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Return Address:
<br />Equitable Bank
<br />PO Box 160
<br />Grand Island NE 68802 -0160
<br />AGREEMENT SUBORDINATING EXISTING
<br />TRUST DEED TO NEW TRUST DEED
<br />Agreement made the 16'�' day of September, 20111 between DARCY D MOUL AND DARCY E
<br />MOUL, HUSBAND AND WIFE, of 4720 TARA CT., GRAND ISLAND, NEBRASKA, HALL
<br />COUNTY, State of Nebraska, herein referred to as trustor, Equitable Bank, of 113 -115 N. Locust
<br />St_, Grand Island, Hall County, Nebraska, herein referred to as beneficiary.
<br />The parties recite and declare that:
<br />a. Trustor executed a trust deed on April 21, 2009, in favor of beneficiary, which was
<br />recorded on April 29, 2009 in the office of the Register of Deeds, of Hall County, State of
<br />Nebraska, as Document No. 200903200 covering the following described property (as defined in
<br />Neb. Rev. State_ 76 -201) in Hall County, Nebraska.
<br />LOT FORTY -FIVE (45), IN RAVENWOOD SUBDIVISION, 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 Five Thousand and NO /100 -- ($25,000.00) Dollars,
<br />executed on April 21, 2009, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of Seventy -Five Thousand and No /100 --
<br />($75,000.00) Dollars, from EQUITABLE BANK, 113 -115 N. Locust St., City of Grand Island,
<br />County of Hall, State of Nebraska, herein referred to as lender, but lender requires that such loan
<br />be secured by a trust deed that will be prior to the trust deed in favor of 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 />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:
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<br />Return Address:
<br />Equitable Bank
<br />PO Box 160
<br />Grand Island NE 68802 -0160
<br />AGREEMENT SUBORDINATING EXISTING
<br />TRUST DEED TO NEW TRUST DEED
<br />Agreement made the 16'�' day of September, 20111 between DARCY D MOUL AND DARCY E
<br />MOUL, HUSBAND AND WIFE, of 4720 TARA CT., GRAND ISLAND, NEBRASKA, HALL
<br />COUNTY, State of Nebraska, herein referred to as trustor, Equitable Bank, of 113 -115 N. Locust
<br />St_, Grand Island, Hall County, Nebraska, herein referred to as beneficiary.
<br />The parties recite and declare that:
<br />a. Trustor executed a trust deed on April 21, 2009, in favor of beneficiary, which was
<br />recorded on April 29, 2009 in the office of the Register of Deeds, of Hall County, State of
<br />Nebraska, as Document No. 200903200 covering the following described property (as defined in
<br />Neb. Rev. State_ 76 -201) in Hall County, Nebraska.
<br />LOT FORTY -FIVE (45), IN RAVENWOOD SUBDIVISION, 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 Five Thousand and NO /100 -- ($25,000.00) Dollars,
<br />executed on April 21, 2009, by trustor in favor of beneficiary.
<br />c. Trustor desires to obtain a loan in the amount of Seventy -Five Thousand and No /100 --
<br />($75,000.00) Dollars, from EQUITABLE BANK, 113 -115 N. Locust St., City of Grand Island,
<br />County of Hall, State of Nebraska, herein referred to as lender, but lender requires that such loan
<br />be secured by a trust deed that will be prior to the trust deed in favor of 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 />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 />
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