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200409358 <br />SECTION ONE <br />SUBORDINATION <br />As an inducement to lender to grant such loan to trustor, beneficiary and trustor hereby <br />subordinate the above - described trust deed of July 12, 2004, in favor of beneficiary, to the trust <br />deed in favor of lender that is being recorded with this agreement. Beneficiary and trustor further <br />agree that the lien of the trust deed in favor of lender shall be and is in all respects a lien prior <br />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: $146,000.00 <br />Term: 180 MONTHS <br />Initial Rate: 5.000% <br />Beneficiary hereby approves all the terms of such loan. <br />SECTION THREE <br />INUREMENT; 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 SEPTEMBER 17 ,2004. <br />(Beneficiary and Trustee) <br />EQUITABLE FEDERAL SAVINGS BANK OF <br />GRAND ISLAND <br />By E� /1'r - <br />Title Senior Vice President / CLO <br />State of NEBRASKA ) <br />) SS. <br />County of HALL ) <br />The foregoing instrument was acknowledged this 17TH day of SEPTEMBER , 2004, <br />by David Dohmen Senior Vice - President / CLO of Equitable Federal Savings Bank of Grand <br />Island. <br />7 a-4_� �_� <br />Notary Public <br />GENERAL NOTARY - $tate of Nebraft <br />SLEEK B. TESMER <br />My Cortnn EA. Dec. 1, 2006 <br />