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rn <br /> m � � � <br /> rnm � y rn <br /> o � �� � � �rn � rn <br /> a� � �o rn �C p � <br /> o •�z � � Z� � y <br /> � �� � � �Z �7 CI] <br /> o° Z� � � �rn � Z <br /> o �� Q � �� � U] <br /> �� rn �� � <br /> rn� � � =c�r� � � <br /> �o � � � � <br /> �� r� <br /> �� � �� rn <br /> Qm� � � z <br /> � � � <br /> �7 Z <br /> � <br /> RETURN T[3: <br /> Hoi3�e Federal Sa���n s&Loar� <br /> P�Box I��9 <br /> Grand Is1�nd,NL �$802 <br /> SUB��D�NATIC�N A�RE�II�ENT <br /> T�IS AGR�EMENT made a��d execu�ed t��is��th day of Mav, 2Q 1�,b}�and betv�e���H�ME��DERAL <br /> SAV�NGS AND L�AN ASS�CIAT��N QF�RAND ISLAND,��ex-einafter referred�a as"Subordinatinb Credito�•" <br /> �vv��e���e��one or xnore�,and H�ME F�DERAL SAVINGS AND L�AN ASS�CIAT��N aF GRAND �SLAND, <br /> herei��afte�-�-eferred�o as"Secured Par�}�". <br /> '�ITNESSET�--�: - <br /> WHER�AS, S�e�ren A �hi�ed a��d Tina L���i�ed, �v����e�her on�ar more�,hereinafter referred�o as <br /> "Debtor",has bran�ed�a the Sub�rdinating Credi�or a Mo�-tgabe or Deed of T��us�da�ed February l 9��4��,and f led <br /> �f�•e���-d i���he affice of���e Hall�ount�y Registe�-of Deeds? on�he 3rd day of N�arch. ��1�S as Documen�Na. <br /> 2����1267 in res�ec�to���at real esta�e described as: <br /> Lot Ei�,h�een(�S�, Indianhead Se�e����� Subdi�ision, �n the�ity nf Grand Island,Hall�ounty,Nebraska. <br /> V�HEREAS,tl�e Secuz-ed Party has agreed�o e�ater in�o a loan��-a��sac�fon�ith the Deb�or,w}�e�•eby c�r�ain <br /> funds are�o be ad�anced to��ae Deb�or cfl��di�����al upo���he Deb�or pro�idinb�he Secured Par�y vv�th a frs��ien ��� <br /> respe��to���e above described real es�a�e,her��nafter referred�o as�he"C�lla�e�-aI"; and <br /> . WHEREAS,�he Subordinating�reditor is vvilling�a subardi�aate any lien ����na}���a�e in respect to t��e <br /> Co�lateral by reason af Subordinat���g��•edi�or's Mor�gage or Deed of Trust of recard�o perfec�securi�y whene�er <br /> and w��ere�er filed �t�order to assu�-e�h�Secu�-ed Pa�•ty of a first lien p�si�ion in aa�d�o the�olla�era�; <br /> N�'UW,THEREF�R�, ��is a�reed: <br /> 1. The Subordi�a�ing�redi�or hereby cons�nts�o a su�nrd�natian of��s pri�rity pasi#ion�o�h� S�cured <br /> Par�y and a�r�es thaf��s �i�n in respect�o the M�r�gage or Deed of Trust herei��aba�re described, if any,shall a�al� <br /> �i�nes be secondary fio���e ex�en�here�n pro�ided and sub�ect to the l�en af�he SeCUred Pa�-�y�n r�sp�c��o the <br /> Coliateral. <br /> �. The 5ubord�natinb Credi�or hereby consen�s ta the Debtor granting Se�u�-ed Par�y a first Iie�� �n al��he <br /> Colla�erai as desc��ib�d above ta secure indebt�dness�o be advanced�o D�btor b}�Secured Par�y, i��t���original <br /> principaI a��1ou���of Une�undr�d Se�en� �'our Thousand Ei ht�u�adred Ni��e� and��I l Da�l�s DolIars <br /> ���74,$90.44�recorded in the off ce of t��e Hall�ounty Regis�er of D�eds o��the 2Qth day of M, ay, 2D 16,as <br /> Documen�Na. �D 16�3135. <br /> 3. So Iong as an ob�i�a�io�� is flu�sta��dinb from�he Deb�or�o�he Secured Party for indeb�e�ness��ide��ced <br /> b�Prom�ssor�No�es ar o�her inst�•umen�s af ind�b�ed��ess�o�h�e�fient herein pro�ided�n 1'ara�raph�,th�Secured <br /> Party's �n�e�-est in�he�ol�at�ra�shall��a�e p�-io�-ity ta o�e�-the Iie��af�he Subo�-dina�in�Credi�or in that�o��a�e�-aI, <br /> and�he Subordina�ing�reditor's infieres�i���ha��ollateral is, �n alI resp�cts, sub�ect and subordinate to�he s�cur�ty <br />