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rn <br /> . m I�] � � <br /> . �..��..�m � y rn <br /> o � �� � � �rn IV rn <br /> �, �o rn � � o <br /> o �z � � z� � � <br /> � �� � C �Z �7 U] <br /> c�, z� � � �rn � — <br /> c� �� � � �ov � cn <br /> rn� rn � �� W � <br /> rn� � � =c�r� � � <br /> �o � � � � <br /> �� r� <br /> �� � �� rn <br /> o� o° cn � <br /> � �' z <br /> 0 <br /> I�ETURN Tn: <br /> I--�orY�e F�deral Sa��ii��s&Loan . <br /> P a���� �oag <br /> Grand Is�and,NE �88D� <br /> SUB��.D�NAT��N A.�REEM�NT <br /> THIS AGREEMENT made and executed this��nd day of Au us� ��I G,by and be�ween H�ME <br /> FEDERAL SAV�NGS ,�.ND L�AN ASS�CI�TI�N�F GRAND ISLAND,he�-�i��afte�-referred��as . <br /> "Su�ordinat�n��reditar"�v����et��er an�or more},a��d�-I4M�FEDERAL SAV�NGS AND L�AN ASS���ATI�N <br /> �F C�.AND �SLAND,hereinafte�•refe�-�-ed to as"Secured�ar�y". <br /> �ITNESSET�: <br /> WHEREAS,Da�-��ell A Ne�so��a��d Jui�e A Nelson, �whe�he�-�n�o��mo��e),l�er�i��after referred�o as <br /> "Debto��",��as�ra��t�d to fihe SUbordinatinb�red�fo�-a Mor��age o�-Deed of Trust da�ed Novemb���2�,�O I 3 a��d <br /> fiied of�-eca�-d i��the offic�af����Ha�I �oun�y Re��sfer of Deeds,a����3e�nd day of Dece�nher,�D13,as Docu2ne��� <br /> No. 2�l 349371 ���respect to���at real es�a�e described as: <br /> Lo�Nine�9�,Grand �est Fo���-�h Subdi�r�sio��, i��the�i��of G�-and Zsland, �all�au��t}�,Nebraska. <br /> WH�REAS,the Secut•ed Pa�-�y h�s a�reed ta e���er�nta a loan t�-a��saction with�he Deb�ar,wher�by��r�a�a� <br /> f�.���ds are tfl be adva��c�d�a the Debtor candi�iona�upon the Debfor p�-ovidin����e SecUred Par���ritl�a first lien i� <br /> respe��to���e aboWe described�-eai estate,���-einafter�-eferred�o as�he"�ollateral"; and <br /> �HEREAS,�he 5ubordina�ing Creditar�s willi��b to subardina�e a��y lien i�may have in r�spect to���e <br /> C��Iateral by reason af Suhordi��a�inb Credi�a�-'s Mortga�e�r Deed of Tx-��st of�-eco�-d t�perfect se�uri�y��hene�ei- <br /> and vvher��er filed in arder ta assUre f�a�Secu�ed Par-�y of a f�rs�lier�positio���i��a��d to t��e�o�lat��-al; <br /> N��V,T�EREF�RE, i�is agreed: <br /> I. T��e Subordina��nb�r�di�or��ereby co��sen�s to a subordinat�an nf its p�•iority position�o�he Secured � <br /> Pa��y a��d agrees that��s l�en in respect to the Mo�-�gage�r Deed of Tru����ereinab��e descri�ed, �f ariy,shail at al� � <br /> �im�s be seco��dary�o�he ex�ent��erein pra�id�d and subje��fio�he lien of�he Se�ured Par�y in respec��a fi��e <br /> �olla�erai. <br /> 2. T��e Subordi��a�i��g CredYtor�er�by consen�s to the Debtor gran����g Secured Par�y�firs�l�en in aII�he <br /> ���la�eral as described above ta secu�-e ir�debtedness�o be advanced�o Deb�ar by SecE��red Party, i���he ori����a� <br /> principa� amou���of���e�undred Fo Twa Thousand Ei I�t�u��dred Ei��� a��d�OII Q��hs Dolla�s�$14�,884.��� <br /> recorded in�he off ce of t����all Coun�y Reb�s�er of Deeds �n�he Z�nd day of A� u�� �Q I G,as Docu�n�nt No. <br /> ���6454�5. . <br /> 3. So long as an obliga�ion is�uts�and�ng fi-on��he Deb�o�-�o the Secu�-ed Party far indebtedness evidenc�d <br /> b}�Pra����ssory No�es❑��at��er inst�-ume���s of indebtedness to�he�x�e���}�erei��prflW�ded in Parag�-aph�,t��e Secured <br /> Party'S I�]��res�ir��he�olla�eral s��all ha�re priority to over�he�ien of#h�.Subo��di��a�inb�reditor i�a�hat C�lla�eral, <br /> and���e Subordina�ing��-edi�or's �n�eres��n���at Cal�ateral is, in alI resp�c�s, subjecf and subardi���te�o t��e security <br /> � <br />