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� . � 9S- 1t�4115 1) That said Deed of Trust securing said Note in favor of Lender, and any : renewals of extensions thereof, shall unconditionally be and remaining at all : times a lien or charge on the property therein described, prior and superior : to the lien or charge of the Deed of Trust first above mentioned. 2) That Lender would not make its loan above described without this Subordination Agreement. : 3) That this Agreement shall be the whole and only agreement with regard : to the subordination of the lien or charge of the Deed of Trust flrst above to the lien or charge of the Deed of Trust in favor of Lender above referred to and sha11 supersede and cancel, but only insofar as would affect the priority between the Deeds of Trust hereinbefore specifically described, any prior agreement as to such subordination including, but not limited : to, those provision, if any, contained it the Deed of Trust first above mentioned, which provide for the subordination of the lien or charge thereof to another Deed or Deeds of Trust or to another mortgage or mortgages. Beneficiary declares, agrees and acknowledges that: : 1) He consents to and approves (i) of all provisions of the Note and Deed of Trust in favor of Lender above referred to, and (ii) all agreements, : including but not limited to any loan or escrow agreements, between : Owner and Lender for the disbursement of the proceeds of Lender's loan; : 2) Lender in making disbursements pursuant to any such agreement is under : no obligation or duty to, nor has Lender represented that it will, see to the application of such proceeds by the person or persons to whom Lender : disburses such proceeds and any application or use of such proceeds for : purposes other than those provided for in such ageement or agreements shall not defeat the subordination herein made in whole or in part; : 3) He intentionally and unconditionally waives, relinquishes and : subordinates the lien or chaxge of the Deed of Trust first above mentioned in favor of the lien or charge upon said land of the Deed of Trust in favor of Lender above referred to and understands that in reliance upon, and in : consideration of, this waiver, relinquishment and subordination specific : loans and advances are being and will be made and, as part and parcel : thereof, specific monetary and other obligations are being and will be : entered into which would not be made or entered into but for said reliance upon this waiver, relinquishment and subordination; and 4) An endorsement has been placed upon the Note secured by the Deed of : Trust first above mentioned that said Deed of Trust has by this instrument : been subordinated to the lien or charge of the Deed of Trust in favor of : Lender above referred to. NOTICE: THIS SUBORDINATION AGREEMENT CONTAINS A PROVISION WHICH ALLOWS THE PERSON OBLIGATED ON YOUR REAL PROPERTY SECURITY TO OBTAIN A LOAN,A PORTION OF WffiCH MAY BE EXPENDED FOR OTHER PURPOSES THAN IlVIPROVE NT OF T LA STATE OF NEBRASKA) : ) ss. y: COUNTY OF HALL ) : 4+ �"�F:�;, ,,� Sworn and Subscribed to before me this 2 , > ��,., GE Y� a e o�Jebraska ,=� '` �� III KATHLEEN J.NORTHUP � �'3 My Comm.Exp.Dec.l,2000 : � , Notary Public `_ ;�::, . ;"- ��;, ,� : r*'"�, � y'�.. _ ��: