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m � � N �� m"' � cD m 1 � n�� N Zm N m o �o� , Z �O 0 0 � � o�p O OZ N ai � � zn T o G��O N 2W � z � �7 A ffl � r�1 � � � mn mp � � r(A O C � �� 00 � � Z A � � W Z O Retarn Address: Equitable Bank PO Boa 160 Grand Island NE 68502-0160 AGREEMENT SUBORDINATING EXISTING TRUST DEED TO NEW TRUST DEED Agreement made the 21 ST day of NOVEMBER_ 2012,between JOHN STADE AND KATHERINE STADE. HUSBAI�TD Al\TD WIFE,of 911 E SOUTH ST,GRAND ISLAND,NE 68801;HALL COUNTY,State of Nebraska,herein referred to as trustor,Equitable Bank,of 113-115 iV.Locust St.,Grand Island,Ha11 County,Nebraska,herein referred to as beneficiary. The parties recite and declare that: a. Trustor executed a trust deed on Deceinber 2,2010,in favor of beneficiary,which was recorded on December 6,2010 in the cffice of the Register of Deeds,of Hall County, State of Nebraska,as Document No.0201009054 coveruig the following describefl property(as defined in Neb.Re�.State.76-201)in Hall County,Nebraska. LOT SEVEN('�,IN PL�ASANT VIEVd THIRTEE\TTH SUBDIVISION,IN THE CITY OF GRAND ISLAND,IIA.i.,L COLTNTY,NEBRASKA b. The above mentioned trust deed was�ven as security for I,oan,described in such trust deed,in the original amount of Twenty Thousand and 00/l 00---($20,000.00)Dollars, executed on December 2,2010 by trustor in favor of beneficiary. a Trustor desires to obtain a loan in the amount of One Hundred Twenty One Thousand Five I��ndred and No1100---(�121,500.00)Dollars,from EQUITABLE BANK, 113-1151\�. Locnst St.,City of Grand Island,County of Hall,State of Nebraska,herein refcrred to as Iender, but Iender requires that such loan be secured by a trust deed that will be prior to the trust deed in favor of beneficiary. d. Beneficiary is willing to subordinate the lien of the trust deed in their favor insofar as it cncumbers the above-descn`bed premises,to the trust deed made in favor of lender in order that trustor may obtain such loan from lender. For the reasons set forth above,and in consideration of the mutual covenants and promises of the parties hereto,tntstor and beneficiary covenant and agree as follows: