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201501907
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Last modified
4/14/2015 12:08:07 PM
Creation date
3/30/2015 4:26:45 PM
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DEEDS
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201501907
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above. To induce the Goverment to make this loan the Lender agrees that only the <br />Lender's Promissory Note dated 3/37/96/5 in the principal amount of $300,000 <br />would hold a lien priority ahead of the government indebtedness and that all of the <br />Lender's other existing loans to the Borrower and future loans made to the Borrower <br />which would be secured by the cross- collateralization and /or future advance clauses in the <br />Lender's Deed of Trusts are hereby subordinated in favor of the Government's lien and <br />would hold a junior lien position to the Government indebtedness on the real estate <br />described above. <br />The total principal amount holding a lien priority ahead of the Government <br />Promissory Note in the amount of $300,000, secured by the Lender's Deed of Trust at any <br />one time shall not exceed the Lender's Promissory Note dated .,/ 7J &.v /Sn the <br />principal amount of $300,000. This limitation of amount does not inc interest and <br />protective advances pursuant to the Lender's $300,000 Promissory Note. <br />Dated the 2 7 day of c'( , 20/5. <br />STATE OF NEBRASKA. <br />COUNTY OF A4i 5 <br />The foregoing instrument was acknowledged before me on the od day of <br />atral , 20 /S, by doff E 14-cz, 0 on behalf of Cornerstone Bank. <br />(09/19/10) <br />GENERAL NOTARY - State of Netsuke <br />TERESA L. THEOBALD <br />My Comm. Exp. August 27, 2017 <br />) ss ACKNOWLEDGMENT <br />Cornerstone Bank <br />By: <br />t_ <br />Azo —`.' <br />Title <br />Notary Public <br />Page 2 of 2 <br />
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