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<br />SUBORDINATION AGREEMENT
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<br />KNOW ALL MEN BY THESE PRESENTS that in consideration of one dollar and other good
<br />and valuable consideration, receipt of which is hereby acknowledged, Heritage Bank, does hereby
<br />subordinate that certain Deed of Trust recorded on January 5, 2005 in Instrument No. 200500142
<br />in the office of the Register of Deed of Hall County, Nebraska covering the following described real
<br />estate:
<br />
<br />A certain part of the Southwest Quarter of the Northwest Quarter (SWl/4 NWl/4) of Section Three (3), Township
<br />Nine (9) North, Range Nine (9) West of the 6th P.M., Hall County Nebraska, more particularly described as:
<br />Beginning at a point where the North line of the Southwest Quarter (SWl/4) of the Northwest Quarter (NWl/4) of
<br />Section 3, in Township 9 North, Range 9 West of the 6th P.M., intersects with the East right of Way line of the State
<br />and Federal Highway known as 281, which point is 51.75 feet East of the Northwest comer of the Southwest
<br />Quarter (SWl/4) of the Range 9 West of the 6th P.M., running thence East along and upon the North line of the
<br />Southwest Quarter (SWl/4) of the Northwest Quarter (NW1/4) of said Section 3, 272.25 feet, running thence South
<br />parallel to the West line of the Southwest Quarter (SWl/4) of the North west quarter (NWl/4) of said Section 3,
<br />337.0 feet, running thence West parallel to the North line of the Southwest Quarter (SWl/4) of the Northwest
<br />Quarter (NWl/4) of said Section 3, 271.8 feet, to a point on the East Right of Way line of the State and Federal
<br />Highway known as 281, running thence North upon and along the East Right of Way line of State and Federal
<br />Highway known as 281, 337.00 feet to the Actual Point of Beginning.
<br />
<br />and all rights, title ansY )nterest of Herita~Bank therein, to that certain Deed of Trust dated November 4,
<br />2005 and recorded /f! OIJ.Jjnh-<<l ~oa. in Instrument Ncac::z;bJ )c4~n the office of the Register of
<br />Deeds of Hall County, Nebraska, in favor of TierOne Bank ("Lender") upon said real estate, which
<br />Todd Richard Russell (collectively "Borrower") has executed, acknowledged and delivered to Lender as
<br />security for a loan obtained by Borrower from Lender, which loan is evidenced by Borrower's
<br />promissory note in the principal sum of$119,800.00.
<br />
<br />This Subordination Agreement shall be binding upon Heritage Bank and its successors and
<br />assigns and shall inure to the benefit of Lender, its successors and assigns.
<br />
<br />Heritage Bank
<br />
<br />By: ~1r
<br />
<br />Title: 7) reek ,1- ..t:QS.
<br />
<br />SlATE OF NEBRASKA )
<br />) ss.
<br />COUNTY OF HALL )
<br />
<br />On)his 9th day of Nov:mber, 2005" A'efore me, the undersi~ned, a Notary Public, personally
<br />appeared (AIiA'f j1^t~l D{/Vc~\. b{ .J;1.1.Ll of Hentage Bank, to me known to be the
<br />identical persorf named in and who executed the foregoing instrument, and acknowledged that he/she
<br />executed the same as his/her voluntary act and deed on behalf of the above-referenced Bank.
<br />
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<br />Notary Public!' f ,
<br />
<br />J;ENERAl NOTARY - State at Nebraska
<br />PAULA M. MAYFlaD
<br />. My Comm. Fxp. Oct. 2, 2009
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