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<br /> SUBORDINATION OF DEED~F TRUST 200604079
<br />
<br />
<br />
<br />KNOW ALL MEN BY THESE PRESENTS, THAT WHEREAS, Sheila K. Axford, a
<br />single person, hereinafter referred to as "Trustor" did on the 24TH day of March, 2006 execute
<br />and deliver to HASTINGS VENTURES, L.L.C., a Deed of Trust upon certain real estate located
<br />in Hall County, Nebraska, and legally described as:
<br />
<br />~>. '.\ ~. """'\
<br />,j'
<br />'<:1. \,
<br />~)
<br />
<br />Lot Three (3), Block Three (3), Woodland Park Second Subdivision, in the city of Grand Island,
<br />Hall County, Nebraska
<br />
<br />conditioned for and to secure the payment of the sum shown on the NOTE, which Deed of Trust
<br />was recorded in the Office of the Register of Deeds of Hall County on the 27th day of March,
<br />2006 as Document No. 200602647.
<br />
<br />WHEREAS, Trustor, for the purpose, among other things, of paying or securing certain
<br />debts, have agreed to execute and deliver a Deed oftrust upon the real estate to Platte Valley
<br />State Bank & Trust Company conditioned for the payment ofthe sum of One Hundred Sixty
<br />Thousand & 00/00---------------------------------------------- ($ 160,000.00 ), to be a first Deed of
<br />trust upon the premises, recorded in the Register of Deeds Office as Document No. 200603049.
<br />
<br />NOW, THEREFORE, HASTINGS VENTURES L.L.C., in consideration of the premises
<br />for value received, the receipt and adequacy of which is hereby acknowledged, does hereby
<br />bargain, consent, promise and agree to and with Trustor, their heirs and assigns, that the Deed of
<br />trust upon the premises thus to be executed by Trustor to Platte Valley State Bank & Trust
<br />Company, for the amount and interest above mentioned, shall at all times be a prior Deed of
<br />Trust and a prior lien upon the premises to the Deed of Trust of HASTINGS VENTURES L.L.C.
<br />as above described.
<br />
<br />IN WLTN,i:~S WHEREOF,
<br />Trust on this 0ifA. day of
<br />
<br />
<br />e undersigned has executed this Subordination of Deed of
<br />,2006.
<br />
<br />HASTINGS VENTURES L.L.C.
<br />
<br />BY ~-
<br />Danny Starostka, Managing Member
<br />
<br />STATE OF NEBRASKA)
<br />COUNTY OF /fa tJ )SS
<br />
<br />Before me, a Notary Public qualified in said County, personally came Danny Starostka,
<br />Managing Member of HASTINGS VENTURES L.L.C. known to be the same and identical
<br />person who signed the foregoing Subordination of Deed of Trust, and acknowledged the
<br />execution thereof to be his voluntary act and deed as su office. Q.d
<br />Witness my hand and Notarial Seal on 0711'--, 2006.
<br />
<br />~~/l
<br />
<br />GENERAL NOTARY. State of Nebraska
<br />MARN/E SCHAGER SUNDERMEIER
<br />My Comm. &p. Sept 8, 2007
<br />
<br />
<br />----
<br />
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