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N �*1 0 - �.•— n z IV x ri so r x WHEN RECORDED MAIL TO: First National Bank of Omaha 2223 2nd Ave Kearney. NE 68848 i 11 111 111 CD w rte) imiHUUi11umiHUU!umi9ui1!))im iiNmiN11uiu111111imnuiuNu FOR RECORDER'S USE ONLY 111111 NOTICE: THIS SUBORDINATION OF DEED OF TRUST RESULTS IN YOUR SECURITY INTEREST IN THE PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF SOME OTHER OR LATER SECURITY INSTRUMENT. SUBORDINATION OF DEED OF TRUST THIS SUBORDINATION OF DEED OF TRUST dated April 6, 2017, is made and executed among First National Bank of Omaha ( "Beneficiary "); First National Bank of Omaha ( "Trustee "); Jonathan T Enck; and Elizabeth Enck, husband and wife ( "Borrower "); and First National Bank of Omaha ( "Lender "). SUBORDINATED INDEBTEDNESS. Beneficiary has extended the following described financial accommodations, secured by the Real Pro a (the "Subordinated Indebtedness "): SUBORDINAT D DEED OF TRUST. The Subordinated Indebtedness is or will be secured by the Real Property and evidenced by a deed of trust dated July 23, 2014 from Jonathan T Enck; and Elizabeth Enck, husband and wife ( "Trustor ") to First National Bank of Omaha ( "Trustee ") in favor of First National Bank of Omaha ("Beneficiary") (the "Subordinated Deed of Trust ") and recorded in Hall County, State of Nebraska as follows: July 23, 2014 as Instrument No 201404543. REAL PROPERTY DESCRIPTION. The Subordinated Deed of Trust covers the following described real property (the "Real Property") located in Hall County, State of Nebraska: Lot Two (2), Karle Subdivision, Hall County, Nebraska The Real Property or its address is commonly known as 4905 W Old Potash Hwy, now known as 4861 W Old Potash Hwy, Grand Island, NE 68803. SUPERIOR INDEBTEDNESS. Lender has extended or has agreed to extend the following described financial accommodations to Borrower, secured by the Real Property (the "Superior Indebtedness "): LENDER'S LIEN. The Superior Indebtedness is or will be secured by the Real Property and evidenced by a mortgage, deed of trust, or other lien instrument, dated , from Borrower to Lender (the "Lender's Lien "). As a condition to the granting of the requested financial accommodations, Lender has required that the Lender's Lien be and remain superior to the Subordinated Deed of Trust. REQUESTED FINANCIAL ACCOMMODATIONS. Trustor, who may or may not be the same person or entity as Borrower, and Beneficiary each want Lender to provide financial accommodations to Borrower in the form of the Superior Indebtedness. Trustor and Beneficiary each represent and acknowledge to Lender that Beneficiary will benefit as a result of these financial accommodations from Lender to Borrower, and Beneficiary acknowledges receipt of valuable consideration for entering into this Subordination. NOW THEREFORE THE PARTIES TO THIS SUBORDINATION HEREBY AGREE AS FOLLOWS: SUBORDINATION. The Subordinated Deed of Trust and the Subordinated Indebtedness secured by the Subordinated Deed of Trust is and shall be subordinated in all respects to Lender's Lien and the Superior Indebtedness, and it is agreed that Lender's Lien shall be and remain, at all times, prior and superior to the lien of the Subordinated Deed of Trust. Beneficiary also subordinates to Lender's Lien all other Security Interests in the Real Property held by Beneficiary, whether now existing or hereafter acquired. The words "Security Interest" mean and include without limitation any type of collateral security, whether in the form of a lien, charge, mortgage, deed of trust, assignment, pledge, chattel mortgage, chattel trust, factor's lien, equipment trust, conditional sale, trust receipt, lien or title retention contract, lease or consignment intended as a security device, or any other security or lien interest whatsoever, whether created by law, contract, or otherwise. BENEFICIARY'S REPRESENTATIONS AND WARRANTIES. Beneficiary represents and warrants to Lender that: (A) no representations or agreements of any kind have been made to Beneficiary which would limit or qualify in any way the terms of this Subordination; (B) this Subordination is executed at Borrower's request and not at the request of Lender; (C) Lender has made no representation to Beneficiary as to the creditworthiness of Borrower; and (D) Beneficiary has 2