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• 6 <br /> 99 10 �� 44 <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 /> In Witness Whereof, the parties have executed this Subordination Agreement as on <br /> the date and year first above written. <br /> HOME FEDERAL SAVINGS AND LOAN ASSOCIATION <br /> ("Lienho der") <br /> BY . i�< e r�r S• gy <br /> State of NEBRASKA ) <br /> County of HALL ) SS <br /> On this 2 day of JIILY , 1999, before me a notary public in and for the <br /> above county and state, appeared ;$°re:.� /��,�z.„„�� <br /> who stated that he/she is the(J�e c _ �1��-�c...l� of HOME FEDERAL SAVINGS � LOAN ASSN <br /> and acknowledged that he/she signed and delivered this instrument as a free and voluntary <br /> act and the free and voluntary act of the corporation. <br /> � � <br /> ; <br /> Not Public <br /> NMFLx 4377 B/97 <br /> II �ENERAL NOTARY SUM of Nebr�sk� Paee 2 ot 2 <br /> �+ACALYN A.AYOUB <br /> Mp Comm.Exp.,h�ryr 16,2002 <br />