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<br /> `, �� ;�:` NOW THEREFORE, in consideratien oi the covenants contafirted herein,the parties .,,�,-._�-
<br /> , , • � , agree as foltows: • ��
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<br /> �' � � 'a 1. Subordination. Leinholder agrees to and hereby daes subardinate its second ���. � .
<br /> _ �°,-.•... ` .��
<br /> mortgaSe�ien in the Property to a new ftrst mortgage tien to be fitad by the Lender In order ��`''� - -
<br /> - �. � � � .. to refina.nce its euisting.�irst mortgage. �h�'_ �
<br /> • 2, Effect. The Lender agrees that Lein�older's secand mortgage shaii in no way he � �
<br /> . �---,— . im aired or affected by this AgreetneM except tfiat 4he second mertgage iien shall stand �"�,�r-'�r:
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<br /> junlor and subordinate to the Lender's new first rriortgage in the same manner and to the �. �_
<br /> � • � sama exter►t as if the Lenders new first mortgage had been ft[ed prior to the executIon and _-
<br /> � �``,., �ecording of the Ltenholder's second mortgaga. :-- _._
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<br /> : , - !n Witness Whereof,the parties have executed this Subordina�ion Agreement as on �_- .
<br /> , the date and year flrst above written. _-� _
<br /> , ..-� � _, --
<br />`�• ', :�' NOc'�ST HANR NffiRASRA NA _- ----
<br /> F•:. , , ('Uonhofder' • - �-
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<br /> .�( +�' �: _ .�_^'C.S1��C:_
<br /> , . . . - Ri L. Rellner, P esident :"��„�=`=
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<br /> • S • St?*.e Of Nk81tASKA ) . �'$"�. __ --
<br /> • . � �: County of HALL }SS � . �y
<br /> , , :�:
<br /> ��� � On this'L'1 day of FEBRUARY .1998 .before me a notary publtc in and for the � � • _-----
<br /> •;,t.� .-
<br /> "� � � above county and state,appeared Rirk L. xeliner � �:;:.;
<br /> � - � who stated that he/she is the Presideat of NORWEST BANR NEBRASRA, NA :�:` -
<br />�:• :; •.. . .. �'� ,•--.--'�_
<br /> ,� . ;' and acknowtedged that helshe signed and delivered this instrumern as a free and voluntary � � . _ :.
<br /> •`� � ' act an�the free and volu�tary act of the corporation. '_"°�-
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<br /> r� NOtety Publio ".
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