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202504019
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Last modified
7/23/2025 4:30:29 PM
Creation date
7/23/2025 4:30:28 PM
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DEEDS
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202504019
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202504019 <br />FSA-2300-7 NE (12-27-23) 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) JULY 23, 2025 whose principal <br />balance does not exceed the Maximum Lien Amount(s) of (14): $ 550,575.00 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) --_23 a s- <br />(Date) <br />(16) Name of Lienholder's Representative (17) Title <br />16, r6 �� <br />(18) Signat <br />17. ACKNOWLEDGEMENT <br />STATE OF NEBRASKA <br />ss <br />COUNTY OF ' ` ) <br />The foregoirw instrument was acknowledged before me on the 2` day of _ u , 20 , by <br />N j cAotQS3 . Tszn. , on behalf of FIRST DAKOTA NATIONAL <br />(SEAL) <br />Notary PuGlic <br />,,Iru <br />P <br />A GENERAL NOTARY - State of Nebraska <br />44 TRICIA CAMPLIN <br />`� My Comm. Exp. June 2, 2026 <br />
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