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� v \ <br />In ° n <br />Z f7 S L s C D <br />A y N �a -< m <br />-� cn T' z <br />C7 <br />Co <br />rNo <br />C ' W <br />Subordination Agreement <br />This Agreement is made this 2nd day of March 2004, by and between HERITAGE <br />BANK, a state banking corporation, located at 1333 N. Webb Road, P.O. 5138, Grand <br />Island, NE 68802 ( herein after called "Lender "), and Janine Bayles, herein after called <br />the( "Lienholder "), Grand Island, Nebraska. <br />RECITALS <br />Lien Holder, Bayles, is the Mortgagee under a Mortgage, dated November 6, 1990, <br />executed by Jean Claude Dubois (one of the "Debtors ") which was recorded as <br />instrument # 90- 106412 in the Office of the Register of Deeds of HallCounty, State of <br />Nebraska, ( the "Subordinated Instrument ") covering property located in the above - <br />named county of Hall, State of Nebraska, more particularly described as follows: (the <br />"Property "). <br />THE EAST ONE HALF (E %2) OF LOT EIGHT (8), AND ALL OF LOT NINE (9), <br />IN FRACTIONAL BLOCK SEVENTEEN (17) IN SCHIMMER'S ADDITION TO THE <br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA. <br />Provided that this Subordination Agreement, only subordinates the lien of LIEN <br />HOLDER, JANINE BAYLES, on the partial actually described herein. <br />Lender will make a loan to the Debtors, Jean Claude Dubois, a single person and <br />Bessie I. McCoy fka Bessie I. Dubois, a single person, (owners as tenants in common), <br />secured by a deed of trust on the Property described herein which will be recorded as (the <br />"lender Instrument "). The Lender Instrument will secure a promissory note of $45,000. <br />Lien Holder has agreed to execute and deliver this Subordination Agreement. <br />o6n <br />N,., <br />OO 1 <br />, <br />O <br />N <br />O <br />co <br />O <br />r <br />c� <br />