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200312974 <br />7 C)( - <br />lender's lien was recorded on &r at Document No. 6�O —d� 7� <br />in the Office of the Hall County Register of Deeds. <br />For the reasons set forth above, and in consideration of the mutual covenants and <br />promises of the parties hereto, trustor and beneficiary covenant and agree as follows: <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 June 09, 2000, in favor of beneficiary, to the trust <br />deed in favor of lender that is being recorded with this agreement. Beneficiary and trustor further <br />agree that the lien of the trust deed in favor of lender shall be and is in all respects a lien prior <br />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: $60,000.00 <br />Term: 180 MONTHS <br />Initial Rate: 5.875% <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 />In witness whereof, the parties have executed this agreement at Grand Island, Nebraska <br />on SEPTEMBER 24 , 2003. <br />(Beneficiary) <br />Equitable Federal Savings Bank of Grand Island <br />By DEx,_h�% <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 24TH day of SEPTEMBER 520035 <br />by David Dohmen, Vice President/Chief Lending Officer, of Equitable Federal Savings Bank of <br />Grand Island. <br />a GENERAI NOTARY -State of Nebraska <br />EILEEN B. TESMER <br />L My Comm. E*. Dec. t, 2006 <br />