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i ' �. <br /> . <br /> . gg_it�3�46 <br /> NOW THEREFORE, in consideration of the covenants contained herein, the parties <br /> agree as follows: <br /> 1. Subordination. Leinholder agrees to and hereby does subordinate its second <br /> mortgage lien in the Property to a new first mortgage lien to be filed by the Lender in order <br /> to refinance its existing first mortgage. <br /> 2. Effect. The Lender agrees that Leinholder's second mortgage shall in no way be <br /> impaired or affected by this Agreement except that the second mortgage lien shall stand <br /> junior and subordinate to the Lender's new first mortgage in the same manner and to the <br /> same extent as if the Lender's new first mortgage had been filed prior to the execution and <br /> recording of the Lienholder's second mortgage. <br /> In Witness Whereof, the parties have executed this Subordination Agreement as on <br /> the date and year first above written. <br /> NORWEST BANK NEBRASKA NA <br /> ("Lienhold ' <br /> State of NEBRASKA ) <br /> County of HALL 1 SS <br /> On this day of ApRIL . 1998 before me a notary public in and for the <br /> above county and state, appeared KIRK L. KELLNER , <br /> who stated that he/she is the PRESIDENT of NORWEST BANK NEBRASKA, NA <br /> and acknowledged that he/she signed and delivered this instrument as a free and voluntary <br /> act and the free and voluntary act of the corporation. <br /> <�,���'�'a ,2������,�,-��Y <br /> GENERAI NOTARY�State o1 Nebraska Notary Public <br /> NMFL�4377 8/97 (I Page 2 of 2 <br /> IAURA L.NORVEII <br /> My Comm.Ezp.Nov.l,2000 <br /> ....,;;; <br /> 'rr. <br /> ti v . <br /> . � <br /> v�.` <br /> � • <br /> ' ds,; <br />