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m � � N p� � m"' � cD m � � n� � N zm N m o �o � . O �O o 0 w � 0 c� p C� O z N cDi� � � �� „ � =m o�o z j � O D W GJ � � TA m �� � m� o D rcDn � � � �� 0 0 0�0 � z � � � � o Return Address: Equitable Bank PO Box 160 Grand Island NE 68802-0160 AGREEMEN�' SUBOI2DINATING EXISTING 'I'RUS'I'DEEI) TO NEW T�2UST 12EED Agreement made the 2nd day of October. 2012,between M ARVTN RIEF AND DOROTHY RIEF, HUSBAND AND WIFE, of 216 LAKESIDE DR, GR1�ND ISLAND, HALL COUNTY, State of Nebraska,herein referred to as trustor,Equitable Banl�, of 113 N. L,ocust St., Grand Island, Hall County,Nebraska, herein referred to as beneficiary_ The parties recite and declare that_ a. Trustor executed a tntst deed on Deceinber 13, 2010, in favor of beneficiary,which was recorded on December 17, 2010 in the office of the Register of Deeds, of Hall County, State of Nebraska, as Docurnent No. 201009447 covering tlze following described property(as defined in Neb_ Rev. State_ 76-201) in Hall County,Nebrasl�a. LOT SEVENTEEN (17), HIDDEN LAKES SUBDIVISION NUMBER FOUR, HALL COUNT�',NEBRASKA. b. The above mentioned trust deed was given as security for Loan, c�escribed in such trust deed, in the original amount of Six-ty Thousand and 00/100---($60,000.00) Dollars, executed on Deceinber 13, 2010,by trustor in favor of beneficiary. c. Trustor desires to obtain a Ioan in the amount of One Hundrecl Seventy One Thousand and No/100--- ($171,000.00) Dollars, froin EQiJITASLE BANK, 113 N. Locust St., City of Grand Island, County of Ha11, State of Nebraska,herein referred to as lender,but lender requires that such loan be secured by a trust deed that will be prior to the tnist deed in favor of beneficiary. c�_ Beneficiary is willing to subordinate the lien of the trust deed in their favor insofar as it encumbers the above-described preinises, to the trust deed made in favor�f lender in order that trustor lnay obtain such loan from lender_ Far the reasons set forth al,ove, and in c�usideration of the mutual covenants and promises of the parties hereto,trustor aizd beneficiary covenant and agree as follows: