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L� f <br /> 99-s�►ssss <br /> 18. Subordination. Lender and Borrower acknowledge and agree that this Deed <br /> of Trust is subject and subordinate in all respects to the liens, terms, <br /> covenants, and conditions of the Deed of Trust ("First Deed of Trust") securing <br /> a note payable by Borrower to Union Bank and Trust Com any, Grand Island, NE <br /> ("Senior Lien Holder".} and to all advances heretofore made or which :may <br /> hereafter be made pursuant to the First Deed of Trust including a'l1 sums <br /> advanced for the purpose of (a) protecting or further securing the ]�ien of the <br /> First Deed of Trus�,` during defaults by Borrower under the First Deed of Trust, <br /> or for any other purpose expressly permitted by the First Deed of Trust, or (b) <br /> constructing, renovating, repairing, furnishing, fixturing, or equipping the <br /> Property. The terms and provisions of the First Deed of Trust are pazamount <br /> and controlling, and.they supersede any other terms and provisions hereof in <br /> conflict therewith. in the event of a foreclosure or deed in lieu o£ <br /> foreclosure of the.First Deed of Trust, any provisions herein restricting the <br /> use of the Property to low-or moderate-income households or otherwise <br /> restricting Borrowers ability to sell the Property shall have no further force <br /> or effect on subsequent owners or purchasers of the Property. Any person, <br /> including his successors or assigns (other than Borrower or a related entity of <br /> Borrower) , receiving title to the Property through a foreclosure or deed in <br /> lieu of foreclosure of the First Deed of Trust shall receive title to the <br /> Property free and clear from such restrictions. ' <br /> Further, if the Senior Lien Holder acquires title to the Property pursuant to <br /> a deed in lieu of foreclosure, the lien of this Deed of Trust shall <br /> automatically terminate upon the Senior Lien Holder's acquisition of title. <br /> IN WITNESS �TIiEREOF, Trustor has executed this Deed of Trus� a5 of the <br /> date and year first above written. <br /> Trustor Borrower Trustor/Borrower <br /> STATE OF NEBRASKA ' ) <br /> �ss. � <br /> COUNTY OF HALL ) . <br /> The foregoing instrument was acknowledged before me this 8t'' day of June, <br /> 1999, by Coleen K. Dramse, a single person. � <br /> Li%2�/' <br /> ta Public <br /> � �INOTARY,Spka� <br /> �1�t dNpWAROT <br /> ������ <br />