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� <br />� <br />� <br />- <br />N � <br />e � <br />� � <br />a s <br />C)7 <br />� � <br />� <br />� <br />� <br />� <br />� <br />� <br />� <br />c� cn <br />o --� <br />c � <br />z <br />� m <br />"� O <br />o � <br />' L <br />T fT} <br />p' C� <br />r z� <br />r n <br />v� <br />�... '. <br />G7 <br />C:/) <br />� <br />� <br />� � <br />s `` <br />��� r � � <br />� r', ^ -C <br />/►! � �` �' ., ' <br />�� �� � <br />rn �'.__, <br />G7 �. <br />r� � � <br />�1 � � <br />� <br />� o � -'� c� <br />° `� �_ o <br />� r*i -�] <br />N �-- <br />20110352� <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 P1atte Valley State Bank & Trust Co, Its. Successors and/or Assigns, hereinafter <br />called LENDER #� and Brent W Keenportz and Tracy Keenportz, Husband and Wife, <br />hereinafter called BORROWER, <br />WHEttEAS, BORROWER is the owner of the real estate hereinafter called <br />PROPERTY which is described as: <br />Lot Thirteen (13), Westwood Park Eighth Subdivision, in the City of Grand Island, Hall <br />County, Nebraska, <br />WHEREAS, BORROWER has executed a Note in a principal amount of $44,250 <br />secured by a 1Vlortgage/Deed of Trust in favor of LENDER #1, covering the <br />PROPERTY, recorded on as Inst. No.�a ) I ���,�� in the office of the Register of <br />Deeds of Hall County, Nebraska. <br />WHEREAS, BORROWER will be executing or has executed a Note in a <br />principal amount not to exceed $236,000 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 />Register of Deeds of Hall County, Nebraska. <br />NOW' TH�,REFORE, 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 LENI�ER #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, insuxance or costs advanced to protect its security. <br />� <br />Dated this��d�y of April, 2011 <br />STATE OF NEBRASKA ) <br />)SS: <br />COUNTY OF HALL ) <br />� <br />�o <br />� <br />� � � <br />� � � <br />� � <br />�LENDER #1) <br />By: <br />Darla Burnham Vice P <br />Platte Valley State Bank & Trust Co. <br />O <br />N <br />O <br />�--• <br />�---° <br />� <br />GJ <br />cn <br />N <br />CD <br />r � <br />� � �� <br />� <br />Acknowledged before me this � day of Apri12011 by Darla Burnham, Vice <br />President of Platte Valley State Bank & Trust Co. on behalf of said C rporation. <br />� GEN AL N�TARY - State of Neb�a� NOt�,ty UUIIC <br />VALERIE GALVAN <br />y Comm. Exp. Nov.17, 2014 <br />