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<br />UN,ILATERAL SUBORDINATION' A,GREE�+NT ' �
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<br />W�E�tEAS, the parties to t�ZS agreement az�e the oXd l�nder, namely Home;
<br />�ederal Savi�ags aud T.oan Assn o£ G�ra�.d Island hereinafte�r ca��ed LENDER #1; ar�d tlze
<br />new I�exl.der, namely P�atte Valley State Bank &'�'x�s� Co., Its. Successors axzc3/o� .ASs�g�.s,
<br />hezeinafter cal�ed LE�TDER #Z and Bz�adle� T Kelly, Trustee o� the Barad.�ey 7 Kelly�
<br />Revocable Living Tzust dated May 6, 200� and ,A�mber L Kel1y, Trustee o£ tb�e �ibe�' E,
<br />K�lly Revocab�e Li,ving Trust dated �ay 6, 2005 hereina�te�r caued BORROWER;
<br />'V��REAS, BORRO�VVE� �s the own.er of the rea� estate hereinafter call�d
<br />P�OPE�,tTY which xs descz�bed as: �
<br />T,OT S�X. (6), REGrENCY �Y THE GREEN SUBDIVISION, AN A.DbXT�O�T ',I'O �'HE
<br />CI'I`Y' OF GRA,ND IST.ANIJ, H,A�,L COITI�TT'K, NE��tASKA. ' ;
<br />WSERE,A,S, BORRO�VE�2, b�as e�eeuted a Note ixn a pzxn,cipal amouut o�'�24,06z.S0
<br />seured by a Mortgage/beed o£Trust in favox o£ L�NDER #1, covez�i�ag the '
<br />P�tO�ERTY, recozded oan as Inst. No. 2006 08922_ in the ot.�tce of the R�gister of
<br />Deeds o��aX�, County, Nebxaska.
<br />W�EREA,S, BORROWE�2 wi,�l be executing ox k►as executed a Note iva a
<br />principal ax�aoi�,t not �to exceed $21,3,000 to be secuured by a Mortgage/Deed o�'�rust in
<br />favor o� LENDER #2, cove�g the P1�OPER�X', and to be xecoxc�ed in th� o�ce o� the
<br />Register o£Deec�s of Hall Cou�,ty, Nebraska.
<br />1�TOW T�EI:tEFORE, in cansi�de7ration of $1.40 and other�valuable
<br />considera#�o�., xeceipt whereo£XS hereby ackn�ow�erlge, LENDExt #� agrees to
<br />s�bordinate and does h�reby subozdiu�.ate i�ts liens as s�,ovvn, and referred to abo�'e, to the
<br />Iien of LE.l'�AER #2 as show�, and referred to above; but only to �t�ae extent of the
<br />p�neipal amoux�t o�the new lien as sk�own in the above �aragraph, plus at�.y accnzed
<br />interest, taxes; insurance o;r eosts advanced to �rotect its seewri�y. '�
<br />bated t�i;s 7�day o£�,(�,�, 20�0
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<br />Home Fede�rral Sa�ings and au Assn of Grand �sland
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<br />By� � ��� —
<br />S�'.A�'E OF NESRASKA
<br />COUNTY OF H.A�L�:
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<br />A,c�aaowlec�ged before me �tis � day of G 2010 by � r t�' �' S���cS � ,' e�
<br />/� fi V�i�� �,.�f Home Fed,era� Savings �ns Z,aan Assn of Cn�aia.d Lsland o�t be�,alf of sai�d
<br />�ozporation. � .
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<br />Notaxy Pu.blic
<br />� �' 6E�FiAI NOTAFY - Stafe of Nebraska
<br />. • SHARQN �t. KLEINT
<br />. . . , , . - . My Comm, Fa�p. Oec.19, 2011 .
<br />�00 'd ZBIZ Z8� 80� ��Xd� I�-eS4d G I�� 1(�) �90�Z I�900Z
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