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Account No. 3000025026 200309811
<br />Drafted by: mt I\ C\
<br />This Agreement is made this 24th day of July, 2003, by and between US Bank National Association
<br />ND ('Bank ") and United Nebraska Bank ( "Refinancer ").
<br />Bank is the beneficiary under a deed of trust (the " Junior Deed of Trust ") dated January 19, 2002,
<br />granted by Darwin L Daily and Veronica S Daily, husband and wife ( "Borrower "), and recorded in the office of
<br />the Register of Deeds, Hall County, Nebraska, on March 4, 2002, as 200202392, encumbering the real
<br />property described therein (collectively, the "Proper "). Refinancer is the beneficiary under a deed of trust
<br />(the "Senior Deed of Trust ") dated � 20 <� granted by the
<br />N-orr1 owe r, and recorded in the samg# icg on 20y as
<br />a , �,���- t��X�) `UGC >C,1encumbering the prop—erty. Td induce Refinancer to make a
<br />loan to the Borrower secured by the Senior Deed of Trust, Bank has agreed to execute and deliver this
<br />Subordination Agreement.
<br />ACCORDINGLY, in consideration of the premises and for other good and valuable consideration, the receipt
<br />and sufficiency of which are hereby acknowledged, Bank hereby agrees with Refinancer that the lien of the
<br />Junior Deed of Trust on the Property is and shall be and shall remain fully subordinate for all purposes to the
<br />lien of the Senior Deed of Trust on the Property, to the full extent of all sums from time to time secured by
<br />the Senior Deed of Trust; provided, however, that the total indebtedness secured by the Senior Deed of Trust
<br />does not exceed $88,000.00, exclusive of interest thereon, amounts advanced to protect the lien and priority
<br />of the Senior Deed of Trust, and costs of collection, and provided further, that this agreement shall not be
<br />effective until each other mortgage or other lien recorded against the property (other than the Senior
<br />Mortgage) and each judgment that is a lien against the Property shall be subordinated of record of the lien of
<br />the Senior Mortgage.
<br />Legal Description: LOT 17, BLOCK 4, IN THE REPLAT OF RIVERSIDE ACRES, AN ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Property Address: 2216 Cottonwood Rd, Grand Island NE 68801
<br />IN WITNESS THEREOF, this Subordination Agreement is executed on the day and year first above stated.
<br />Bank Name US Bank National Association ND
<br />1 �u
<br />�— No Corporate Seal
<br />By: Kelly J. Hder
<br />Title: Operations Officer
<br />TERESA SAUNDERS
<br />Notary Public
<br />State of North Dakota
<br />STATE OF North Dakota ) My Commission Expires APRIL 24, 2008
<br />COUNTY OF Cass )
<br />The foregoing instrument was acknowledged before me this 24th day of July, 2003, by (name) Kelly J. Heyer,
<br />the (title) Operations Officer of (bank name) US Bank National Association ND a national banking association,
<br />on behalf of the association.
<br />Notary Public
<br />This instrument was drafted by: Lien Perfection, P.O. Box 2687, Fargo ND 58102
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<br />Deed Of Trust Subordination Agreement
<br />Account No. 3000025026 200309811
<br />Drafted by: mt I\ C\
<br />This Agreement is made this 24th day of July, 2003, by and between US Bank National Association
<br />ND ('Bank ") and United Nebraska Bank ( "Refinancer ").
<br />Bank is the beneficiary under a deed of trust (the " Junior Deed of Trust ") dated January 19, 2002,
<br />granted by Darwin L Daily and Veronica S Daily, husband and wife ( "Borrower "), and recorded in the office of
<br />the Register of Deeds, Hall County, Nebraska, on March 4, 2002, as 200202392, encumbering the real
<br />property described therein (collectively, the "Proper "). Refinancer is the beneficiary under a deed of trust
<br />(the "Senior Deed of Trust ") dated � 20 <� granted by the
<br />N-orr1 owe r, and recorded in the samg# icg on 20y as
<br />a , �,���- t��X�) `UGC >C,1encumbering the prop—erty. Td induce Refinancer to make a
<br />loan to the Borrower secured by the Senior Deed of Trust, Bank has agreed to execute and deliver this
<br />Subordination Agreement.
<br />ACCORDINGLY, in consideration of the premises and for other good and valuable consideration, the receipt
<br />and sufficiency of which are hereby acknowledged, Bank hereby agrees with Refinancer that the lien of the
<br />Junior Deed of Trust on the Property is and shall be and shall remain fully subordinate for all purposes to the
<br />lien of the Senior Deed of Trust on the Property, to the full extent of all sums from time to time secured by
<br />the Senior Deed of Trust; provided, however, that the total indebtedness secured by the Senior Deed of Trust
<br />does not exceed $88,000.00, exclusive of interest thereon, amounts advanced to protect the lien and priority
<br />of the Senior Deed of Trust, and costs of collection, and provided further, that this agreement shall not be
<br />effective until each other mortgage or other lien recorded against the property (other than the Senior
<br />Mortgage) and each judgment that is a lien against the Property shall be subordinated of record of the lien of
<br />the Senior Mortgage.
<br />Legal Description: LOT 17, BLOCK 4, IN THE REPLAT OF RIVERSIDE ACRES, AN ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Property Address: 2216 Cottonwood Rd, Grand Island NE 68801
<br />IN WITNESS THEREOF, this Subordination Agreement is executed on the day and year first above stated.
<br />Bank Name US Bank National Association ND
<br />1 �u
<br />�— No Corporate Seal
<br />By: Kelly J. Hder
<br />Title: Operations Officer
<br />TERESA SAUNDERS
<br />Notary Public
<br />State of North Dakota
<br />STATE OF North Dakota ) My Commission Expires APRIL 24, 2008
<br />COUNTY OF Cass )
<br />The foregoing instrument was acknowledged before me this 24th day of July, 2003, by (name) Kelly J. Heyer,
<br />the (title) Operations Officer of (bank name) US Bank National Association ND a national banking association,
<br />on behalf of the association.
<br />Notary Public
<br />This instrument was drafted by: Lien Perfection, P.O. Box 2687, Fargo ND 58102
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