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201502454
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Last modified
4/21/2015 8:31:16 AM
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4/21/2015 8:31:16 AM
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DEEDS
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201502454
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above. To induce the Government to make this loan the Lender agrees that only the <br />Lender's Promissory Note dated in the principal amount of $250,000 <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 $250,000, secured by the Lender's Deed of Trust at any <br />one time shall not exceed the Lender's Promissory Note dated in the <br />principal amount of $250,000. This limitation of amount does not include interest and <br />protective advances pursuant to the Lender's $250,000 Promissory Note. <br />Dated the / 7 day of 40-7/ 20/S <br />STATE OF NEBRASKA <br />COUNTY OF <br />The foregoing instrument was ackno ledged before me on the / 7 day of <br />a , 20 6, by D� ' ��ru 1 , on behalf • �j >.ir, li <br />(09/19/10) <br />201502454 <br />Cornerstone Bank <br />By: <br />Title <br />) ss ACKNOWLEDGMENT <br />GENERAL NOTARY - State of Nebraska <br />MARNIE SCHAGER SUNDERMEIER <br />My Comm. Exp. Sept. 8, 2015 <br />Page 2 of 2 <br />
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