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SUBORDINATION AGREEMENT
<br />The Bank of Wood River dba Heritage Bank Grand Island, Grand Island,
<br />Nebraska, hereinafter called Bank, is the owner and holder of certain instruments
<br />executed by Duane P. Versaw and Myra L. Versaw, hereinafter called borrower, of Hall
<br />County, Nebraska, creating a lien and security interest in the following described real
<br />estate recorded as document no. 0200001347
<br />And, Commercial Federal Bank, Omaha, Nebraska, hereinafter called new lender
<br />has loaned money to borrower, provided new lender receives a Deed of Trust and first
<br />lien on the foregoing described real estate to secure the performance of all terms and
<br />conditions of the secured promissory note and any payments thereunder, recorded as
<br />Document No. 200200261.
<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 ONE (1), SUNSET SIXTH SUBDIVISION, CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />IN WITNESS WHEREOF, Bank of Wood River dba Heritage Bank Grand Island, Grand
<br />Island, Nebraska, has caused this Subordination to be signed on the day of
<br />& mbw , 20o I .
<br />Bank of Wood River dba Heritage Bank
<br />Grand Island
<br />BY:
<br />State of Nebraska )
<br />County of Hall )
<br />On this day ofr , 200 /, before me, the
<br />su scriber, a Notary Public in and for the above County and State, appeared
<br />} { V P, of the Bank of Wood River dba Heritage Bank Grand Island
<br />and the person A6 executed the foregoing instrument, and acknowledged to me that
<br />he /she executed the same as the free act and deed of 4fu, 7F for the
<br />uses and purposes therein mentioned.
<br />My commission expires:
<br />GENERAL NOTARY -State of Nebraska
<br />III MICHELLE L. HUNT
<br />_ My Comm. Eo. Aug. 16. 2003
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<br />200200322
<br />SUBORDINATION AGREEMENT
<br />The Bank of Wood River dba Heritage Bank Grand Island, Grand Island,
<br />Nebraska, hereinafter called Bank, is the owner and holder of certain instruments
<br />executed by Duane P. Versaw and Myra L. Versaw, hereinafter called borrower, of Hall
<br />County, Nebraska, creating a lien and security interest in the following described real
<br />estate recorded as document no. 0200001347
<br />And, Commercial Federal Bank, Omaha, Nebraska, hereinafter called new lender
<br />has loaned money to borrower, provided new lender receives a Deed of Trust and first
<br />lien on the foregoing described real estate to secure the performance of all terms and
<br />conditions of the secured promissory note and any payments thereunder, recorded as
<br />Document No. 200200261.
<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 ONE (1), SUNSET SIXTH SUBDIVISION, CITY OF GRAND ISLAND, HALL
<br />COUNTY, NEBRASKA.
<br />IN WITNESS WHEREOF, Bank of Wood River dba Heritage Bank Grand Island, Grand
<br />Island, Nebraska, has caused this Subordination to be signed on the day of
<br />& mbw , 20o I .
<br />Bank of Wood River dba Heritage Bank
<br />Grand Island
<br />BY:
<br />State of Nebraska )
<br />County of Hall )
<br />On this day ofr , 200 /, before me, the
<br />su scriber, a Notary Public in and for the above County and State, appeared
<br />} { V P, of the Bank of Wood River dba Heritage Bank Grand Island
<br />and the person A6 executed the foregoing instrument, and acknowledged to me that
<br />he /she executed the same as the free act and deed of 4fu, 7F for the
<br />uses and purposes therein mentioned.
<br />My commission expires:
<br />GENERAL NOTARY -State of Nebraska
<br />III MICHELLE L. HUNT
<br />_ My Comm. Eo. Aug. 16. 2003
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<br />o.
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