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~~ <br />N ,~„~ <br />B ~~ <br />~ r.. <br />~. <br />B ~ <br />~ ~ <br />~ ~~ <br />.~~ <br />~~ <br />~r <br />~~ <br />n <br />rn <br />("~ N <br />~~ ~ 2 <br />1 <br />~'. <br /> <br />~ r.~ <br />C n 2 r- `~' ~ ~ ~ ~ <br /> ~ ~ <br />~ ~ N <br />N ~ 'o ~ <br />r~ ~ <br /> ~ ~ <br /> <br /> -.~ '*i VJ <br /> C ~ ~ m Cn ~ <br /> '~ ~ car <br />°- C'~ C9~ <br /> r <br />era <br /> <br /> C~ ~ ~ ~ <br /> <br /> <br /> Cd ~ ~ <br /> Z <br /> <br />AGREEMENT SUBORDINATING EXISTING <br />TRUST DEED TO NEW TRUST DEED <br />Agreement made the 9th day of September, 2009, between JOSEPH R DOBROVOLNY AND <br />PAMELA K DOBROVOLNY, HUSBAND AND WIFE, of 3007 BRENTWOOD COURT, <br />GRAND ISLAND, HALL COUNTY, State of Nebraska, herein referred to as trustor, Equitable <br />Bank, of 113-115 N. Locust St., Grand Island, Hall County, Nebraska, herein referred to as <br />beneficiary. <br />The parties recite and declare that: <br />a. Trustor executed a trust deed on March 6, 2009, in favor of beneficiary, which was <br />recorded on March 16, 2009, in the office of the Register of Deeds, of Ha11 County, State of <br />Nebraska, as Document No. 200901865 covering the following described. property (as defined in <br />Neb. Rev. State. 76-201) in Hall County, Nebraska. <br />LOT NINETEEN (19), BLOCK FOUR (4), BRENTWOOD SUBDIVISION, IN THE CITY OF <br />GRAND ISLAND, HALL COUNTY, NEBRASKA. <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 Thousand and 00/100---($20,000.00) Dollars, <br />executed on March 6, 2009, by trustor in favor of beneficiary. <br />c. Trustor desires to obtain a loan in the amount of One Hundred Ten Thousand and <br />No/100--- ($110,000.00) Dollars, from EQUITABLE BANK , 113-115 N. Locust St., City of <br />Grand Island, County of Ha11, State of Nebraska, herein referred to as lender, but lender requires <br />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 deed in their favor insofar as <br />it encumbers the above-described premises, to the trust deed made in favor of lender in order that <br />-.~_ <br />G~ <br />trustor may obtain such loan from. lender. For the reasons set forth above, and in consideration of <br />the mutual covenants and promises of the parties hereto, trustor and. beneficiary covenant and. <br />agree as follows: <br />