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2/21/09 03:S5PM MST '8015082277' -7 3083823630 201001965 Pg 4/6 AND WHEREAS, MICHAEL D. MENAGH AND JAMIE L. MENAGH, has made application to the Party vfthe Saoond Part for a loan to METLIFE HOME LOANS, A DIVISION OF METLIFE BANK, N.A. ISAOA, 6965 Union Park Center #300, Midvale, UT 84047, Loan# 0073007726, in the amount not to exceed $168,946.00, to be secured by a First Lien encumbering the above described premises, and Party of the Second Part has required as a condition precedent to making of said loan that the Party of the First Part subordinate its lien and the lien thereof and all of its rights there under to the lien to be placed upon said premises as aforesaid, and Party of the First Part is agreeable to such subordination. NOW THEREFORE, in ovnsideration of the sum of One Dollar ($1.00), and other valuable consideration in hand paid by the Party of the Second Part to the Party of the First Part, receipt whereof is hereby acknowledged, and as inducement for making the aforesaid loan by the Party of the Second Part to the aforesaid CITI FINANCIAL, INC. (MD), the Party of The First Part does hereby subordinate the aforesaid lien by it and the lien thereof and all of its rights and there under to the lien recorded in Official Records, Baak__ , Page__ , or Document Number DZo~~ 0 /L/~~'ofthe Public Records of HALL County NE, encumbering the about described premises and does hereby covenant with the Party of the Second Part that it has not transferred or assigned the aforesaid lien held by it, nor the Promissory Note it secures, nor any interest held by it in either of said instruments, and it executed this Subordination Agreement as tenants by the entirety of the entire interest held by it in said Note and lien and declare any right or claim held by it to be subject and inferior to the Mortgage held by the Party of the Second Part and to all rights of the Party of the Second Part there under.