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<br /> � For the reasons set forth above,and in cansideration of the mutual covenants aud �,�� �
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<br /> � � ;_ • � promises of the parties hereto,trustor and beaeficiary covenant aad agtee as follows: ;,
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<br /> "=°�s=``� SECTION ONE , - _-
<br /> � ` , ` SU80RDINATION �
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<br /> As an inducemenE ta lender to grnnt such loan to trustor,benef ciary and ttustee hereby �
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<br /> � ' � ` subordinate the above-descri6ed tn�st deed of SEPTQNBER 18 ,19 97 ,in ••� :=
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<br /> � � ' favor of 6eaef�ciary,to the trust deed in favor of lender that is being recorde�with this ; ,<::,.. - -
<br /> � ` � agteement.Heneficiary and irustee further agree that the lien of the Uust deed in favor of lender � , � ±4_
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<br /> � shall be and is in all respects a lien prior and superior to the lien of the trust deed in favor of .
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<br /> , APPROVAL OF LOAN TERMS :- _-
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<br /> '� r� ::.:� The terms of the loan from lender to wstor are as follows: � :�:� ���+���.
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<br /> � � ` LOAN AMOUNT: $35,500.00 AATE: 7.25'� � �
<br /> ' �� -` TERM: 180 MONTHS ���
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<br /> , . Heneficiary here6y approves�i��&ce terms of sucb loan. - ��`V m.._
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<br /> . . . SECTION THREE ��_�
<br /> : ' � ' � INUREMENT;BINDII�I(3 EFFECT . =�`
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<br /> '° . � This agreement shall inure to tlie benefit of lender,its suc�essors and assi�ns,and shall be ' � -P�-
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<br /> � . - binding on 6eneficiary and trustor and their respective successors and assigns. '�"`"'- �.��:.��
<br /> � � '�`�"` ln witness whereof,the parties have executed this agreement at GRAND ISLAND . . -�
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<br /> . , . � NEBRASKA on FEBRUARY 24 .19 99 . � . .:�
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<br /> • ' "� THE EQU3TABLE BUILOING AND LOAN ASSOCIATION � �,�`'^���
<br /> ,. ' �an Auo:1a� OF GRAND ISLAND, NEBRASKR, A FEDERAL SAVINGS BANK � , �,_ . =-
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<br /> �� � � .�; �':..SEAL � By �� � . ' `'1�
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<br /> ' • ....• VICE PRESIOENT/CORP. SECRETANY
<br /> - : ���S�a9+0�� (�T�ue)
<br /> � � ' I hereby consent to the above subordination and agree to be bound i� � " � .�.
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<br />;� • � Tn�stee � .
<br /> � ' EARL 0. AHLSCHWEOE, ATTORNEY :• . '
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