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85- 004913
<br />SUBORDINATION OF MORTGAGE TO EASEMENT GRANT
<br />KNOW ALL MEN BY THESE PRESENTS that,
<br />WHEREAS, Metropolitan Life Insurance Company, a corporation
<br />of the State of New York, is the owner and holder of a certain
<br />mortgage from Back -Bar Farm Co. of Nebraska, a Nebraska corpo-
<br />ration, to Metropolitan Life Insurance Company, a corporation of
<br />the State of New York, dated June 4, 1981, recorded in the Office
<br />of the Register of Deeds of Hall County, Nebtraska, as Document
<br />No. 81- 403399 securing an indebtedness originally in the amount
<br />of $120,000.04 and,
<br />WHEREAS, Back -Bar Farm Co. of Nebraska has executed a
<br />perpetual easement over and upon certain of the property subject
<br />to the said mortgage, which perpetual easement is to Platte River
<br />Whooping Crane Critical Habitat Maintenance Trust, Inc., a
<br />Nebraska non - profit corporation, and such easement grant was
<br />dated November 23, 1984, and,
<br />WHEREAS, Platte River Whooping Crane Critical Habitat
<br />Maintenance Trust, Inc., insists that part of the consideration
<br />in addition to the easement grant itself for which Platte River
<br />Whooping Crane Critical Habitat Maintenance Trust, Inc., is
<br />paying Back -Bar farm Co, of Nebraska valuable consideration, that
<br />Back -Bar Farm Co. of Nebraska would obtain a subordination
<br />agreement from Metropolitan Life Insurance Company, subordinating
<br />the mortgage In existence as filed against that property described
<br />as follows:
<br />Lots Three (3), Four (4), Five (5) and the Southwest Quarter
<br />(SW,) of Section Thirty -six f36), -_ownshia Ter, (10) North,
<br />Range Ten (10) West of the 6th P.M., mall County, Nebraska,
<br />to the easement grant.
<br />NOW, THEREFORE, in consideration of the =remises and the sum
<br />of One Dollar f$1.00) paid by Back -Bar Farm Co. o, Nebraska, to
<br />Metropolitan Life Insurance Company, Metropolitan Life _assurance
<br />Company, a corporation of the State of New York, does hereby_
<br />waive the priority of the above- mentioned mortgage over the
<br />easement grant in favor of Platte Crane Whooping Crane Critical
<br />Habitat Maintenance Trust, Inc., intending hereby that the rights
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