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__.. <br /> . . ��. ��.a.r�a:*... �•-�='._!s'--- �---- <br /> __. <br /> - . � —-"'..."-------- - '_' t=•�=.-- <br /> i1�S4�irta:`.i•– _ ....__ _ _� <br /> �1� I69aaI <br /> �or tha r��ona aet forth abovc. and in conalderation of the mutuel covenante euid <br /> promieee of the pulica hereta�trustor and beneRciary covenant and agreo ua fallowa: <br /> SECTION ONB <br /> SUBQRDINATIOIV <br /> As an lnduccment to lender to grant such loan to trustor,benoficisry and trusteo he�eby <br /> subord�r�ute the abovadescribed trust dxd of MARCH 12. ,19 96 ,in <br /> favor of beneficiery,to the hvst deed in fovor of lender that is being recorded wtth thia <br /> agrament.Benaficiary and trustee further agne that the lien of the trust deed Ia favor of leader <br /> shall tso and is in alt res}xcts a lien prior and aupedor to the lien of the trust deed in favor of <br /> beneficiary• . <br /> SECTION TWO <br /> APPROVAL OF LOAN TERMS <br /> The terrn�of the loan fcom lender to trustor aro ss follows: <br /> LOAN Ah10UNT: 560�000.00 AATE: 7.500 <br /> TERM: 1e0 MONTHS <br /> BeneRciary henby appmves all the terms of such loan. <br /> SECTION THREE <br /> II�IUREMENT;BINDINC�EFFECT <br /> This agreemeat shall inure to the benefit of lender,its successors and esslBn�,end�dtsil be <br /> binding on beneftciary and truator and their nspective euccessor�nnnd ssslQna. <br /> In witnas whereof,the pa�tles have executed thiis agroement nt rpa�",,,�.o I� <br /> N�BRASKA on OCT08ER 27 :19�. <br /> THE EQUITABLE BUIIDING AND L�AN ASSOCIA7ION <br /> OF GRANO ISLAND� NEBRASKA� A FEDERAL SAVINGS BANK • <br /> Beneficiuy <br /> BY ���' ��/.��P��'__ <br /> JOANNE ROUSH HOLMES <br /> VICE PHESIDENT/CORP. SECRETARY <br /> (Title) <br /> • I hereby consent to the above subordinatlon and agron to be bound by it. <br /> Tn�at� <br /> EARL D. AHI.SCHWEDE� A7TORNEY <br /> I.: <br /> � - - - <br />