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20050'760 SECTION ONE SUBORDINATION As an inducement to lender to grant such loan to trustor, beneficiary and trustor hereby subordinate the above - described trust deed of December 26, 2002, in favor of beneficiary, to the trust deed in favor of lender that is being recorded with this agreement. Beneficiary and trustor further agree that the lien of the trust deed in favor of lender shall be and is in all respects a lien prior and superior to the lien of the trust deed in favor of beneficiary. SECTION TWO APPROVAL OF LOAN TERMS The terms of the loan from lender to trustor are as follows: Loan Amount: $70,800.00 Term: 20 Year Balloon with 30 Year Amortization Initial Rate: 5.625% Beneficiary hereby approves all the terms of such loan. SECTION THREE INUREMENT; BINDING EFFECT This agreement shall inure to the benefit of lender, its successors and assigns, and shall be binding on beneficiary and trustor and their respective successors and assigns. In witness whereof, the parties have executed this agreement at Grand Island, Nebraska on AUGUST 3 State of NEBRASKA SS. County of HALL 2005. (Beneficiary /Trustee) Equitable Federal Savings Bank of Grand Island By L� David Dohmen, Senior Vice President Chief Lending Officer The foregoing instrument was acknowledged this 3RD day of _ AUGUST _ 12005, by David Dohmen, Vice President /Chief Lending Officer, of Equitable Federal Savings Bank of Grand Island. GENE Np p Y - 5t braska iF10LYN VpNOEROHE My Comm. Exp. May 21, 2007 STATE OF NEBRASKA) ) SS. COUNTY OF HALL ) J , Notary Public (.Lender) EQUITABLE FEDERAL SAVINGS BANK OF GRAND ISLAND El �' Z::�4_3171 The foregoing instrument was acknowledged this 3RD by David Dohmen, Vice- President, Chief Lending Office SAVINGS BANK OF GRAND ISLAND \ W ERAL NOTARY - State of Nebraska KAROLYN VONDEROHE MY Comm. Fxp. May 21, 2007 day of AUGUST _,2005 of EQUITABLE FEDERAL Notary Public