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<br />AGREEMENT SUBORDINAT�NC F.XiSTiNG
<br />TRUST DEED'1"O NEW TItL1ST DEED
<br />Agreement made the 29th day of Dece��nber, 2� 10, between RANDY A LEISER ANU MARY G'
<br />E LEISER HUSBAND AND WIFE, of 4016 FDNA DR, GRAND ISLAND, HALL CO[1NTY,
<br />State of Nebraska, herein referred to as trustar, Equitable Bank, of 113-115 N. Locust St., Grarid
<br />Island, Hall County, Nebraska, herein referred to as beneficiary.
<br />The parties recite and declare that:
<br />a. Trustor executed a trust deeci on Marcl� 3, 200f3, in favor of beneficiary, which was
<br />recorded on March 11. 200$, in the offtce c�f the Register of Deeds, of �iall County, State of
<br />Nebraska, as Document No. 200802000 covering the �ollowing describ�d property (as detined in
<br />Neb. Rev. 5tate. 7fi-201) in Hall County, Nebraska.
<br />L�T TWO (2), IN BLOCK TWO (2), IN GOSDA Sl1BDIVISION, PART OF T��.F,
<br />SOUTHEAST QUARTER O�' rI'HE NORTF�EAST QUARTER (SE1/� NE1/4) OF S�C:TION
<br />TWENTY "I"HREE (23), TOWNSH�P ELEVEN (11) NORTI�, RANGE �I"EN (10) WEST OF
<br />THE 6� P.M., HALL COUNTY, NEBRASKA
<br />b. The above mentioned trust deed was �iven as security fi��r Loan, described in such
<br />trust deed, in the original a�nount of Seventeen Thousand Eighty-Five a�ad 50/100---($17,08.5.,50)
<br />Dollars, executed on ]VIARCH 3, 200$, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of �ighty Tl�ousand and No/100---
<br />($80,000.00) Dollars, from EQUITABLE BANK , 113-11 S N. Locust St., C~ity of Grand lslancl,
<br />County of Hall, State of Nebraska, herein referred to as lender, but lender requires that such loar�
<br />be secured by a trust deed that will be prior to the trust deed in favc�r af beneficiary.
<br />d. Beneficiary is willing to subordinate the lien of the trust deed in their favc7r insofar as
<br />it encumbers thE abave-described premises, ta the trust deed made in favor oFlender in arder that
<br />trustor may obtain suc;h loan from lender. For the reasons set forth above, and in consideration of
<br />the mutual covenants and promises c�f the parties hereto, trustc�r and beneficiary covenant ancl
<br />agree as follows:
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