Laserfiche WebLink
<br />110 <br />m <br />C!! <br />Qn~ <br />..,,>~ <br />("')(1) <br />~% <br /> <br /> <br />~ <br />c <br /><: <br />~ <br />~",,. <br />~ <br />c'") <br />,.., <br />-I ' <br />=i <br />r- <br />", <br />.v') <br />", <br />:;a <br />-=:: <br />n <br />", <br />c.n <br /> <br />200901799 <br /> <br />~E r-.:> <br /> <:::;> ('") .(J) <br /> c::::o <br />~:J: ~~ CQ o -i <br />3 0:::>- <br /> z-i <br /> =c -1m <br /> :c -<0 <br /> ....... 0""" <br /> -.., ...... """z <br /> 0 r :x: m <br /> rt) \J ;t>CD <br /> fTl ::3 1;0 <br /> 0 IX> <br /> '" (/) <br /> N ;::>0; <br /> l> <br /> ....... .................... <br /> ..z: En <br /> en <br /> <br />N <br />S <br />S <br />(,0 <br />S <br />->. <br />-...,j <br />(,0 <br />(,0 <br /> <br />UNILATERAL SUBORDINATION AGREEMENT <br /> <br />The parties to this agreement are: <br /> <br />Lender #1: <br /> <br />Pathway Bank f/k1a The State Bank of Cairo, <br />a Nebraska Bankine Corporation, <br /> <br />Lender # 2: <br /> <br />Five Points Bank. a Nebraska Bankine: Corporation <br /> <br />Borrower: <br /> <br />Randy and Jamie Jankovitz. a/k1a Randv Scott Jankovitz and Jamie <br />Lynn Mues Jankovitz. husband and wife <br /> <br />Borrower is the owner of real estate (hereinafter Property) legally described as: <br /> <br />Lot Two (2), Pioneer Ranch Second Subdivision, Hall County Nebraska <br /> <br />Borrower has previously executed promissory note(s) to Lender #1, said obligations being secured by the <br />following Security Documents <br /> <br />Title of Instrument Date of Instrument Date Filed Office Filed Doc Number <br />Deed of Trust 3/10/2006 4/6/2006 Hall Co. Register of Deeds 200602982 <br />Modification of 7/25/2006 5/16/2007 Hall Co. Register of Deeds 200703980 <br />Of Deed of Trust <br />Modification of 2/18/2009 02/24/2009 Hall Co. Register of Deeds 200901357 <br />Of Deed of Trust <br /> <br />Borrower will be executing or has executed a Note in a principal amount not to exceed $226.000.00 to be <br />secured by a Mortgage/Deed of Trust in favor of Lender #2, covering the Property. The date of execution <br />of said Note and Mortgage/Deed of Trust is MARCH 5 , 2009. <br /> <br />In consideration for Lender #2' s agreement to make such a loan to Borrower, Lender # 1 (1) consents to <br />the Borrower obtaining the loan from Lender #1, and (2) agrees to and does subordinate in favor of <br />Lender #2, its successors and assigns, its liens or security interests created or evidenced by the above~ <br />described Security Documents and the above described Property, provided Lender #2 perfects a lien on <br />that Property: <br /> <br />This subordination is limited to the amount actually loaned by Lender #2 to Borrower on the above stated <br />date, plus interest thereon. Any amount which is in excess of this figure will not be covered by this <br />subordination unless prior written consent was obtained. <br /> <br />In Witness Whereof, Pathway Bank f/k/a the State Bank of Cairo, has caused this subordination to be <br />signed on the 24th day of February, 2009 <br /> <br />-~~K_~~.--- <br /> <br />Authorized Signature <br /> <br />STATE OF NEBRASKA <br /> <br />) <br />) SS <br />) <br /> <br />COUNTY OF HALL <br /> <br />The foregoing instrument was acknowledged before me by Thomas A. Emerton, President 0 Pathway <br />Bank, a Nebraska Banking Corporation on behalf of said Corporation <br /> <br /> <br /> <br />GENERAL NOTARY. State of Nebraska <br />PAUL e SULlIVAN <br />CormI. . Apr8 28, 2009 <br /> <br />" <br /> <br />o <br />N <br />o <br /><::) <br />CD <br />c::> <br />....... <br />-.J <br />CD <br />co <br /> <br />~ <br />:D <br />P3 <br />> <br />en <br />Z <br />;} <br />c:: <br />3: <br />m <br />~ <br />~ <br /> <br />~ <br />\J'.., <br />o <br />