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<br /> WFIEN RECORDED MAIL TO:
<br /> Equitable Bank
<br /> Diers Avenue Branch
<br /> PQ Sox 7 60
<br /> Grand Island.NE 68802-0'160 FOR RECORDER"S USE ONLY
<br /> NOTICE: Tli1S SUBORDINATION OF DEED OF TRUST RESULTS IN YOUR SECURITY IIVTEREST
<br /> IN THE PROPERTY BECOMIIVG SUBJECT TO AND OF LOWER PRIORITY THAiV YHE LIEN OF
<br /> SOME OTHER OR LATER SECURITY WSl'RUMENT_
<br /> Sf1BORDINATION OF DEED OF TRUST
<br /> THIS SUBORDINATION OF DEED OF TRUST dated August 15, 2012, is made and executed
<br /> among Equitable Bank (Grand Island Regeon) ("Beneficeary"}; Bank of Doniphan ("Trustee");
<br /> MARSH PROPERTIES LLC ("Borrower"), and Equitable Bank ("Lender").
<br /> SUBORDINATED INDEBTEDNESS_ Beneficiary has extended tne fiollowing described fiinancial accommodations,secured
<br /> by the Real Property(the "Subordinated Indebtedness^):
<br /> The above mentioned trust deeds were given as security for Loans,described in trust deeds,in the original amount
<br /> of Two Hundred Thirty-Five Thousand and NO/00 ($235,000.00)executed on February'1,201 O by trustor in favor
<br /> ofi beneficiary.
<br /> SUBORDINATED DEED OF TRUST. The Subordinated Indebtedness is or will be secured by the Real Property and
<br /> evidenced by a deed of trust dated August 15, 2012 from MARSH PROPERTIES LLC ("Trustor") to Bank of Donipna:n
<br /> ("Trustee") in favor ofi Equitable Bank (Grand Island Region) ("Beneficiary"J (the "Subordinated Deed ofi Trust") and
<br /> recorded in HaII County, State of Nebraska as follows:
<br /> Deed of Trust dated February'1,2090, and recorded in the Hall County Register ofi Deeds on February 2, 2070, as
<br /> Instrument#20 7 000 743.
<br /> REAL PROPERTY DESCRIPTION. The Subordinated Deed ofi Trust covers the following described real property (the
<br /> "Real Property") located in Hall County, State of Nebraska:
<br /> The Northerly Sixty-nine (69) feet of the Westerly Thirty-five (35) feet of Lot Five (5) in Block Eght (8) in H.G.
<br /> Clarks Addition to the City of Grand Island; Hall Counxy, IVe6raska.
<br /> The Real Property o� its address is commonly known as 807-809 N Elm St, Grand Island, NE 68801. The Real
<br /> Property tax identification number is 400030268_
<br /> SUPERIOR INDEBTEDNESS. Lender has extended or has agreed to extend the following described financial
<br /> accommodations to Borrower,secured by the Real Property(the "Superior Indebtedness"):
<br /> Trustor desires to obta7n a loan in the amount of Twenty Two Thousand, Two Hundred Sixty Five and No�00
<br /> ($22.265.00) from EQUITABLE BANK, 7'13-775 N. Locust St., City of Grand Island, County of HaII, State of
<br /> Nebraska, herein referred to as lender, but lender requires that such loan be secured by a trust deed that will 6e
<br /> prior to the trust deed in favor of 6eneficiary.
<br /> LENDER'S LIEN_ The Superior Indebtedness is or will be secured by the Real Property and evidenced by a mortgage,
<br /> deed of trusY, or other lien instrument, dated August 15, 20'12, from Borrower to Lender (the "Lender's Lien"j and
<br /> recorded in H�all County, State of Ne6raska as fio�llows �
<br /> �D ed of Trust dated August 75, 2072 and reeorded in Hallp County Register ofi Deeds on
<br /> �a$� '�,Qj� aslnsVumentNo. Zd�'2d(Op �1
<br /> As a condition to tne granting of the requested financial accommodations, Lender has required that the�Lender's Lien be
<br /> and remain superior to tne Subord�inated Deed of Trust.
<br /> REQUESTED FINANCIAL ACCOMMODATIONS_ Trustor, who may or may not be the same person or entity as
<br /> Borrower, and Beneficiary each want Lender to provide financial accommodations to Borrower in the form of the
<br /> Superior Indebtedness. Trustor and Beneficiary each represent and acknowledge to Lender tnat Benefi�ciary will. benefiit
<br /> as a result of these financial accommodations from Lender to Borrower, and Beneficiary acknowledges receipt of
<br /> valuable consideration for entering into this Subordination.
<br /> NOW THEREFORE THE PARTIES TO THIS SUBORDINATION�HEREBY AGREE AS FOLLOWS:
<br /> SUBORDINATION. The Subordinated Deed of Trust and the Subordinated Indebtedness secured by the Subordinated
<br /> Deed ofi Trust is and shall be subordinated in all respects to Lender's Lien and the Superior Indebtedness, and it is
<br /> agreed that Lender's Lien shall be and remain, at all times, prior and superior to the lien of the Subordinated Deed of
<br /> Trust. Benefi�ciary also subordinates to Lender's Lien alI other Securiiy Interests in the Real Property held by
<br /> Benefiiciary, wheiher now existing or hereafter acquired. The words "Security Interest^ mean and include without
<br /> limitation any type ofi collateral security, whether in the form. of a lien, charge, mortgage, deed of trust, assignment,
<br /> piedge, cnattet mortgage, chattel trust, factor's lien, equipment trust, conditional sale, trust receipt, lien or title
<br /> retention contract, lease or consignment intended as a secu�iYy device,.or any other security or lien interest whatsoever,
<br /> whether created by Iaw, contract, or otherwise.
<br /> BENEFICIARY'S REPRESENTATIONS AND W�.4�RRANTIES. Beneficiary represents and warrants to Lender that: (A) no
<br /> representations or agreements of any kind have been made to Bene#iciary which would limiti or qualifiy in any way the
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