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c C 1( CHECK 13Vd1S9V 'ro Return To: Farm Service Agency 703 South Webb Road, Ste. A Grand Island, NE 68803 FSA-2319 (10-13-22) 0 5 REFUNDS: CASH CHECK i1L 2025 L,` D L n E 3:3b Form Approved — OMB No. 0560-0237 ,, C l (See Page 2 for Privacy Act and Public Burden Statements) `C(! U.S. DEPARTMENT OF AGRICULTURE Farm Service Agency AGREEMENT WITH PRIOR LIENHOLDER Position 5 1. WHEREAS (a) TOWN AND COUNTRY BANK (Mortgagee) is the holder of a certain (b) TRUST DEED (Security Instrument) recorded in Book No. (c) of the (e) County; (g) REGISTER OF DEEDS Page (d) Records of (f) NEBRASKA HALL 2. WHEREAS MATTHEW M. PANOWICZ AND SARAH S. PANOWICZ (HUSBAND AND WIFE) (Mortgagor) is the owner of certain real estate described in the above listed security instrument; and 3. WHEREAS, Mortgagor has applied to the United States of America, United States Department of Agriculture, acting through the Farm Service Agency (Government), for a loan to be secured by a mortgage, deed of trust, or other security instrument that will be subject to the Security Instrument held by or the benefit of Mortgagee; 4. THEREFORE, in consideration of the making of the loan by the Government, Mortgagee, for Mortgagee's self, heirs, executors, administrators, successors, and assigns does hereby agree: (a) That, if not required under State law, foreclosure proceedings will not begin unless the Government is provided prior written notice by certified mail not later than the date the notice to cure is provided to the borrower. This notice will be sent to the following address: FARM SERVICE AGENCY 703 S. WEBB RD., SUITE A GRAND ISLAND, NE 68803 (b) That the Government may, at its option cure any monetary default by paying the amount of the Mortgagor's delinquent payments to the Mortgagee, or pay the obligation in full and the Mortgagee will assign the lien to the Government subject to any provisions for borrower rights incorporated therein or otherwise applicable to the Mortgagor as stated in statute or regulation. (c) That to the extent the Security Instrument secures future advances, which have priority over the Government's security instrument, no advances for purposes other than taxes, insurance or payment on other prior liens will be made under any future advance feature of the Mortgagee's Security Instrument without the written consent of the Government. Nothing in this Agreement shall be construed to prevent the Mortgagee from readvancing within an existing line of credit up to the existing maximum principal borrowing limit; and FSA-2319 (10-13-22) Page 1 of 2