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<br />23~{HI5556
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<br />SUBORDINATION AGREEMENT
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<br />KNOW ALL MEN BY THESE PRESENTS:
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<br />WHEREAS, Gerald R. Baumer and Jeanette M. Baumer, husband and
<br />wife. have executed a mortgage on the following described premises:
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<br />All of the South Fifty-six Feet (556') of the West
<br />One-half (W~) of Block Ten (lO) of Pleasant Home
<br />Subdivision, of part of the East Half of the South-
<br />east Quarter (E~SEJ,;) of Section Twenty-one (21), in
<br />Township Eleven (11) North. Range Nine (9). West of
<br />the bth P.H" now City (Of Grand Island, Hall County,
<br />Nehraska.
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<br />to The Equitsble Huildin~ iltld l~oan Association of Grand Island,
<br />Nebraska. in the amount ,q t.i;.l,hti'en Thousand Dollars ($18,000),
<br />which mor[ga~e was r~coTded 0n September 26~ 1983, as Document
<br />No. H.3-005126 in th(' Register "t ;)ef'GS Office, Hall County,
<br />Nf100raska ~ and
<br />
<br />~HEREAS~ [h~ saId 3!lortga~0rS IldVP assumed a mortgage in
<br />tavor ,.,i the Small (1uStne.ss Adr:tinlst.r:itlon, !'Pi,,:orded as Document
<br />~~(), tIO-UH)~96 1;1 trn:-' Kt'!]{15tt:'f 't [h'pd~, nftl:':t", H;jIl County,
<br />;{t:"br~ska ~ ;Hld
<br />
<br />~11 7.,(} ~
<br />
<br />\,'ilUH,AS,
<br />t hi} t ~ rle
<br />
<br />~_hf' ';ndt"r~.!...~t~~'d :;:113t,1 ~1\.lSin\~t>s,::\~1mi~t:i.strati;Hl recog-
<br />"1.,1 ''>,"t". -:t;.:'P ~_,j irh~ .:-.::;u:t.j~]lt' r1ulldlng .:.ltH.i l....017ln
<br />-;~';~;Hj>~'~'~~;~~~;~~ ~('hr~_i~c<k..i. ,i ;ic.st ~nHi prior lien
<br />
<br />A.s:s(}(, ~~!t lon
<br />~.q)c'n sa1.d. ;'rr~ml?f;'''''',
<br />
<br />NO~l~ rHEREFORl.~. ,. ,.-l'nslJt~r.-jt ~:"il ,; }ne ;)cl LJf ($1.00) and
<br />~.t'hf'r 1~n~)d .~Hh'~ \/,1l~!~lhl!c-' ,-;n~l,h~r'l!l:\n. f-h:~-'" f"f'>,.:;-"!~t f~1 ~...thi.,,'h ''''
<br />he-'ft:'oy .3..'lt-t\;.)'Wi-:-\d~~pd. tht, _'~'lth;.rs{i:;~a->-d ...::~knpwlpd~~f"5 ~he priority or
<br />
<br />~7e~::~: ~~~~~~~P~;~r~~~d~q~~~a:~:~~~:~~:?~ ~~~0~~~~a~::u~~:t:Y~n
<br />
<br />'01 the ~ald. :!'~-c'r~~~agt" ~: ~:lv{'r ..! ~_ht" ;,ma.i1 Ht1Sinpss Admin_ist.ration
<br />ret::ord{~d <.SS _J..';,,-Gl!H:"nt ~",-,; ~U-nU)\Ii~"b ~~, t~H:" i t-:*n .\1 ~aid i1lC;rtAi.lg{" to
<br />fhe Equitable BUilJu1_z ,HHi :__,-.!~ln A,S\!t,.l~lti;__~n, 'r~-HHi ls13od,
<br />N@'brasK.ti, rf"(Qrd-t~,d d~ :!'lLunit"nt :i". ~,3-!!{_i'-,126 ," ~ht" Register 01
<br />l}eed:s (it t li2_t'" I HJ: i ~ .",'''' ," ~ S~-.tH>.ask~J
<br />
<br />rhl~ und~r~i~lH"d. bv ~-'Xt'~:ut 'l.l>n 1 ~,hi:':.'> :lUbi.H'dlnaClon Agrt\e-
<br />mf~nt, -do-es t\ut :.'("it),..as(' tfh" i1~,;"'n ,11 ~s :l(-(}.rt in any p~\lrticular,
<br />but dnlv 5ub\Jrdln[jtt.~~ ~:jnJ {~lak__("s ;u:1H_~r ~~ich 1 en t tht~ ntort~ag(~ nt'
<br />The- Lqultahl<<:~ nl.Jlldl!1~ ':Hld L",'an .\::-.::;,d(lat.l(~n ,_11 Cr.and l~land,
<br />Nebrasll" .
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<br />-.7.. <.~}
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<br />! ':'~.},
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<br />DATED:
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<br />____~__<" ",.....{;-~~:<..~t-..''*''t_.I'.....
<br />
<br />:',v
<br />
<br />BUSINESS ADMINISTRATION
<br />, '\
<br />,(~ l . ,j .~,~:~--
<br />. Adm:&; l;i.t~ tor
<br />f:CI iff!)
<br />
<br />SM.Ai"L
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<br />.
<br />
<br />STATE OF NEIUb\SI<A
<br />
<br />COUNTY OF
<br />
<br />. On t~is ~ ?3V or ,\....l-L....1. !963. b,'W
<br />l'ut;lltc quaIl! led In Neoraska,~apPt!an'd -l,:j;
<br />. Administrator at th@ Small BUSiness on.
<br />to mf! knovn 10-';;; the pers,m nam,~d in and \oIiw .'xecuted tht:. iore-
<br />St-ling iUlltTl.tlI\ent, and admowle(lged that lie t'x<.'<:utt'd the same dS his
<br />voluntary Act and deed and the voluntarv act and deed Dr the Small
<br />BusineslI Adlllllllstr Ion. "
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<br />5 S ~
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<br />~' ~,W~
<br />ary ublit
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<br />My ~~ ~<<m1 i.'a -i ion
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