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2oi�o3io� <br />FSA-2455 (12-31-07) <br />2. THEREFOR <br />conditions of this subo <br />for such purposes, and <br />liens of security intere; <br />following described pr <br />n consideration of the Lender's ag� <br />nation, the Government (1) consen <br />) agrees to and does subordinate in <br />created or evidenced by the above <br />�rty and provided the Lender perfe� <br />SEE ATTACH£sD <br />3. This subord <br />and accrued interest) <br />prior to the Lender's <br />amount in excess of : <br />obtained from the Gc <br />DESCRIPTION <br />on is limited to (1) the amount achu <br />he foregoing purposes, (2) future ad <br />and (3) the amount actually advana <br />amount will not be covered by this <br />ment for incurring the expenditure i <br />4. The Lender <br />a. Incorporate <br />proceeds of <br />contribute tc <br />an agriculiw <br />(2) for any p <br />ro the Borrower's promissory note <br />; loan funds obtained as a result of <br />�e excessive erosion of highly erod <br />commodity, as provided by 7 C.F. <br />pose not provided for above. <br />b. Obtain a per�'ected security interest on the above <br />a Give notice Q�f foreclosure as required by the Go� <br />5. FSA offsets <br />this subordination. <br />the Debt Collection Act (31 U <br />6. When the indet <br />Department of Agricult� <br />2550 N DIERS AVE., <br />Iness has been satisfied, lender <br />at the following address: <br />K <br />Page 2 of 3 <br />ment to make such loan to Borrower and meet other <br />to the Borrower obtaining the loan from the Lender <br />vor of the Lender and its successors and assigns its <br />scribed instruments insofar as they cover the <br />a lien on this property: <br />ly loaned by the Lender to the Borrower (principal <br />ances for taxes, insurance, and payrnents on liens <br />i for foreclosure costs made by the Lender. Any <br />ibordinarion unless prior written consent was <br />question. <br />. statement that the loan will be in default should any <br />his subordinarion be used (1) for a purpose that will <br />ble land or to the conversion of wetlands to produce <br />�. part 1940, subpart G or any successor regulation, or <br />3711 et seq.) or 7 C.F.R. part 3 have priority over <br />: mark this form "PAID IN FiJLL" and return it to the <br />GRAND ISLAND, NE �8803 <br />