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200203958
<br />SUBORDINATION AGREEMENT
<br />The Heritage Bank, Grand Island, Nebraska, hereinafter called Bank is the owner
<br />and holder of certain instruments executed by Lyle A. Scheer and Karin J. Scheer,
<br />Husband and Wife, hereinafter called borrower, of Hall County, Nebraska, creating a lien �\
<br />and security interest in the following described real estate recorded as document no.
<br />0200102486
<br />And, Heritage Bank, Grand Island, Nebraska, hereinafter called new lender has
<br />loaned money to borrower, provided new lender receives a Deed of Trust and first lien on
<br />the foregoing described real estate to secure the performance of all terms and conditions
<br />of the secured promissory note and any payments thereunder., recorded as Document
<br />NO. 200103584.
<br />THEREFORE, in consideration of the above Bank agrees to and hereby
<br />subordinates in favor of new lender, and its successors and assigns, all its liens or security
<br />interests executed by borrower, insofar as they cover the following described property:
<br />Lot Seven (7), Block Nine (9), University Place Subdivision, Grand Island, Hall County,
<br />Nebraska..
<br />IN WITNESS WHEREOF, Heritage Bank, Grand Island, Nebraska, has caused this
<br />Subordination to be signed on the 9 day of April, 2002
<br />HERITAGE BANK
<br />BY: ch�-
<br />ichelle Hurd, Personal Banker
<br />State of Nebraska )
<br />County of Hall )
<br />On this 9 day of April, 2002, before me, the subscriber, a Notary Public in and for
<br />the above County and State, appeared Michelle Hurd, Personal Banker of Heritage Bank
<br />and the person who executed the foregoing instrument, and acknowledged to me that
<br />he /she executed the same as the free act and deed of for the
<br />uses and purposes therein mentioned.
<br />Nota> j Pu )ic
<br />My commission expires: - NOTARY- $We of N0200
<br />JACQUELYN J. Pou.oCK
<br />My Corm. E'q. JWy 19, 2005
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<br />200203958
<br />SUBORDINATION AGREEMENT
<br />The Heritage Bank, Grand Island, Nebraska, hereinafter called Bank is the owner
<br />and holder of certain instruments executed by Lyle A. Scheer and Karin J. Scheer,
<br />Husband and Wife, hereinafter called borrower, of Hall County, Nebraska, creating a lien �\
<br />and security interest in the following described real estate recorded as document no.
<br />0200102486
<br />And, Heritage Bank, Grand Island, Nebraska, hereinafter called new lender has
<br />loaned money to borrower, provided new lender receives a Deed of Trust and first lien on
<br />the foregoing described real estate to secure the performance of all terms and conditions
<br />of the secured promissory note and any payments thereunder., recorded as Document
<br />NO. 200103584.
<br />THEREFORE, in consideration of the above Bank agrees to and hereby
<br />subordinates in favor of new lender, and its successors and assigns, all its liens or security
<br />interests executed by borrower, insofar as they cover the following described property:
<br />Lot Seven (7), Block Nine (9), University Place Subdivision, Grand Island, Hall County,
<br />Nebraska..
<br />IN WITNESS WHEREOF, Heritage Bank, Grand Island, Nebraska, has caused this
<br />Subordination to be signed on the 9 day of April, 2002
<br />HERITAGE BANK
<br />BY: ch�-
<br />ichelle Hurd, Personal Banker
<br />State of Nebraska )
<br />County of Hall )
<br />On this 9 day of April, 2002, before me, the subscriber, a Notary Public in and for
<br />the above County and State, appeared Michelle Hurd, Personal Banker of Heritage Bank
<br />and the person who executed the foregoing instrument, and acknowledged to me that
<br />he /she executed the same as the free act and deed of for the
<br />uses and purposes therein mentioned.
<br />Nota> j Pu )ic
<br />My commission expires: - NOTARY- $We of N0200
<br />JACQUELYN J. Pou.oCK
<br />My Corm. E'q. JWy 19, 2005
<br />
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