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<br />I <br /> <br />84- 003516 <br /> <br />SlIDFIDINATION AGREEMENr <br /> <br />r- <br /> <br />IN cx:NSIDERATION OF and as an inducanent to The Overland National <br />Bank of Grand Island, Grand Island, Nebraska, advancing credit to the <br />hereinafter designated lIDrtgagor, the undersigned creditor of said <br />lIDrtgagor hereby subordinates any claim, interest or lien which the <br />undersigned might now, or hereafter, have upon the property hereinafter <br />described to the lien of lIDrtgage descrl.bed as follows: <br /> <br />lIbrtgagor: Arnold J, Placke <br /> <br />Address: <br /> <br />1104 East Oklahana <br />Grand Island, Nebraska 68801 <br /> <br />Date of Mortgage: June 29, 1984 <br /> <br />Descriptl.on of Real Estate: See attached ExhibH "A" <br /> <br />The intent being that the am:lunt due The Overland Natl.onal Bank of Grand <br />Island, Grand Island, Nebraska, secured by real estate lIDrtgage above <br />set out, together with any interest or charges thereon, shall at all t:irres <br />be superior to any cla:im of the undersl.gned arising out of lIDrtgage,or <br />otherwise, against said above-descrl.bed real estate, whether heretofore, <br />or hereafter, executed, <br /> <br />Dated thl.s <br /> <br />/ 5' <br /> <br />day of <br /> <br /> <br />This Subordinatl.on AgreE!l'Ent ;,S 1: 'ted to a $28,000.00 loan and lIDrtgage <br />and shall not apply to any addi tianal advances or loans unless specifically <br />agreed to by the undersigned at a later date. <br /> <br />This Subordination .I\g:reanent shall apply to any extension, continuatiori,o:[" <br />renewal of the above lIDrtgage but wl.ll never apply to any aIIPUllt in>exces5' <br />of $28,000.00, <br /> <br />This Agree!rent shall be binding upon the heirs and personal <br />of the undersigned. <br /> <br />STATE OF NEBRASKA) <br />) ss: <br />CDUNI'Y OF HAIL ) <br /> <br />ON 111IS ;J j day of <br />in and for said Cbunty, <br />the identical person whose naroo <br />acknowledged the executl.on thereof <br /> <br /> <br />hand and Notarial <br /> <br />L <br /> <br />fYln' <br />STATEOF~) <br />k:'l\m~ey ) ss: <br />CDUNIY OF ~ ' ) <br /> <br />ON THIS 19'tiy day of Jc.vn..<L. , 1984, before 100" aNot!l.lW .Pt1l?:L'~C <br />in and for said Cbooty, personally caroo Kay IJ, Harvey, to 100 KnOWlltobe the <br />identical 'person mIDse name is affixed to the foregr:>ing :instrt.llOOnt and.. ac.kno\I>l~ <br />the execution therc>Qfto be her voluntary act and deed, <br /> <br />WITNESS my hand and Notarial Seal the day and yetu: last above V.'1:'ittell. <br /> <br />