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- <br />�s <br />�� <br />— <br />� — <br />� �� <br />� — <br />� �� <br />0 <br />CJJ �� <br />c� <br />n� �� <br />� <br />s� <br />�— <br />� <br />�� <br />a <br />� <br />�� <br />y.: <br />�,. <br />� <br />� <br />'3°E <br />� <br />fD � <br />D <br />� � � <br />� � <br />Space above line for recording purposes. <br />� � <br />� �a <br />� <br />1 <br />� <br />.� <br />� ~ <br />g � � <br />� � � <br />r-- .- , ^ { <br />�? r " - � — <br />1 , �� <br />� � <br />� -D <br />� � <br />_� <br />� { 'a � <br />�� <br />m �' N <br />� N <br />c,a <br />SUBORDINATION AGREEMENT <br />� � <br />o --i <br />C D <br />� rn <br />--� <br />� O <br />O "� <br />-t'1 z <br />T rn <br />D m <br />r � <br />r n <br />� <br />� <br />n <br />C!'� <br />� <br />NOTICE: This Subol'd1II8ti0II agreement results in your security Interest in the properly becoming subject to and of lower pr[ority <br />than the lien of some other or later security instrument <br />This Agreement is made this 9th day of May 2011, by and between Equitable Bank <br />(herein called "Lien Holder"), and Wells Fargo Bank, N.A., A National Bank (herein called the <br />"Lender"). <br />RECITALS <br />Lien Holder is the beneficiary/mortgagee under a deed of trust/mortgage, dated October 14, <br />2009, executed by Holly F. Ortega and Charles R. Ortega, (the "Debtor") which was recorded <br />in the county of Hall, State of Nebraska, as Instrument No. 200908236 and subordinated to (the <br />"Subordinated Instrument") covering real property located in Crrand Island in the above-named <br />county of Hall, State of Nebraska, as more particularly described in the Subordinated <br />Instrument (the "Property"). <br />PLEASE 5EE ATTACHED EXHIBIT KA" (Legal Description) <br />Lot Seven (7) in block Seventeen (17) in �� and Decker's Addition to the city of Grand <br />Island, Hall County, Nebraska K�.rna� <br />Lender will make a loan to the Debtor secured by a deed of trust/mortgage on the Property <br />which will be recorded (the "Lender Instrument"). The Lender Instrument will secure a <br />promissory note/line of credit agreement in the amount of <br />$77,000. <br />0 <br />N <br />O <br />�'�'► <br />�� <br />O <br />W <br />ca <br />N <br />G,T'1 <br />�,� 5� <br />Lien Holder has agreed to execute and deliver this Subordination Agreement. <br />