand Island, T�all C"ounty, Nebraska, herein rei to as
<br />beneficiary a��d Trustee.
<br />The parties recit� and declare that:
<br />a. Trustor executed a trust deed on April 25, 2�08 in f'avor c�f beneficiary, which was
<br />recorded on May 2, 2008, in the office c�f the ltegister of Deeds as I��stru��ent No. 2008U371G in
<br />Hall County, State af Nebraska, coverizag the follc�wing described property (as defincd in Neb.
<br />Rev. State. 76-201) in Hall Cc�unty, Nebraska.
<br />LOT S�VENTY (70), IN HAGGES' SUBDIVISION, xN THE CITY OF GRAND ISLAND, HALL
<br />COUNTY,NEBRASKA
<br />b. The above mentianed trust deed was �iven as security for Loan, described in
<br />trust deed, in. the original amount of '�'wenty One Thousand ar�d 1�10/100 Dollars ($21,000.00)
<br />executed on April 25, 2008, by trustor in favor of beneticiary.
<br />c. Trustor desires to obtain a loan in the amoua�t of Ninety Thousand and No/1O0
<br />Dollars---($90,OOO.UO) from EQUITABLE E3ANK, 113-115 N. Locust St., City of Grand Island,
<br />County of Hall, State of Nebraska, herein referred ta 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 c�f beneficiary.
<br />d. Beneficiary is willing to subordinate the lie�� of the trust deed in their favor izasofar as
<br />it encumbers the above-described premises, to the trust deed made in tavor of lender in order tl�at
<br />trustor naay obtain such loan from lender. For the reasc�ns set forth abc�ve, and in consicieration of
<br />the mutual covenants and promises of fhe parties taeretc7, trustor and beneficiary covenant and
<br />agree as follows:
<br />SECTION ONE
<br />SUB�RDINATI�N
<br />As an inducement to lender ta gant such loan to trustor, beneficiary and trustor laereby
<br />subordinate the above-described trust de�d af April 25, 2U08, in favor of bene�'iciary, to the trust
<br />deed in favor of lender that rs being recarded wifli this agreement oia 1:���C�?►n
<br />at Document N�. p�Dl(� [� t�a 1 _ in the Uf�ce of the Hall County Register of Deeds.
<br />Seneficiary and trustor further agree that the lie�a ofthe trust deed in favor of lei�der shall be and.
<br />is in all re�pects a lien prior and superior to the IiEn of the tn�st deed i�� favor of beneficiary.
<br />
|