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200411262 AGREEMENT SUBORDINATING A TRUST DEED wh This Agreement is made this J day of ��1 , 2004, by and between, STATE BANK OF CAIRO, Trustee and Beneficiary, and Equitable Federal Savings Bank of Grand Island, which has a principal place of business in Hall County, Nebraska, herein referred to as LENDER. The parties recite and declare that: A. S TA'T'ETTANK OF CAIRO, BENEFICIARY is the owner and holder of a certain Trust Deed dated December 24, 2002, and filed in the Register of Deeds Office of Hall County, on January 22, 2003, as Document No. 200300806 of that County, covering, the following described property: LOTS ONE (1) AND TWO (2), IN BLOCK FIVE (5) SECOND ADDITION TO CAIRO, HALL COUNTY, NEBRASKA B. LENDER is about to loan the sum of Twenty Seven Thousand Five Hundred Thirty Five Dollars and Seventy Two cents ($27,535.72) on a Note and Deed of Trust securing such Note to be filed against the above described property. C. To induce LENDER to make such loan, it is necessary that the Trust Deed held by State Bank of Cairo, described in Section A above, be subordinated to the lien of the Deed of Trust about to be made in favor of the LENDER as beneficiary as set forth above as it applies to the above described property only. For the reasons set forth above, and consideration of the mutual covenants and promises of the parties hereto, STATE BANK OF CAIRO, BENEFICIARY and LENDER covenant and agree as follows: Subordination. STATE BANK OF CAIRO hereby covenants, consents and agrees with LENDER that the above - mentioned Trust Deed is and shall continue to be subject to and subordinate in lien to the lien of the Deed of Trust about to be made to LENDER stated above. 2. Consideration. In consideration of STATE BANK OF CAIRO, TRUSTEE AND BENEFICIARY so subordinating the Trust Deed held by it to the Deed of Trust made to LENDER, LENDER shall make the above described loan to .JAMES F (SAM) BLATH AND DEBORAH L BLATH, Husband and Wife, secured by a Deed of Trust identified as document Number C,0q /// `/0 filed on /1-& , 2004, in the Register of Deeds Office of Hall County, Nebraska. 3. This Agreement shall be binding upon and inure to the benefit of the legal representatives, successors and assigns of the parties hereto.