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� <br />�� <br />0 � <br />� �- <br />� ��� <br />� <br />� �� <br />Cn �� <br />� � <br />� <br />�� <br />e� <br />�� <br />� <br />� <br />�6. <br />c� cn <br />o —s <br />C D <br />� m <br />� <br />� O <br />o � <br />Tt L <br />z rn <br />� m <br />r � <br />r z' <br />cn <br />� <br />n <br />v� <br />V� <br />A <br />69Y <br />C <br />� � � <br />� � <br />�-..- <br />� <br />1 � <br />t°1 � D� <br />� r �i. � <br />� p � °- �� _ r� <br />^ O Y, <br />h-' <br />� w <br />� �� � � � <br />C � � <br />;, <br />° �� '-, � <br />r~� <br />o � � <br />rn � <br />� <br />u� <br />UNILATERAL SUBORDINATION AGREEMENT <br />WHEREAS, the parties to this agreement are the old lender, namely T'he Platte <br />Valley State Bank & Trust Company hereinafter called LENDER #1; and the new lender, <br />namely Home Federal Savings & Loans Association of Grand Island, its Successors <br />and/or Assigns, hereinafter called LENDER #2 and Drue L. Bamesberger and Beth J. <br />Bamesberger, as husband and wife, hereinafter called BORROWER, <br />WHEREAS, BORROWER is the owner of the real estate hereinafter called <br />PROPERTY which is described as: <br />The Southerly Sixty (60) feet of Lot Two (2) and all of Lot Three (3), <br />Block Two (Z), Farmington Second Subdivision, and addition to the City of <br />Grand Island, Hall County, Nebraska. <br />WHEREAS, BORROWER has executed a Note in a principal amount of $50,140.00 <br />secured by a MortgagelDeed of Trust in favor of LENDER #1, covering the <br />PROPERTY, recorded on November 8, 2007 as INST 0200709541 in the office of the <br />Register of Deeds of Hall County, Nebraska. <br />WHEREAS, BORROWER will be executing or has executed a Note in a <br />principal amount not to exceed $74,000.00 to be secured by a Mortgage/Deed of Trust in <br />favor of LENDER #2, covering the PROPERTY, recorded on March 21, 2011 as <br />INST 0201102222 in the office of the Register of Deeds of Hall County, Nebraska. <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 7 day of July 2011. <br />Platte Valiey State <br />Bank & Trust Ca <br />Platte Valley St e Bank & Trust Co. <br />�LENDER #1) <br />By: <br />Darla Burnham, Vice President <br />STATE OF NEBRASKA ) <br />)SS: <br />COUNTY OF HALL ) <br />Acknowledged before me this 7` day of July 2011 by Darla Burnham, Vice President of <br />Platte Valley State Bank & Trust Co. on behalf of said Corporation. <br />0 <br />GENERAI NOtARY• State of Nebraska ot PubliC <br />UIdDA M. RASMUSSEPI �' <br />� My Comm. Exp. Oec. 23, 2011 <br />� <br />v <br />� <br />� <br />� <br />�' <br />� <br />� <br />� <br />0 <br />N <br />O <br />� <br />� <br />0 <br />C.TI <br />� <br />cn <br />U'� <br />(� o �� <br />� <br />