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6LL900Z0Z <br />Prepared by & return to: <br />Union Bank and Trust Co. <br />Loan Operations -Calvert 3 <br />4732 Calvert Street <br />Lincoln NE 68501 <br />402.323.1550 <br />Deed of Trust Subordination Agreement <br />rn <br />ff) <br />2003901885 <br />This Agreement is made this 12th day of August, 2020 by and between Union Bank and Trust <br />Company ("Lender"), and Union Bank and Trust Company ("Refinancer"). <br />Lender is the beneficiary under a Deed of Trust (the "Junior Deed of Trust") executed by Jeffrey <br />J Kostbahn and Diane K Kostbahn, husband and wife, Trustor ("Borrower") to Union Bank and Trust <br />Company, Trustee and Beneficiary to secure the sum of $10,000.00 dated May 1, 2020 and filed in the <br />office of the Register of Deeds, Hall County, Nebraska on May 6, 2020 as Instrument No. 202002808 <br />encumbering the real property described therein (collectively, the "Property"). Refinancer is the Lender <br />under a Deed of Trust (the "Senior Deed of Trust") to be executed by Borrower encumbering the property <br />described herein. To induce Refinancer to make a loan to the Borrower secured by the Senior Deed of <br />Trust, Lender has agreed to execute and deliver this Subordination Agreement. <br />ACCORDINGLY, in consideration of the premises and for other good and valuable <br />consideration, the receipt and sufficiency of which are hereby acknowledged, Lender hereby agrees with <br />Refinancer that the lien of the Junior Deed of Trust on the Property is and shall be and remain fully <br />subordinate for all purposes to the lien of the Senior Deed of Trust on the Property, to the full extent of all <br />sums from time to time secured by the Senior Deed of Trust; provided however, that the total <br />indebtedness secured by the Senior Deed of Trust does not exceed $59,000.00 exclusive to interest <br />thereon, amounts advanced to protect the lien and priority of the Senior Deed of Trust and costs of <br />collection. <br />LEGAL DESCRIPTION: <br />Lot 10, in Block 5, in Country Club Subdivision, an Addition to the City of Grand Island, Hall County, <br />Nebraska. <br />IN WITNESS THEREOF, this Subordination Agreement is executed on the day and year first <br />above stated. <br />Union Bank and Trust Company <br />By: <br />State of Nebraska ) <br />) ss: <br />County of Lancaster ) <br />Mark Kampschneider <br />Loan Operations Specialist <br />The foregoing instrument was acknowledged before me this 12th day of August, 2020 by Mark <br />Kampschneider, Loan Operations Specialist of Union Bank and Trust Company, a Nebraska corporation, <br />on behalf of said corporation. <br />State of Nebraska - General Notary <br />ANDREW DUFFY <br />Cornrcessice Eckert <br />January 30,2021 <br />Notary ublicf' <br />ON 1N3Wf1b1SNI SY 031131N3 <br />