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200103643 <br />SECTION ONE <br />SUBORDINATION <br />As an inducement to lender to grant such loan to trustor, beneficiary and trustor hereby <br />subordinate the above - described trust deed of October 11, 2000, in favor of beneficiary, to the <br />trust deed in favor of lender. that is being recorded with this agreement. Beneficiary and trustor <br />further agree that the lien of the trust deed in favor of lender shall be and is in all respects a lien <br />prior and superior to the lien of the trust deeds in favor of beneficiary. <br />SECTION TWO <br />APPROVAL OF LOAN TERMS <br />The terms of the loan from lender to trustor are as follows: <br />Loan Amount: $55,000.00 <br />Term: 15 year amortization <br />Rate: 7.375% <br />$505.96 /Month <br />Beneficiary hereby approves all the terms of such loan. <br />SECTION THREE <br />INUREMENT; BINDING EFFECT <br />This agreement shall inure to the benefit of lender, its successors and assigns, and shall be <br />binding on beneficiary and trustor and their respective successors and assigns. <br />In witness whereof, the parties have executed this agreement at Grand Island, Nebraska <br />on MARCH 30, , 2001. <br />(Lender) <br />THE EQUITABLE BUILDING AND LOAN <br />Of Grand Island, Nebraska, A Federal <br />Savings Bank <br />By &0-� <br />David Dohmen <br />Vice President/Chief Lending Officer <br />STATE OF NEBRASKA) <br />) SS. <br />COUNTY OF HALL ) <br />The foregoing instrument was acknowledged this 30th day of March, 2000 by David <br />Dohmen, Vice President / Chief Lending Officer, of The Equitable Building & Loan Assoc. FSB. <br />A Corporation, on behalf of the Corporation. <br />GENERAL NOTARY•State of Nebraska Notary Public <br />1 -1 KILEEN M. SCREE 0 <br />My Comm. EV. Sept. 28. 2002 <br />