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2OO9U'747O <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 March 6, 2009, in favor of beneficiary, to the trust <br />deed in favor of lender that is being recorded with this agreement on L~ ~Q <br />at Document No. - in the Office of the Ha11 Caunty 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 Off' LOAN TERMS <br />The terms of the loan from lender to trustor are as follows: <br />Loan Amaunt: $110,000.00 <br />Term: 180 months <br />Initial Rate: 4.5000% <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 anal trustor and their respective successors and assigns. <br />In witness whereof, the parties have executed this agreement at Grand Island, Nebraska <br />an September 9, 2009: <br />(Beneficiary/Trustee) <br />Equitable Bank <br />gy ~ ~ -~.. <br />Thomas E Gdowski, Chief Executive Officer <br />State of NEBRASKA ) <br />SS. <br />County of HALL ) <br />The foregoing instrument was acknowledged this 9th day of September , 2009, by <br />Thomas E Gdawski, Chief Executive Officer, of Equitab e Bank. <br />GENERAL. NOTARY - State of Nebraska "~ 'tit- ~ ~ ~ ~o <br />~' KAREN M. vIE'1'W Notary ublic <br />My Comm. Wcp. Sept. 9, 2010 <br />(Lender) <br />EQUITABLE BANK <br />Thamas E Gdowski, Chief Executive Officer <br />STATE OF NEBRASKA ) <br />SS. <br />COUNTY OF HALL ) <br />The foregoing instrument was acknowledged this 9th day of September , 2009 by Thomas E <br />Gdowski, Chief Executive Officer, of EQUITABLE BANK. <br />GENERAL NOTARY -State of Nehraska L~~- <br />KAREN M. vtETH ,. Notary Public <br />My Comm. Exp. Sept 9, 2010 <br />