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202101462
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Last modified
3/11/2021 10:43:20 AM
Creation date
2/22/2021 4:07:48 PM
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DEEDS
Inst Number
202101462
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202101462, <br />NOW THEREAFTER, The Lender made the Borrower a $107,500.00 loan on _ <br />February 19, 2021 . The Lender's loan is secured by the Deed of Trust and real estate described <br />above. The Government loan will also be secured by the real estate described above. To induce <br />the Government to make this loan the Lender agrees that only the Lender's Promissory Note <br />dated (Lenders) in the principal amount of $107,500.00 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 secured by the Lender's Deed of Trust, holding a lien priority <br />ahead of the Govermnent Promissory Note in the amount of $107,500.00, at any one time shall <br />not exceed the Lender's Promissory Note dated February 19, 2021 in the principal amount of <br />$107,500.00. This limitation of amount does not include interest and protective advances <br />pursuant to the Lender's $107,500.00 Promissory Note. <br />Dated the 19 day of j-cig-s , 201?/ <br />Adams County Bank <br />By: <br />STATE OF NEBRASKA <br />COUNTY OF Alm <br />) ss ACKNOWLEDGMENT <br />The foregoing instrument was acknowledged before me on the 1c9 day of Rebs wGty <br />20? (, by � L„, Kt , it 1 64g -behalf behalf of Adams County Bank. <br />(SEAL) <br />(11-29-18) <br />Notary Public <br />Page 2 of 2 <br />
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