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SECTION ONE 20030207$ <br />SUBORDINATION <br />As an inducement to lender to grant such loan to truster, beneficiary and truster hereby <br />subordinate the above - described trust deed of January 2, 2003, in favor of beneficiary, to the <br />trust deed in favor of lender that is being recorded with this agreement. Beneficiary and truster <br />further agree that the lien of the trust deed in favor of lender shall be and is in all respects a lien <br />prior 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: $60,000.00 <br />Term: 240 MONTHS CONV. <br />Initial Rate: 6.250% <br />Beneficiary hereby approves all the terms of such loan. <br />SECTION THREE <br />ENUREMENT; BINDING EFFECT <br />This agreement shall inure to the benefit of lender, its successors and assigns, and shall be <br />binding on beneficiary and truster and their respective successors and assigns. <br />In witness whereof, the parties have executed this agreement at Grand Island, Nebraska <br />on February 18 , 2003. <br />(Beneficiary) <br />Equitable Federal Savings Bank of Grand Island <br />By_E c +1Lr <br />David Dohmen, Vice President <br />Chief Lending Officer <br />State of NEBRASKA ) <br />SS. <br />County of HALL ) <br />The foregoing instrument was acknowledged this 18th day of February, 2003, by David <br />Dohmen, Vice President /Chief Lending Officer, of Equitable Federal Savings Bank of Grand <br />Island. <br />Notary Public <br />iB6NLNODAY• TE atNehinq <br />9tJ=EN 6.7ESMFA <br />IyDeeert Fql Dee t, m06 <br />