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<br /> ~ Om <br /> <=::> m <br /> " 10 !l~ ~ C>l:I o --i 0 <br /> :! CI c: ::t> ~ <br />N ~ ~~' rr'1 z--i N <br />CSl n Z C'::) --i rn 0 :0 <br />CSl ~ :z:~o -<0 m <br />ex> o ~ <=>> a <br />CSl (q .~ .." ..-. -"z ~ <br /><0 , r co <br />ex> ~::c 0 ::c rrl <br />CSl \ /TI " ::t> CD 0 Z <br />CJ'1 f'1'l ::3 ,- ;:c <br /> 0 ,- ::t> co ~ <br /> Cf\ en en <br /> c..:> ,.. co c: <br /> ~ >- 0 3:: <br /> c..) ........~,."...... <br /> ..t: en m <br /> U1 ~ <br /> (R <br /> 200809805 ~ <br /> <br /> <br /> <br />UNILA TERAL SUBORDINATION AGREEMENT <br /> <br />WHEREAS, the parties to this agreement are the old lender, namely The Platte <br />Valley State Bank & Trust Company hereinafter called LENDER #1; and the new lender, <br />namely US Bank N.A., hereinafter called LENDER #2 and Andrew W Meier and Nicole <br />M Meier, Husband and Wife, hereinafter called BORROWER, <br /> <br />WHEREAS, BORROWER is the owner of the real estate hereinafter called <br />PROPERTY which is described as: <br /> <br />Lot Seven (7), Grand West Fourth Subdivision in the City of Grand Island, Hall County, <br />Nebraska. <br /> <br />WHEREAS, BORROWER has executed a Note in a principal amount of $42,000.00 <br />secured by a Mortgage/Deed of Trust in favor of LENDER #1, covering the <br />PROPERTY, recorded on as lnst. No. 200710546 in the office of the Register of Deeds <br />of Hall County, Nebraska. <br /> <br />WHEREAS, BORROWER will be executing or has executed a Note in a <br />principal amount not to exceed $150,415.00 to be secured by a Mortgage/Deed of Trust in <br />favor of LENDER #2, covering the PROPERTY, and to be recorded in the (!fjce ofthe <br />Register of Deeds of Hall County, Nebraska as document # c)Cl::l8-098 . <br /> <br />NOW THEREFORE, in consideration of $1.00 and other valuable <br />consideration, receipt whereof is hereby acknowledge, LENDER #1 agrees to <br />subordinate and does hereby subordinate its liens as shown and referred to above, to the <br />lien of LENDER #2 as shown and referred to above, but only to the extent ofthe <br />principal amount of the new lien as shown in the above paragraph, plus any accrued <br />interest, taxes, insurance or costs advanced to protect its security. <br /> <br />Dated this 21st day of November 2008. <br /> <br />'fb\.{e.,. \.J~llaJj ~l1n~" }c Tr~ {:,> . <br />Platte Valley State Bank & Trust Co. <br /> <br />BY:~~ <br /> <br />(LENDER #1) <br /> <br />, Vice President <br /> <br />STATE OF NEBRASKA ) <br />)SS: <br />COUNTY OF HALL ) <br /> <br />Acknowledged before me this 21st day of November 2008 by <br />~~ fV\.. '-lo~o~ , Vice President of Platte Valley State Bank & Trust Co. on <br />behalf of said Corpora IOn. <br /> <br /> <br />~~-~~ <br /> <br />GENERAl NOTARY. State of Nebraska <br />KALI S. LENOX <br />My Comm. Exp. Sept. 21, 2010 <br /> <br />~ <br />.~... ~ <br />___.~ 0 <br />