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SUBORDINATION AGREEMENT Return recorded document to: Charter West Bank, 714 N Diers Ave, Grand Island NE 68803 THIS AGREEMENT made and entered into this 901 day of Corporation. STATE OF NEBRASKA, COUNTY OF ADAMS, ss: by written. T e foregoing instrument was acknowledged before rlt pi (q 114 jes ealEMLNOTPErf State DI NeI TCM FiAST I S My Comm. Epp. March t, 2020 WHEREAS, Housing Development Corporation before extended credit to Lenis A Rivera Barrientos aka Lenis A Rivera and Maria D Rivera, (borrower), and has taken and received a mortgage in the sum of $15,000.00 dated September 23 2009, on the following described real estate: The West Half (W1 /2) of Lots One (1) and Three (3), Block Twenty -One (21), in University Place, an Addition to the City of Grand Island, Hall County, Nebraska. which mortgage is filed of record on September 28 2009 as Document No. 0200907820, in the office of the Hall County Register of Deeds. WHEREAS, Charter West Bank is willing to extend further credit to the above -named debtor, and Housing Development Corporation executes this Subordination Agreement for that purpose. NOW THEREFORE, in consideration of the premises of other valuable considerations, the receipt and sufficiency of which is hereby acknowledged that Housing Development Corporation does hereby agree and consent that its real estate mortgage, above - referenced, upon the above - described real estate is and shall continue to be subject and subordinate in priority, claim, and interest to the rights, claims and lien of Charter West Bank mortgage dated May 8 2017, on the above - described real estate; that this Subordination Agreement shall be filed with the Register of Deeds of Hall County, Nebraska ; that, therefore, because of this agreement, Charter West Bank mortgage dated May 8 2017, in the sum of $87,500.00, filed as Document No.2 0 /'70.3 /56 shall be considered a first mortgage on the above - described real estate, and Housing Development Corporation shall be considered a second mortgage on said real estate. IN WITNESS WHEREOF, this agreement has been duly executed by the parties hereto. HOUSING DEVELOPMENT CORPORATION By: In witness whereof, I have hereunto set my hand ,y. ffixed my notaria -seal the day and year last above I• 4d Aa41 ' `_ Notary Publi 201703157 , 2017, by Housing Development o me this ! day of j4lt , 2017, on behalf of said corporation.