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. <br /> ��- • � <br /> � C��, lO�r�� <br /> NOW THEREFORE, in consideration of the covenants contained herein, the parties <br /> agree as follows: <br /> 1. Subordination. Leinholder agrees to and hereby does subordinate its second <br /> mortgage lien in the Property to a new first mortgage lien to be filed by the Lender in order <br /> to refinance its existing first mortgage. <br /> 2. Effect. The Lender agrees that Leinholder's second mortgage shall in no way be <br /> impaired or affected by this Agreement except, that the second mortgage lien shall stand <br /> junior and subordinate to the Lender's new first mortgage in the same manner and to the <br /> same extent as if the Lender's new first mortgage had been filed prior to the execution and <br /> recording of the Lienholder's second mortgage. <br /> _.__.._.,. <br /> In Witness Whereof, the parties have executed this Subordination Agreement as on <br /> the date and year first above written. <br /> ��CHc'D�j � <br /> 1,�4C,�'�pNY�R�r6'�G'� <br /> BELL FEDERAL CREDIT IINION y <br /> ("Lienholder") � <br /> � <br /> Q,�, <br /> x §�r� �Q <br /> BY 2��..� -��._.�...-�����:5��-�= <br /> State of RASKA ) <br /> County of , ) SS <br /> On this /,j day of , l lgf, before me a notary public in and for the <br /> above county and state, appear (J � ;[�,� <br /> who stated that he/she is the (J�{r(,�,,���Q�G� ��-of,��,�Q� �� �.�y�'{p� <br /> and acknowledged that he/she signed and delivered this instrument as a free and volunta,rv <br /> act and the free and voluntary act of the corporation. <br /> 6EMEt1Al.MOTARYSb!!N Nlsfnb Notary Public <br /> NMFL#4377 8/97 � M�Y�� Page 2 of 2 <br /> — �Ci011Mp.(�.��� <br />