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Agreement made the17TH day of SEPTEMBER
<br />, 2004, between SHANNON M 's
<br />BOLAN AND SUSAN B BOLAN, HUSBAND AND WIFE, of 4221 Lariat Place, Grand Island,
<br />Hall County, Nebraska, herein referred to as trustor, and EQUITABLE FEDERAL SAVINGS
<br />BANK OF GRAND ISLAND, PO Box 160, Grand Island, County of Hall, State of Nebraska,
<br />herein referred to as beneficiary. and Trustee.
<br />The parties recite and declare that:
<br />a. Trustor executed a trust deed on July 12, 2004, in favor of beneficiary, which was
<br />recorded on July 16, 2004, in the office of the Register of Deeds, as Instrument No. 200407057,
<br />in Hall County, State of Nebraska, covering the following described property (as defined in Neb.
<br />Rev. State. 76 -201) in Hall County, Nebraska.
<br />LOT FORTY -FIVE (45), WESTERN HEIGHTS THIRD SUBDIVISION IN THE CITY OF GRAND
<br />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 Twenty -Two Thousand and no /100 - -- (22,000.00) Dollars,
<br />executed on July 12, 2004, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of One Hundred Forty -Six Thousand
<br />and No /100 ($146,000.00) 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 />00` '''')
<br />lender's lien was recorded on td+ -,%?4r oZ a at Document No. ?,OCO 0 01 3 5 7
<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:
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<br />AGREEMENT SUBORDINATING EXISTING
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<br />200409358 TRUST DEED TO NEW TRUST DEED
<br />Agreement made the17TH day of SEPTEMBER
<br />, 2004, between SHANNON M 's
<br />BOLAN AND SUSAN B BOLAN, HUSBAND AND WIFE, of 4221 Lariat Place, Grand Island,
<br />Hall County, Nebraska, herein referred to as trustor, and EQUITABLE FEDERAL SAVINGS
<br />BANK OF GRAND ISLAND, PO Box 160, Grand Island, County of Hall, State of Nebraska,
<br />herein referred to as beneficiary. and Trustee.
<br />The parties recite and declare that:
<br />a. Trustor executed a trust deed on July 12, 2004, in favor of beneficiary, which was
<br />recorded on July 16, 2004, in the office of the Register of Deeds, as Instrument No. 200407057,
<br />in Hall County, State of Nebraska, covering the following described property (as defined in Neb.
<br />Rev. State. 76 -201) in Hall County, Nebraska.
<br />LOT FORTY -FIVE (45), WESTERN HEIGHTS THIRD SUBDIVISION IN THE CITY OF GRAND
<br />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 Twenty -Two Thousand and no /100 - -- (22,000.00) Dollars,
<br />executed on July 12, 2004, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of One Hundred Forty -Six Thousand
<br />and No /100 ($146,000.00) 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 />00` '''')
<br />lender's lien was recorded on td+ -,%?4r oZ a at Document No. ?,OCO 0 01 3 5 7
<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 />
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