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♦ <br /> SECTION ONE <br /> SUBORDINATION 9 9 14 s 5 9� <br /> As an inducement to lender to grant such loan to trustor,beneficiary and trustor hereby <br /> subordinate the above-described trust deed of December 15, 1997, 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 deed 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: $77,500.00 <br /> Term: 30 year <br /> Rate: 6.75% <br /> Beneficiary hereby approves all the terms of such loan. <br /> SECTION THREE <br /> 1NUREMENT; 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 June 29, 1999. <br /> THE EQUITABLE BUILDING AND LOAN <br /> ASSOCIATION OF GRAND ISLAND, <br /> NEBRASKA, A FEDERAL SAVINGS BANK <br /> i� <br /> � <br /> B �- <br /> Joanne Roush Holmes <br /> Vice President/Corp. Secretary <br /> I hereby consent to the above subordination and agree to be bound by it. <br /> Earl D. Ahlschwede, Attorney, Trustee <br />