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<br /> <br /> <br /> <br /> 201005852 <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 OCtenr5;2009, in favor of beneficiary, to the trust <br /> <br /> deed in favor of lender that is being recorded with this agreement on Ao us-r 9 ZO 10 <br /> at Document No. p Z.© I On 55 (o3 in the Office of the :Hall County Register of Deeds. <br /> <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 /> <br /> SECTION TWO <br /> APPROVAL OF LOAN TERMS <br /> <br /> The terms of the loan fiorn lender to trustor are as follows: <br /> Loan Amount: $10,166.50 <br /> Tenn: 10 years <br /> Initial Rate: 6.75% <br /> Beneficiary hereby approves all the terms of such loan. <br /> SECTION THREE <br /> <br /> INUREMENT; BINDING EFFECT <br /> This agreement shall inure to the benefit of lender, its successors and assigns, and shall be <br /> <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 /> <br /> on Jul 27 2010. <br /> (Beneficiary) <br /> Daniel R. Purdy and Annette L. Purdy <br /> <br /> <br /> By <br /> a iel R. Purdy <br /> <br /> By <br /> 5 <br /> Annette L. Purdy <br /> State of NEBRASKA ) <br /> SS. <br /> County of HALL ) <br /> <br /> The foregoing instrument was acknowledged this 3 day of 4v by Daniel <br /> R. Purdy & Annette L. Purdy, Beneficiaries. <br /> <br /> <br /> Notary Public <br /> <br /> (Lender) <br /> EQUITABLE BANK <br /> <br /> By <br /> Thomas E Gdowski, Chief Executive Officer <br /> <br /> STATE OF NEBRASKA) <br /> ) SS. <br /> COUNTY OF HALL ) <br /> <br /> The foregoing instrument was acknowledged thi,,th day of M„ cX'1© by Thomas E <br /> Gdowski, Chief Executive Officer, of EQUITABLE BANI . <br /> <br /> ~ GENERAL NOTARY -State of Nebraska <br /> 111' KAREN M. VIE:TH Notary Public <br /> My Comm, Exp. Sept. 9, 2010 <br />