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200208620 <br />any indebtedness then owed to that Bank by any of the Debtors, <br />the net proceeds of the sale shall first be paid over by the <br />officer or Trustee who conducts the sale to The Bank of Doniphan. <br />C. Prior to the default by any Debtor on any of <br />Debtors' obligations to The Bank, Pauline Mazankowski shall be <br />entitled to receive free from any claims of The Bank all <br />scheduled payments due to her under the terms of the Deed of <br />Trust and the note which it secures. However, Pauline <br />Mazankowski shall not accept any payments from Debtors before <br />they are due. Pauline Mazankowski shall pay over to The Bank any <br />and all payments she receives from Debtors after any Debtor <br />becomes in default on any indebtedness owed by any Debtor to The <br />Bank. <br />This Subordination Agreement is binding upon Pauline <br />Mazankowski and upon her heirs and personal representatives and <br />assigns of any indebtedness owing to her by any Debtor and upon <br />any assignee of the Deed of Trust. <br />�L <br />Executed at Hall County, Nebraska, on this S day of June, <br />2002. <br />Pauline Ma`z ankowsk <br />STATE OF NEBRASKA <br />(ss: <br />COUNTY OF HALL ) <br />4� <br />On this S day of June, 2002, before me, the undersigned, <br />a Notary Public, duly commissioned and qualified for in said <br />County, personally came Pauline Mazankowski., to me known to be <br />the identical person whose name is affixed to the foregoing <br />instrument and acknowledged the execution thereof to be her <br />voluntary act and deed. <br />Witness my hand and Notarial Seal the day and year last <br />above written. <br />���iJa79�J <br />Not P tic <br />6pFAnLNCRAY -Smea Xeenga <br />TERRY K RATHMAN <br />1pCm=B*.Oa21,20R <br />2 <br />