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.. � � � � , Lx��,�rv�F �,�Nx � o �. � v � c� �. o Memt SUBORDINATION AGREEMENT Effective Date: 07/26/2012 Owner (s): Michael D Schuster and Michelle S Schuster Property Address: 516 Sandalwood Dr., Grand Island, NE 68803 IN CONSIDERATION of One Dollar ($1.00) and other good and valuable consideration, the receipt of which is hereby acknowledged, the undersigned, EXCHANGE BANK, being the holder of a certain mortgage deed made by Michael D Schuster and Michelle S Schuster, dated 09/15/2011 and recorded on 09/21/2011 in Official Record as INST # 201106994, in the amount of $70,160.00 on the Recorder's Office of, HALL County, Nebraska, upon the following premises to wit: SEE EXHIBIT "A" ATTACHED AND MADE A PART THEREOF. For itself, its successors and assigns, EXCHANGE BANK, does hereby waive the priority of its mortgage referenced above, in favor of a certain mortgage to Wells Fargo Bank N.A., its successor and assigns, executed by Michael D Schuster and Michelle S Schuster, being dated the � day of �P�' ,�r�( , in an amourit not to exceed 297,700.00, and recorded in Official Record Document Number , Volume Page , Recorder's Office, HALL County, Nebraska and upon the premises above described. EXCHANGE BANK mortgage shall be unconditionally subordinate to the mortgage to Wells Fargo Bank N.A., its successors and assigns, in the same manner and with like effect as though the said later encumbrance had been executed and recorded prior to filing for record of the EXCHANGE BANK mortgage, but without in any manner releasing or relinquishing the lien of said earlier encumbrance upon said premises. GRA�TD ISLAN'D GIBBON I�AliNEY 1204 Allen �rh e, Graed Islnnd, NE 68808 PO Bos 760, GiUbon, �'E 68840 PO Boa 397, Kesrney, NE 5884� (308) 38Z-2900 �'as (308) 382-2501 (308) 468-5741 Fns (30�) 468-5743 3110 2nd ,��-eaue � 939 S Locust Street, Grswd Islund, NE 688A1 �� 1502 S 2nd Avenne (308) 3848000 Fas (308) 3�4-5001 ��.eb-ne.com (308) 237-7711 Fas (308) 237-0178