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;a c7 r-' <br />T = �+ <br />_ > Z 0 _ <br />M CA v <br />N <br />7C N O ---i O rTY <br />• C_ z N <br />r ^1 M z -t rn CD <br />M O R <br />o <br />vl o <br />"n O t= <br />cj O so <br />Z3 r O CAA <br />CM U) O C <br />..� .. cc <br />Cn <br />\ (n <br />tZ <br />200200047 ca <br />SUBORDINATION AGREEMENT <br />The Commercial Federal Bank, Omaha, Nebraska, hereinafter called Bank, is the <br />owner and holder of certain instruments executed by Andrew M. Schwan and Joan E. <br />Schwan, hereinafter called borrower, of Hall County, Nebraska, creating a lien and <br />security interest in the following described real estate recorded as document no. 97- <br />109847 <br />And, Heritage Bank, Grand Island, Nebraska, hereinafter called new lender has <br />loaned money to borrower in the amount of $63,500, provided new lender receives a <br />Deed of Trust and first lien on the foregoing described real estate to secure the <br />performance of all terms and conditions of the secured promissory note and any <br />payments thereunder. <br />THEREFORE, in consideration of the above Bank agrees to and hereby <br />subordinates in favor of new lender, and its successors and assigns, all its liens or security <br />interests executed by borrower, insofar as they cover the following described property: <br />LOT 18, MARYLANE SUBDIVISION, CITY OF GRAND ISLAND, HALL COUNTY, <br />NEBRASKA. <br />IN WITNESS WHEREOF, Commercial Federal Bank, Omaha, Nebraska, has caused this <br />Subordination to be signed on the X- day of JUcA nL---r- , 20 a/ . <br />BY: G, •Toh� sin - v, c e /Q,�2 eQ.c��, <br />State of Nebraska ) <br />County of t�o�jJla <br />On this d(v day of �Qe.c�,n� -�- , 20_q / ,before me, the <br />subscriber, a Notary Public in and for the above County and State, appeared <br />6J &P J-phn -,on , of the Commercial Federal Bank and the person who executed <br />the foregoing instrument, and acknowledged to me that he /she executed the same as the <br />free act and deed of .S 0..r J cx, rfar a-76-on for the uses end purposes therein <br />mentioned. <br />Notary Public <br />My commission expires: <br />GENERAL NGTARI -State Of NObfasAa <br />!'SA JOHNS <br />) )r3 <br />