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10 Qs:? ::::l: ~ '....3 m en ~ n Z n% ~ Om ~ ~ ~J c.::;o O-i I'\) ~ %~R :3 C l> S ~ eft .. Z-i S = -im <0 :z ~:z: =c S c -<0 I'\) ~ . W 0"'" W ~ -., 0 ""'z S 0 ~ :r ""1 I'\) rTl -'0 l> CD rTl 3 r- :;0 0 ~ r 1> (f> en N :;.;: l> G.:> ............'""--"' en CI> (f) AGREEMENT SUBORDINATING EXISTING TRUST DEED TO NEW TRUST DEED Agreement made the 25th day of March. 2009, between RENEA J RUSH AND TIMOTHY A RUSH, WIFE AND HUSBAND, of 4077 ZOLA LAND, GRAND ISLAND, HALL COUNTY, State of Nebraska, herein referred to as trustor, Equitable Bank, of 113-115 N. Locust St., Grand Island, Hall County, Nebraska, herein referred to as beneficiary. The parties recite and declare that: a. Trustor executed a trust deed on August 11, 2008, in favor of beneficiary, which was recorded on October 16, 2008, in the office of the Register of Deeds, of Hall County, State of Nebraska, as Document No. 200808781 covering the following described property (as defined in Neb. Rev. State. 76-201) in Hall County, Nebraska. LOT TWENTY -SIX (26), R & B SECOND SUBDIVISION, HALL COUNTY, NEBRASKA b. The above mentioned trust deed was given as security for Loan, described in such trust deed, in the original amount of Fifteen Thousand and Noll 00---($15,000.00) Dollars, executed on August 11,2008, by trustor in favor of beneficiary. c. Trustor desires to obtain a loan in the amount of One Hundred Forty Three Thousand Seven Hundred and Noll 00--- ($143,700.00) Dollars, from EQUITABLE BANK, 113-115 N. Locust St., City of Grand Island, County of Hall, State of Nebraska, herein referred to as lender, but lender requires that such loan be secured by a trust deed that will be prior to the trust deed in favor of beneficiary. d. Beneficiary is willing to subordinate the lien of the trust deed in their favor insofar as it encumbers the above-described premises, to the trust deed made in favor of lender in order that trustor may obtain such loan from lender. For the reasons set forth above, and in consideration of the mutual covenants and promises of the parties hereto, trustor and beneficiary covenant and agree as follows: o~ N:D 01:9 0> en CD - Z o~ Nc: wS:: m o~ NZ o - CJ \J"--. 0-