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m <br /> � � N p� � <br /> m"' ° cD m <br /> 1 � n�� N Zm N m <br /> o �o� , D �O � D <br /> N - ZD Q Z �Z 0 (� <br /> a ��0 � DW � (�/� <br /> N <br /> � fnCmi 0 � � r� � � <br /> � ��� � � � <br /> o m <br /> w <br /> o° (,J � � <br /> � Z <br /> O <br /> Rehirn Aciciress: <br /> Equitable Bank <br /> PO Bog 160 <br /> Grand Island N�68802-0160 � <br /> AGREENI�NT SUBORDINATING EXISTING <br /> TRUST DEED TO NEW TRUST DEED <br /> Agreement macle the 3rd day of Januarv,2012,between Michael J Hollister and Slleila 7 <br /> Hollister,Husband and Wife,of 551 W Lowry RD,Doniphan,HALL COUNTY,State of <br /> Nebraska,herein refeired to as trustor,Equitable Bank,of ll 3-115 N.Locust St.,Crrand Island, <br /> Hall County,Nebraslca,lierein rcferred to as beneficiary. <br /> Tlie parties reeite and declare that: <br /> a. Tnistor executed a tn�st deed on Deceinber 20,2011,in favor of beneficiary,wluch <br /> was recorded on DeceinUei 28,2011 in the office of the Register of Deeds,of Hall County,State <br /> of Nebraska,as Docwnent No.201109747 covering the following described property(as clefined <br /> in Neb.Rev. State.76-201)in I-Iall County,Nebrasl�a. <br /> A tract of land in the Northeast corner of the Northwest Quarter(NW 1/4)of 5ection Thirty-Three(33) <br /> Township Ten(10)North,Range Nine(9)West of the 6`�'P.M.,Hall County Nebraska,described as <br /> follows:Commencing at tl�e 1\iorth Quarter Corner of said Secfion 33,thence South on the Half Section line <br /> a distance of 500 feet,thence West and parallel to the North Section line of said Section a distance of 348.5 <br /> feet,thence North and parallel to the half section line a distance of 500 feet,thence East in the Section line <br /> a distance of 348.5 Peet to the point of beginning. <br /> b. The above mentioned trust deed was given as security Far Loan,described in such <br /> trust deed,in the original amount of Twenty Seven Thoiisand Six Hundred Twenty Bight and <br /> 66/1Oo---($27,628.6�Dollars,exectited on DecemUer 20,2011,by trustor in favor of <br /> beneficiary. <br /> c_ Trustor desires to obtain a loan in the ainount of Oi1e Hundred�iuety One Thousand <br /> Five Hundred and No/100---($191,500.00)Dollars,from EQLTITIIBLE BAIVI�, 113-115 N. <br /> Locust St.,City of Crrand Island,County of HaIl,State of Nebraska,herein referred to as lender, <br /> but lender requires tl7at such loan be secured by a tnist deed that will Ue prior to t$e tnlst deed in <br /> favar of veneficiary. <br /> d. Beneficiary is willing to subordinate the lien of t11e trust deed in their favor insofar as <br /> it enciunbers the above-desciibed premises,to the tnist deed made in favor of lender in order tliat <br /> trustor inay obtain such loan from lender. For the reasons set forth above,and in consideratiou of <br /> the muttial co�Tenants ai1�promises of the parties hereto,hl.istor and beneficiary cvvenaiit and <br /> agree as follows: <br />