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201009086 <br />THIS AGREEMENT (the "Agreement"), effectivc as of the Effective Date abovo, is m$de by and among the <br />Subordinating �,cnder, Ownera and the Senior Lender namod abava. <br />TRENT D. VON BEHREN AND TII�TA M. VON BEHREN, HUSBAND AND WII�E (individually and <br />collectively the "Owne�') own the real property loc�ted at tho abovo Praparty Address (the "Proparty"). <br />The Subordinating Lender has an interest in tha Prop�ty by virtue af a Real Estatc Deed Of Trust (With Futtiu^e <br />Advance Clause) given by the Owner, covering that real properiy, mare particularly dcscribod as fallows: <br />See P.7chibit A <br />�.Cq�tlrt� : l�! t/D(v <br />which document is dated the 12th day of December, 2005, which was �led in Tnstrumcnt # 0200600274 at pagB <br />N/A (or as No. N/A) of thc Rccords of t�e Office of the Registcr of Deada of the County of HALL, State of <br />Nebraska (the "Existing Security Instrument"). '1'he �xisting Security Inshument secures ropaynnant vf a debt <br />evidenacd by a nate or a line pf credit a�ement ext�►ded to , TINA M VON BEHREN, and TRENT D YON <br />BEHREN (individually and collectively "Horrower'� by th� Subardinating I�ender. <br />Thc Scnior Lander has agreed to make a naw laan ar amend an existing loan itt the ariginal principal ainoucrt NOT <br />to excecd $172,513.00 (tha "Naw Loan or Amcnded Laan"), provided that the Naw Loan ar Amended Loan is <br />securcd by a firsC licn mortgaga on the Property (thc "New Security Instrument") in favor of the Senior Lender. If <br />tl�e Naw Loan or Amended Loan exceeds this araount, tho Subordination Agreement is VOID. <br />To �e. i�CC1� dLrt� Cc�nGuvl sv�•Fk� w ti� Oc.t�',( of - [i�s� O�ck�ecl � � 1/ ��/ 1 <br />'The Subordinating Lender is willing W subordinate the lien of the Existing 5ccurity Instrument ta the lien of the <br />New Security Inswment under the terms set forth in this Agroomenk <br />NOW, THEREFORE, for and in consideration of the above recitals, tha covenants herein contained, and for good <br />and vatuablo considaration, tha reccipt af which is hereby acknowladgad, the pa�rtties agree as fnllows: <br />A. Agreement to Sabordinnte <br />Subordinatin� Lender and Trustee, if applicable, hercby ;4ubordinatos the lien of the Existing Secu�rity <br />LnsUvment, and all af its modi�cations, extensions and ronewals� to the licn af tha New Security Instrurnent. <br />This Agr�ement is offectivo es to any sum whas� repayment is presently sccured ar which may in the future bB <br />secured by the �xisting Security Inslrumtnk <br />B. Appointment oi Substitute Trustee IjAppGtcpble <br />Tho Existing Security Instrumcnt namea N/A, as 'Ikustee and the Subordinating Lond�r as Benefciary. The <br />Lxisting Security Instrumant provides that #he Subardinating Lender may designato and appaint a subs�itute <br />Trustee in place of aay other trustee by sn instivment recarded among the appropriate land records. <br />The 5ubordinating Lender hereby removes N/A as Trustod and desigi�tes and appoints N/A as substitute <br />Trustee writh thB same powers and dnties as w�ro arigirially vested in the Original Trustee rtnder the Existing <br />Security Insfi�mant. <br />C. General T�rma �nd Conditlons <br />Bfnding Et�ect - Thi,� A�emont shall be binding upon and intu� to the benefit of the respectivo hoirs, lcgal <br />rapresentatives, successars aad ass�gns of thB parties hereta and all of those holding tide under any of them. <br />Nonwxi�vec �- This Agreemen�t raay not be changed or terminated arally. No indulgence, waiver, eleckion or <br />nan-alaction by New Lender or khe trustee(a) under the New Security Ynstrument or rolated dncuments shall <br />affect this Agreeraen� <br />SUBORDINATION ONLY NE V 1.0 Page 2 of 3 <br />OO00000pOQ112250 <br />