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202000584
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Last modified
1/27/2020 11:49:04 AM
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1/27/2020 11:49:04 AM
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DEEDS
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202000584
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FSA -2300-7 NE <br />N <br />n= <br />CT) <br />rte) <br />(;) <br />C.) <br />F--4 <br />O <br />CD <br />a) <br />rn <br />.1... CL <br />Return to: Farm Service Agency <br />703 S Webb Rd, Suite A <br />Grand Island NE 68803 <br />LIMITED SUBORDINATION TO THE GOVERNMENT <br />WHEREAS the Western National Bank (hereinafter called the "Lender") of 415 High <br />Street, Cairo, NE 68824 is the owner and holder of the following described instrument(s) executed by <br />Jason R. Rauert, a single person, of Hall County, State of Nebraska, (hereinafter called the "Borrower"). <br />Type of Date of Date <br />Instrument Instrument Filed <br />Office <br />Filed <br />Document File Page <br />or Book No. Number <br />Deed of Trust <br />I -aa -ate 1 -)(I -do to <br />Hall County 00582 <br />Register of Deeds <br />AND WHEREAS the United States of America, acting through the Farm Service Agency, United <br />States Department of Agriculture (hereafter called the "Government"), has agreed to loan $410,000.00 to <br />the Borrower for the following purposes: <br />Purchase real estate in Hall County, Nebraska <br />THEREFORE, in consideration of the Government's agreement to make such loan to the <br />Borrower, the Lender (a) consents to the Borrower obtaining the loan from the Government for such <br />purposes; and (b) agrees to and does subordinate, as described below, in favor of the Government and its <br />successors and assigns its liens and security interests created or evidenced by the above-described <br />instruments insofar as they cover the following described property: <br />North Half of the Northwest Quarter (N1/2 N W 1 /4), the Southeast Quarter of the Northwest Quarter (SE 1 /4 <br />NW1/4), and the East Half of the Southwest Quarter (E1/2 SW1/4), all in Section Twenty -Eight (28), Township <br />Twelve (12) North, Range Ten (10) West of the 6th P.M., in Hall County, Nebraska. <br />NOW THEREAFTER, The Lender made the Borrower a $410,000.00 loan on J2,7 • Z Z , 2020. <br />The Lender's loan is secured by the Deed of Trust and real estate described above. The Government loan <br />will also be secured by the real estate described above. To induce the Government to make this loan the <br />Lender agrees that only the Lender's Promissory Note dated Tn. Z Z- , 2020 in the principal amount <br />of $410,000.00 would hold a lien priority ahead of the Government indebtedness and that all of the <br />
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