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200209305 <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 October 19, 2000, in favor of beneficiary, to the <br />trust deed in favor of lender that is being recorded with this agreement. Beneficiary and trustor <br />further agree that the lien of the trust deed in favor of tender 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 />LoanAmount: $116,000.00 <br />Term: 120 MONTHS <br />Initial Rate: 6.000% <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 be <br />binding on beneficiary and trustor and their respective successors and assigns. <br />on <br />In witness whereof, the parties have executed this agreement at Grand Island, Nebraska <br />AUGUST 29 <br />2002. <br />(Beneficiary) <br />The Equitable Building & Loan Association, a <br />Federal Savings Bank, now known as Equitable <br />Federal Savings Bank of Grand Island <br />By ZD 11 1 r> -�+-- <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 29 day of AUGUST 2002, <br />by Dave Dohmen, Vice President/Chief Lending Officer, of Equitable Federal Savings Bank of <br />Grand Island. <br />Notary Public <br />GENERAL NOTARY -Sim. of N..... <br />III EILEEt1 n. TESMER <br />MY Gomm. 6y. Dec. 1.2002 <br />