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STATE OF NEBRASKA <br />COUNTY OF HALL <br />)ss. <br />TERM NOTARY - State of Nebraska <br />YOLANDA L RAYBURN <br />My Comm. Exp. Map 5, 2016 <br />Acs <br />en <br />en I Siri <br />rt <br />c <br />SUBORDINATION AGREEMENT <br />COMES NOW the City of Grand Island, Nebraska, secured party /beneficiary and hereby partially <br />subordinates its trust deed /real estate lien recorded September 13, 2013 on the following described real <br />estate: <br />South 15.2' of Lot 8 & North 36.8' of Lot 10, Block 24, College Addition to West Lawn in the City <br />of Grand Island, Hall County, NE <br />It is the intent of this Agreement that the trust deed for the amount loaned by First Mortgage <br />Company, LLC to Jessica S Bruggeman (Borrower) that is about to be filed, shall be superior to the trust <br />deed /real estate lien of the City of Grand Island, its successors and assigns recorded September 13, <br />2013 to protect the collateral. Thereafter, the City of Grand Island's lien shall have priority. It is further <br />understood that this subordination shall include all current obligations, extensions, renewals, advances or <br />modifications made by the City of Grand Island, Nebraska to Borrowers which is secured by the trust <br />deed /real estate lien recorded September 13, 2013 as Document Number 0201307536 in the records of <br />the Register of Deeds of Hall County, Nebraska. Nothing in this Subordination Agreement is intended as <br />a promise to provide financing or make advances to Borrowers by the City of Grand Island, Nebraska <br />and it is not the intention of the City of Grand Island, Nebraska to warrant or guarantee the obligations of <br />Borrowers but merely to partially subordinate its lien interests under the instrument recorded at <br />Document Number 0201307536 <br />Nothing in this instrument is intended to relieve Borrowers of their obligation to the City of Grand <br />Island, Nebraska or to subordinate any other lien interests including, but not limited to, real estate taxes <br />and special assessments. <br />Dated: /0/////.5 <br />The foregoing instrument was acknowledged before me on 1doboe i , , 2013, by <br />Jay Vavricek, Mayor of the City of Grand island, Nebras a. <br />Irrj <br />-=j C) cn <br />c-., O — I w{ <br />r• N <br />L- J far <br />;n _ , W <br />CD <br />-.:B r -. ;0 <br />I--4 Cam.) <br />r <br />k• <br />(0 9 <br />o 0 <br />0 <br />