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In consideration of the sum of $1.00 and other valuable consideration, GNR Development <br />Corp does hereby subordinate their Deed of Trust upon the following described premises: <br />Lot Ten (10), Block One (1), Pleasant View Twelfth Subdivision to the City of Grand <br />Island, Hall County, Nebraska. <br />which Deed of Trust is recorded as Instrument Number 200305012 certain Deed of Trust in favor <br />of Heritage Bank, Grand Island, Nebraska which is dated which is <br />recorded as document number 2 0 0 3 0 7 7 9 8 in the records of the Register of Deeds, of Hall <br />County, Nebraska, and does expressly make the Deed of Trust held by it junior and inferior to <br />the Deed of Trust Held by the said Heritage Bank, Grand Island and to the indebtedness secured <br />by the same. ** *dated June 1, 2003 <br />This agreement shall be binding upon and shall inure to the benefit of the parties hereto <br />their respective successors, heirs and assigns. <br />Dated this 6 day of L/�0 , 2003. <br />GNR Develo ment Corp <br />BY: <br />Greg Skiver <br />Pres dent <br />STATE OF NEBRASKA) <br />) ss. <br />COUNTY ) <br />On this 1a day of , 2003 before me, a Notary Public, personally came Greg J. <br />Van Skiver known to me to be the President of GNR Development Corp and the identical person <br />whose name is subscribed to the foregoing instrument and acknowledged the execution thereof to <br />be his voluntary act and deed. <br />Witness my hand and notarial seal at Nebraska in said county, the date <br />aforesaid. <br />(�'� - � - )L.,.- <br />Notary Public <br />�ENERAL NOTARY -State of Nebraska <br />ANGELA SUE PINKERMAN <br />My Conan. Exp. Oct. 23.2006 <br />�v <br />M <br />= <br />R7 <br />C <br />m <br />N <br />ry <br />n <br />z <br />n <br />_ <br />om <br />D <br />N <br />M) <br />M <br />_ r':' <br />_ <br />z -> <br />m <br />Cl <br />cti <br />o <br />` <br />O <br />W <br />N <br />rn <br />-a <br />a C- <br />O <br />rn' <br />[- > <br />N <br />GO <br />x <br />Ca <br />v • .i <br />� <br />2oo3os�9s <br />°' <br />SUBORDINATION <br />AGREEMENT <br />In consideration of the sum of $1.00 and other valuable consideration, GNR Development <br />Corp does hereby subordinate their Deed of Trust upon the following described premises: <br />Lot Ten (10), Block One (1), Pleasant View Twelfth Subdivision to the City of Grand <br />Island, Hall County, Nebraska. <br />which Deed of Trust is recorded as Instrument Number 200305012 certain Deed of Trust in favor <br />of Heritage Bank, Grand Island, Nebraska which is dated which is <br />recorded as document number 2 0 0 3 0 7 7 9 8 in the records of the Register of Deeds, of Hall <br />County, Nebraska, and does expressly make the Deed of Trust held by it junior and inferior to <br />the Deed of Trust Held by the said Heritage Bank, Grand Island and to the indebtedness secured <br />by the same. ** *dated June 1, 2003 <br />This agreement shall be binding upon and shall inure to the benefit of the parties hereto <br />their respective successors, heirs and assigns. <br />Dated this 6 day of L/�0 , 2003. <br />GNR Develo ment Corp <br />BY: <br />Greg Skiver <br />Pres dent <br />STATE OF NEBRASKA) <br />) ss. <br />COUNTY ) <br />On this 1a day of , 2003 before me, a Notary Public, personally came Greg J. <br />Van Skiver known to me to be the President of GNR Development Corp and the identical person <br />whose name is subscribed to the foregoing instrument and acknowledged the execution thereof to <br />be his voluntary act and deed. <br />Witness my hand and notarial seal at Nebraska in said county, the date <br />aforesaid. <br />(�'� - � - )L.,.- <br />Notary Public <br />�ENERAL NOTARY -State of Nebraska <br />ANGELA SUE PINKERMAN <br />My Conan. Exp. Oct. 23.2006 <br />