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200908723 <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 Apri16, 2006, in favor of beneficiary, to the trust <br />deed in favar of lender that is being recorded with this agreement on (~CC~D~f ~~, a~9 <br />at Document No. 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 favar of beneficiary. <br />SECTION TWO <br />APPROVAL OF LOAN TERMS <br />The terms of the loan from lender to tnxstor are as follows: <br />Loan Amount: $64,000.00 <br />Term: 180 MONTHS <br />Initial Rate: 4.50% <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 October 26, 2009 <br />(Beneficiary/Trustee) <br />EQUITABLE BANK <br />By ~s <br />Thomas E Gdowski, Chief Executive Officer <br />State of NEBRASKA ) <br />SS. <br />County of HALL ) <br />The foregoing instrument was acknowledged this _26th! day of October <br />2009 by Thomas E Gdowski, Chief Executive Officer, of EQU ABLE BANK. <br />~... '~v a <br />GENERAL NOTARY - State of Nebraska Notary Public <br />-(gROLYN VON~EROWE: <br />_ My Camm. Exp. May 21, 2D11 <br />(Lender) <br />EQUITABLE BANK <br />By es <br />Thomas E Gdowski, Chief Executive Officer <br />STATE OF NEBRASKA ) <br />SS. <br />COUNTY OF HALL ) <br />The foregoing instrument was acknowledged this 26th day of October 2009 by <br />Thomas E Gdowski, Chief Executive Officer, of EQUITABLE BANK. <br />GENERAL NOTARY -State of Nebraska ~ O~~ <br />KgRQLYN VONDE:ROHE Notary Public <br />My Comm. Ex .May 2t , 2011 <br />