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200504274 <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 deeds of October 4, 2002 and January 14, 2004, in favor of <br />beneficiary, to the trust deed in favor of lender that is being recorded with this agreement on <br />at Document No. in the Office of the <br />Hall County Register of Deeds. Beneficiary and trustor further agree that the lien of the trust <br />deed in favor of lender shall be and is in all respects a lien prior and superior to the lien of the <br />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: $388,000.00 <br />Tenn: 240 MONTHS <br />Initial Rate: 5.875% <br />Beneficiary hereby approves all the terms of such loan. <br />SEC'T'ION 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 />In witness whereof, the parties have executed this agreement at Grand Island, Nebraska <br />on , 2005. <br />(Beneficiary and Trustee) <br />EQUITABLE FEDERAL SAVINGS BANK OF <br />GRAND ISLAND <br />State of NEBRASKA <br />David Dohmen. <br />Senior Vice President / Chief Lending Officer <br />SS. <br />County of HALL ) <br />The foregoing instrument was acknowledged this �_ day o 12005, <br />by David Dohmen, Senior Vice - President / CLO of Equitable Federal Savings Ban of Grand. <br />Island. <br />GENERAL NOTARY - State of Nebraska <br />EILEEN B. TESMER <br />_ My Comm. E. Dec. 1, 2006 <br />Notary Public <br />