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M p n p <br />T N O <br />soa <br />r) f1 z <br />I4 S <br />s N <br />LD <br />m O <br />O <br />20021016 r S <br />SUBORDINATION AGREEMENT m <br />/v.S0 <br />THIS AGREEMENT made and executed this 23` day of September, 2002, by and between HOME FEDERAL SAVINGS <br />AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred to as "Subordinating Creditor' (whether one or more), and <br />HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND ISLAND, hereinafter referred to as "Secured Party ". <br />WITNESSETH: <br />WHEREAS, MARK A VANOSDALL and LISA D VANOSDALL, (whether one or more), hereinafter referred to as <br />"Debtor', has granted to the Subordinating Creditor a Mortgage or Deed of Trust dated June 3, 2000, and filed of record in the office <br />ofthe Hall County Register of Deeds, on the 12u day of June, 2000, as Document No. 200004749 in respect to that real estate <br />described as: <br />LOT TWENTY -NINE (29), R & B SUBDIVISION, IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />WHEREAS, the Secured Party has agreed to enter into a loan transaction with the Debtor, whereby certain funds are to be <br />advanced to the Debtor conditional upon the Debtor providing the Secured Party with a first lien in respect to the above described real <br />estate, hereinafter referred to as the "Collateral"; and <br />WHEREAS, the Subordinating Creditor is willing to subordinate any lien it may have in respect to the Collateral by reason of <br />Subordinating Creditor's Mortgage or Deed of Trust of record to perfect security whenever and wherever filed in order to assure the <br />Secured Party of a first lien position in and to the Collateral; <br />NOW, THEREFORE, it is agreed: <br />N <br />