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1\ a R m = W S D Z x = n 1 x t or W i� ]ER AS, on NA _A AGREEMENT CHARLES E BLUSCHKE & PATTI A BLDSCHKE ( "Borrowers ") (HUSBAND AND WIFE AS JOINT TENANTS) executed a mortgage in favor of CITIFINANCIAL F /K /A COMMERCIAL CREDIT CORPORATION ( "Creditor ") encumbering the following described real property: LOT SIX (6), BLOCK SEVEN (7), SCHIMMER'S ADDITION, CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. a p` -n which secured an original indebtedness in the amount of $ 60, 337 .85 and was recorded on MAY 11. 1999 ,m INST # 99- 104853 ; in the public records of HALL County, State of NEBRASKA , WHEREAS, thereafter on JULY 10 2002 Borrowers executed or will (Date) execute a certain mortgage in favor of CitTim rcial ( "CitiFinancial ") securing an original indebtedness in the mount of $ 62 300.00 , which will be recorded in the public records of HALL County, and which mortgage likewise encumbers the above - described property; WHEREAS, CitiFinancial is not willing and will not make the loan dewed by the Borrowers unless CitiFimmicial's mortgage is a FIRST POSITION mortgage prior in dignity and in every respect to the aforesaid mortgage of Creditor; NOW, THEREFORE, in consideration of the stun of One Dollar ($1.00) and other valuable consideration to Creditor in hand paid, the receipt of which is hereby acknowledged, Creditor does hereby subordinate its mortgage to the above- described mortgage in favor of CitiFinaicial and does hereby intend by this Agreement that the mortgage in favor of Ciffinancial shall be a FIRST POSITION mortgage lien prior in dignity to Creditor's mortgage as herein described. 011 1 of 2 gao0o sag T 0 v o o n 0 o T o � r a r n m tin Y® > N v cn N 1 O N which secured an original indebtedness in the amount of $ 60, 337 .85 and was recorded on MAY 11. 1999 ,m INST # 99- 104853 ; in the public records of HALL County, State of NEBRASKA , WHEREAS, thereafter on JULY 10 2002 Borrowers executed or will (Date) execute a certain mortgage in favor of CitTim rcial ( "CitiFinancial ") securing an original indebtedness in the mount of $ 62 300.00 , which will be recorded in the public records of HALL County, and which mortgage likewise encumbers the above - described property; WHEREAS, CitiFinancial is not willing and will not make the loan dewed by the Borrowers unless CitiFimmicial's mortgage is a FIRST POSITION mortgage prior in dignity and in every respect to the aforesaid mortgage of Creditor; NOW, THEREFORE, in consideration of the stun of One Dollar ($1.00) and other valuable consideration to Creditor in hand paid, the receipt of which is hereby acknowledged, Creditor does hereby subordinate its mortgage to the above- described mortgage in favor of CitiFinaicial and does hereby intend by this Agreement that the mortgage in favor of Ciffinancial shall be a FIRST POSITION mortgage lien prior in dignity to Creditor's mortgage as herein described. 011 1 of 2 gao0o sag