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201201563 <br /> 2. Carolyn Bresee, a single person, as mortgagor, trustor, or grantor, <br /> previously executed and delivered a mortgage/deed of trust on the Real <br /> Estate dated June 22, 2010 in favor of Bank of the West or its predecessor in <br /> interest as mortgagee or beneficiary, which mortgage/deed of trust secures <br /> payment of a promissory note or credit agreement in the original principal <br /> amount of $8900 (which shall be modified to $6100 & recorded concurrently <br /> herewith) and was recorded July 13, 2010 as Instrument/Document No. <br /> 201004784 in Book at Page in the real estate records of Hall County, <br /> state of NEBRASKA (the "2nd Mortgage/Deed of TrusY'). <br /> 3. Underwriting guidelines for the Mortgage Loan require that the 1st <br /> Mortgage/Deed of Trust be the first and superior lien on the Real Estate, <br /> despite it being recorded after the 2nd Mortgage/Deed of Trust. Therefore, <br /> in consideration of being able to make the Mortgage Loan, Bank of the West, <br /> as owner and holder of both mortgages/deeds of trust, hereby subordinates <br /> the 2nd Mortgage/Deed of Trust to the 1 st Mortgage/Deed of Trust so that <br /> henceforth the lien of the 1st Mortgage/Deed of Trust shall be the first and <br /> superior lien on the Real Estate and the 2nd Mortgage/Deed of Trust shall <br /> hereinafter be a second-lien mortgage/deed of trust, regardless of recording <br /> dates. <br /> 4. This Subordination is effective only for a mortgage/deed of trust given to <br /> secure the first-lien Mortgage Loan made to Borrower by Bank of the West <br /> as lender, and shall be void and of no effect in the event Borrower obtains <br /> financing to be secured by the Real Estate from any other lender. This <br /> Subordination shall be binding on Bank of the WesYs successors and <br /> assigns under either mortgage/deed of trust, even if said instruments are <br /> separately assigned to different mortgagees or beneficiaries or the loans <br /> secured thereby otherwise transferred to different lenders. <br /> BANK OF THE WEST. <br /> a California state banking corporation, <br /> MortgagelBeneficia ,. � f �- <br /> B ,�_ �f f ia ( ' �rEr��t <br /> �� Sue��ock2f� � <br /> Printed Name: i'�c��r�� <br /> 8801143364 Page 2 of 3 CF131301 (Rev 3l09) <br /> 02/13/2012 09:42:08 <br />