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202402779
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Last modified
6/20/2024 4:14:44 PM
Creation date
6/20/2024 4:14:44 PM
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DEEDS
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202402779
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FSA -2300-7 NE (12-27-23) <br />202402779 <br />Page 2 of 2 <br />It is specifically understood and agreed this instrument shall not be construed as a subordination of the Prior <br />Indebtedness, defined to be a Note or Debt Instrument dated (13) 06/20/2024 whose principal <br />balance does not exceed the Maximum Lien Amount(s) of (14): $ 489,000.00 and <br />including extensions, renewals or modifications thereof. The Lienholder subordinates any and all future lending <br />secured by the above-described security instruments including any principal in excess of the Maximum Lien <br />Amount (except for Permitted Advances); future advances except Permitted Advances (defined to mean those <br />made for taxes, insurance or payment on other prior liens, or those for which the Lienholder obtains prior written <br />consent of the Government); and any additional lending (regardless of whether now existing or made in the <br />future), however defined, including other notes, lending, credit, advances, and extensions of new principal <br />(including through a modification), secured under a cross -collateralization, future advance, or similar clause. <br />This subordination covers: (1) the amount actually loaned by the Government to the Borrower (principal and <br />accrued interest) for the foregoing purposes, (2) future advances for taxes, insurance, payment of prior liens, and <br />protection of the security, and (3) the amount actually advanced for foreclosure costs made by the Government. <br />IN WITNESS WHEREOF, the lienholder has executed this subordination agreement by signing on <br />(15) _20- <br />(Date) <br />'mho <br />/g. AAl/101/ <br />1-04/1 foo (/GT/ 0.i <br />(16) Name of Lienholder's Representative (17) Title <br />(1) Sign <br />17. ACKNOWLEDGEMENT <br />STATE OF NEBRASKA <br />ss <br />COUNTY OF tla`' <br />The foregoing instrument was acknowledged before me on the <br />1 V 16hr h i T Relnnau, , on behalf of <br />(SEAL) <br />XENERAL NOTARY - State of Nebraska <br />STACIE NOVAKOWSKI <br />My Comm, Exp. August 27, 2025 <br />AD`b day of Tune, , 20 99 , by <br />F- l ko, . Ne+ionni Ear*, <br />No-atiz goo <br />Notary Public <br />
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