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201804603
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201804603
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Last modified
7/18/2018 3:57:20 PM
Creation date
7/18/2018 3:57:20 PM
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DEEDS
Inst Number
201804603
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201804603 <br />NOW THEREAFTER, The Lender made the Borrower a $480,000.00 loan on <br />09/07/2017. The Lender's loan is secured by the Deed of Trust and real estate described above. <br />The Government loan will also be secured by the real estate described above. To induce the <br />Government to make this loan the Lender agrees that only the Lender's Promissory Note dated <br />09/07/2017 in the principal amount of $480,000.00 would hold a lien priority ahead of the <br />Government indebtedness and that all of the Lender's other existing loans to the Borrower and <br />future loans made to the Borrower which would be secured by the cross - collateralization and/or <br />future advance clauses in the Lender's Deed of Trusts are hereby subordinated in favor of the <br />Government's lien and would hold a junior lien position to the Government indebtedness on the <br />real estate described above. <br />The total principal amount holding a lien priority ahead of the Government Promissory <br />Note in the amount of $300,000.00, secured by the Lender's Deed of Trust at any one time shall <br />not exceed the Lender's Promissory Note dated 09/07/2017 in the principal amount of <br />$480,000.00. This limitation of amount does not include interest and protective advances <br />pursuant to the Lender's $480,000.00 Promissory Note. <br />Dated the /b of , 20 1g <br />Farm Credit Services of America, FLCA <br />STATE OF NEBRASKA ) <br />) ss ACKNOWLEDGMENT <br />COUNTY OF wc-s c ) <br />The foregoing instrument was acknowledged before me on the ) b day of 3".-1 c� <br />20 /8, by lo.cc Sc , , on behalf of Farm Credit Services of America, FLCA. <br />r an c: 0 q -i ce r <br />(SEAL) <br />(8/7/13) <br />GENERAL NOTARY - State ol Nebraska <br />ECHO A. ALCORN <br />My Comm. Exp. March 21, 2022 <br />La.94k. cuz_.____2 <br />Notary Public <br />csl-No . 4 Al c8 r <br />Page 2 of 2 <br />
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