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m <br /> � � N p� � <br /> m"' � cD m <br /> � � n� � N zm N m <br /> o ,Z�7� �,mj . D �O o 0 <br /> � � z� p � �z o cDi� <br /> c�n TA m � �� O � <br /> m cm'� p � r(Di� (�31 � <br /> � �� � � � � C <br /> � <br /> m <br /> 00 � � � <br /> � c" z <br /> � O <br /> Return Address: <br /> EcYuitable Sank <br /> PO Bo�160 <br /> Grand Ysland NE 68802-0160 <br /> AGRE�1>�IENT SU�i3OI2DINATa10TG A REAI.PROPEI2TY Nd�R�'GAGE <br /> This Agreement is made this 20t1i day of AUGUST_2012,by and between,HOU SINCi <br /> DEVELOPMENT CORPORATION(HDC)Mortgagee,and Equitable Banl�,which has a principal place of <br /> business in Hall County,Nebraska,herein referred ta as LE�TDER. <br /> The parties recite and declare that: <br /> A. HOUSING DEVELOPMENT CORPORATION(�IDC),Mortgagee is the owner and holder of a <br /> cerlain Real Properly Mortgage dated May 20,2009,and filed in the Register of Deeds Office of Hall County,on <br /> July 9,2009,as Document No_200905584 of that County,covering,tlie following describcd property: <br /> EAS'I'T�IIRTY SEVEN FEET(37'),LOT TEN(10),AND TIIE WEST F012TY TIiREE FEE(43'),LOT <br /> g'LEVEN(11), BL�CK EIGHT(8),1Vi0It12IS FII�TH ADl�iT70N TO TFIE CYTY O�'GRAND 15LAND, <br /> &TAT,L C�UNTl',NESRASKf3. <br /> B. LENDER is avout to loan the sum of EIGHTY SEVEN THOUSAND T'N�HITNDRED AND <br /> NO/100($87,500.00)on a Note and Deed of Trust securing such N�te to be filed agaiust the above descn�bed <br /> properly. <br /> C. To induce LENDER to inake snch loan,it is necessary that the Real Properly Mortgage held by <br /> HOUSING DEVELOPIVIENT CORPORAT70N(HDC),described in Section A above,be subordinated to the lien <br /> of the Deed of Trust about to Ue made in favor of the LENDER as bene£iciary as set forth above as it applies to the <br /> above described property only. <br /> For the reasons set forth above,and consideration of the mut�ial covenanCs and promises of the parties <br /> hereto,HOUSING DEVELOPMENT CORPORATION(FIDC),Mortgagee,and L�NDER coveuaut and agree as <br /> follows: <br /> 1_ Subordination. HOUSING DEVELQPMENT CORPORATION(HDC)hereby <br /> covenants,consents and agrees with L�NDER that the aUove-meutioned Real Property <br /> Mortgage is and shall continue to be subject to and subordinate ui lien to thc lien o£the <br /> Deed of Trust about to be made to LENDER stated above_ <br />