Laserfiche WebLink
SECTION ONE 200210081 <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 February 22, 2002, 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 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: $42,000.00 <br />Term: 180 MONTHS <br />Initial Rate: 6.125% <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 h ustor and their respective successors and assigns. <br />In witness whereof, the parties have executed this agreement at Grand Island, Nebraska <br />on SEPTEMBER 16 .2002. <br />(Beneficiary) <br />Equitable Federal Savings Bank of Grand Island <br />ByA L �Y <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 SEPTEMBER 2002, <br />by Dave Dohmen, Vice President /Chief Lending Officer, of Equitable Federal Savings Bank of <br />Grand Island. <br />(2h A 0, <br />Notary Public <br />GENERA[ NOTARY GIaIe at NeNaalu <br />!I EILEEN B. TESMER <br />My Comm. Rap. Dec. 1.2002 <br />J <br />