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201203950 effective as to any sum whose repayment is presently secured or which may in the future be secured by the Existing Security Instrument. � Subordinating Lender hereby subordinates the lien of the Exisring Security Instrument, and all of its modifications, extensions and renewals, to the lien of the Senior Lender's Security Instrument. This Agreement is effective as to any sum whose repayment is presently secured or which may in the future be secured by the Existing Security Instrument. B. Appointment of Substitute Trustee IfApp[icable The Existing Security Instrument names Wells Fargo Bank Nebraska, National Association as Trustee and the Subordinating Lender as Beneficiary. The Existing Security Instrument provides that the Subordinating Lender may designate and appoint a substitute Tnistee in place of any other trustee by an instrument recorded among the appropriate land records. The Subordinating Lender hereby removes Wells Fargo Bank Nebraska, National Association as Trustee and designates and appoints Wells Fargo Financial National Bank as substitute Trustee with the same powers and duties as were originally vested in the Original Trustee under the Existing Security Instrument C. General Terms and Conditions Binding Effect — This Ageement shall be binding upon and inure to the benefit of the respective heirs, legal representatives, successors and assigns of the parties hereto and all of those holding title under any of them. Nonwaiver N/A This Agreement may not be changed or terminated orally. No indulgence, waiver, election or non- election by New Lender or the trustee(s) under the New Security Instrument or related documents shall affect this Agreement. X� This Agreement may not be changed or terminated orally. No indulgence, waiver, election or non- election by Senior Lender or the trustee(s) under the Existing Security Inshument or related documents shall affect this Agreement Severability — The invalidity or unenforceability of any portion of this Agreement shall not affect the remaining provisions and portions of this Agreement. D. Signatures and Acknowledgements The Subordinating Lender, through its authorized officer, and the Trustee if applicable, individually or through its authorized officer or other representative, have each set their hand and seal as of the Effective Date above unless otherwise indicated. (ACKNOWLEGEMENT PAGE FOLLOWS) SUBORDINATION ONLY/PC NE (rev 06202011) Page 3 of 4