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900003960 17. Acceptance by the Trustee. The Trustee accepts this trust when this Deed of Trust, duly executed and acknowledged, is made a public record, as provided by law. 18. Subordination. Lender and Borrower acknowledge and agree that this Deed of Trust is subject and subordinate in all respects to the liens, terms, covenants, and conditions of the Deed of Trust ( "First Deed of Trust ") securing a note payable by Borrower to Union Bank and Trust Co., Grand Island, NE ( "Senior Lien Holder ") and to all advances heretofore made or which may hereafter be made pursuant to the First Deed of Trust including all sums advanced for the purpose of (a) protecting or further securing the lien of the First Deed of Trust, during defaults by Borrower under the First Deed of Trust, or for any other purpose expressly permitted by the First Deed of Trust, or (b) constructing, renovating, repairing, furnishing, fixturing, or equipping the Property. The terms and provisions of the First Deed of Trust are paramount and controlling, and they supersede any other terms and provisions hereof in conflict therewith. In the event of a foreclosure or deed in lieu of foreclosure of the First Deed of Trust, any provisions herein restricting the use of the Property to low -or moderate - income households or otherwise restricting Borrowers ability to sell the Property shall have no further force or effect on subsequent owners or purchasers of the Property. Any person, including his successors or assigns (other than Borrower or a related entity of Borrower), receiving title to the Property through a foreclosure or deed in lieu of foreclosure of the First Deed of Trust shall receive title to the Property free and clear from such restrictions. Further, if the Senior Lien Holder acquires title to the Property pursuant to a deed in lieu of foreclosure, the lien of this Deed of Trust shall automatically terminate upon the Senior Lien Holders acquisition of title. IN WITNESS WHEREOF, Trustor has executed this Deed of Trust as of the date and year first above written. lfflmWA Trustor /Borrower STATE OF NEBRASKA ) )SS. COUNTY OF HALL ) The foregoing instrument was acknowledged before me this 15`b day 2000, by Kristie Lee Pederson, a single person. pWAN BANS Notary Public V1 Comm I* Apt 24.2004 May,