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<br />LOT THIlZTEEN (13), WESTWOOD PARK EIGHTH SUBDIVISION, IN THE CITY
<br />OF GRAND ISLAND, HALL COUNT'Y, NEBRASKA
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<br />201203388
<br />UNILATERAL SUBORDINATION AGREEMENT
<br />WHEREAS, BORROWER has executed a Note in a principal amount of $44,250.00 secured by
<br />�` a Mortgage/Deed of Trust in favor of LENDER #1, covering the PROPERTY, recorded on as
<br />� Inst. No. 0201103948 in the office of the Register of Deeds of Hall County, Nebraska.
<br />�; WI�REAS, BORROWER will be executing or has executed a Note in a principal
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<br />�� amount not to exceed $235,000.00 to be secured. by a Mortgage/Deed of Trust in favor of
<br />`'� °`�' LENDER #2, covering the PROPERTY, and to be recorded in the office of the Register of
<br />Deeds of Hall County, Nebraska. as, "�� � ap/a �'J3$�o
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<br />NOW THEREFORE, in consideration of $1.00 and other valuable consideration,
<br />receipt whereof is hereby acknowledge, LENDER #1 agrees to subordinate and does hereby
<br />subordinate its liens as shown and referred to above, to the lien of LENDER #2 as shown and
<br />referred to above, but only to the extent of the principal amount of the new lien as shown in the
<br />above paragraph, plus any accrued interest, taxes, insurance or costs advanced to protect its
<br />security.
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<br />Dated tl�,is �
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<br />WHEREAS, BORROWER is the owner of the real estate hereinafter called
<br />PROPERTY which is described as:
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<br />WHEREAS, the parties to this agreement are the old lender, namely The Platte Valley
<br />State Bank & Trust Company hereinafter called LENDER #1; and the new lender, namely Platte
<br />Valley State Bank & Trust Co, Its. Successors and/or Assigns, hereinafter called LENDER #2
<br />and Brent W Keenportz and Tracy Keenportz, Husband and and Wife, hereinafter called
<br />BORROWER, �
<br />day of �, 2012
<br />` STA�`�`OF NEBRASKA )
<br />)SS:
<br />COUNTY OF � )
<br />�LENDER #1)
<br />By:
<br />Darla Burnham, Vice President
<br />Platte Valley State Bank & firust Co.
<br />Acknowledged before me this �� day of �I'�2412 by Darla Bumham, Vice
<br />President of Platte Valley State Bank & Trust Co. on behalf of said Corporation.
<br />GENEAAL NOTARY - State of NebraSkt
<br />VALERIE GALVAN Notary Public �
<br />My Comm. Exp, Nov.17, 2014
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