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<br /> When Recorded, Mail To:
<br /> Exchange Bank, PO Box 5793,Grand Island, NE 68802
<br /> SUBORDINATION OF AGREEMENT FOR RESTRICTIVE COVENANTS,
<br /> EASEMENT AND RIGHT OF FIRST REFUSAL
<br /> In consideration of one dollar($1.00) and other good and valuable consideration,the receipt of which is
<br /> hereby acknowledged,the undersigned, ELIZABETH BAXTER,a married person,herein referred to as
<br /> "Elizabeth",TOM BAXTER, Elizabeth's husband,hereinafter referred to as"Tom"and GIAN BAXTER
<br /> ROBERTS,a single person,hereinafter referred to as"Gian", being the holders of an Agreement For
<br /> Restrictive Convenants, Easement and Right of First Refusal, recorded on October 30,2014 as
<br /> Instrument No.201406877 in the recorder's office of County of Hall,State of Nebraska,upon the
<br /> following premises to wit:
<br /> Lot Two(2), Baxter Acres Subdivision,in the City of Grand Island, Hall County, Nebraska
<br /> For themselves,their successor and assigns, Elizabeth,Tom,and Gian do hereby waive the priority of
<br /> their Agreement For Restrictive Covenants, Easement and Right of First Refusal referenced above,in
<br /> favor of a certain Deed of Trust to Exchange Bank,its successors and assigns,executed by Gian Baxter
<br /> Roberts, being dated the 19th of June,2015, in an amount not to exceed$340,000.00 and recorded in
<br /> official records as Instrument Number in recorder's office of County of Hall,
<br /> State of Nebraska,and upon the premises above described. Agreement For Restrictive Covenants,
<br /> Easement and Right of First Refusal shall be subordinate to the Deed of Trust to Exchange Bank, its
<br /> successors and assigns, in the same manner and with like effect as though the said later encumbered
<br /> had been executed and recorded prior to filing for record of Agreement for Restrictive Covenants,
<br /> Easement and Right of First Refusal, but without in any manner releasing or relinquishing the lien of said
<br /> earlier encumbrance upon said premises.
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<br /> G�ian Baxter obert
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<br /> Eliza eth B ter
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<br /> Tom Baxter
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