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20040`08,6 ACCORDINGLY, in consideration of the property and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Lien Holder hereby agrees with Lender as follows: Regardless of any priority otherwise available to Lien Holder, the lien of the Subordinated Instrument, as it relates to the herein described property is, shall be and shall remain fully subordinate for all purposes to the lien of the Lender Instrument, to the full extent of the sum secured by the Lender Instrument, including not only principal and interest on the principal indebtedness secured thereby, but all other sums secured by the Lender Instrument, excluding non- obligatory future advance. 2. Lien Holder warrants to Lender that Lien Holder presently owns the Subordinated Instrument and indebtedness secured thereby, free and clear of all liens, security interests and encumbrances. 3. This Agreement is made under the laws of the State of Nebraska. It cannot be waived or changed, except by a writing signed by the parties to be bound thereby. This Agreement is made between Lender and Lien Holder. It shall be binding upon Lien Holder and the successors and assigns of Lien Holder, and shall inure to the benefit of, and shall be enforceable by, Lender and its successors and assigns. Neither the Debtor nor any other person (except Lender, its successors and assigns), shall be entitled to rely on, have the benefit of, or enforce this Agreement. IN WITNESS WHEREOF, this Subordination Agreement is executed on the day And year first above stated. Janine Bayles STATE OF NEBRASKA) COUNTY OF HALL} {uQ The foregoing instrument was acknowledged before me this,_ day of M a L, 2004, by WITNESS my hand and Notary S al. MY COMMISSION EXPIRES Z -,2 O —9- 6 0 C' NOTARY PUBLIC GENERAL NOTARY - State of Nebraska THOMAS J. CORKLE MY Comm. Exp. Feb. 20, 2006