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rn <br /> m � � � <br /> rnm � y rn <br /> o �� � � �rn � rn <br /> �, �o rn � � o <br /> o �z � a z� � � <br /> � �� � � �Z �7 U] <br /> o z� � � � — <br /> � �� p � �ornv � c.zi� <br /> rn� rn � �� � � <br /> rn� � � =c�r� � � <br /> �o cn � � <br /> �� r� � <br /> 6]� � �� � <br /> p� � � � <br /> � � Z <br /> � <br /> RETURN T�: <br /> Home Federal Sauin�s&Loan <br /> P�Box 1 fln9 <br /> Grand�s�and,NE �88�� <br /> SUB�RDINAT�DN AGREEMENT <br /> THIS A�REEMENT made and execu�ed th�s��h day of December,�016,by and�betvv�en HOME � <br /> FEDERAL SAV�NGS AND L�AN ASS��ZAT��N DF GRAND ISLAND,hereinafter referred to as <br /> "Subord���ating�reditor"�whet��er one or mo�-e�, and H�M�FEDERAL SAV�NGS AND L�AN ASSDC�AT��N <br /> �F GRAND ISLAND,hereinafter referred to as"Secured Par�y". <br /> VV�TNESSETH: <br /> `1VHEREAS, Terr}�L Fegt�r and Kris�ine K Feg�er,�whet��er one or mo�-e�,h�reinafter referred�o as <br /> "Deb�or",has�ran�ed�o�h�Subardina�in��red��ar a Mnr�gage or Deed of Trus�da�ed F�bruary�5,��1 S,a��d fi led <br /> ofrecord in�fi��e�ff�c��f�he Hal��oun�y Reb�s��r of Deeds, an the 3rd day of Marc��,24�5, as Documei��No. <br /> �4�54��61 �n respect to�hat rea�estate described as: <br /> Lot Sixte�n(�6}, in VV'es��ood Park Second Subdivisian, in������ty af�rand�s�and, HaII �ounty, <br /> Nebraska. <br /> `TI�HEREAS,�he Secured Fai�y has agreed ta�n�er in�a a�oan�ransac�ion vvi�h���e Deb�or,vv�ereby cer�a�n <br /> funds are�o be adva�ced to the Deb�a�condi�ional upon�he Deb�ar prov�ding�he Secured Party with a�rst�ien in <br /> respect to the abor�e d�scribed reai�s�ate,hereinaft�r referred to as�he"�o�ia���-a�";and <br /> �T�EREAS,the Subordinating Creditar is willing�o subordinate any lien it may ha�e in respect to the <br /> �alia�eral by�-�aso��of 5ubordi��a�ing�reditar's M�rt�age flr•Deed of T�•us�af reco�-�to pe�-fect securi�y v�hene�er <br /> and wherever filed in�rder to assur�t��e Secured Pa�y of a first�ien pasition in and to the Calla�eral; <br /> N�'L�V,T��EREF�RE, it is agre�d: <br /> I. The Subordinating Cred�tor hereby consen�s to a subordination of��s priari�y pasi�ion�o�he S�cured <br /> Party and agrees�ha�i�s �ien in respect to the Mar��age or Deed of Trust hereinabo�e described, if any,shall a�alI <br /> times be�econdary ta�he extent herein pra�ided and subjeG��o the Iien�f�he Secured ParCy in respeC�fo the . <br /> �ol�ateral. <br /> �. The Subordinating�reditor hereby cansen�s�o�he Debtflr granting Secu�-ed Par�y a firs��i�n in a�l�he <br /> Ca��ateral as described abo�e to secur�indebtedness�o be ad�anGed�o Deb�or�y Secured Party, in�he original <br /> principal amount of�ne Hundred Thir� Ei ht Thousand Fvur Hundred and F��e and��Il U�ths Doilars <br /> �$I 3 5,�405.��} recorded�n the off ce of the Ha�l Count�R�gister of D�eeds an the 6fih day of Dec�mber,�D��,as <br /> Do�ume�t N�.2��dD 8�$$. <br /> 3. So lang as aY�obliga�ion ��ou�s�a��ding from the Debtor t��he Secured Party for inde��edness evidenced <br /> �by Prom�ssory Notes or o�her instrumen�s of ii�de�tedness�o�he exten�here�n pra�ided in Paragraph 2,�he Secured <br /> Par�y's �n�eres�in the��ila���-al shall ha�e priarity�o o�er the lien af the Su�bardinating Credi�or in�ha��o�la�eral, <br /> and�h�Subordina��ng Cr�ditor's�n��res�in�ha�Callateral is, in a�l respec�s,subject and subordina�e t�the security <br />