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201500403 The Senior Lender has agreed to make a new loan or amend an existing loan in the original principal amount NOT to exceed$96,875.00(the"New Loan or Amended Loan"),provided that the New Loan or Amended Loan is secured by a first lien mortgage on the Property(the"New Security Instrument")in favor of the Senior Lender. If the New Loan or Amended Loan exceeds this amount,the Subordination Agreement is VOID. The Subordinating Lender is willing to subordinate the lien of the Existing Security Instrument to the lien of the New Security Instrument under the terms set forth in this Agreement. pm The Senior Lender has an existing loan in the original principal amount of N/A(the"Senior Loan")to the Borrower,which was intended to be secured by a first lien mortgage on the Property. The Senior Loan is secured by a Deed of Trust,executed by Borrower,as trustor,in favor of N/A,as trustee for the benefit of Home Federal Savings And Loan Assn Of Grand Island,as beneficiary and recorded on N/A in N/A N/A at page N/A(or as No.N/A)of the Records of the Office of the Register of Deeds of the County of N/A,State of Nebraska(the"Senior Security Instrument"). Through an inadvertent error,the Junior Security Instrument was recorded prior to the Senior Security Instrument. The Subordinating Lender is willing to subordinate the lien of the Existing Security Instrument to the lien of the New Security Instrument under the terms set forth in this Agreement. NOW,THEREFORE,for and in consideration of the above recitals,the covenants herein contained,and for good and valuable consideration,the receipt of which is hereby acknowledged,the parties agree as follows: A. Agreement to Subordinate © Subordinating Lender hereby subordinates the lien of the Existing Security Instrument,and all of its modifications,extensions and renewals,to the lien of the New Security Instrument.This Agreement is effective as to any sum whose repayment is presently secured or which may in the future be secured by the Existing Security Instrument. rm Subordinating Lender hereby subordinates the lien of the Existing Security Instrument,and all of its modifications,extensions and renewals,to the lien of the Senior Lender's Security Instrument.This Agreement is effective as to any sum whose repayment is presently secured or which may in the future be secured by the Existing Security Instrument. B. Appointment of Substitute Trustee If Applicable The Existing Security Instrument names N/A,as Trustee and the Subordinating Lender as Beneficiary.The Existing Security Instrument provides that the Subordinating Lender may designate and appoint a substitute Trustee in place of any other trustee by an instrument recorded among the appropriate land records. The Subordinating Lender hereby removes N/A as Trustee and designates and appoints N/A as substitute Trustee with the same powers and duties as were originally vested in the Original Trustee under the Existing Security Instrument. C. General Terms and Conditions Binding Effect—This Agreement shall be binding upon and inure to the benefit of the respective heirs,legal representatives,successors and assigns of the parties hereto and all of those holding title under any of them. HE360 SUB/PC-NE-H3S121029 rev 20140801 Page 2 of 3 0000000000846476