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201210947
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Last modified
7/20/2017 10:07:11 AM
Creation date
12/24/2012 9:29:23 AM
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201210947
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m <br /> �� N 0� � <br /> mm � �D m <br /> � � n� �1 N �f�i'1 N f�rl <br /> � �a � . 0 <O 00 <br /> o �� � m OT N (Di� <br /> ZD C7 TZ � <br /> J ,n� T N Sm QZ <br /> < O A DW (pN <br /> moo � D rcDi� v � <br /> v,o cn � � � <br /> �m � � Z <br /> o� � � � <br /> pp Z <br /> O <br /> SUBORDINATION AGREEMENT <br /> ���8�y��,,_�����g� Loan No: 3310280489 <br /> This Agreement is made this lV�l�elY)lef.r � , 2012 by and between Quicken Loans Inc., whose <br /> address is 635 Woodward Avenue, Detroit, MI 48226, Mortgage Electronic Registration Systems, Inc., <br /> ("MERS") as nominee for Quicken Loans Inc., whose address is P.O. Box 2026, Flint, Michigan 48501, <br /> (collectively referred to as "Quicken Loans") and Mortgage Electronic Registration Systems, Inc., acting <br /> sol I as a qominee fos M'dcontin nt Financial Center nc., a Corporation, whose address is <br /> f['��-b (}/o�c�w�Jd �� � I—ft�r�� .+"�� Y�'�a� (the"Lienholder'). <br /> WHEREAS the Lienholder is the holder of a moRgage/deed of trusUlien in the principal amount of <br /> $59,000.00, executed by De Anna Krolikowski and Jerome A. Krolikowski, wife and husband (the <br /> "Borrower"), to John Schulte, Trustee for the benefit of Mortgage Electronic Registration Systems, Inc., <br /> acting solely as a nominee for Midcontinent Financial Center Inc., a Corporation, dated February 9, <br /> 2D07 and recorded on March 29, 2007, as Instrument 200702478, in the records of Hall County <br /> ("Lienholders Lien"), covering the property commonly known as 6517 W Husker Hwy, Alda, NE 68810 (the <br /> "Property") and legally described as: <br /> Situated in the County of Hall, State of NE: <br /> (SEE ATTACHED LEGAL DESCRIPTION) <br /> Tax ID No.: 400367068 <br /> WHEREAS, Quicken Loans intends to make a loan to the Borrower in a principal amount not to exceed <br /> $208,300.00 and dated on or about �PL?t^�I hfi� .3 , 2012 to be secured by a mortgage/deed of <br /> trust granted to MERS as nominee for Quicken Loans covering the PropeRy ("Quicken Loans' Lien"), and <br /> :� ZOIZ_/0�3�7 / <br /> WHEREAS Quicken Loans will only make the loan to the Borrower provided that Lienholder's Lien is <br /> subordinate to Quicken Loans' Lien, and <br /> WHEREAS Lienholder intends that Quicken Loans' Lien be prior and superior to Lienholder's Lien. <br /> NOW, THEREFORE, it is agreed that in consideration of one dollar and other good and valuable <br /> consideration, the adequacy and receipt of which is hereby acknowledged, Lienholder agrees to <br /> subordinate and make Lienholders Lien subordinate and junior in all respects to Quicken Loans' Lien. <br /> Page 1 of 3 <br />
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