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<br /> <br /> <br /> M C M CA M <br /> z CD <br /> o O -A <br /> f qy fJl ~ti C _ a <br /> a ~ 37 <br /> (A r7 <br /> rrr~ \ f C <br /> CD CO <br /> c <br /> 4~- n N C p Z <br /> U C M <br /> t; <br /> C- <br /> wry C.] (7' - m <br /> 200940415 cn Cw z <br /> Cn o <br /> UNILATERAL SUBORDINATION AGREEMENT <br /> WHEREAS, the parties to this agreement are the old lender, namely The Platte <br /> Valley State Bank & Trust Company hereinafter called LENDER #1; and the new lender, ~J\ <br /> namely First National Bank of Omaha, A National Banking Association, its Successors <br /> and/or Assigns, hereinafter called. LENDER #2 and Paul Thomas Bykerk Jr and Diane M <br /> Bykerk, Husband and Wife, hereinafter called BORROWER, <br /> WHEREAS, BORROWER is the owner of the real estate hereinafter called <br /> PROPERTY which is described as: <br /> LOT TWO (2), ROSS HEIGHTS FOURTH SUBDIVISION, IN THE CITY OF GRAND <br /> ISLAND, HALL COUNTY, NEBRASKA. <br /> WHEREAS, BORROWER has executed a Note in a principal amount of $17,1.11.00 <br /> secured by a Mortgage/Deed of Trust in favor of LENDER #1, covering the <br /> PROPERTY, recorded on as Inst. No. 200607611 in the office of the Register of Deeds <br /> of Hall County, Nebraska. <br /> <br /> WHEREAS, BORROWER will be executing or has executed a Note in a <br /> principal amount not to exceed $146,000.00 to be secured by a Mortgage/Decd of Trust in <br /> favor of LENDER #2, covering the PROPERTY, and to be recorded in the office of the <br /> Register of Deeds of Hall County, Nebraska. ce 6c C- 41-9(y rl / " <br /> <br /> <br /> NOW THEREFORE, in consideration of $1.00 and other valuable <br /> consideration, receipt whereof is hereby acknowledge, LENDER #1 agrees to <br /> subordinate and does hereby subordinate its liens as shown and referred to above, to the <br /> lien of LENDER #2 as shown and referred to above, but only to the extent of the <br /> principal amount of the new lien as shown in the above paragraph, plus any accrued <br /> interest, taxes, insurance or costs advanced to protect its security. <br /> <br /> Dated this 8th day of January 2009. <br /> rf <br /> a 'y" aid !'j I <br /> rr s,e~. : rf •~'r ~ ~a d°' t' ~-I' rte. J - <br /> - Platte Valley State Bank & Trust Co. <br /> r1 (LENDER #1) <br /> By: ~-LA LL 2a WWC~ <br /> w-' r w Claudia G Fredricks Vice President <br /> st; T'E'OF NEBRASKA ) <br /> )SS: <br /> COUNTY OF BUFFALO ) <br /> <br /> Acknowledged before me this 8th day of January 2009 by Claudia G Fredricks , Vice <br /> President of Platte Valley State Bank & Trust Co. on behalf of said Corporation. <br /> <br /> GENERAL NOTARY • State of NeWuM <br /> HOLLY THM <br /> Cwm O& 27r 2012 Nota u lic <br />