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<br />AGREEMENT SUBORDINATING EXISTING
<br />200307510 TRUST DEED TO NEW TRUST DEED
<br />Agreement made the 9TH day of JUNE , 2003, between RODNEY J
<br />DIEHL AND SUSAN C DIEHL, HUSBAND AND WIFE, of 4239 Springview Dr., Grand
<br />Island, Hall County, State of Nebraska, herein referred to as trustor, and EQUITABLE
<br />FEDERAL SAVINGS BANK OF GRAND ISLAND, of 113 N. Locust St., City of Grand
<br />Island, County of Hall, State of Nebraska, herein referred to as beneficiary.
<br />The parties recite and declare that:
<br />a. Trustor executed a trust deed on April 17, 2002, in favor of beneficiary, which was
<br />recorded on April 23, 2002, in the office of the Register of Deeds., as Document No. 200204414,
<br />in Hall County, State of Nebraska, covering the following described property (as defined in Neb.
<br />Rev. State. 76 -201) in Hall County, Nebraska.
<br />LOT TWENTY (20), WESTROADS ESTATES FOURTH SUBDIVISION, 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 FOURTEEN THOUSAND AND NO /100 - -- ($14,000.00)
<br />Dollars, executed on April 17, 2002, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of Seventy One Thousand and No /100
<br />($71,000.00) Dollars -- from Equitable Federal Savings Bank of Grand Island, of 113 N. Locust,
<br />City of Grand Island, County of Hall, State of Nebraska, herein referred to as lender, but lender
<br />requires that such loan be secured by a trust deed that will be prior to the trust deed in favor of
<br />beneficiary.
<br />d. Beneficiary is willing to subordinate the lien of the trust deeds in their favor insofar as
<br />it encumbers the above - described premises, to the trust deed made in favor of lender
<br />in order that trustor may obtain such loan from lender. Said Deed of Trust securing
<br />lender's lien was recorded on j"Y't 13t aM,5 at Document No. d663 -0 lS6b
<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 />200307510 TRUST DEED TO NEW TRUST DEED
<br />Agreement made the 9TH day of JUNE , 2003, between RODNEY J
<br />DIEHL AND SUSAN C DIEHL, HUSBAND AND WIFE, of 4239 Springview Dr., Grand
<br />Island, Hall County, State of Nebraska, herein referred to as trustor, and EQUITABLE
<br />FEDERAL SAVINGS BANK OF GRAND ISLAND, of 113 N. Locust St., City of Grand
<br />Island, County of Hall, State of Nebraska, herein referred to as beneficiary.
<br />The parties recite and declare that:
<br />a. Trustor executed a trust deed on April 17, 2002, in favor of beneficiary, which was
<br />recorded on April 23, 2002, in the office of the Register of Deeds., as Document No. 200204414,
<br />in Hall County, State of Nebraska, covering the following described property (as defined in Neb.
<br />Rev. State. 76 -201) in Hall County, Nebraska.
<br />LOT TWENTY (20), WESTROADS ESTATES FOURTH SUBDIVISION, 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 FOURTEEN THOUSAND AND NO /100 - -- ($14,000.00)
<br />Dollars, executed on April 17, 2002, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of Seventy One Thousand and No /100
<br />($71,000.00) Dollars -- from Equitable Federal Savings Bank of Grand Island, of 113 N. Locust,
<br />City of Grand Island, County of Hall, State of Nebraska, herein referred to as lender, but lender
<br />requires that such loan be secured by a trust deed that will be prior to the trust deed in favor of
<br />beneficiary.
<br />d. Beneficiary is willing to subordinate the lien of the trust deeds in their favor insofar as
<br />it encumbers the above - described premises, to the trust deed made in favor of lender
<br />in order that trustor may obtain such loan from lender. Said Deed of Trust securing
<br />lender's lien was recorded on j"Y't 13t aM,5 at Document No. d663 -0 lS6b
<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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