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201108225 <br /> SECTIOl�ONE <br /> SUBORDINATION <br /> As an inducememt to lender to grant such loan to trustor,beneficiary and tnist�r hereby <br /> subordinate the above-described trust deed of December 2,2010 and Modification Agreement <br /> dated October 27,20ll in favar of beneficiary,to the trust deed in favor of lender that is being <br /> recordedwiththisagreementon �TOVember 1, 2011 asDocumentNo. 201108ll2 <br /> in the Office of the Hall County Register of Deeds. Beneficiary and trustor further agree that the <br /> lien of tl�e trust deed in favor of lender sI�a11 be and is in all respects a lien prior and superior to <br /> the lien of the trust deed in favor of beneficiary. <br /> SECTIOl`TWO <br /> APPROVAL OF LOAN TERMS <br /> The terms of the loan from lender to trustor are as follows: <br /> L�an Amount: 5120,900.00 Tem�: 360 months Initial Rate. 4.0% <br /> Beneficiary hereby approves all the terms of such loan. <br /> SECTION THREE <br /> INUREMEI�T;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 Islancl,Nebraska <br /> on October 27,2011. <br /> (Beneficiary/Trustee) <br /> Equitable Banlc � <br /> $Y "�/��-vw c��- <br /> Thomas E Gdowski,Chief Executive O °er <br /> State of NEBRASK� ) <br /> ) SS. <br /> County of HALL ) <br /> The foregoing instrument was acknowledged this_27th day of October 2011_,by <br /> Thomas E Gdowski,Chief Exccutive Officer,of Equitable Bank. <br /> �-NOTARY-SI�e6fNe6raska � � <br /> KAFtOLYN VOt�4i3EFiOhlE ��. <br /> - �y�.�.�,�,�y�� No#aryPublic <br /> (Lender) <br /> EQUITABLE BANK <br /> gY �'��Gt,�,'z"«S � � <br /> Thomas E Gdowski,Chief Executive Officer <br /> STATE OF NEBRASI�A) <br /> )SS. <br /> COUNTY OF HALL ) <br /> The foregoing instruinent was acknowledged this _27th day of October, 2011_by <br /> T`hoinas E Gdowski,Chief Executive Officer,of EQUITABLE BANK. <br /> i�ra�xorasr-s�ea�n�nras�a `�O.A�.,��` Es�c�`�� <br /> KAROLY�iVONDEROHE <br /> �CO�""•--=—.--•�'��'�� " Notary Public <br />