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~ ;;0 on m 'T'I :t:;J>. c:: m Vi n Z ()::.t ~ xI ~ J:: () Cl <:::::::> Oct> gJ ~t~ ).. !{>> ~ ~ 0-4 0 m c: l>o n (.1') --... :Z:--I N [ ~ :I: :u~ = I\.) :;; . '- c:;) -il'tl -<0 0 is f i s o~ N o ..., 0 -....,J ~~ ..,., co .....~ ~ s r -.,) -....,J 0 :z: ril .j::o. f"l1 \J l> ex,' 0 i s fTl :3 r- Xl .j::o. ~ Z <:::> r-l> ~. if> ...t: (./) ~~ :::><; -c l> 0 ~ ....... -- ~ (Jl -c ::3 ~ en ..... SUBORDINATION AGREEMENT ., ~ NOTICE; THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF SOME OTHER OR LATER SECURITY INSTRUMENT. THIS AGREEMENT, made this 8th day of May 2007, between the City of Grand Island, Nebraska and The Money Store, present owner and holder of the Deed ot Trust and Note first and hereinafter described and hereinafter referred to as "Beneficiary". WITNESSETH: THAT, WHEREAS, Brent Lloyd and Vicki Guadalupe Lloyd, now divorced persons, hereinafter referred to as owner, DID EXECUTE a Real Estate Lien dated November 3, 1988, to the City of Grand Island, covering: Lot Twelve (12) and the southerly 1/2 of Lot Thirteen (13), Block Three (3), Pleasant Hill Addition to the City of Grand Island, Hall County, Nebraska. To secure a Note in the sum of $15,000.00 in favor of the City of Grand Island, which Real Estate Lien was recorded November 23, 1988, as Document No. 88-106308 in the Official Register of Deeds Office of Hall County. WHEREAS, Owner executed, a Deed of Trust and Note in the sum of $15,400.00 dated May 9, 1997 in favor of The Money Store, hereinafter referred to as "Beneficiary" payable with interest and upon the terms and conditions described therein, which Deed of Trust is to be recorded concurrently herewith; and recorded May 19, 1997 as Instrument No. 97-103897 in the Register of Deeds of Hall County, Nebraska. IT IS RECOMMENDED THAT, PRIOR TO THE EXECUTION OF THIS SUBORDINATION AGREEMENT, THE PARTIES CONSULT WITH THEIR ATTORNEYS WITH RESPECT THERETO. WHEREAS, it is a condition precedent to obtaining said loan that said Deed of Trust last above mentioned shall unconditionally be and remain at all times a lien or charge upon the land hereinbefore described, prior and superior to the lien or charge of the Real Estate Lien first above mentioned; and WHEREAS, Beneficiary is willing to make said loan, provided the Deed of Trust securing the same is a lien or charge upon the above-described property prior and superior to the lien or charge of the Real Estate Lien first above mentioned and provided that the City of Grand Island will specifically and unconditionally subordinate the lien or charge of the Real Estate Lien first above mentioned to the lien or charge of the Deed of trust in favor of Beneficiary; and WHEREAS, it is to the mutual benefit of the parties hereto that Beneficiary make such loan to Owners i and Beneficiary is willing that the Deed of Trust securing the same shall, when recorded constitute a lien or charge upon said land which is unconditionally prior and superior to the lien or charge of the Real Estate Lien first above mentioned. NOW, THEREFORE, in consideration of the mutual benefits