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Island, County of Hall, State of Nebraska, herein referred to as beneficiary. <br />The parties recite and declare that: <br />a. Trustor executed a trust deed on June 09, 2000, in favor of beneficiary, which was <br />recorded on June 15, 2000, in the office of the Register of Deeds., as Document No. 200004902, <br />in Hall County, State of Nebraska, covering the following described property (as defined in Neb. <br />Rev. State. 76 -201) in Hall County, Nebraska. <br />LOT 2, PARK -VIEW SECOND SUBDMSION, GRAND ISLAND, HALL COUNTY, NEBRASKA, AND: A TRACT <br />OF LAND COMPRISING A PART OF LOT 1, PARK -VIEW SECOND SUBDIVISION IN THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING <br />AT THE SOUTHWEST CORNER OF SAID LOT 1; THENCE NORTHERLY, ALONG AND UPON THE WEST LINE <br />OF SAID LOT 1, A DISTANCE OF 59.0 FEET, THENCE EASTERLY PARALLEL WITH THE SOUTH LINE OF <br />SAID LOT 1, A DISTANCE OF 94.46 FEET TO A POINT ON THE PROLONGATION OF THE EAST LINE OF <br />LOT 2, PARK -VIEW SECOND SUBDIVISION; THENCE SOUTHERLY A DISTANCE OF 59.0 FEET TO A <br />POINT ON THE SOUTH LINE OF SAID LOT 1, ALSO BEING THE NORTHEAST CORNER OF SAID LOT 2; <br />THENCE WESTERLY ALONG AND UPON THE SOUTH LINE OF SAID LOT 1, A DISTANCE OF 94.20 FEET TO <br />THE POINT OF BEGINNING. <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 EIGHT THOUSAND AND NO /100 - -- <br />($28,000.00) Dollars, executed on JUNE 09, 2000, by trustor in favor of beneficiary. <br />c. Trustor desires to obtain a loan in the amount of Sixty Thousand and No /100 <br />($60,000.00) Dollars -- 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 />M n <br />_ <br />G t <br />c.C-21 <br />n t ' <br />C D <br />O <br />(�J <br />� -n o <br />p <br />CL <br />° N O "rl <br />• <br />\ CD Z <br />(� <br />-V <br />"' <br />('� <br />D c� <br />1 rn r <br />�+ <br />Ln <br />Cn I D <br />N <br />R <br />C-1) <br />W <br />cc) <br />e� <br />AGREEMENT SUBORDINATING EXISTING <br />TRUST DEED TO NEW TRUST DEED <br />Agreement made the 24TH day of SEPTEMBER , 2003, between EDWARD H <br />CONROY and KIM R CONROY, HUSBAND AND WIFE, of 2526 Pioneer Blvd., Grand <br />Island, Hall County, State of Nebraska, herein referred to as trustor, and EQUITABLE <br />h <br />FEDERAL SAVINGS BANK OF GRAND ISLAND, of 113 N. Locust St., City of Grand <br />Island, County of Hall, State of Nebraska, herein referred to as beneficiary. <br />The parties recite and declare that: <br />a. Trustor executed a trust deed on June 09, 2000, in favor of beneficiary, which was <br />recorded on June 15, 2000, in the office of the Register of Deeds., as Document No. 200004902, <br />in Hall County, State of Nebraska, covering the following described property (as defined in Neb. <br />Rev. State. 76 -201) in Hall County, Nebraska. <br />LOT 2, PARK -VIEW SECOND SUBDMSION, GRAND ISLAND, HALL COUNTY, NEBRASKA, AND: A TRACT <br />OF LAND COMPRISING A PART OF LOT 1, PARK -VIEW SECOND SUBDIVISION IN THE CITY OF GRAND <br />ISLAND, HALL COUNTY, NEBRASKA, AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING <br />AT THE SOUTHWEST CORNER OF SAID LOT 1; THENCE NORTHERLY, ALONG AND UPON THE WEST LINE <br />OF SAID LOT 1, A DISTANCE OF 59.0 FEET, THENCE EASTERLY PARALLEL WITH THE SOUTH LINE OF <br />SAID LOT 1, A DISTANCE OF 94.46 FEET TO A POINT ON THE PROLONGATION OF THE EAST LINE OF <br />LOT 2, PARK -VIEW SECOND SUBDIVISION; THENCE SOUTHERLY A DISTANCE OF 59.0 FEET TO A <br />POINT ON THE SOUTH LINE OF SAID LOT 1, ALSO BEING THE NORTHEAST CORNER OF SAID LOT 2; <br />THENCE WESTERLY ALONG AND UPON THE SOUTH LINE OF SAID LOT 1, A DISTANCE OF 94.20 FEET TO <br />THE POINT OF BEGINNING. <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 EIGHT THOUSAND AND NO /100 - -- <br />($28,000.00) Dollars, executed on JUNE 09, 2000, by trustor in favor of beneficiary. <br />c. Trustor desires to obtain a loan in the amount of Sixty Thousand and No /100 <br />($60,000.00) Dollars -- 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 />