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<br /> WHEN RECORDED MAIL TO_
<br /> Equitable Bank
<br /> Diers Avenue Branch
<br /> PO Box 160 ``
<br /> Grand Island,NE 68802-0160 FOR RECORDER�USE ONLY
<br /> NOTICE: TNIS SUBORDINATION OF DEED OF TRUST RESULTS IN YOUR TY INTEREST
<br /> IN THE PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY�A THE LIEN OF
<br /> SOME OTHER OR LATER SECURITY INSTRUMENT. �
<br /> SUBORDINATION OF DEED OF TRU�'1" _
<br /> \.f
<br /> THIS SUBORDINATION OF DEED OF TRUST dated July 31, 2 1 is made and executed among
<br /> Equitable Bank ("Beneficiary"); Equitable Bank ("Trustee"� �LEAF LLC ("Borrower"); and
<br /> Equitable Bank("Lender").
<br /> SUBORDINATED INDEBTEDNESS. Beneficiary has extended the fo�ing described financial accommodations,secured
<br /> by the Real Property(the"Subordinated Indebtedne'ss")i �
<br /> The.above mentioned trust deeds were given as secur f ans,descri6ed in trust deeds,in the original amount
<br /> of One Milfion Eight Hundred Thousand and No11�0� 1,800,000.00)executed on June 1,2012 by tPustor
<br /> in favor of beneficiary. -A`��
<br /> SUBORDINATED DEED OF TRUST. The Subordin IrTde6tedness is or will be secured by the Real Property and
<br /> evidenced by a deed of trust dated June 1, 20 LONGLEAF LLC ("Trustor") to Equitable Bank ("Trustee") in
<br /> favor of Equitable Bank ("Beneficiary") (the �r inated Deed of Trust") and recorded in HALL County, State of
<br /> Nebraska as follows: ���
<br /> Deed of Trust dated June 1,2012�fid rewrded in Hall County Register of Deeds on June 4,2012 as Instrument
<br /> No.207204449. �I
<br /> REAL PROPERTY DESCRIPTION. �ubordinated Deed of Trust covers the following described real property fthe
<br /> "Real Property")located in HAL�4n�y,State of Nebraska:
<br /> LOT ONE t1), BLOCK �8), REPLAT, CONTINENTAL GARDENS, AN ADDITION TO THE CITY OF GRAND
<br /> ISLAND,HALL COU1;�BRASKA
<br /> 1►
<br /> The Real Property or j�'S�adMFess is commonly known as 3033 WEST STOLLEY PARK RD SUITE E,GRAND ISLAND,NE
<br /> 68801. The Rea���tax identification number is 400038935.
<br /> SUPERIOR 1 NESS. Lender has extended or has agreed to e�ctend the following described financial
<br /> accommoda n �o Borrowet,secured by the Real Property(the"Superior Indebtedness"):
<br /> Trustor desires to obtain a loan in the amourrt of One Million Five Hundred Ninety Five Thousand and No/100
<br /> (51,595,000.001 from EQUITABLE BANK, 113-715 N.Locust St.,Gl'ty of Grand Island,County of Hall,State of
<br /> Nebraska.herein referred tio as lender,but lender requires that such loan be secured by a trust deed thm will 6e
<br /> prior to the trust deed in favor of beneficiary.
<br /> LENDER'S LIEN. The Superior Indebtedness is or will be secured by the Real Property and evidenced 6y a mortgage,
<br /> deed of trust, or other Iien instrumeM, daYed July 31, 2012, from Borrower to Lender (the "Lender's Lien") and
<br /> � recorded in HALL County,State of Nebraska as follows:
<br /> Deed of Trust dated JuIY 31, 2012 and recorded in Hall County Register of Deeds on
<br /> ��y� �1{ZOI'Z as Inrnument No. ZQ�'ZQtp�O�]
<br /> As a condition to the granting of the requested financial accommodations,Lender has required that the Lender's Lien be
<br /> and remain superior to the Subordinated Deed of Teust.
<br /> REQUESTED FINANqAL ACCOMMODATIONS. Trustor, who may or may not be the. same person or entity as
<br /> Borrower, and Beneficiary each want Lender to provide financial accommodations to Borrower in the form of the
<br /> Superior Indebtedness. Trustor and Beneficiary each represent and acknowledge to Lender that Beneficiary will benefit
<br /> as a result of these financial accommotlations from Lender to Borrower, and Beneficiary acknowledges receipt of
<br /> valuabfe consideration for entering into this Subordination.
<br /> NOW THEREFORE THE PARTIES TO THIS SUBORDINATION HEREBY AGREE AS FOLLOWS:
<br /> SUBORDINATION. The Subordinated Deed of Trust and the Subordinated Indebtedness secured by the Subordinated
<br /> Deed of Trust is and shall be subordinatetl in alI respects to Lender's Lien and the Superior Indebtedness, and it is
<br /> ayreed that Lender's Lien shall be and remain, at all times,prior and superior;o the lien of the Subordinated Deed of
<br /> Trusx. Beneficiary also subordinates to Lender's Lien all other Security Interests in the Real Property held by
<br /> Beneficiary, whether now existing or hereafter acquired. The words "Security Interest" mean and include without
<br /> Iimitation any type of collateral security,whether in the form of a Iien, charge, mortgage,deed of trust, assignment,
<br /> pledge, chattel mortgage, chattel trust, factor's lien, equipment trust, conditional sale, trust receipt, lien or title
<br /> reYention contract,lease or consignment intended as a security device,or any other security or lien interest whatsoever,
<br /> whether created by law,contract,or otherwise.
<br /> BENEFICIARY'S REPRESENTATIONS AND WARRANTIES. Beneficiary represents and warrants to Lender that: (A) no
<br /> representations or agreements of any kind have been made to Beneficiary which would limit or qualify in any way the
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