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<br />200803488 <br /> <br />SECTION ONE <br />SUBORDINATION <br /> <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 26,2007, in favor of beneficiary, to the trust <br />deed in favor ofle~~ that is being recorded with this agreement on fj ('7y:;~ ~ 1.-:[ .:::La <br />at Document No~ ~034-87 in the Office of the Hall County Register of Deeds. ~ <br />Beneficiary and trustor further agree that the lien of the trust deed in favor of lender shall be and <br />is in all respects a lien prior and superior to the lien of the trust deed in favor of beneficiary. <br />SECTION TWO <br />APPROVAL OF LOAN TERMS <br /> <br />The terms of the loan from lender to trustor are as follows: <br />Loan Amount: $175,000.00 <br />Term: 180 months <br />Initial Rate: 5.3750% <br />Beneficiary hereby approves all the terms of such loan. <br /> <br />SECTION THREE <br /> <br />INUREMENT; BINDING EFFECT <br /> <br />This agreement shall inure to the benefit oflender, 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 April 18. 2008. <br /> <br />(Beneficiary/Trustee) <br />Equitable Bank <br /> <br />By <br /> <br />~ ~1-- <br /> <br />David Dohmen, Community Bank President <br /> <br />State of NEBRASKA ) <br />) SS. <br />County of HALL ) <br /> <br />The foregoing instrument was acknowledged this 18th day on April. 2008 by David <br />Dohmen, Community Bank President, of Equitable B <br /> <br /> <br />GENERAL NOTARY. State of Nebraska <br />KAREN M. VIETH <br />My Comm. Exp. Sept. 9, 2010 <br /> <br /> <br />~. <br />Notary Public <br /> <br /> <br />(Lender) <br />EQUITABLE BANK <br /> <br />U;;~ <br /> <br />By <br />David Dohmen, Community Bank President <br /> <br />STATE OF NEBRASKA ) <br />) SS. <br />COUNTY OF HALL ) <br /> <br />The foregoing instrument was acknowledged this 18th day of April. 2008 by David Dohmen, <br />Community Bank President, of EQUITABLE BA~ <br /> <br />~ ~Yf7~ <br /> <br />GENEJW. NOTARV. Slate of Nebnl8kI Notary Public <br />i KAREN M. VIETH <br />My Comm. &po Sept. g, 2010 <br />