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AGREEMENT SUBORDINATING EXISTING <br />TRUST DEED TO NEW TRUST DEED <br />Agreement made the 25THday of AUGUST , 2004, between DUANE L STETSON AND <br />JEANINE L STETSON, HUSBAND AND WIFE, of 905 Kennedy Drive, Grand Island, Hall <br />County, State of Nebraska, herein referred to as trustor, and The Equitable Building and Loan <br />Association of Grand Island, now known as Equitable Federal Savings Bank of Grand Island, of <br />113 N. Locust, Grand Island, Hall County, Nebraska, herein referred to as beneficiary. <br />The parties recite and declare that: <br />a. Trustor executed a trust deed on February 14, 1998, in favor of beneficiary, which was <br />recorded on February 20, 1998, in the office of the Register of Deeds, of Hall County, State of <br />Nebraska, as Document No. 98- 101450 covering the following described property (as defined in <br />Neb. Rev. State. 76 -201) in Hall County, Nebraska. <br />LOT ONE (1), COLONIAL ESTATES THIRD SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY,NEBRASKA <br />b. The above mentioned trust deed was given as security for Loan, described in such <br />trust deed, in the original amount of Thirty Thousand and No /100 - -- ($30,000.00) Dollars, <br />executed on February 14, 1998, by trustor in favor of beneficiary. <br />c. Trustor desires to obtain a loan in the amount of Fifty -Six Thousand One Hundred <br />and No /100 ($56,100.00) from EQUITABLE FEDERAL SAVINGS BANK OF GRAND <br />ISLAND, 113 -115 N. Locust St., City of Grand Island, County of Hall, State of Nebraska, herein <br />N � <br />r+ <br />O CL <br />C N <br />O <br />co <br />M <br />N <br />N CD <br />r=3 - * <br />z <br />0 <br />l� <br />E <br />,v <br />'a <br />sv <br />c n <br />c r)= <br />Z <br />v <br />C <br />n <br />N <br />N <br />- <br />N <br />7'C <br />_ <br />r^ <br />� <br />0 <br />AGREEMENT SUBORDINATING EXISTING <br />TRUST DEED TO NEW TRUST DEED <br />Agreement made the 25THday of AUGUST , 2004, between DUANE L STETSON AND <br />JEANINE L STETSON, HUSBAND AND WIFE, of 905 Kennedy Drive, Grand Island, Hall <br />County, State of Nebraska, herein referred to as trustor, and The Equitable Building and Loan <br />Association of Grand Island, now known as Equitable Federal Savings Bank of Grand Island, of <br />113 N. Locust, Grand Island, Hall County, Nebraska, herein referred to as beneficiary. <br />The parties recite and declare that: <br />a. Trustor executed a trust deed on February 14, 1998, in favor of beneficiary, which was <br />recorded on February 20, 1998, in the office of the Register of Deeds, of Hall County, State of <br />Nebraska, as Document No. 98- 101450 covering the following described property (as defined in <br />Neb. Rev. State. 76 -201) in Hall County, Nebraska. <br />LOT ONE (1), COLONIAL ESTATES THIRD SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY,NEBRASKA <br />b. The above mentioned trust deed was given as security for Loan, described in such <br />trust deed, in the original amount of Thirty Thousand and No /100 - -- ($30,000.00) Dollars, <br />executed on February 14, 1998, by trustor in favor of beneficiary. <br />c. Trustor desires to obtain a loan in the amount of Fifty -Six Thousand One Hundred <br />and No /100 ($56,100.00) from EQUITABLE FEDERAL SAVINGS BANK OF GRAND <br />ISLAND, 113 -115 N. Locust St., City of Grand Island, County of Hall, State of Nebraska, herein <br />N � <br />r+ <br />O CL <br />C N <br />O <br />co <br />M <br />N <br />N CD <br />r=3 - * <br />z <br />0 <br />l� <br />E <br />,v <br />'a <br />AGREEMENT SUBORDINATING EXISTING <br />TRUST DEED TO NEW TRUST DEED <br />Agreement made the 25THday of AUGUST , 2004, between DUANE L STETSON AND <br />JEANINE L STETSON, HUSBAND AND WIFE, of 905 Kennedy Drive, Grand Island, Hall <br />County, State of Nebraska, herein referred to as trustor, and The Equitable Building and Loan <br />Association of Grand Island, now known as Equitable Federal Savings Bank of Grand Island, of <br />113 N. Locust, Grand Island, Hall County, Nebraska, herein referred to as beneficiary. <br />The parties recite and declare that: <br />a. Trustor executed a trust deed on February 14, 1998, in favor of beneficiary, which was <br />recorded on February 20, 1998, in the office of the Register of Deeds, of Hall County, State of <br />Nebraska, as Document No. 98- 101450 covering the following described property (as defined in <br />Neb. Rev. State. 76 -201) in Hall County, Nebraska. <br />LOT ONE (1), COLONIAL ESTATES THIRD SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY,NEBRASKA <br />b. The above mentioned trust deed was given as security for Loan, described in such <br />trust deed, in the original amount of Thirty Thousand and No /100 - -- ($30,000.00) Dollars, <br />executed on February 14, 1998, by trustor in favor of beneficiary. <br />c. Trustor desires to obtain a loan in the amount of Fifty -Six Thousand One Hundred <br />and No /100 ($56,100.00) from EQUITABLE FEDERAL SAVINGS BANK OF GRAND <br />ISLAND, 113 -115 N. Locust St., City of Grand Island, County of Hall, State of Nebraska, herein <br />N � <br />r+ <br />O CL <br />C N <br />O <br />co <br />M <br />N <br />N CD <br />r=3 - * <br />z <br />0 <br />l� <br />E <br />,v <br />o -� <br />c n <br />C <br />N <br />- <br />r^ <br />� <br />r a <br />o <br />r � <br />try <br />� <br />W <br />cn <br />Cn <br />AGREEMENT SUBORDINATING EXISTING <br />TRUST DEED TO NEW TRUST DEED <br />Agreement made the 25THday of AUGUST , 2004, between DUANE L STETSON AND <br />JEANINE L STETSON, HUSBAND AND WIFE, of 905 Kennedy Drive, Grand Island, Hall <br />County, State of Nebraska, herein referred to as trustor, and The Equitable Building and Loan <br />Association of Grand Island, now known as Equitable Federal Savings Bank of Grand Island, of <br />113 N. Locust, Grand Island, Hall County, Nebraska, herein referred to as beneficiary. <br />The parties recite and declare that: <br />a. Trustor executed a trust deed on February 14, 1998, in favor of beneficiary, which was <br />recorded on February 20, 1998, in the office of the Register of Deeds, of Hall County, State of <br />Nebraska, as Document No. 98- 101450 covering the following described property (as defined in <br />Neb. Rev. State. 76 -201) in Hall County, Nebraska. <br />LOT ONE (1), COLONIAL ESTATES THIRD SUBDIVISION IN THE CITY OF GRAND ISLAND, HALL <br />COUNTY,NEBRASKA <br />b. The above mentioned trust deed was given as security for Loan, described in such <br />trust deed, in the original amount of Thirty Thousand and No /100 - -- ($30,000.00) Dollars, <br />executed on February 14, 1998, by trustor in favor of beneficiary. <br />c. Trustor desires to obtain a loan in the amount of Fifty -Six Thousand One Hundred <br />and No /100 ($56,100.00) from EQUITABLE FEDERAL SAVINGS BANK OF GRAND <br />ISLAND, 113 -115 N. Locust St., City of Grand Island, County of Hall, State of Nebraska, herein <br />N � <br />r+ <br />O CL <br />C N <br />O <br />co <br />M <br />N <br />N CD <br />r=3 - * <br />z <br />0 <br />l� <br />E <br />