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y <br />D <br />N <br />\I <br />20020029'7 <br />t"9 <br />z <br />M <br />0 <br />T; <br />0 <br />,art <br />C <br />N N <br />z •• <br />n n <br />M CIA <br />X <br />SUBORDINATION AGREEMENT <br />WHEREAS, on March 28th 2000 , <br />(Date) <br />Grant II Crows Harlan and Sandy S. Harlan (`Borrowers ") <br />(husband and wife) <br />executed a mortgage in favor of ASSrx-i aces Fi nanni a 1 Services <br />Company Inc, ( "Creditor ") <br />encumbering the following described real property: <br />M <br />G-) <br />O 1� <br />rn <br />rn <br />0 <br />Lot Forty -One (41), RAvenwood Subdivision, Hall County Nebraska. <br />G- n CIS <br />N O -i <br />c n <br />O <br />O � <br />CD -n Z <br />z M <br />y m <br />r <br />r v <br />CD <br />D <br />Cn <br />which secured an original indebtedness in the amount of $ 20, 354, 21 ** and was recorded on <br />March 30rd, 2000 , in Volume 2000 , Page 02447, in the public records of <br />Hall County, State of Nebraska <br />WHEREAS, thereafter on December 17, 2001 , Borrowers executed or will <br />(Date) <br />execute a certain mortgage in favor of CitiFinancial Inc- (Mp) <br />( "CitiFinancial ") securing an original indebtedness in the amount of $1350,592 -,96* , which will be recorded in <br />the public records of Hall County, and which mortgage likewise encumbers the above - <br />described property; <br />WHEREAS, CitiFinancial is not willing and will not make the loan desired by the Borrowers unless <br />CitiFinancial's mortgage is a first mortgage prior in dignity and in every respect to the aforesaid <br />mortgage of Creditor; <br />NOW, THEREFORE, in consideration of the sum of One Dollar ($1.00) and other valuable consideration <br />to Creditor in hand paid, the receipt of which is hereby acknowledged, Creditor does hereby subordinate its <br />mortgage to the above - described mortgage in favor of CitiFinancial and does hereby intend by this Agreement that <br />the mortgage in favor of CitiFinancial shall be a -- f irSt mortgage lien prior in dignity to Creditor's <br />mortgage as herein described. <br />IN WITNESS WHEREOF, Creditor has signed this a reement intending to be legally bound on this <br />7th day of January <br />Witn sses:��� <br />TITLE: VP Mortgaore Relea- _G <br />STATE OF �n1 ®laraslra <br />COUNTY OF__ . _ Hall ._ <br />On this, the 7th day of TanllarV , Xeundersigned <br />officer, personally appeared Darla M. Polak who acknowledged that he /she <br />is the Vice Preseident of Mortgag R 1 aS S and that he /she, being <br />authorized to do so, executed the foregoing instrument for the purposes therein contained by <br />signing the name of the corporation by himself/herself as such officer /authorized person. <br />In Witness Whereof, I hereunto set my hand and official seal. <br />O M <br />N <br />CD r� <br />--e <br />OC2. <br />N CA <br />CD- <br />CDCA <br />N� <br />COE3 <br />co <br />?i <br />o <br />v� <br />