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m � 3' � A T rn n � z � . n = � � � � � CI� -*�! R �--- 2 � � �'Tl � � �{ �r,1 � � � !' � cm' �' r '� `o ' ° Q � � � 1 -n� F�-► -r� Z }.� O. I n p �. �S t�,1 d1 � �� r � r � O � rrr � � � � � � ti � � ca � vi ��. ' �► 99 106598 � � �. � _ z . AGREEMENT SUBORDINATING EXISTING '� TRUST DEED TO NEW TRUST DEED —, � Agreement made June 29, 1999,between SHERRY ANN KISSLER, of 5038 BLUFF r-- . � CENTER RD., CAIRO, County of Hall, State of Nebraska, herein referred to as trustor, and The \ Equitable Building and Loan Association, FSB of 113-115 N. Locust Street, City of Grand Island, County of Hall , State of Nebraska,herein referred to as beneficiary. The parties recite and declare that: a. Trustor executed a trust deed on December 15, 1997, in favor of beneficiary, which was recorded on December 19, 1997, as Document No. 97-110774, in the office of the Register of Deeds , of Hall County, State of Nebraska, covering the following described property: A tract of land comprising the Southerly Six Hundred Twenty(620.0)feet of the Easterly Seven Hundred Ninery-one and Thirty-seven Hundredths(791.37)feet of the Southeast Quarter(SEl/4)of Section Twenty(20), Township Twelve(12) North, Range Twelve(12)West of the 6th P.M., in Hall County, Nebraska. b. The above mentioned trust deed was given as security for a Loan, described in such trust deed, in the amount of Eleven Thousand Ninety-six and 40/100---($11,096.40) Dollars, executed on December 15, 1997, by trustor in favor of beneficiary. c. Trustor desires to obtain a loan in the amount of Seventy-Seven Thousand Five Hundred and No/100----($77,500.00)-------- from The Equitable Building and Loan Association, FSB, of 113-115 N. Locust St., City of Grand Island, County of Hall, 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 trust deed in favor of beneficiary. d. Beneficiary is willing to subordinate the lien of the trust deed in their favor insofar as it encumbers the above-described premises, to the trust deed made in favor of lender in order that trustor may obtain such loan from lender. Said Deed of Trust securing lender's lien was recorded on -- GL� � ��l as document no.�1��7 _ in the Office of the Hall County Register of Deeds. For the reasons set forth above, and in consideration of the mutual covenants and promises of the parties hereto, trustor and beneficiary covenant and agree as follows: