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STATE OF NEBRASKA <br />My Commission expires: 9 <br />Centris Federal Credit Union <br />343 N. 114th Street <br />Omaha; NE' 68154 <br />Prepared By: Jim Wehling <br />Space Above Line For Recording Data <br />SUBORDINATION AGREEMENT <br />This Agreement made this 3 day of December, 2012, between Centris Federal <br />Credit Union, its successors and /or assigns, ( "Lender ") and Centris Federal Credit Union, <br />( "Credit Union "). S <br />WHEREAS, Centris Federal Credit Union is the beneficiary under a Deed of <br />Trust/Mortgage dated December 19, 2003 and recorded December 29,2003 at Instrument <br /># 2003 -16491 in Mortgage Records of Hall County, Nebraska to secure a loan in the <br />original principal amount of ($20,385.20) to Robert D Ferguson and Marilyn R Ferguson, <br />a husband and wife, ( "Borrower(s) ") and covering the following described real estate: <br />LOT 12, RAINBOW LAKE SUBDIVISION, HALL COUNTY, NEBRASKA. <br />WHEREAS, Lender proposes to make a loan to Borrowers not to exceed the <br />principal amount of $130,000.00, dated October 11, 2012 and recorded October 18, 2012 <br />in Instrument # 2012 -08736 in the records of Hall County to be secured by a first <br />mortgage or trust deed upon real estate covered by the Deed of Trust/Mortgage of Credit <br />Union and described as above, and, <br />WHEREAS, Lender has requested Credit Union and Credit Union has agreed to <br />subordinate the lien of its trust deed to the mortgage of trust deed to be taken by Lender, <br />NOW, THEREFORE, in consideration of the premises the parties agree as follows: <br />Credit Union hereby expressly subordinates the lien of the above described trust <br />deed to the lien of any mortgage or deed taken by Lender from Borrowers and declares <br />the lien of the trust deed to be junior and inferior to the lien of Lender upon the lands <br />described therein; provided, however, that the subordination of the Mortgage of Credit <br />Union shall not apply or be effective as to any amounts, exclusive of interest, in excess of <br />$130,000.00 secured by the mortgage or trust deed of Lender. <br />Centris F- • eral Credit Union <br />Elizabeth A Birk <br />Its Lending Manager <br />Centris Federal Credit Union <br />SS <br />Notary Public <br />rbn <br />"0 <br />COUNTY OF DOUGLAS <br />On this 3 day of December, 2012, before me, the undersigned, a Notary Public duly commissioned and <br />qualified for said County personally came Elizabeth A Birkey, Lending Manager, to me known to be the <br />identical person whose name is subscribed to the foregoing instrument and acknowledge the execution <br />thereof to be his voluntary act and deed as such Trustee. <br />z <br />0 <br />, <br />GSVERA1 NOTARY- State of Nebraska <br />JAMES D. WEHLING <br />*Comm. Exp. Aug, 18, 2015 <br />Aft <br />