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CASA C_ 1 (D ,(S'S
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<br />REFUNDS:
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<br />RECORDEi
<br />HALL COUNTY NE
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<br />INST 1023 0 5 4 3 8 RIB OCT I b P 4: 1 l
<br />l3V211SEIV '1'J
<br />Do not writ/type above this line. Forfling purposes only.
<br />KRISTI WOLD
<br />ASTER OF DEEDS
<br />FORM 5117 (7-2003)
<br />PREPARED BY FARM CREDIT,$ERVICES OF AMERICA, PO BOX 2409 UHING,
<br />MICHELLE
<br />AND RETURN TO OMAHA NE 68103 402-348-3874
<br />CTL 2: 518 CTL 3: CIF: 100213 Note No: 3434695
<br />REAL ESTATE SUBORDINATION AGREEMENT TO THIRD PARTY
<br />Date: 10/16/2023
<br />Mortgagor(s)/Trustor(s):
<br />T&E Cattle Company
<br />Subordinate Mortgagee/Beneficiary:
<br />Gregory Baxter, Lacinda Baxter and Gian Baxter Collins
<br />In consideration of Subordinate Mortgagee/Beneficiary granting or continuing a loan to Mortgagor(s)/Trustor(s),
<br />Farm Credit Services of America PCA hereby agrees to subordinate in favor of Subordinate
<br />Mortgagee/Beneficiary, its successors and assigns, any lien or security i er s 't Servi f A ri
<br />PCA, now has or may acquire under a Trust Deed/Mortgage, recorded in e real estate records of
<br />Hall County, Nebraska, to the extent that Mortgagor(s)/Trustor(s), has granted a security interest to Farm Credit
<br />Services of America, PCA in: A a CQ3C671.37
<br />The Northwest Quarter (NWI/4) of Section Nine (9), Township Eleven (11) North, Range Ten
<br />(10) West of the 6th P.M., Hall County, Nebraska.
<br />The Southeast Quarter (SEI/4) of Section Ten (10), Township Eleven (11) North, Range Ten
<br />(10) West of the 6th P.M., Hall County, Nebraska, Excepting therefrom A TRACT OF LAND
<br />LOCATED IN PART OF THE SOUTHEAST QUARTER (SEI/4) OF SECTION TEN (10),
<br />TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., HALL
<br />COUNTY, NEBRASKA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS:
<br />COMMENCING AT THE SOUTHEAST CORNER OF SECTION 10, TIIN, RIOW;
<br />THENCE ON AN ASSUMED BEARING OF S88°57'02"W, ALONG THE SOUTH LINE OF
<br />SAID SOUTHEAST QUARTER OF SAID SECTION TEN (10), A DISTANCE OF 1737.11
<br />FEET; THENCE N01 °02'58"W A DISTANCE OF 33.01 FEET TO A POINT ON THE
<br />NORTH RIGHT OF WAY LINE OF 13TH STREET; THENCE CONTINUING
<br />N01°02'58"W A DISTANCE OF 64.40 FEET; THENCE N36°37'29"E A DISTANCE OF
<br />229.14 FEET; THENCE N15°43'49"E A DISTANCE OF 735.57 FEET; THENCE
<br />N88°10'52"E A DISTANCE OF 94.20 FEET; THENCE N07°35'59"W A DISTANCE OF
<br />258.00 FEET; THENCE S81°01'28"E A DISTANCE OF 426.61 FEET; THENCE
<br />S45°24'05"E A DISTANCE OF 321.89 FEET; THENCE S50°03'56"E A
<br />DISTANCE OF 141.28 FEET; THENCE S89°09'02"E A DISTANCE OF 545.08 FEET TO A
<br />POINT ON THE WEST RIGHT OF WAY LINE OF ENGLEMAN ROAD; THENCE
<br />S89°08'59"E A DISTANCE OF 33.02 FEET TO A POINT ON THE EAST LINE OF SAID
<br />SOUTHEAST QUARTER; THENCE S00°22'57"E ON SAID EAST LINE OF SOUTHEAST
<br />QUARTER A DISTANCE OF 824.40 FEET TO THE POINT OF BEGINNING.
<br />The East Half of the Northwest Quarter (E1/2NW1/4) of Section Fifteen (15),
<br />Township Eleven (11) North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska.
<br />The Southeast Quarter (SE1/4) of Section Fifteen (15), Township Eleven (11)
<br />North, Range Ten (10) West of the 6th P.M., Hall County, Nebraska, Excepting that
<br />portion thereof conveyed to the Grand Island Rifle Club, by Warranty Deed recorded in Book
<br />98, Page 255 of the Deed Records of Hall County, Nebraska.
<br />This subordination is limited to $4,000.000 or such lesser amount actually loaned to Mortgagor(s)/Trustor(s) by
<br />Subordinate Mortgagee/Beneficiary, including any interest accrued thereon, and will expire on December 1. 2053
<br />or upon earlier payment of amounts loaned to Mortgagor(s)/Trustor(s) by Subordinate Mortgagee/Beneficiary.
<br />Farm Credit Services of America. PCA, specifically retains its security interest in the Trust Deed/Mortgage except
<br />as specifically subordinated to Subordinate Mortgagee/Beneficiary by this agreement.
<br />(SEAL) Farm Credit Services Of America, PCA
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