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<br />WHEN RECORDED MAIL TO:
<br />First National Bank of Omaha
<br />2223 2nd Ave
<br />Kearnev, NE 68848
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<br />FOR RECORDER'S USE ONLY
<br />NOTICE: THIS SUBORDINATION OF DEED OF TRUST RESULTS IN YOUR SECURITY INTEREST
<br />IN THE PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF
<br />SOME OTHER OR LATER SECURITY INSTRUMENT.
<br />SUBORDINATION OF DEED OF TRUST
<br />THIS SUBORDINATION OF DEED OF TRUST dated June 28, 2016, is made and executed
<br />among First National Bank of Omaha ( "Beneficiary "); First National Bank of Omaha ( "Trustee ");
<br />Jonathan T Enck; and Elizabeth Enck, husband and wife ( "Borrower "); and First National Bank
<br />of Omaha ( "Lender ").
<br />SUBORDINATED INDEBTEDNESS. Beneficiary has extended the following described financial accommodations, secured
<br />by the Real Property (the "Subordinated Indebtedness "):
<br />SUBORDINATED DEED OF TRUST. The Subordinated Indebtedness is or will be secured by the Real Property and
<br />evidenced by a deed of trust dated July 23, 2014 from Jonathan T Enck; and Elizabeth Enck, husband and wife
<br />( "Trustor ") to First National Bank of Omaha ( "Trustee ") in favor of First National Bank of Omaha ( "Beneficiary ") (the
<br />"Subordinated Deed of Trust ") and recorded in Hall County, State of Nebraska as follows:
<br />July 23, 2014 as Instrument No 201404543.
<br />REAL PROPERTY DESCRIPTION. The Subordinated Deed of Trust covers the following described real property (the
<br />"Real Property ") located in Hall County, State of Nebraska:
<br />Lot Two (2), Karle Subdivision, Hall County, Nebraska
<br />The Real Property or its address is commonly known as 4905 W Old Potash Hwy, now known as 4861 W Old Potash
<br />Hwy, Grand Island, NE 68803.
<br />SUPERIOR INDEBTEDNESS. Lender has extended or has agreed to extend the following described financial
<br />accommodations to Borrower, secured by the Real Property (the "Superior Indebtedness "):
<br />LENDER'S LIEN. The Superior Indebtedness is or will be secured X� I Real Property and evidenced by a mortgage,
<br />deed of trust, or other lien instrument, dated August 4, LU1 , from Borrower to Lender (the "Lender's
<br />Lien "). As a condition to the granting of the requested financial accommodations, Lender has rewired that the Lender's
<br />Lien be and remain superior to the Subordinated Deed of Trust. Tiled August 4, 2016 as Docrf201605034
<br />REQUESTED FINANCIAL ACCOMMODATIONS. Trustor, who may or may not be the same person or entity as
<br />Borrower, and Beneficiary each want Lender to provide financial accommodations to Borrower in the form of the
<br />Superior Indebtedness. Trustor and Beneficiary each represent and acknowledge to Lender that Beneficiary will benefit
<br />as a result of these financial accommodations from Lender to Borrower, and Beneficiary acknowledges receipt of
<br />valuable consideration for entering into this Subordination.
<br />NOW THEREFORE THE PARTIES TO THIS SUBORDINATION HEREBY AGREE AS FOLLOWS:
<br />SUBORDINATION. The Subordinated Deed of Trust and the Subordinated Indebtedness secured by the Subordinated
<br />Deed of Trust is and shall be subordinated in all respects to Lender's Lien and the Superior Indebtedness, and it is
<br />agreed that Lender's Lien shall be and remain, at all times, prior and superior to the lien of the Subordinated Deed of
<br />Trust. Beneficiary also subordinates to Lender's Lien all other Security Interests in the Real Property held by
<br />Beneficiary, whether now existing or hereafter acquired. The words "Security Interest" mean and include without
<br />limitation any type of collateral security, whether in the form of a lien, charge, mortgage, deed of trust, assignment,
<br />pledge, chattel mortgage, chattel trust, factor's lien, equipment trust, conditional sale, trust receipt, lien or title
<br />retention contract, lease or consignment intended as a security device, or any other security or lien interest whatsoever,
<br />whether created by law, contract, or otherwise.
<br />BENEFICIARY'S REPRESENTATIONS AND WARRANTIES. Beneficiary represents and warrants to Lender that: (A) no
<br />representations or agreements of any kind have been made to Beneficiary which would limit or qualify in any way the
<br />terms of this Subordination; (B) this Subordination is executed at Borrower's request and not at the request of Lender;
<br />(C) Lender has made no representation to Beneficiary as to the creditworthiness of Borrower; and (D) Beneficiary has
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