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N <br />e <br />� <br />0 <br />0 <br />� <br />.P <br />� <br />w <br />� <br />�r <br />� <br />� <br />� <br />.� <br />� �,: <br />O --I <br />c b- <br />z -+ <br />� � <br />� � <br />O �i <br />' � <br />T r7� <br />�. �n <br />�� <br />r n <br />�� <br />�� <br />� <br />� <br />�bC� �1�3� <br />� �: <br />� �� � <br />C ^ N �,�. � <br />Z = � �, �--� <br />n D .N�.' � ":.'t�� `�` � <br />A N � �'� 00 <br />� � m �.� <br />� `� � � <br />�� � <br />O �' � W <br />� <br />� <br />RE-R�C����� <br />201101832 <br />2010U'741� <br />UNILATERAL SUBORDINATION AGREEMENT <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 Platte Valley State Bank & Trust Co., Its. Successors and/or Assigns, hereinafter <br />called LENDER #2 and William D Brown and Gerri Fisher Brown, Husband and Wife, <br />hereinafter called BORROWER, <br />WHEREAS, BORROWER is the owner of the real estate hereinafter called <br />PROPERTY which is described as: <br />Lot 32, Amick Acres East Subdivision, Hall County, Nebraska. <br />WHEREAS, BORROWER has executed a Note in a principal amount of $10,000 <br />secured by a Mortgage/Deed of Trust in favor of LENDER #1, covering the <br />PROPERTY, recorded on as Inst. No. _0201�05044 in the office of the Register of <br />Deeds of Hall County, Nebraska. d <br />O <br />N <br />c� <br />h--' <br />0 <br />0 <br />� <br />� <br />� <br />w <br />n <br />tn <br />z <br />-�-�I <br />� <br />� <br />� <br />z <br />� <br />z <br />O <br />,-, � U <br />� <br />Register of Deeds of Hall County, Nebraska. �s �t �v� o�ia'cj?�ll a and re-f iled as noc .�� <br />201007661 <br />WHEREAS, BORROWER will be executing or has executed a Note in a <br />principal amount not to exceed $46,000 to be secured by a Mortgage/Deed of Trust in <br />favor of LENDER #2, covering the PROPERTY, and to be recorded in the office of the <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 of the <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 />Dated this �''�k day o� , 2010 <br />;,, <br />� � <br />t 4, <br />STATE OF NEBRASKA <br />COUNTY OF HALL <br />Platte Valley State <br />Ban�C 8c Trust Co <br />Platte Valley State Bank & Trust Co. <br />�LENDER #1) <br />By: <br />Darla Burnham, Vice <br />) <br />)SS: <br />Acknowledged before me this �� day of �� 2010 by Darla Burnham, Vice <br />President of Platte Valley State Bank & Trust Co.on behalf of said C rporation. <br />� � �,�(.,�' ��' L-- <br />�tro7art-saneata� . . <br />vq��g ppd,vEw I��it�ry Public . <br />MyCo��n.Exp.l�v. t1,201� <br />