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. �� ~ 99-1aasse Recording Requested By: ` Prepared by Green Tree Financial Servicing Corporation And when recorded return to: Green Tree Financial Servicing Corporation 332 Minnesota St., Suite 610 St. Paul, MN 55101-1311 Attn: HID/Subordinations GT# 15850415 (Space above line for recorder's use) Subordination Agreement Notice: This Subordination Agreement results in your security interest in the property becoming subject to and of lower priority than the lien of some other or later security instrument. This Agreement,made this 29th day of March, 1999 by Marilyn E.Petska,owner of the land hereinafter described and hereinafter referred to as"Owner,"and Green Tree Financial Servicing Corporation,present owner and holder of the deed of trust and note first hereinafter described and hereinafter referred to as"Beneficiary," WITNESSETH Tllat WhCrCaS Marilyn E.Petska did execute a deed of trust,dated September 14, 1998,as trustor,covering: Lots Forty 3ix (46) and Forty Seven (47) in Hagges ' Subdivision of a part of. the NE� of the NW� and a part of the NW� of the NE� of Section Twenty Eight (28) in Township Eleven (11) North, Range Nine (9) West of the 6th P.M. , Hall County, Nebraska to secure a note in the sum of$33,060.SQ dated September 14, 1998 to Rick Damkroger,trustee,in favor of Green Tree Financial Servicing Corporation,which deed of trust was recorded November 19, 1998 in Instrument Number 98-111405 of Official Records of said county;and Whereas. Owner has executed,or is about to execute,a deed of trust and note not to exceed the sum of$118,550.00,dated in favor of,Home Federal Grand Island,hereinafter referred to as"Lender,"payable with interest and upon the terms and conditions described therein,which deed of trust is to be recorded concurrently herewith;and wI1C1'eSS.It is a condition precedent to obtaining said loan that said deed of trust last above mentioned shall unconditionally be and remain at all times,a lien or charge upon the land hereinbefore described,prior and superior to the lien or charge of the deed of trust first above mentioned;and Whereas,Lender is willing to make said loan provided the deed of trust securing the same is a lien or charge upon the above described property prior and superior to the lien or charge of the deed of trust first above mentioned and provided that Beneficiary will specifically subordinate the lien or charge of the deed of trust first above mentioned to the lien or charge of the deed of trust in favor of Lender;and ** Whereas,it is to the mutual benefit of the parties hereto that Lender make such loan to Owner;and Beneficiary is willing that the deed of trust securing the same shall,when recorded,constitute a lien or charge upon said land which is prior and superior to the lien or charge of the deed of trust first above mentioned. Now, Therefore,in consideration of the mutual benefits accruing to the parties hereto and other valuable consideration,the receipt and sufficiency of which consideration is hereby acknowledged,and in order to induce Lender to make the loan above referred to,it is hereby declared,understood and agreed as follows: (1) That said deed of trust securing said note in favor of Lender shall be and remain at all times a lien or charge on the property therein described,prior and superior to the lien or charge of the deed of trust first above mentioned. ** Deed of Trust filed December 18, 1998 in the Register of Deeds Office as DOCUMENT No. 98-112533