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200103989 RECORDING REQUESTED BY: Account Number 0800573818 WHEN RECORDED MAIL TO: Homecomings Financial P.O. Box 890036 Dallas, TX 75389 SPACE ABOVE THIS LINE FOR RECORDER'S USE Subordination Agreement NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF SOME OTHER OR LATER SECURITY INSTRUMENT. THIS AGREEMENT, made this 17 day of April, 2001, between Robert A Schwieger and Penny L Schwieger, as owner of the land hereinafter and referred to as "Owner" and Bank One, National Association as trustee(FKA The First National Bank of Chicago, as trustee) RFC as Attorney in Fact, present owner and holder of the deed of trust and note first hereinafter described and hereinafter referred to as "Beneficiary," WITNESSETH THAT WHEREAS Robert A Schwieger and Penny L Schwieger did execute a deed of trust dated 03/12/1999, to FT Mortgage d/b /a McGuire Mortgage as trustee covering: to secure a note in the sum of $$57,000.00, dated 03/23/1999, in favor of Document No. 99- 102977 of the records of Hall County, NE, Official Records of said county; and as assigned to Bank One, National Association as trustee(FKA The First National Bank of Chicago, as trustee) RFC as Attorney in Fact: WHEREAS, Owner has executed, or is about to execute, a deed of trust and note in the sum of $$69,000.00 dated mac /-4 -k /dam 1 , in favor of ,w��s ►"�,r , ltk—e, n-Nt, hereinafter referred to as "Lender ", payable with interest and upon the terms and conditions described therein, which deed of trust is to be recorded concurrently herewith; and WHEREAS, Lender is willing to make said Loan provided the deed of trust securing the same is a lien or charge upon the above described property prior and superior to the lien or charge of the deed of trust first above mentioned and provided that Beneficiary will specifically and unconditionally subordinate the lien or charge of the deed of trust first above mentioned to the lien or charge of the deed of trust in favor of Lender; and WHEREAS, it is to the mutual benefit of the parties hereto that Lender make such loan to Owner; and Beneficiary is willing that the deed of trust securing the same shall, when recorded, constitute a lien or charge upon said land which is unconditionally prior and superior to the lien or charge of the deed of trust first above mentioned. NOW, THEREFORE, in consideration of the mutual benefits accruing to the parties hereto and other valuable consideration, the receipt and sufficiency of which consideration is hereby acknowledged, and in order to induce Lender to make the Loan above referred to, it is hereby declared, understood and agreed as follows: 1. That said deed of trust securing said note in favor of Lender, and any renewals or extensions thereof, shall unconditionally, be and remain at all times a lien or charge on the property therein described, prior and superior to the lien or charge of the deed of trust first above mentioned. 2. That Lender would not make its Loan above described without this subordination agreement. 3. That this agreement shall be the whole and only agreement with regard to the subordination of the lien or charge of the deed of trust first above mentioned to the lien or charge of the deed of trust in favor of lender above referred to and shall supersede and cancel, but only insofar as would affect the priority between the ck0 so