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200510126 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 ofthe 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: $315,000.00 Term: 15 Yr. Fixed Rate Initial Rate: 5.25% Beneficiary hereby approves all the terms of such loan. SECTION THREE INUREMENT; BINDING EFFECT This agreement shall inure to the benefit oflender, 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 OCTOBER 6 ,2005. (Beneficiary/Trustee) Equitable Federal Savings Bank of Grand Island By Lh;J ~p- David Dohmen, Senior Vice President Chief Lending Officer State of NEBRASKA ) ) SS. County of HALL ) The foregoing instrument was acknowledged this ~ day of OCTOBER , 2005, by David Dohmen, Senior Vice President/Chief Lending Qfficer, of Equitable Federal Savings Bank of Grand Island. GENERAL NOTARY - State of Nebraska KAREN M. VIETH My Gomm. Exp. Sept. 9, 2006 (Lender) EQUITABLE FEDERAL SAVINGS BANK OF GRAND ISLAND By [C,\ F\.~ -dr.-LeI L-(!). ..-yj.....-- David Dohmen, Senior Vice President Chief Lending Officer ST ATE OF NEBRASKA ) ) SS. COUNTY OF HALL ) The foregoing instrument was acknowledged this 6TH day of OCTOBER , 2005 by David Dohmen, Senior Vice-President, Chief Lending Officer, of EQUITABLE FEDERAL SAVINGS BANK OF GRAND ISLAND l:.. .G.. ENERAL NOTARY - state. of Nebr.aSka ~~ KAREN M. VIETH ~" _~ My Gomm, Exp. Sept. 9, 2006 (- "-..'-