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n <br />a <br />m n (y. <br />rn <br />C n = <br />Z <br />D y _ <br />a 6' <br />G <br />G <br />s <br />.r <br />° cn <br />T' C <br />6 <br />CO <br />o <br />c.D <br />s <br />AGREEMENT SUBORDINATING EXISTING <br />TRUST DEED TO NEW TRUST DEED <br />C-) Cn <br />C> --4 <br />'D- <br />M <br />D art <br />r- <br />r n <br />cn <br />Cr) CIO <br />Agreement made the, ay of 4,es , 2004, between GEORGE A <br />POULLOS AND JODY J POULLOS, HUSBAND AND WIFE, of 6221 N. 158 AVE., <br />OMAHA, Douglas County, Nebraska, herein referred to as trustor, and UNITED NEBRASKA <br />BANK, PO Box 5018, Grand Island, County of Hall, State of Nebraska, herein referred to as <br />beneficiary. and Trustee. <br />The parties recite and declare that: <br />a. Trustor executed a trust deed on February 1, 2002, in favor of beneficiary, which was <br />recorded on February 13, 2002, in the office of the Register of Deeds, as Instrument No. <br />200201731, in Hall County, State of Nebraska, covering the following described property (as <br />defined in Neb. Rev. State. 76 -201) in Hall County, Nebraska. <br />LOT 8 AND THE WEST HALF (W' /2) OF LOT SEVEN (7), BLOCK 2, IN PARKHILL SUBDIVISION, <br />AN ADDITION TO THE CITY OF GRAND ISLAND, HALL 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 One Hundred Thirty -Five Thousand Twenty Two and <br />14/100 - -- (135,022.14) Dollars, executed on February 1, 2002, by trustor in favor of beneficiary. <br />c. Trustor desires to obtain a loan in the amount of Sixty -Five Thousand Six Hundred <br />and No /100 ($65,600.00) Dollars -- from Equitable Federal Savings Bank of Grand Island, of <br />113 N. Locust, City of Grand Island, County of Hall, State of Nebraska, herein referred to as <br />lender, but lender requires that such loan be secured by a trust deed that will be prior to the trust <br />deed in favor of beneficiary. <br />d. Beneficiary is willing to subordinate the lien of the trust deeds in their favor insofar as <br />it encumbers the above - described premises, to the trust deed made in favor of lender <br />in order that trustor may obtain such loan from lender. Said Deed of Trust securing <br />CD = <br />r N <br />o Q. <br />CD <br />O N <br />Co .� �i <br />F_A il <br />NCn <br />o e-h <br />Z <br />O <br />lender's lien was recorded on 9 - %5 -dCo q at Document No. — j) Q I'V 9 <br />in the Office of the Hall County Register of Deeds. <br />For the reasons set forth above, and in consideration of the mutual covenants and <br />promises of the parties hereto, trustor and beneficiary covenant and agree as follows: <br />