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<br /> � � � Deec��f Tiust Subordinatlon Agreement � R� _�
<br />-�� �� •� � Account No.4830020082 v�
<br /> Thls Agreement Is mede thts 22nd day of December 1997, by and between U.S. Benk Natlonal Assoclatton'FKAFIrst Bank � `
<br /> �C
<br /> f � � National Assoclaiton("Benk")and Columbus Federei Savings Bank("Reflnancet').
<br /> �� Bank Is the beneflclery under e deed of trust (the "Junlor Deed of TrusY') dated October 1, 1998,granted by
<br /> Emliy K. Soderman an�i Donald F. Soderman, wife and husband ("Borrower"), and reconiecf in the offlce of the
<br />� RQpister of Deeds, Hail County, Nebraska on November b, 1986, as Document No. 98-108890, encumbering the real
<br /> ' ' property described thereln(collectively,tha "Property"). Reflnancer Is the beneficiary under a deed of trust(the"3enlor Dead of
<br /> ' TrusY') dated,December 22, , 18�_, granted by the Borrower, and recorded in tha samo ofTice on
<br />- December 29, . 19 97 , as Doc. No. 97-110909 , encumbering the property.
<br />�a. • � 7o induce Refinenaer to meko e loan to the Borrower secured by the Senlor Deed oi Trust, Benk hes egreed to execute end deilver
<br /> -° ' thls Subordination Agroement.
<br /> � •• ACCORDINGLY,In consideretion oi the premises and for other good and velueble consideratlan,the recelpt end sufficlency ui whlch
<br /> �.��b r�-.'�,�. ere hereby ecknowledgad,Bank hereby agroos wlth Reflnancer thet the Iien oi the Junlor Deed of Trust on the Property is end shall _
<br /> .c�,. .., � be end shali remafn tully subordinate for all purposes to the Ilen of the Senlor Deed of Trust on the Property,to the fuil extant of alt
<br /> f;r:
<br /> ,� sums from time to time secured by the Senlor Deed of Trust; provided, however,that the totel Indebtedness secured by the Senior
<br />:'::,,,;:.•k,..,,.
<br /> . . .,A; Deed af Trust does not exceed 398,600.00, exclusive ot Interest thereon,emounts advenced to pratect the Ilen and priortty of the
<br /> . . Senlor Deed of Trust,end costs oi collection.
<br />���;.�`;`; �', Lot 1, R&J Acres Subdivision,Hall County,Nebraska.
<br />'' � Property
<br />�:i�..`�; ;�, Address 6120 Wildwood Drfve,Alda,NE 68810
<br /> ,?- ..
<br />�;,•■,m;.iti.r•;.�,..,;��
<br />_,,.:�..,• ., IN WITNESS THEREOF,this Subordination Agreement Is executed on the day end year first ebove stoted.
<br />,Y.,....,.. .�.,: Bank
<br /> � �..
<br />_:°� ..' : Neme U.S. Bank Natlon I As ocl n'FKAFIrst Bank Nationel Assoclaiton
<br /> . ., f �
<br /> . . �.
<br /> , _n: � ,
<br /> --.-, By Lori Althoff
<br /> � ..'•, ., .
<br /> ,� r•�.+�.- • (Title) Operations Officer
<br /> . • .
<br /> � , � STATE OF_ North Dekote )
<br /> 0 —
<br />- " ' COUNTY OF Cass 1
<br />= The foregoing instrument was ecknowledged before me this Z2nd dey of December, 1997, by (name) Lori Aithoff, the (title) �-
<br /> Operetlons Officer of @ank name)U.S.Bank Natfonal Associafton•FKAFirst Benk Netional Associaiton a netlonel bank essoclatfon, __
<br /> on behalf of tho associatlon. � �
<br /> _ � ` -
<br /> otary Public -
<br /> - REBECCA RATCHENSKI
<br /> . Nolary PuD��e.STATE OF NORTH DANOTA This Instrument was dreRed by:Linn Perfectlon,P.O.BO%$6�7,Fargo ND 6810II --
<br /> - My Canmissan Exprq M�y 13,2002 -
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