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RECORDING REQUESTED BY: <br />CITIBANK, N.A. <br />1000 TECHNOLOGY DRIVE <br />O'FALLON, MO 63368 <br />SUBORDINATION AGREEMENT <br />execute a mortgage, dated 01/10/2008 to Pathway Bank <br />3 <br />s <br />covering: <br />AND WHEN RECORDED MAIL TO: <br />Grand Island Abstract, Escrow & Title C <br />P. 0 Box . 627 <br />Grand Island NE 68802 <br />NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE <br />PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF SOME OTHER <br />OR LATER SECURITY INSTRUMENT. <br />THIS AGREEMENT, made this 4 day of December 20 12 by <br />Julio A. Rivas and Judy J. Sheeks Rivas <br />owner of the land hereinafter described and hereinafter referred to as "Owner," and Pathway Bank <br />present owner and holder of the mortgage hereinafter described and hereinafter referred <br />to as "Beneficiary": <br />WITNESSETH <br />THAT WHEREAS, Julio A. Rivas and Judy J. Sheeks Rivas did <br />SEE ATTACHED LEGAL DESCRIPTION <br />to secure a note in the sum of $ 34,000.00 dated 01/10/2008 in favor of <br />Beneficiary, which mortgage was recorded on 01/11/2008 Instrument #200800284 <br />WHEREAS, Owner has executed, or is about to execute, a mortgage and note, not to exceed <br />$43, 875.00 dated .5-3 I -06 1, in favor of CITIBANK, N.A. <br />hereinafter referred to as "Lender," payable with interest and upon the terms and conditions described <br />therein, which mortgage is to be recorded concurrently herewith; and as , c, 14 o 9 ))3C'/ L / 4 <br />WHEREAS, it is a condition precedent to obtaining said loan that said mortgage last above <br />mentioned shall unconditionally be and remain at all times a lien or charge upon the land hereinbefore <br />described, prior and superior to the lien or charge of the mortgage first above mentioned; and <br />