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201303670 <br /> effective as to any sum whose repayment is presently secured or which may in the future be secured by the <br /> Existing Security Instrument. <br /> X Subordinating Lender hereby subordinates the lien of the Existing Security Instrument,and all of its <br /> modifications,extensions and renewals,to the lien of the Senior Lender's Security Instrument.This <br /> Agreement is effective as to any sum whose repayment is presently secured or which may in the future be <br /> secured by the Existing Security Instrument. <br /> B. Appointment of Substitute Trustee If Applicable <br /> The Existing Security Instrument names Wells Fargo Bank Nebraska,National Association <br /> as Trustee and the Subordinating Lender as Beneficiary.The Existing Security Instrument provides that the <br /> Subordinating Lender may designate and appoint a substitute Trustee in place of any other trustee by an <br /> instrument recorded among the appropriate land records. <br /> The Subordinating Lender hereby removes Wells Fargo Bank Nebraska,National Association <br /> as Trustee and designates and appoints Wells Fargo Financial National Bank as substitute Trustee <br /> with the same powers and duties as were originally vested in the Original Trustee under the Existing Security <br /> Instrument <br /> C. General Terms and Conditions <br /> Binding Effect—This Agreement shall be binding upon and inure to the benefit of the respective heirs,legal <br /> representatives,successors and assigns of the parties hereto and all of those holding title under any of them. <br /> Nonwaiver <br /> N/A This Agreement may not be changed or terminated orally.No indulgence,waiver,election or non- <br /> election by New Lender or the trustee(s)under the New Security Instrument or related documents <br /> shall affect this Agreement. <br /> X This Agreement may not be changed or terminated orally.No indulgence,waiver,election or non- <br /> election by Senior Lender or the trustee(s)under the Existing Security Instrument or related <br /> documents shall affect this Agreement. <br /> Severability—The invalidity or unenforceability of any portion of this Agreement shall not affect the <br /> remaining provisions and portions of this Agreement. <br /> D. Signatures and Acknowledgements <br /> The Subordinating Lender,through its authorized officer,and the Trustee if applicable,individually or through its <br /> g g PP Y g <br /> authorized officer or other representative,have each set their hand and seal as of the Effective Date above unless <br /> otherwise indicated. <br /> (ACKNOWLEGEMENT PAGE FOLLOWS) <br /> SUBORDINATION ONLY/PC_NE(rev 06202011) Page 3 of 4 <br />