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rn <br /> m � � � <br /> rnm � y rn <br /> o �� � � �rn � rn <br /> �, �o rn � � o <br /> o �z � Z z� � � <br /> � �� � � �z � � <br /> � z� „ C �rn � z <br /> � �� p � �ov � Cn <br /> � rn �� � <br /> rnm rn � _� � � <br /> c� p y Cn IV C <br /> �� � � �� � <br /> �� � �� rn <br /> o� � � � <br /> � � Z <br /> � <br /> RETURN TD: <br /> �-�ome Federai Sa�ings�La�n <br /> �'��3ox 1 D�9 <br /> Grand�slai�d,NE 65802 <br /> St�BQRD�NATI�N A�REEMENT <br /> T�IS��REEMENT�nade a��d executed���is �-��� day af Novembe�-,�0I�,b�and be��ve�n H�ME <br /> FEDERAL SAVINGS AND L�AN ASS�C�ATZ�N�F GRAND ISLAND,��ereinafter refe�•�•ed to as <br /> "Suba�-di��ati���Credi�or"����ethe�-one a�-more},a��d H�N��FED�RAL SA��NGS AND L�AN ASS�7�IATIflT� <br /> �F G RANI3�SLAND,herei��after referred to as"Secured Pa�-�y". <br /> 'L�ITNESSETH: <br /> �VH�R�AS,R�chard B F��:and Diane M Fo�,���hethe�-o��e or�nore�,hereinafte�-ref erred�o as"D�b�or", <br /> ��as�ranted tfl t��e Subordina�i���Credi�or a�o��babe nr Deed of Trus#dated Ju��e I S,2�12, and f�ed of recfl�-d in <br /> t��e office of�he Hali�ounty R.�gis�er of Deeds,fln���e 21 s�day�f June,�4 I�, as Docu�nen�No.2D I�454�2 i�� <br /> respec��n�hat real estate described as: - <br /> AII of L��Sev����y-eig����78}and the�es�eri}�Ten����feet of Lo�Se�e��ty-n�ne�79} in VVolfe's <br /> Subdivision to�he�ity of Grand �sland, Ha�l�oun�y,Neb�-aska. <br /> WHEREAS,�he Secured Par�}���as abre�d�o en�er i���o a loan�ran�action��itl�the D�btor,w��ereby certain <br /> funds a�-e�o be ad�ra��c�d�o�he Deb�o�-condi��ona�upon the Debtar pro�idi��g the SecUred Pa�-i�wi�h a fi�-s�lie��in <br /> respect to the abo�e described real es�ate,he�-einafter referred ta as�he"�o�ia�eral";and <br /> �IHEREAS,the Subordi��a�i���Credi�or is willing�n subardina�e any ��e�� i�may ha�e in r�sp�ct�o the <br /> Co�lateral b��-eason af Subordi��a�i��g Creditor's Mor�ga�e ar De�d of Trust of.re�ord�o perfec�secur���whe��e��r <br /> a��d�vh�re�re�-fled in arde�•to assure�he Secured Par�y of a f��-s�l�en pos��ion in a��d to�he Coila�era�; <br /> N�W,TH�REFflRE, i�is a�reed: <br /> I. The Sub�rdina�in��r�d�t�r hereby cons�nfis�o a subo�•dination�f��s priority pos�tia��to�he Secured <br /> Par�y and a�r�es�hat its�ien in respect#o the M�r��a��or D�ed of Trus�here���abav�des�r�bed, if any,s��all a�ai� <br /> ��mes be secondary to the ext�nt��erein pro�ided and subj�ct to�he �ien of�he Secured Par�y in respeC��a the <br /> �ollateral. <br /> 2. The Subordina�ing Cred��or hereby conse�a���o�he Deb�or granting S�cUa-ed Pa�-�y a f rst lien in a�I�he <br /> �ol�a�eral as d�scribed aboWe�o se�u�-e indebtedne�s to�e adva���ed�o De�to�-by Secu�-ed Par�y, in�he orig�na� <br /> pr�nc�pal amount of Nine� Six Tho��sand and 041I OO�hs Dol�ars�$9d,40�.4�}recorded in the affce af the�all _ <br /> Coun�y Regis�er of Deeds on���e�nd day of Na�ember,20 I�,as Documen�Na.��I�073��. <br /> 3. So �ong as a��obli�a�ion �s�u�sfianding fro�n�h� Deb�or to�he Secu��ed Party for indebtedness e�vide�c�d <br /> by Pra���iss�r�No�es o�-o�her���strume���s of inde��edness�o t�a�e��ent here���pro�ided in Pa�-agraph�,�he Secu���d <br /> Pa�-�y's interes�in�he�olla�era�s��ali have priori�y�o o�er�he lien of the Subordi�3a��ng Creditor in�ha�Col�a�eral, <br /> and���e Subord�na�ing�redi�or's i��te��es�in���a�Colla�eral �s, in a�l respects,sub�ect and subo�-ditaate to the s��uri�y <br />