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SUBORDINATION AGREEMENT 200508478 THIS AGREEMENT is made the 1� day of August, 2005, between First. State Bank of Shelton, Nebraska, hereinafter referred to as "First State ", and Five Points Bank of Grand Island, Nebraska, hereinafter referred to as "Five Points ". WITNESSTH: WHEREAS, First State now owns and holds a Deed of Trust and Promissory Note secured thereby dated October 13, 2004, and recorded as Document No. 0200410113 in the office of the Hall County Register of Deeds covering premise: hereinafter mentioned or a part thereof, and WHEREAS, Heritage Disposal & Storage, L.L.C., a Nebraska Limited Liability Company, the present owner of the premises hereinafter mentioned is about to execute and deliver to Five Points a Line of Credit Promissory Note in an amount up to Eight Hundred Thousand Dollars ($800,000.00) as well as a Deed of Trust to secure the principal sum of said Line of Credit Promissory Note covering the following described premises: A tract of land comprising a part of the Northwest Quarter (NW 1/4) of Section Twenty -Four (24), Township Eleven (11) North, Range Eleven (11) West of the 6"' 1?.M., Hall County, Nebraska, and more particularly described as follows: First to ascertain the point of beginning; start at the northeast corner of said Northwest Quarter (NW 1 /4); thence running westerly, along and upon the north line of the Northwest Quarter (NW 1/4), and also being along and upon a north line of a survey by Lee D. Wagner, Registered Land Surveyor No. 557, dated February 22, 2001, said survey referred to as Tract No. 46, a distance of Six Hundred Thirty -Four and Nine Hundredths (634.09) feet to the northwest corner of said Tract No. 46; thence deflecting left 90° 19'05 " and running southerly, along and upon the west line of said Tract No. 46, a distance of One Thousand Five H,indred Severt,Fi,,e ::and Se,ren Hundredt "c '!,575.07, feet to the ACTUAL point of beginning; thence continuing southerly, along and upon the previously described course, a distance of Four Hundred (400.0) feet to the southwest corner of said Tract No. 46; thence deflecting left 90 °06'35" and running easterly, along and upon the south line of said Tract No. 46; a distance of Four Hundred (400.0) feet; thence deflecting left 89 °53'25" and running northerly, parallel with the west line of said Tract No. 46, a distance of Four Hundred (400.0) feet; thence deflecting left 90 °06'35" and running westerly. parallel with the south line of said "Tract No. 46, a distance of Four Hundred (400.0) feet to the ACTUAL point of beginning and containing 3.673 acres, more or less. WIIEREAS, First State has agreed to subordinate its first Deed of Trust above referenced to the position of Five Points in the manner hereinafter mentioned.