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<br />SUBORDINATION OF DEED OF TRUST
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<br />This instrument is made as of June ZZ -"—? 2004, by Five Points Bank ( "Lienholder "), a corporation having its principal place
<br />of business at Grand Island, Nebraska.
<br />RECITALS
<br />NO
<br />A. Lienholder is the holder of the beneficial interest in a note secured by a deed of trust (the "Second Deed of Trust ") on the
<br />mortgaged property, dated June 12, 2002, executed by Gordon P Blake and Rosemary Blake, Husband and Wife, and recorded on
<br />June 19, 2002, as Document No. 200206507 in the office of the Register of Deeds of Hall County, Nebraska, and further
<br />described as follows (the "Mortgaged Property"):
<br />Lot One (1), Block Four (4), in Bel -Air Addition to the City of Grand Island, Hall County, Nebraska
<br />B. The Second Deed of Trust held by Lienholder is junior and subordinate to a deed of trust (the "First Deed of Trust ") held by
<br />Major Mortgage, it's successors and /or assigns, on the Mortgaged Property. Gorden P Blake and Rosemary Blake, the owners
<br />( "Owner ") of the Mortgaged Property desire to refinance the First Deed of Trust loan on the Mortgaged Property.
<br />For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Lienholder agrees as follows:
<br />1. The Second Deed of Trust held by Lienholder shall be subject and subordinate to a new deed of trust ( "New Deed of Trust ")
<br />securing a loan originated by Major Mortgage, it's Successors and /or assigns, pertaining to the Mortgaged Property and securing
<br />a note dated on or around June 23, 2004, in an original principal amount not to exceed Ninety One thousand Six Hundred dollars
<br />($91,600.00), bearing interest at a rate not to exceed Six and One - Quarer percent (6.250 %) per annum, and made primarily for the
<br />purpose of refinancing the First Deed of Trust loan. fie. -k9&0q _66 y8&
<br />2. Lienholder acknowledges that Major Mortgage, it's successors and /or assigns, is relying on this instrument in making the loan
<br />secured by the New Deed of Trust. Lienholder agrees that the New Deed of Trust shall have the same validity, priority, and
<br />effect as if executed, delivered and recorded prior to the date of the Second Deed of Trust provided, however, that nothing in this
<br />instrument shall in any way alter, change or modify the terms and conditions of the Second Deed of Trust, or in any way release
<br />or affect the validity or priority of the Second Deed of Trust, except as provided herein.
<br />Entered into this 2 1 day of June, 2004.
<br />( "Lienholder ")
<br />By:�
<br />Name: V, T Z b lc .�
<br />Title: 1 yl o, f� L,1 .; ,J
<br />STATE OF NEBRASKA
<br />COUNTY OF HALL
<br />On this 7 Z" day of June, 2004, before me a Notary Public, personally appeared V L III r, Z G Ic <•`
<br />, to me personally known to be the 1110,,,,, u 41 Le&-, d of Five Points Bank,
<br />by me duly sworn, subscribed their name to the foregoing instrument as an officer of said corporation and acknowledged the
<br />execution of such instrument as the voluntary act and deed of said corporation.
<br />My Commission Expires: .
<br />X ERAL NOTARY- StateofNebraska Notary Public
<br />K.A. 46GOOSIC
<br />My Comm. Exp. May 1, 2005
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