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201704864
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201704864
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Last modified
12/9/2019 6:33:56 PM
Creation date
7/21/2017 4:14:20 PM
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DEEDS
Inst Number
201704864
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NOW THEREAFTER, The Lender made the Borrower a $300,000.00 loan on <br />II 1 201 . The Lender's loan is secured by the Deed of Trust and real estate <br />scr ed above. The Government loan will also be secured by the real estate described above. <br />To induce the Government to make this loan the Lender agrees that only the Lender's Promissory <br />Note dated ( �'?, ?,Ol" - 1 in the principal amount of $300,000.00 would hold a lien <br />priority ahead o the overnment indebtedness and that all of the Lender's other existing loans to <br />the Borrower and future loans made to the Borrower which would be secured by the cross - <br />collateralization and/or future advance clauses in the Lender's Deed of Trusts are hereby <br />subordinated in favor of the Government's lien and would hold a junior lien position to the <br />Government indebtedness on the real estate described above. <br />The total principal amount holding a lien priority ahead of the Government Promissory Note in <br />the amount of $300,000.00, secured by the Le der's Deed of Trust at any one time shall not <br />exceed the Lender's Promissory Note dated 13� 2Zfl in the principal amount of <br />$300,000.00. This limitation of amount does oot elude interest and protective advances <br />pursuant to the Lender's $300,000.00 Promissory Note. <br />T?k <br />Dated the �j day of , 2017. <br />STATE OF NEBRASKA <br />COUNTY OF <br />(SEAL) <br />(8/7/13) <br />GENERAL NOTARY - State of Nebraska <br />SARAH B. <br />My Comm. Exp. February 7, 2019 <br />Farm Credit Services of America, FLCA <br />By:G <br />(Title) Manua" C) <br />ss ACKNOWLEDGMENT <br />The foregoing in trument was acknowledged before me on the 2 j day of <br />on behalf of Farm Credit Services of America FLCK . <br />Notary Public <br />201704864 <br />Page 2 of 2 <br />, 2017, <br />
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