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200204562 <br />SUBORDINATION AGREEMENT <br />WHEREAS, on July 6 1999 <br />(Date) <br />Albert & Dainnel Benaivdz ( "Borrowers ") <br />executed a mortgage in favor of Five <br />Points Bank ( "Creditor ") <br />encumbering the following described real property: <br />Lot 42, Block 1, Dale Roush Second Subdivision, In Hall County, Nebraska <br />which secured an original indebtedness in the amount of $ 4.255.50 and was recorded on <br />July 12 ,1999 , in Volume 99 , Page 1069On the public records of <br />Hall County, State of Nebraska <br />WHEREAS, thereafter on September 7 , 2001 , Borrowers executed or will <br />(Date) <br />execute a certain mortgage in favor of CitiFinancial AS DOCUMENT#0200204017 <br />( "CitiFinancial") securing an original indebtedness in the amount of $ 71359.98 , 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 First mortgage lien prior in dignity to Creditor's <br />mortgage as herein described. <br />f313 I of 2 8/2000 <br />