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<br />AGREEMENT SUBORDINATING EXISTING
<br />200209028 TRUST DEED TO NEW TRUST DEED
<br />Agreement made the 28 day of AUGUST 2002, between David F. Dohmen
<br />and Mary L. Dohmen, Husband and Wife, of 2219 W. Koenig, Grand Island, Hall County, State
<br />of Nebraska, herein referred to as trustor, and The Equitable Building & Loan Association, a
<br />Federal Savings Bank, now known as EQUITABLE FEDERAL SAVINGS BANK OF GRAND
<br />ISLAND, of 113 N. Locust St., City of Grand Island, County of Hall, State of Nebraska, herein
<br />referred to as beneficiary.
<br />The parties recite and declare that:
<br />a. Trustor executed a trust deed on February 6, 2002, in favor of beneficiary, which was
<br />recorded on February 12, 2002, in the office of the Register of Deeds, of Hall County, State of
<br />Nebraska, as Document No. 0200201681 covering the following described property (as defined
<br />in Neb. Rev. State. 76 -201) in Hall County, Nebraska.
<br />LOT FIVE (5), BLOCK FOUR (4), ASHTON PLACE, CITY OF GRAND ISLAND, 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 Twenty Seven Thousand Five Hundred Seventy and 50/100-
<br />-- ($27,570.50) Dollars, executed on February 6, 2002, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of Seventy Four Thousand and No /100
<br />($74,000.00) -- - - - - -- 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 />Xoa- d 9007
<br />lender's lien was recorded on Q k- J60X at Document no. in the
<br />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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