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<br />AGREEMENT SUBORDINATING EXISTING
<br />TRUST DEED TO NEW TRUST DEED
<br />Agreement made the 14THday of OCTOBER , 2004, between DARCY D MOUL AND DARCY
<br />E MOUL, HUSBAND AND WIFE, of 4720 Tara Ct., Grand Island, Hall County, State of Nebraska,
<br />herein referred to as trustor, and Duane A. Burns, Attorney, Trustee, and Equitable Federal
<br />Savings Bank of Grand Island, of 113 N. Locust, Grand Island, Hall County, Nebraska, herein
<br />referred to as Beneficiary.
<br />The parties recite and declare that:
<br />a. Trustor executed a trust deed on June 30, 2004, in favor of beneficiary, which was
<br />recorded on July 8, 2004, in the office of the Register of Deeds, of Hall County, State of
<br />Nebraska, as Document No. 200406766 covering the following described property (as defined in
<br />Neb. Rev. State. 76 -201) in Hall County, Nebraska.
<br />LOT FORTY -FIVE (45), IN RAVENWOOD SUBDMSION, 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 Sixteen Thousand One Hundred Ninety -Five and 38/100 - --
<br />($16,195.38) Dollars, executed on June 30, 2004, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of Seventy -One Thousand Nine
<br />Hundred and No /100 ($71,900.00) from EQUITABLE FEDERAL SAVINGS BANK OF
<br />GRAND ISLAND, 113 -115 N. Locust St., City of Grand Island, County of Hall, State of
<br />Nebraska, herein referred to as lender, but lender requires that such loan be secured by a trust
<br />deed that will be prior to the trust deed in favor of beneficiary.
<br />d. Beneficiary is willing to subordinate the lien of the trust deed in their favor insofar as
<br />it encumbers the above - described premises, to the trust deed made in favor of lender in order that
<br />trustor may obtain such loan from lender. Said Deed of Trust securing lender's lien was
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<br />recorded on C'1, �L ` } at Document No. c G C`I ( 0 k q ( ,
<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
<br />TRUST DEED TO NEW TRUST DEED
<br />Agreement made the 14THday of OCTOBER , 2004, between DARCY D MOUL AND DARCY
<br />E MOUL, HUSBAND AND WIFE, of 4720 Tara Ct., Grand Island, Hall County, State of Nebraska,
<br />herein referred to as trustor, and Duane A. Burns, Attorney, Trustee, and Equitable Federal
<br />Savings Bank of Grand Island, of 113 N. Locust, Grand Island, Hall County, Nebraska, herein
<br />referred to as Beneficiary.
<br />The parties recite and declare that:
<br />a. Trustor executed a trust deed on June 30, 2004, in favor of beneficiary, which was
<br />recorded on July 8, 2004, in the office of the Register of Deeds, of Hall County, State of
<br />Nebraska, as Document No. 200406766 covering the following described property (as defined in
<br />Neb. Rev. State. 76 -201) in Hall County, Nebraska.
<br />LOT FORTY -FIVE (45), IN RAVENWOOD SUBDMSION, 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 Sixteen Thousand One Hundred Ninety -Five and 38/100 - --
<br />($16,195.38) Dollars, executed on June 30, 2004, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of Seventy -One Thousand Nine
<br />Hundred and No /100 ($71,900.00) from EQUITABLE FEDERAL SAVINGS BANK OF
<br />GRAND ISLAND, 113 -115 N. Locust St., City of Grand Island, County of Hall, State of
<br />Nebraska, herein referred to as lender, but lender requires that such loan be secured by a trust
<br />deed that will be prior to the trust deed in favor of beneficiary.
<br />d. Beneficiary is willing to subordinate the lien of the trust deed in their favor insofar as
<br />it encumbers the above - described premises, to the trust deed made in favor of lender in order that
<br />trustor may obtain such loan from lender. Said Deed of Trust securing lender's lien was
<br />-. I
<br />recorded on C'1, �L ` } at Document No. c G C`I ( 0 k q ( ,
<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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