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FSA- 2300 -7 NE <br />Type of Date of Date <br />Instrument Instrument Filed <br />Office <br />Filed <br />Deed of Trust b/30/1 y 2/3/.00/1 Hall County <br />Register of <br />Deeds <br />LIMITED SUBORDINATION TO THE GOVERNMENT <br />a0/410 floss <br />WHEREAS the Exchange Bank of P 0 Box 760, Gibbon, NE, is the <br />owner and holder of the following described instrument(s) executed by Robert M <br />Panowicz and Jaime L Panowicz, of Hall County, State of Nebraska, (hereinafter called <br />the "Borrower "). <br />Document File Page <br />or Book No. Number <br />AND WHEREAS the United States of America, acting through the Farm Service <br />Agency, United States Department of Agriculture (hereafter called the "Government"), <br />has agreed to loan $300,000 to the Borrower for the following purposes: <br />Purchase real estate in Hall County <br />THEREFORE, in consideration of the Government's agreement to make such <br />loan to the Borrower, the Lender (a) consents to the Borrower obtRining the loan from the <br />Government for such purposes; and (b) agrees to and does subordinate, as described <br />below, in favor of the Government and its successors and assigns its liens and security <br />interests created or evidenced by he above - described instruments insofar as they cover the <br />following described property: <br />THE SOUTH HALF OF THE SOUTHWEST QUARTER (S1 /2SW1/4) OF SECTION <br />FIFTEEN (15), TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE <br />6 P.M., HALL COUNTY, NEBRASKA. <br />NOW THEREAFTER, The Lender made the Borrower a $424,400 loan on <br />it/ 30 /Pi `! . The Lender's loan is secured by the Deed of Trust and real estate <br />described above. The Government loan will also be secured by the real estate described <br />