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200 410 19 2 <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 June 30, 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: $71,900.00 <br />Term: 180 MONTHS <br />Initial Rate: 5.125% <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 <br />be 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 OCTOBER 14 ,2004. <br />(Beneficiary) <br />EQUITABLE FEDERAL SAVINGS BANK OF GRAND <br />ISLAND <br />By <br />David Dohmen, Senior Vice President <br />Chief Lending Officer <br />State of NEBRASKA ) <br />)ss. <br />County of HALL ) <br />The foregoing instrument was acknowledged this 14TH day of OCTOBER , 2004, <br />by David Dohmen, Senior Vice President/Chief Lending Officer, of Equitable Federal Savings <br />Bank of Grand Island. <br />�. r2 <br />Notary Public <br />6ENE & NOTARY - SOI of Nebmefa <br />EfLEM S. T MER <br />* Comm. ft Dee. 1, 2006 <br />